Examples of Subscriber Warrants in a sentence
Each Subscriber is hereby subscribing for the number of Warrants indicated on the signature page hereto by the caption, “Number of Warrants Being Subscribed” (the “Subscriber’s Warrants”) which Subscriber Warrants will be issued to the Subscriber, or his affiliates or designees.
Such Registration Statement shall state, to the extent permitted by Rule 416 under the 1933 Act, that it also covers such indeterminate number of additional Common Shares as may become issuable upon exercise of the Subscriber Warrants and the Agents’ Warrants in order to (i) prevent dilution resulting from stock splits, stock dividends or similar events and (ii) effect required anti-dilution adjustments pursuant to the terms of the Subscriber Warrants or the Agents’ Warrants and their governing documents.
In addition, upon Closing the Company will pay a commission of four percent (4%) of the gross proceeds raised from the Offering in the form of Warrants to the Agent, with the same terms and conditions as the Subscriber Warrants.
Additionally, in connection with any such issuance of Ratchet Shares, the Company shall promptly cause to be issued and delivered to each Subscriber, Warrants to purchase such number of shares of Common Stock equal to 50% of the number of any Ratchet Shares issued to such Subscriber.
Each Subscriber is hereby subscribing for the number of Warrants indicated on the signature page hereto by the caption, "Number of Warrants Being Subscribed" (the "SUBSCRIBER'S WARRANTS"), which Subscriber Warrants will be issued to the Subscriber, or his affiliates or designees.
Subject to the satisfaction or waiver of the terms and conditions of this Agreement, on the Closing Date, each Subscriber shall purchase, and the Company shall sell to each Subscriber, the Notes in the Principal Amount of up to $250,000, and issue to each Subscriber Warrants as described in Section 2 of this Agreement.
For every five shares of Common Stock subscribed for in the Rights Offering, the Corporation will issue a transferable warrant for one additional share of Common Stock (collectively, the "Subscriber Warrants"), exercisable at any time after issuance for a period of two years, at an exercise price equal to 125% of the Public Offering Price (as defined below).
Sterling and the Company agree that the Common Stock and Subscriber Warrants will be offered "accredited investors" within the meaning of Rule 501 of Regulation D ("Accredited Investors") promulgated by the Securities and Exchange Commission (the "Commission") under the Securities Act and Rule 506 of Regulation D under the Securities Act.
Upon the terms and subject to the conditions of this Agreement, Subscribers hereby agree to purchase from the Company, and the Company hereby agrees to sell to the Subscribers, on the closing date as defined below in section 1.3, the number of Warrants indicated on the signature page hereto by the caption, “Number of Warrants Being Subscribed” (the “Subscriber's Warrants”) which Subscriber Warrants will be issued to the Subscribers, or their affiliates or designees.
Upon the terms and subject to the conditions of this Agreement, each Subscriber hereby agrees to purchase from the Company, and the Company hereby agrees to sell to the Subscriber, on the closing date as defined below in section 1.3, the number of Warrants indicated on the signature page hereto by the caption, “Number of Warrants Being Subscribed” (the “Subscriber’s Warrants”) which Subscriber Warrants will be issued to the Subscribers, or their affiliates or designees.