Purchase and Sale of Note and Warrant Clause Example with 20 Variations from Business Contracts
This page contains Purchase and Sale of Note and Warrant clauses in business contracts and legal agreements. An example clause is provided at the top of the page, followed by clauses with minor variations. You can view the text differences by selecting the "Show Differences" option.
Purchase and Sale of Note and Warrant. a. Purchase of Note and Warrant. On the Closing Date (as defined below), the Company shall issue and sell to the Buyer and the Buyer agrees to purchase from the Company such principal amount of Note and number of Warrants as is set forth immediately below the Buyer's name on the signature pages hereto. b. Form of Payment. On the Closing Date (as defined below), (i) the Buyer shall pay the purchase price for the Note and the Warrant to be issued and sold to it at the Closing (as defined below) (t...he "Purchase Price") by wire transfer of immediately available funds to the Company, in accordance with the Company's written wiring instructions, against delivery of the Note in the principal amount equal to the Purchase Price and the number of Warrants as is set forth immediately below the Buyer's name on the signature pages hereto, and (ii) the Company shall deliver such duly executed Note and Warrant on behalf of the Company, to the Buyer, against delivery of such Purchase Price. c. Closing Date. Subject to the satisfaction (or written waiver) of the conditions thereto set forth in Section 6 and Section 7 below, the date and time of the issuance and sale of the Note and the Warrant pursuant to this Agreement (the "Closing Date") shall be 12:00 noon, Eastern Standard Time on or about October 30, 2014, or such other mutually agreed upon time. The closing of the transactions contemplated by this Agreement (the "Closing") shall occur on the Closing Date at such location as may be agreed to by the parties.View More
Variations of a "Purchase and Sale of Note and Warrant" Clause from Business Contracts
Purchase and Sale of Note and Warrant. a. Purchase of Note and Warrant. On the Closing Date (as defined below), the Company shall issue and sell to the Buyer and the Buyer agrees to purchase from the Company such principal amount of the Note and number the Warrant, subject to the express terms of Warrants the Note, the Warrant, and this Agreement as is set forth immediately below the Buyer's name on the signature pages hereto. case may be. b. Form of Payment. On the Closing Date (as defined below), (i) Date, the Buyer shall pay the p...urchase price for the Note and the Warrant to be issued and sold to it at the Closing (as defined below) of $110,000.00 (the "Purchase Price") for the Note, by wire transfer of immediately available funds to the Company, funds, in accordance with the Company's written wiring instructions, against delivery of the Note in Note, the principal amount equal to the Purchase Price Warrant, and the number of Warrants as is set forth immediately below the Buyer's name on the signature pages hereto, Commitment Shares, and (ii) the Company shall deliver such duly executed Note Note, Warrant, and Warrant Commitment Shares on behalf of the Company, to the Buyer, against delivery of such Purchase Price. Buyer. c. Closing Date. Subject to the satisfaction (or written waiver) of the conditions thereto set forth in Section 6 and Section 7 below, the date and time of the issuance and sale of the Note and the Warrant pursuant to this Agreement (the "Closing Date") shall be 12:00 noon, 4:00 PM, Eastern Standard Time on or about October 30, 2014, the date first written above, or such other mutually agreed upon time. 1 d. Closing. The closing of the transactions contemplated by this Agreement (the "Closing") shall occur on the Closing Date at such location as may be agreed to by the parties. parties (including via exchange of electronic signatures). e. Commitment Shares. Upon Closing, Company shall issue 110,000 Commitment Shares to Buyer. The Commitment Shares shall be deemed fully earned upon such Closing and shall be non-returnable. View More
Purchase and Sale of Note and Warrant. a. Purchase of Note and Warrant. On the Closing Date (as defined below), the Company shall issue and sell to the Buyer and the Buyer agrees to purchase from the Company such principal amount of the Note and number the Warrant, subject to the express terms of Warrants the Note, the Warrant, and this Agreement as is set forth immediately below the Buyer's name on the signature pages hereto. case may be. b. Form of Payment. On the Closing Date (as defined below), (i) Date, the Buyer shall pay the p...urchase price for the Note and the Warrant to be issued and sold to it at the Closing (as defined below) of $160,000.00 (the "Purchase Price") for the Note, by wire transfer of immediately available funds to the Company, funds, in accordance with the Company's written wiring instructions, against delivery of the Note in Note, the principal amount equal to the Purchase Price Warrant, and the number of Warrants as is set forth immediately below the Buyer's name on the signature pages hereto, Commitment Shares, and (ii) the Company shall deliver such duly executed Note Note, Warrant, and Warrant Commitment Shares on behalf of the Company, to the Buyer, against delivery of such Purchase Price. Buyer. c. Closing Date. Subject to the satisfaction (or written waiver) of the conditions thereto set forth in Section 6 and Section 7 below, the date and time of the issuance and sale of the Note and the Warrant pursuant to this Agreement (the "Closing Date") shall be 12:00 noon, 4:00 PM, Eastern Standard Time on or about October 30, 2014, the date first written above, or such other mutually agreed upon time. 1 d. Closing. The closing of the transactions contemplated by this Agreement (the "Closing") shall occur on the Closing Date at such location as may be agreed to by the parties. parties (including via exchange of electronic signatures). e. Commitment Shares. Upon Closing, Company shall issue 1,250,000 Commitment Shares to Buyer. The Commitment Shares shall be deemed fully earned upon such Closing and shall be non-returnable. View More
Purchase and Sale of Note and Warrant. a. Purchase of Note and Warrant. Note. On the Closing Date (as defined below), the Company shall issue and sell to the Buyer Buyer, and the Buyer agrees to purchase from the Company Company, the Note, as further provided herein. As used in this Agreement, the term "business day" shall mean any day other than a Saturday, Sunday, or a day on which commercial banks in the city of New York, New York are authorized or required by law or executive order to remain closed; provided, for the avoidance of... doubt, that no such principal amount commercial banks shall be considered to be authorized or required by law or executive order to remain closed as a result of Note and number "stay at home", "shelter-in-place", "non-essential employee" or other similar orders or restrictions or the closure of Warrants any physical branch locations at the direction of any governmental authority so long as is set forth immediately below the Buyer's name electronic funds transfer systems (including for wire transfers) of such commercial banks are generally open for sue by customers on the signature pages hereto. such day. b. Form of Payment. On the Closing Date (as defined below), Date: (i) the Buyer shall pay the amount identified on the signature page hereto as the actual amount of the purchase price for of the Note and the Warrant (the "Purchase Price"), to be issued and sold to it at the Closing (as defined below) (the "Purchase Price") below), by wire transfer of immediately available funds to the Company, in accordance with the Company's written wiring instructions, against delivery of the Note in the principal amount equal to the Purchase Price and the number of Warrants as is set forth immediately below the Buyer's name on the signature pages hereto, Note, and (ii) the Company shall deliver such duly executed Note and Warrant on behalf of the Company, to the Buyer, against delivery of such Purchase Price. On the Closing, the Buyer shall withhold up to $12,500 from the Purchase Price to cover the Buyer's legal fees in connection with the transactions contemplated by this Agreement. 1 c. Closing Date. Subject to the satisfaction (or written waiver) of the conditions thereto set forth in Section 6 and Section 7 below, the date and time of the issuance and sale of the Note and the Warrant pursuant to this Agreement (the "Closing Date") shall be 12:00 noon, Eastern Standard Time on or about October 30, 2014, or such other mutually agreed upon time. the date that the Purchase Price for the Note is paid by Buyer pursuant to terms of this Agreement. The closing of the transactions contemplated by this Agreement (the "Closing") shall occur on the Closing Date at such location as may be agreed to by the parties. parties (including via exchange of electronic signatures). d. Warrant. On or before the Closing Date, the Company shall issue the Warrant to the Buyer pursuant to the terms of contained therein, which shall be earned in full as of the Closing Date. View More
Purchase and Sale of Note and Warrant. a. Purchase of Note and Warrant. On the Closing Date (as defined below), the Company shall issue and sell to the Buyer and the Buyer agrees to purchase from the Company such principal amount of the Note and number the Warrant, subject to the express terms of Warrants the Note, the Warrant, and this Agreement as is set forth immediately below the Buyer's name on the signature pages hereto. case may be. b. Form of Payment. On the Closing Date (as defined below), (i) Date, the Buyer shall pay the p...urchase price for of $10,000.00 cash and agree to surrender the Convertible Note and previously issued by the Warrant to be issued and sold to it at the Closing (as defined below) Company plus accrued interest (the "Purchase Price") by wire transfer of immediately available funds to for the Company, in accordance with the Company's written wiring instructions, Note, against delivery of the Note in the principal amount equal to the Purchase Price Note, and the number of Warrants as is set forth immediately below the Buyer's name on the signature pages hereto, Warrant, and (ii) the Company shall deliver such duly executed Note Note, and Warrant on behalf of the Company, to the Buyer, against delivery of such Purchase Price. Buyer. c. Closing Date. Subject to the satisfaction (or written waiver) of the conditions thereto set forth in Section 6 and Section 7 below, the date and time of the issuance and sale of the Note and the Warrant pursuant to this Agreement (the "Closing Date") shall be 12:00 noon, 4:00 PM, Eastern Standard Time on or about October 30, 2014, the date first written above, or such other mutually agreed upon time. d. Closing. The closing of the transactions contemplated by this Agreement (the "Closing") shall occur on the Closing Date at such location as may be agreed to by the parties. parties (including via exchange of electronic signatures). View More
Purchase and Sale of Note and Warrant. a. Purchase of Note and Warrant. Warrants. On the Closing Date (as defined below), the Company shall issue and sell to the Buyer and the Buyer agrees to purchase from the Company Company, the Warrants, and such principal amount of Note and number of Warrants as is set forth immediately below the Buyer's name on the signature pages hereto. b. Form of Payment. On the Closing Date (as defined below), (i) the Buyer shall pay the purchase price for the Note and the Warrant to be issued and sold to it... at the Closing (as defined below) (the "Purchase Price") by wire transfer of immediately available funds to the Company, in accordance with the Company's written wiring instructions, against delivery of the Note in the principal amount equal to the Purchase Price and the number of Warrants as is set forth immediately below the Buyer's name on the signature pages hereto, subject to the express terms of the Note. b. Form of Payment. On the Closing Date (as defined below), the Buyer shall pay the purchase price for the first tranche of the Note, which is equal to $250,000.00 (the "First Tranche Purchase Price") by wire transfer of immediately available funds, in accordance with the Company's written wiring instructions, against delivery of the Note, and (ii) (i) the Company shall deliver such duly executed Note and Warrant Note, as well as the Warrants, on behalf of the Company, to the Buyer, against delivery Buyer. The Buyer shall fund additional tranches under the Note, pursuant to the terms and conditions of such the Note and in accordance with the Company's written wiring instructions. The Warrants are being issued in conjunction with the first tranche of the Note, and no additional consideration is being given besides the First Tranche Purchase Price. c. Closing Date. Subject to the satisfaction (or written waiver) of the conditions thereto set forth in Section 6 and Section 7 below, the date and time of the issuance and sale of the Note and the Warrant Warrants pursuant to this Agreement (the "Closing Date") shall be 12:00 noon, 5:00 P.M., Eastern Standard Time on or about October 30, 2014, September 8, 2015, or such other mutually agreed upon time. The closing of the transactions contemplated by this Agreement (the "Closing") shall occur on the Closing Date at such location as may be agreed to by the parties. View More
Purchase and Sale of Note and Warrant. a. Purchase of Note and Warrant. On the Closing Date (as defined below), the Company shall issue and sell to the Buyer Buyer, and the Buyer agrees to purchase from the Company, the Note, as further provided herein. As used in this Agreement, the term "business day" shall mean any day other than a Saturday, Sunday, or a day on which commercial banks in the city of New York, New York are authorized or required by law or executive order to remain closed. On the Closing Date, the Company such princi...pal amount of Note and number of Warrants as is set forth immediately below shall also issue a Warrant to the Buyer's name on Buyer pursuant to the signature pages hereto. terms contained herein. b. Form of Payment. On the Closing Date (as defined below), Date: (i) the Buyer shall pay the purchase price as set forth on the signature page hereto (the "Purchase Price") for the Note and the Warrant Note, to be issued and sold to it at the Closing (as defined below) (the "Purchase Price") below), by wire transfer of immediately available funds to the Company, in accordance with the Company's written wiring instructions, against delivery of the Note in the principal amount equal to the Purchase Price and the number of Warrants as is set forth immediately below the Buyer's name on the signature pages hereto, Note, and (ii) the Company shall deliver such duly executed Note and Warrant on behalf of the Company, to the Buyer, against delivery of such Purchase Price. c. Closing Date. Subject to the satisfaction (or written waiver) of the conditions thereto set forth in Section 6 and Section 7 below, the date and time of the issuance and sale of the Note and the Warrant pursuant to this Agreement (the "Closing Date") shall be 12:00 noon, Eastern Standard Time on or about October 30, 2014, or such other mutually agreed upon time. the date that the Purchase Price for the Note is paid by Buyer pursuant to terms of this Agreement. d. Closing. The closing of the transactions contemplated by this Agreement (the "Closing") shall occur on the Closing Date at such location as may be agreed to by the parties. parties (including via exchange of electronic signatures). There may be multiple closings of the sale of Notes and Warrants pursuant to the Offering. View More
Purchase and Sale of Note and Warrant. a. Purchase of Note and Warrant. On the Closing Date (as defined below), the Company shall issue and sell to the Buyer and the Buyer agrees to purchase from the Company such principal amount of the Note and number the Warrant, subject to the express terms of Warrants the Note, the Warrant, and this Agreement as is set forth immediately below the Buyer's name on the signature pages hereto. case may be. b. Form of Payment. On the Closing Date (as defined below), (i) Date, the Buyer shall pay the p...urchase price for the Note and the Warrant to be issued and sold to it at the Closing (as defined below) of $50,683.84 (the "Purchase Price") for the Note, by wire transfer of immediately available funds to the Company, funds, in accordance with the Company's written wiring instructions, against delivery of the Note in the principal amount equal to the Purchase Price Note, and the number of Warrants as is set forth immediately below the Buyer's name on the signature pages hereto, Warrant, and (ii) the Company shall deliver such duly executed Note Note, and Warrant on behalf of the Company, to the Buyer, against delivery of such Purchase Price. Buyer. c. Closing Date. Subject to the satisfaction (or written waiver) of the conditions thereto set forth in Section 6 and Section 7 below, the date and time of the issuance and sale of the Note and the Warrant pursuant to this Agreement (the "Closing Date") shall be 12:00 noon, 4:00 PM, Eastern Standard Time on or about October 30, 2014, the date first written above, or such other mutually agreed upon time. d. Closing. The closing of the transactions contemplated by this Agreement (the "Closing") shall occur on the Closing Date at such location as may be agreed to by the parties. parties (including via exchange of electronic signatures). View More
Purchase and Sale of Note and Warrant. a. Purchase of Note and Warrant. On the Closing Date (as defined below), the Company shall issue and sell to the Buyer and the Buyer agrees to purchase from the Company such principal amount of the Note and number the Warrant, subject to the express terms of Warrants the Note, the Warrant, and this Agreement as is set forth immediately below the Buyer's name on the signature pages hereto. case may be. b. Form of Payment. On the Closing Date (as defined below), (i) Date, the Buyer shall pay the p...urchase price for the Note and the Warrant to be issued and sold to it at the Closing (as defined below) of $110,000.00 (the "Purchase Price") for the Note, by wire transfer of immediately available funds to the Company, funds, in accordance with the Company's written wiring instructions, against delivery of the Note in the principal amount equal to the Purchase Price Note, and the number of Warrants as is set forth immediately below the Buyer's name on the signature pages hereto, Warrant, and (ii) the Company shall deliver such duly executed Note Note, and Warrant on behalf of the Company, to the Buyer, against delivery of such Purchase Price. Buyer. c. Closing Date. Subject to the satisfaction (or written waiver) of the conditions thereto set forth in Section 6 and Section 7 below, the date and time of the issuance and sale of the Note and the Warrant pursuant to this Agreement (the "Closing Date") shall be 12:00 noon, 4:00 PM, Eastern Standard Time on or about October 30, 2014, the date first written above, or such other mutually agreed upon time. 1 d. Closing. The closing of the transactions contemplated by this Agreement (the "Closing") shall occur on the Closing Date at such location as may be agreed to by the parties. parties (including via exchange of electronic signatures). View More
Purchase and Sale of Note and Warrant. a. Purchase of Note and Warrant. On the Closing Date (as defined below), the Company shall issue and sell to the Buyer and the Buyer agrees to purchase from the Company such principal amount of the Note and number of Warrants as is set forth immediately below the Buyer's name on the signature pages hereto. Warrant. b. Form of Payment. On the Closing Date (as defined below), Date, (i) the Buyer shall pay fund the purchase price principal amount for the Note and the Warrant to be issued and sold t...o it at the Closing (as defined below) (the "Purchase Price") by wire transfer of immediately available funds to the Company, in accordance with the Company's written wiring instructions, against delivery of the Note in the principal amount equal to the Purchase Price and the number of Warrants as is set forth immediately below the Buyer's name on the signature pages hereto, Warrant, and (ii) the Company shall deliver such duly executed Note and Warrant on behalf of the Company, to the Buyer, against delivery of such Purchase Price. the purchase price thereof. c. Closing Date. Subject to the satisfaction (or written waiver) of the conditions thereto set forth in Section 6 and Section 7 below, the The date and time of the issuance and sale of the Note and the Warrant pursuant to this Agreement (the "Closing Date") shall be 12:00 noon, Eastern Standard Time on or about October 30, 2014, simultaneous with the execution and delivery of this Agreement, or such other mutually agreed upon time. The closing of the transactions contemplated by this Agreement (the "Closing") shall occur on the Closing Date at such location as may be agreed to by the parties. d. Closing. On the Closing Date, upon the terms and subject to the conditions set forth herein, the Company agrees to sell, and the Buyer agrees to purchase, the Note and Warrant as set forth on each Buyer's signature page hereto. At any closing hereunder, the Company shall deliver to each Buyer its respective Note and Warrant. View More
Purchase and Sale of Note and Warrant. a. Purchase of Note and Warrant. On the Closing Date (as defined below), the Company shall issue and sell to the Buyer Buyer, and the Buyer agrees to purchase from the Company such Company, the Note in the principal amount of Note and number of Warrants as is set forth immediately below the Buyer's name on the signature pages hereto, and the Warrant in the number set forth immediately below the Buyer's name on the signature page hereto. b. Form of Payment. On the Closing Date (as defined below),... Date: (i) the Buyer shall pay the purchase price for the Note and the Warrant to be issued and sold to it at the Closing (as defined below) (the "Purchase Price") by wire transfer of immediately available funds to the Company, in accordance with the Company's written wiring instructions, against delivery of the Note in the principal an amount equal to the Actual Amount of Purchase Price and of Note (i.e., 115% of the number purchase price of Warrants the Note) as is set forth immediately below the Buyer's name on the signature pages hereto, and (ii) the Company shall deliver such duly executed Note and Warrant on behalf of the Company, to the Buyer, against delivery of such Purchase Price. 1 c. Closing Date. Subject to the satisfaction (or written waiver) of the conditions thereto set forth in Section 6 and Section 7 below, the date and time of the issuance and sale of the Note and the Warrant pursuant to this Agreement (the "Closing Date") shall be 12:00 noon, 4:00 PM, Eastern Standard Time on or about October 30, 2014, the date first written above, or such other mutually agreed upon time. d. Closing. The closing of the transactions contemplated by this Agreement (the "Closing") shall occur on the Closing Date at such location as may be agreed to by the parties. parties (including via exchange of electronic signatures). Concurrently with the Closing, the Company shall be permitted to sell promissory notes identical to the Note to certain other investors up to an aggregate principal amount (not including original issuance discount) of $587,500, inclusive of thjs Note. View More
