Examples of Third Tranche Warrants in a sentence
The purchase and sale of the Third Tranche Debentures and issuance of the Third Tranche Warrants shall take place via exchange of electronic or facsimile signature pages thereto (with originals to be mailed as soon as practicable thereafter) no later than five (5) business days following the Company’s receipt of the Call Option Exercise Notice (the “Third Closing”).
Xxxxxx Trust dated April 16, 1996 10.00 % $ 50,000.00 1,333,350 $ 50,000.00 1,333,350 $ 40,115.75 1,069,767 TOTAL 100.00 % $ 500,000.00 13,333,500 $ 500,000.00 13,333,500 $ 401,157.00 10,697,667 * These represent the maximum principal amount and warrant coverage with respect to the Third Tranche Debentures and Third Tranche Warrants.
The Company shall immediately deliver to the Investors the Third Tranche Debentures and the Third Tranche Warrants against payment of the purchase price therefore by check payable to the Company or by wire transfer to the bank and account designated by the Company on Exhibit C, a copy of which is attached hereto.
Each Investor that participated in investing the Third Tranche Initial Amount in the Company hereby transfers, assigns and conveys all of its right, title and interest to the Third Tranche Debentures and Third Tranche Warrants to Xxxxxxx Bros.
Schedule I will be updated upon the Company’s receipt of, and in accordance with, the Call Option Exercise Notice, with respect to the Third Tranche Debentures and Third Tranche Warrants.
The purchase and sale of the Third Tranche Debentures and issuance of the Third Tranche Warrants shall take place via exchange of electronic or facsimile signature pages thereto (with originals to be mailed as soon as practicable thereafter) no later than five (5) business days following the Company’s receipt of the Call Option Exercise Notice or actual payment to the Company by any Investor as provided for above.
The Company hereby consents to the transfer of the Third Tranche Debentures and Third Tranche Warrants to Xxxxxxx Bros.
Each Investor that participated in investing the Third Tranche Initial Amount in the Company hereby notifies the Company of its desire to transfer its Third Tranche Debentures and Third Tranche Warrants to Xxxxxxx Bros.
In no case shall the closing of the purchase and sale of the Second Tranche Debentures and Second Tranche Warrants (the "Second Closing Date") or the closing of the purchase and sell of the Third Tranche Debentures and Third Tranche Warrants (the "Third Closing Date") take place unless and until all of the conditions listed in Section 4.2 have been satisfied by the Company or waived by the Purchasers.
Xxxxxxx SIGNATURE PAGE TO DEBENTURE AND WARRANT PURCHASE AGREEMENT Schedule I List of Investors Investor Name % of Investment at each Closing First Tranche Debentures First Tranche Warrants Second Tranche Debentures Second Tranche Warrants Third Tranche Debentures* Third Tranche Warrants* BARTFAM, a California Limited Partnership 33.33 % $ 166,666.67 4,444,500 $ 166,666.67 4,444,500 $ 133,719.17 2,565,889 The Xxxxxxx X.