Warrant Coverage Clause Example with 29 Variations from Business Contracts

This page contains Warrant Coverage 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.
Warrant Coverage. The Company shall issue to Wainwright or its designees at each Closing, warrants (the "Wainwright Warrants") to purchase that number of shares of common stock of the Company equal to 6.0% of the aggregate number of shares of common stock placed in each Offering (and if an Offering includes a "greenshoe" or "additional investment" option component, such number of shares of common stock underlying such additional option component, with the Wainwright Warrants issuable upon the exercise of such opt...ion). If the Securities included in an Offering are 430 Park Avenue | New York, New York 10022 | 212.356.0500 | www.hcwco.com Member: FINRA/SIPC convertible, the Wainwright Warrants shall be determined by dividing the gross proceeds raised in such Offering divided by the Offering Price (as defined hereunder). The Wainwright Warrants shall have the same terms as the warrants issued to investors in the applicable Offering, except that such Wainwright Warrants shall have an exercise price equal to 125% of the offering price per share (or unit, if applicable) in the applicable Offering and if such offering price is not available, the market price of the common stock on the date an Offering is commenced (such price, the "Offering Price"). If no warrants are issued to investors in an Offering, the Wainwright Warrants shall be in a customary form reasonably acceptable to Wainwright, have a term of five (5) years and an exercise price equal to 125% of the Offering Price. View More

Variations of a "Warrant Coverage" Clause from Business Contracts

Warrant Coverage. The Company shall issue to Wainwright or its designees at each Closing, warrants (the "Wainwright Warrants") to purchase that number of shares of common stock of the Company equal to 6.0% 3.0% of the aggregate number of shares of common stock Common Stock placed in each Offering (and if an Offering includes the Securities are convertible or include a "greenshoe" or "additional investment" option component, such number of shares of common stock Common Stock underlying such additional option compo...nent, Securities or options, with the Wainwright Warrants warrant issuable upon conversion of the Securities or the exercise of such the option). If the Securities included in an Offering are 430 Park Avenue | New York, New York 10022 | 212.356.0500 | www.hcwco.com Member: FINRA/SIPC convertible, the Wainwright Warrants shall be determined by dividing the gross proceeds raised in such Offering divided by the Offering Price (as defined hereunder). then market price of the Common Stock. The Wainwright Warrants shall have the same terms as the warrants issued to investors in the applicable Offering, except that such Wainwright Warrants Warrant shall have an exercise price equal to 125% of the public offering price per share (or unit, if applicable) in the applicable Offering and if such offering price is not available, the market price of the common stock on the date an Offering is commenced (such price, the "Offering Price"). Offering. If no warrants are issued to investors in an Offering, the Wainwright Warrants shall be in a customary form reasonably acceptable to Wainwright, have a term of five (5) years and an exercise price equal to 125% of the Offering Price. then market price of the Common Stock. View More
Warrant Coverage. The Company shall issue to Wainwright or its designees at each Closing, warrants (the "Wainwright Warrants") to purchase that number of shares of common stock of the Company equal to 6.0% 5.0% of the aggregate number of shares of common stock placed in each Offering (and if an Offering includes a "greenshoe" or "additional investment" option component, such number of shares of common stock underlying such additional option component, with the Wainwright Warrants issuable upon the exercise of suc...h option). If the Securities included in an Offering are 430 Park Avenue | New York, New York 10022 | 212.356.0500 | www.hcwco.com Member: FINRA/SIPC convertible, the Wainwright Warrants shall be determined by dividing the gross proceeds raised in such Offering divided by the Offering Price (as defined hereunder). The Wainwright Warrants shall have the same terms as the warrants issued to investors in the applicable Offering, except that such Wainwright Warrants shall have an exercise price equal to 125% of the offering price per share (or unit, if applicable) in the applicable Offering and if such offering price is not available, the market price of the common stock on the date an Offering is commenced (such price, the "Offering Price"). If no warrants are issued to investors in an Offering, the Wainwright Warrants shall be in a customary form reasonably acceptable to Wainwright, have Wainwright and the Company, be exercisable from the 6-month anniversary of the issuance date for a term of five (5) three and one-half (3.5) years and at an exercise price equal to 125% of the Offering Price. Price, shall not have any price-based anti-dilution protection, and neither the Wainwright Warrants or the shares underlying them shall be subject to registration except in the sole discretion of the Company. View More
Warrant Coverage. The Company shall issue to Wainwright or its designees at each Closing, warrants (the "Wainwright Warrants") to purchase that number of shares of common stock of the Company equal to 6.0% 5% of the aggregate number of shares of common stock Common Stock placed in each Offering (and if an Offering includes (if the Securities include a "greenshoe" or "additional investment" option component, such number of shares of common stock Common Stock underlying such additional option component, with the Wa...inwright Warrants issuable upon the exercise of such option). options if exercised). If the Securities included in an Offering are 430 Park Avenue | New York, New York 10022 | 212.356.0500 | www.hcwco.com Member: FINRA/SIPC convertible, non-convertible, the Wainwright Warrants shall be determined by dividing the gross proceeds raised in such Offering divided by the Offering Price (as defined hereunder). then market price of the Common Stock. The Wainwright Warrants shall have the same terms as the warrants issued to investors in the applicable Offering, except that such Wainwright Warrants shall have an exercise price equal to 125% of the offering price per share (or unit, if applicable) in the applicable Offering and if such offering price is not available, the market price of the common stock on the date an Offering is commenced (such price, the "Offering Price"). commenced. If no warrants are issued to investors in an Offering, the Wainwright Warrants shall be in a customary form reasonably acceptable to Wainwright, have a term of five (5) 5 years and an exercise price equal to 125% 110% of the Offering Price. then market price of the Common Stock. View More
Warrant Coverage. The Company shall issue to Wainwright or its designees at each Closing, warrants (the "Wainwright Warrants") to purchase that number of shares of common stock of the Company equal to 6.0% 5.0% of the aggregate number of shares of common stock (or common stock equivalent, if applicable) placed in each Offering (and if an Offering includes a "greenshoe" or "additional investment" option component, such number of shares of common stock underlying such additional option component, with the Wainwrigh...t Warrants issuable upon the exercise of such option). If the Securities included in an Offering are "greenshoe" or "additional 430 Park Avenue | New York, New York 10022 | 212.356.0500 | www.hcwco.com Member: FINRA/SIPC investment" component, with the Wainwright Warrants issuable upon the exercise of such component). If the Securities included in an Offering are convertible, the Wainwright Warrants shall be determined by dividing the gross proceeds raised in such Offering divided by the Offering Price (as defined hereunder). Notwithstanding the foregoing, the calculation of the number of Wainwright Warrants to be issued to Wainwright shall not include any shares of common stock issuable upon exercise of warrants issued in the Offering, if any. The Wainwright Warrants shall be in a customary form reasonably acceptable to Wainwright, have the same terms as the warrants issued to investors in the applicable Offering, except that such Wainwright Warrants shall have a term of four (4) years and an exercise price equal to 125% of the offering price per share (or unit, if applicable) in the applicable Offering and if such offering price is not available, the market price of the common stock on the date an Offering is commenced (such price, the "Offering Price"). If no warrants are issued to investors in an Offering, the Wainwright Warrants shall be have the same terms as the warrants issued to investors in a customary form reasonably acceptable to Wainwright, the applicable Offering, except that such Wainwright Warrants shall have a term of five (5) years and an exercise price equal to 125% of the Offering Price. View More
Warrant Coverage. The Company shall issue to Wainwright or its designees at each the Closing, warrants (the "Wainwright Warrants") to purchase that number of shares of common stock of the Company equal to 6.0% 7.0% of the aggregate number of shares of common stock (or common stock equivalent, if applicable) placed in each the Offering (and if an the Offering includes a "greenshoe" or "additional investment" option component, such number of shares of common stock underlying such additional option "greenshoe" or "a...dditional investment" component, with the Wainwright Warrants issuable upon the exercise of such option). component). If the Securities included in an the Offering are 430 Park Avenue | New York, New York 10022 | 212.356.0500 | www.hcwco.com Member: FINRA/SIPC convertible, the Wainwright Warrants shall be determined by dividing the gross proceeds raised in such the Offering divided by the Offering Price (as defined hereunder). The Wainwright Warrants shall be in a customary form reasonably acceptable to Wainwright, have a term of five (5) years and an exercise price equal to 125% of the offering price per share (or unit, if applicable) in the Offering and if such offering price is not available, the market price of the common stock on the date the Offering is commenced (such price, the "Offering Price"). If warrants are issued to investors in an Offering, the Wainwright Warrants shall have the same terms as the warrants issued to investors in the applicable Offering, except that such Wainwright Warrants shall have an exercise price equal to 125% of the offering price per share (or unit, if applicable) in the applicable Offering and if such offering price is not available, the market price of the common stock on the date an Offering is commenced (such price, the "Offering Price"). If no warrants are issued to investors in an Offering, the Wainwright Warrants shall be in a customary form reasonably acceptable to Wainwright, have a term of five (5) years and an exercise price equal to 125% of the Offering Price. View More
Warrant Coverage. The Company shall issue to Wainwright or its designees at each Closing, warrants (the "Wainwright Warrants") to purchase that number of shares of common stock of the Company equal to 6.0% 3.0% of the aggregate number of shares of common stock placed in each Offering (and if an Offering includes a "greenshoe" or "additional investment" option component, such number of shares of common stock 430 Park Avenue | New York, New York 10022 | 212.356.0500 | www.hcwco.com Member: FINRA/SIPC C:\Users\axt20...\Desktop\Exhibit 10.2 - EL.doc underlying such additional option component, with the Wainwright Warrants issuable upon the exercise of such option). If the Securities included in an Offering are 430 Park Avenue | New York, New York 10022 | 212.356.0500 | www.hcwco.com Member: FINRA/SIPC convertible, the Wainwright Warrants shall be determined by dividing the gross proceeds raised in such Offering divided by the Offering Price (as defined hereunder). The Wainwright Warrants shall have the same terms as the warrants issued to investors in the applicable Offering, except that such Wainwright Warrants shall have an exercise price equal to 125% of the offering price per share (or unit, if applicable) in the applicable Offering and if such offering price is not available, the market price of the common stock on the date an Offering is commenced (such price, the "Offering Price"). If no warrants are issued to investors in an Offering, the Wainwright Warrants shall be in a customary form reasonably acceptable to Wainwright, have a term of five (5) years 18 months and an exercise price equal to 125% of the Offering Price. View More
Warrant Coverage. The Company shall issue to Wainwright or its designees at each Closing, warrants (the "Wainwright Warrants") to purchase that number of shares of common stock of the Company equal to 6.0% of the aggregate number of shares of common stock (or common stock equivalent, if applicable) placed in each Offering (and if an Offering includes a "greenshoe" or "additional investment" option component, such number of shares of common stock underlying such additional option "greenshoe" or "additional investm...ent" component, with the Wainwright Warrants issuable only upon the exercise of such option). component). If the Securities included in an Offering are 430 Park Avenue | New York, New York 10022 | 212.356.0500 | www.hcwco.com Member: FINRA/SIPC convertible, the Wainwright Warrants shall be determined by dividing the gross proceeds raised in such Offering divided by the Offering Price (as defined hereunder). The Wainwright Warrants shall be in a customary form reasonably acceptable to Wainwright, have the same terms as the warrants issued to investors in the applicable Offering, except that such Wainwright Warrants shall have a term of five (5) years and an exercise price equal to 125% of the offering price per share (or unit, if applicable) in the applicable Offering and if such offering price is not available, the market price of the common stock on the date an Offering is commenced (such price, the "Offering Price"). If no warrants are issued to investors in an Offering, the Wainwright Warrants shall be have the same terms as the warrants issued to investors in a customary form reasonably acceptable to Wainwright, the applicable Offering, except that such Wainwright Warrants shall have a term of five (5) years and an exercise price equal to 125% of the Offering Price. View More
Warrant Coverage. The Company shall issue to Wainwright or its designees at each Closing, warrants (the "Wainwright Warrants") to purchase that number of shares of common stock of the Company equal to 6.0% 7.0% of the aggregate number of shares of common stock (or common stock equivalent, if applicable) placed in each Offering (and if an Offering includes a "greenshoe" or "additional investment" option component, such number of shares of common stock underlying such additional option "greenshoe" or "additional in...vestment" component, with the Wainwright Warrants issuable upon the exercise of such option). component). If the Securities included in an Offering are 430 Park Avenue | New York, New York 10022 | 212.356.0500 | www.hcwco.com Member: FINRA/SIPC convertible, the Wainwright Warrants shall be determined by dividing the gross proceeds raised in such Offering divided by the Offering Price (as defined hereunder). The Wainwright Warrants shall be in a customary form reasonably acceptable to Wainwright, have the same terms as the warrants issued to investors in the applicable Offering, except that such Wainwright Warrants shall have a term of five (5) years and an exercise price equal to 125% of the offering price per share (or unit, if applicable) in the applicable Offering and if such offering price is not available, the market price of the common stock on the date an Offering is commenced (such price, the "Offering Price"). If no warrants are issued to investors in an Offering, the Wainwright Warrants shall be have the same terms as the warrants issued to investors in a customary form reasonably acceptable to Wainwright, the applicable Offering, except that such Wainwright Warrants shall have a term of five (5) years and an exercise price equal to 125% of the Offering Price. View More
Warrant Coverage. The Company shall issue to Wainwright or its designees at each Closing, warrants (the "Wainwright Warrants") to purchase that number of shares of common stock of the Company equal to 6.0% 7% of the aggregate number of shares of common stock (or common stock equivalent, if applicable) placed in each Offering (and if an Offering includes a "greenshoe" or "additional investment" option component, such number of shares of common stock underlying such additional option "greenshoe" or "additional inve...stment" component, with the Wainwright Warrants issuable upon the exercise of such option). component). If the Securities included in an Offering are 430 Park Avenue | New York, New York 10022 | 212.356.0500 | www.hcwco.com Member: FINRA/SIPC convertible, the Wainwright Warrants shall be determined by dividing the gross proceeds raised in such Offering divided by the Offering Price (as defined hereunder). The Wainwright Warrants shall be in a customary form reasonably acceptable to Wainwright, have the same terms as the warrants issued to investors in the applicable Offering, except that such Wainwright Warrants shall have a term of five (5) years and an exercise price equal to 125% of the offering price per share (or unit, if applicable) in the applicable Offering and if such offering price is not available, the market price of the common stock on the date an Offering is commenced (such price, the "Offering Price"). If no warrants are issued to investors in an Offering, the Wainwright Warrants shall be have the same terms as the warrants issued to investors in a customary form reasonably acceptable to Wainwright, the applicable Offering, except that such Wainwright Warrants shall have a term of five (5) years and an exercise price equal to 125% of the Offering Price. View More