Examples of Waiver Warrants in a sentence
The Company agrees that the Conversion Shares and shares of Common Stock issued upon the exercise of the Waiver Warrants shall, when issued, be duly and validly issued and fully paid and non-assessable.
The Company agrees that it will at all times reserve and keep available out of its authorized shares of Common Stock, free from preemptive rights, solely for the purpose of the issue upon conversion of the Notes, issue upon the exercise of the Waiver Warrants and issuances of shares of Common Stock in accordance with the terms hereof.
The Company agrees that if any Conversion Shares or shares issued upon the exercise of the Waiver Warrants require registration with or approval of any governmental authority under any Federal or state Law, or any national securities exchange, before such shares may be issued upon conversion, the Company will use its best efforts to cause such shares to be duly registered or approved, as the case may be.
While any Waiver Warrants remain outstanding, the Company shall use a transfer agent that participates in the DTC Fast Automated Securities Transfer Program.
Any change, amendment or waiver pursuant to the immediately preceding sentence shall be binding on the Holder of this Warrant and all holders of the Waiver Warrants.
The Company shall make a public announcement if its election to cause a redemption pursuant to this Section 5 on a Current Report on Form 8-K concurrently with, or prior to, the delivery of the Redemption to the Holder and the holder of the other Waiver Warrants.
If the Company elects to cause a redemption pursuant to Section 5, then it must simultaneously take the same action in the same proportion with respect to all of the other Waiver Warrants.
The First Waiver is amended to delete any requirement that the Company issue the Waiver Warrants.
The issuance of the Waiver Warrants are duly authorized and, upon issuance in accordance with the terms of this Agreement, the Waiver Warrants shall be validly issued and free from all preemptive or similar rights (except for those which have been validly waived prior to the date hereof), taxes, liens and charges and other encumbrances with respect to the issue thereof.
Notwithstanding the foregoing, the Holder will be deemed to have been issued the Waiver Warrants as of the date hereof, despite the fact that the Waiver Warrant is only required to be physically delivered within two (2) Business Days of the date hereof.