Warrant Coverage Clause Example with 11 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 Rodman or its designees at each Closing, warrants (the "Rodman Warrants") to purchase that number of shares of common stock of the Company equal to 7% of the aggregate number of shares of Common Stock placed in each Offering (if the Securities are convertible or include a "greenshoe" or "additional investment" option component, such shares of Common Stock underlying such Securities or options shall not be included). If the 430 Park Avenue | New York, New York 10022 | 2...12.356.0500 Security services provided by H.C. Wainwright & Co., LLC | Member: FINRA/SIPC Securities included in an Offering are non-convertible, the Rodman Warrants shall be determined by dividing the gross proceeds raised in such Offering divided by the then market price of the Common Stock. The Rodman Warrants shall have the same terms as the warrants issued to investors in the applicable Offering, except that the Rodman Warrants shall have a term of five years, and an exercise price equal to 125% of the per share offering price and shall not have any provisions requiring registration of the underlying shares. If no warrants are issued to investors in an Offering, the Rodman Warrants shall be in a customary form reasonably acceptable to Rodman and the Company, have a term of 5 years and an exercise price equal to 125% of the then market price of the Common Stock.View More
Variations of a "Warrant Coverage" Clause from Business Contracts
Warrant Coverage. The Company shall issue to Rodman or its designees at each Closing, warrants (the "Rodman Warrants") to purchase that number of shares of common stock of the Company equal to 7% 5% of the aggregate number of shares of Common Stock placed in each Offering (if the Securities are convertible or include a "greenshoe" or "additional investment" option component, such shares of Common Stock underlying such Securities or options shall not be included). options). If the 430 Park Avenue | New York, New Y...ork 10022 | 212.356.0500 Security services provided by H.C. Wainwright & Co., LLC | Member: FINRA/SIPC Securities included in an Offering are non-convertible, the Rodman Warrants shall be determined by dividing the gross proceeds raised in such Offering divided by the then market price of the Common Stock. The Rodman Warrants shall have the same terms as the warrants issued to investors in the applicable Offering, except that the Rodman Warrants shall have a term of five years, and an exercise price equal to 125% of the per share offering price and shall not have any provisions requiring registration of the underlying shares. Offering. If no warrants are issued to investors in an Offering, the Rodman Warrants shall be in a customary form reasonably acceptable to Rodman and the Company, Rodman, have a term of 5 years and an exercise price equal to 125% 110% of the then market price of the Common Stock. 430 Park Avenue | New York, New York 10022 | 212.356.0500 Security services provided by H.C. Wainwright & Co., LLC | Member: FINRA/SIPC 3. Expense Allowance. Out of the proceeds of each Closing, the Company also agrees to pay Rodman (a) up to $10,000 for out of pocket expenses incurred by Rodman in connection with marketing the transaction (i.e., road show expenses, background checks, tombstones, etc.) and (b) up to $50,000 for legal fees and expenses of Rodman (provided, however, that such reimbursement amount in no way limits or impairs the indemnification and contribution provisions of this Agreement). View More
Warrant Coverage. The Company shall issue to Rodman or its designees at each Closing, warrants (the "Rodman Warrants") to purchase that number of shares of common stock of the Company equal to 7% 5% of the aggregate number of shares of Common Stock placed in each Offering (if (and if the Securities are convertible or include a "greenshoe" or "additional investment" option component, such number of shares of Common Stock underlying such Securities or options shall not be included). options, with the warrant issuab...le upon conversion of the Securities or the exercise of the option). If the 430 Park Avenue | New York, New York 10022 | 212.356.0500 Security services provided by H.C. Wainwright & Co., LLC | Member: FINRA/SIPC Securities included in an Offering are non-convertible, the Rodman Warrants shall be determined by dividing the gross proceeds raised in such Offering divided by the then market price of the Common Stock. The Rodman Warrants shall have the same terms as the warrants issued to investors in the applicable Offering, except that the such Rodman Warrants Warrant shall have a term of five years, and an exercise price equal to 125% of the public offering price per share offering price and shall not have any provisions requiring registration of in the underlying shares. applicable Offering. If no warrants are issued to investors in an Offering, the Rodman Warrants shall be in a customary form reasonably acceptable to Rodman and the Company, Rodman, have a term of 5 years and an exercise price equal to 125% of the then market price of the Common Stock. 1 3. Expense Allowance. Out of the proceeds of each Closing, the Company also agrees to pay Rodman (a) up to $5,000 for out-of-pocket expenses; plus (b) up to $25,000 for non-accountable expenses; plus the additional reimbursable amount payable by the Company pursuant to Section D.3 below; provided, however, that such reimbursement amount in no way limits or impairs the indemnification and contribution provisions of this Agreement. View More
Warrant Coverage. The Company shall issue to Rodman or its designees at each Closing, warrants (the "Rodman Warrants") to purchase that number of shares of common stock of the Company equal to 7% 5% of the aggregate number of shares of Common Stock placed in each Offering (if the Securities are convertible or include a "greenshoe" or "additional investment" option component, such shares of Common Stock underlying such Securities or options shall not be included). Offering. If the 430 Park Avenue | New York, New Y...ork 10022 | 212.356.0500 Security services provided by H.C. Wainwright & Co., LLC | Member: FINRA/SIPC Securities included in an Offering are non-convertible, the Rodman Warrants shall be determined by dividing the gross proceeds raised in such Offering divided by the then market price of the Common Stock. The Rodman Warrants shall have the same terms as the warrants issued to investors in the applicable Offering, except that the Rodman Warrants shall have a term of five years, and an exercise price equal to 125% of the per share offering price and shall not have any provisions requiring registration of the underlying shares. If no warrants are issued to investors in an Offering, the Rodman Warrants shall be in a customary form reasonably acceptable to Rodman and the Company, have a term of 5 years and an exercise price equal to 125% of the then market price of the Common Stock. 430 Park Avenue | New York, New York 10022 | 212.356.0500 Security services provided by H.C. Wainwright & Co., LLC | Member: FINRA/SIPC 3. Expense Allowance. Out of the proceeds of each Closing, the Company also agrees to pay Rodman (a) a management fee equal to 1.0% of the gross proceeds raised in each Offering, (b) $20,000 for expenses of Rodman in connection with confidentially marketing the transaction (i.e., background checks, tombstones, etc.) and (b) $50,000 for legal fees and expenses of Rodman (provided, however, that such reimbursement amount in no way limits or impairs the indemnification and contribution provisions of this Agreement). View More
Warrant Coverage. The Company shall issue to Rodman or its designees at each Closing, warrants (the "Rodman Warrants") to purchase that number of shares of common stock of the Company equal to 7% 5.0% of the aggregate number of shares of Common Stock placed in each Offering (if the Securities are convertible or include a "greenshoe" or "additional investment" option component, such shares of Common Stock underlying such Securities or options shall not be included). options). If the 430 Park Avenue | New York, New... York 10022 | 212.356.0500 Security services provided by H.C. Wainwright & Co., LLC | Member: FINRA/SIPC Securities included in an Offering are non-convertible, the Rodman Warrants shall be determined by dividing the gross proceeds raised in such Offering divided by the then market price of the Common Stock. The Rodman Warrants shall have the same terms as the warrants issued to investors in the applicable Offering, except that the Rodman Warrants shall have a term of five years, no greater than 5 years and an exercise price equal to 125% of the per share public offering price and shall not have any provisions requiring registration of the underlying shares. an Offering. If no warrants are issued to investors in an Offering, the Rodman Warrants shall be in a customary form reasonably acceptable to Rodman and the Company, Rodman, have a term of 5 years and an exercise price equal to 125% of the then market price of the Common Stock. 430 Park Avenue | New York, New York 10022 | 212.356.0500 Security services provided by H.C. Wainwright & Co., LLC | Member: FINRA/SIPC 3. Expense Allowance. Out of the proceeds of each Closing, the Company also agrees to pay Rodman $50,000 for expenses of Rodman, including legal fees and expenses in connection with marketing the transaction (i.e., road show expenses, background checks, tombstones, etc.) (provided, however, that such reimbursement amount in no way limits or impairs the indemnification and contribution provisions of this Agreement). View More
Warrant Coverage. The Company shall issue to Rodman or its designees at each Closing, warrants (the "Rodman Warrants") to purchase that number of shares of common stock of the Company equal to 7% 2.0 % of the aggregate number of shares of Common Stock placed in each Offering, excluding any shares of Common Stock issuable upon exercise of any warrants placed in each Offering (if the Securities are convertible or include a "greenshoe" or "additional investment" option component, such shares of Common Stock underlyi...ng such Securities or options shall not be included). are excluded). If the 430 Park Avenue | New York, New York 10022 | 212.356.0500 Security services provided by H.C. Wainwright & Co., LLC | Member: FINRA/SIPC Securities included in an Offering are non-convertible, the Rodman Warrants shall be determined by dividing the gross proceeds raised in such Offering divided by the then market price of the Common Stock. The Rodman Warrants shall have the same terms as the warrants issued to investors in the applicable Offering, except that the Rodman Warrants shall have a term of five years, and an exercise price equal to 125% of the per share offering price and shall not have any provisions requiring registration of the underlying shares. Offering. If no warrants are issued to investors in an Offering, the Rodman Warrants shall be in a customary form reasonably acceptable to Rodman and the Company, Rodman, have a term of 5 years and an exercise price equal to 125% 110% of the then market price of the Common Stock. 430 Park Avenue | New York, New York 10022 | 212.356.0500 Security services provided by H.C. Wainwright & Co., LLC | Member: FINRA/SIPC 3. Expense Allowance. Out of the proceeds of each Closing, the Company also agrees to pay Rodman a non-accountable expense allowance of $50,000 (provided, however, that such reimbursement amount in no way limits or impairs the indemnification and contribution provisions of this Agreement). View More
Warrant Coverage. The Company shall issue to Rodman or its designees at each Closing, warrants (the "Rodman Warrants") to purchase that number of shares of common stock of the Company equal to 7% 5% of the aggregate number of shares of Common Stock placed by Rodman in each Offering (if the Securities are convertible or include Offering includes a "greenshoe" or "additional investment" option component, such shares of Common Stock underlying such Securities or options shall not be included). If the 430 Park Avenue... | New York, New York 10022 | 212.356.0500 Security services provided by H.C. Wainwright & Co., LLC | Member: FINRA/SIPC Securities included in an Offering are non-convertible, the Rodman Warrants shall be determined by dividing the gross proceeds raised in such Offering divided by the then market price of the Common Stock. The Rodman Warrants shall have the same terms as the warrants issued to investors in the applicable Offering, except that the Rodman Warrants shall have a term of five years, and an exercise price equal to 125% of the per share offering price equivalent in the Offering and shall not have any provisions requiring relating to registration of the shares underlying shares. the Rodman Warrants. If no warrants are issued to investors in an Offering, the Rodman Warrants shall be in a customary form reasonably acceptable to Rodman and the Company, have a term of 5 years and an exercise price equal to 125% of the then market price of per share equivalent in the Common Stock. Offering. View More
Warrant Coverage. The Company shall issue to Rodman Rodman, or its designees at each Closing, unregistered warrants (the "Rodman Warrants") to purchase that number of shares of common stock of the Company equal to 7% 6% of the aggregate number of shares of Common Stock placed by Rodman in each Offering (if the Securities are convertible or include Offering includes a "greenshoe" or "additional investment" option component, such shares of Common Stock underlying such Securities or options shall not be included). I...f the 430 Park Avenue | New York, New York 10022 | 212.356.0500 Security services provided by H.C. Wainwright & Co., LLC | Member: FINRA/SIPC Securities included in an Offering are non-convertible, the Rodman Warrants shall be determined by dividing the gross proceeds raised in such Offering divided by the then market price of the Common Stock. The Rodman Warrants shall have the same terms as the warrants issued to investors in the applicable Offering, except that the Rodman Warrants shall have a term of five years, and an exercise price equal to 125% of the per share offering price and Offering price. The Rodman Warrants shall not have any provisions requiring registration of the shares underlying shares. the Rodman Warrants. If no warrants are issued to investors in an Offering, the Rodman Warrants shall be in a customary form reasonably acceptable to Rodman and the Company, have a term of 5 years and an exercise price equal to 125% of the then market price of the Common Stock. per share Offering price. View More
Warrant Coverage. The Company shall issue to Rodman or its designees at each Closing, warrants (the "Rodman Warrants") to purchase that number of shares of common stock of the Company equal to 7% 5% of the aggregate number of shares of Common Stock placed in each Offering (if (and if the Securities are convertible or include a "greenshoe" or "additional investment" option component, such number of shares of Common Stock underlying such Securities or options shall not be included). options, with the warrant issuab...le upon conversion of the Securities or the exercise of the option). If the 430 Park Avenue | New York, New York 10022 | 212.356.0500 Security services provided by H.C. Wainwright & Co., LLC | Member: FINRA/SIPC Securities included in an Offering are non-convertible, the Rodman Warrants shall be determined by dividing the gross proceeds raised in such Offering divided by the then market price of the Common Stock. The Rodman Warrants shall have the same terms as the warrants issued to investors in the applicable Offering, except that the such Rodman Warrants Warrant shall have a term of five years, and an exercise price equal to 125% of the public offering price per share offering price and shall not have any provisions requiring registration of in the underlying shares. applicable Offering. If no warrants are issued to investors in an Offering, the Rodman Warrants shall be in a customary form reasonably acceptable to Rodman and the Company, Rodman, have a term of 5 years and an exercise price equal to 125% of the then market price of the Common Stock. View More
Warrant Coverage. The Company shall issue to Rodman or its designees at each Closing, warrants (the "Rodman Warrants") to purchase that number of shares of common stock of the Company equal to 7% 5% of the aggregate number of shares of Common Stock placed in each the Offering (if the Securities are convertible or include a "greenshoe" or "additional investment" option component, such shares of Common Stock underlying such Securities or options shall not be included). options). If the 430 Park Avenue | New York, N...ew York 10022 | 212.356.0500 Security services provided by H.C. Wainwright & Co., LLC | Member: FINRA/SIPC Securities included in an Offering are non-convertible, the Rodman Warrants shall be determined by dividing the gross proceeds raised in such Offering divided by the then market price of the Common Stock. The Rodman Warrants shall have the same terms as the warrants issued to investors in the applicable Offering, except that the Rodman Warrants shall have a term of five years, and an exercise price equal to 125% of the per share offering price and shall not have any provisions requiring registration of the underlying shares. Offering. If no warrants are issued to investors in an Offering, the Rodman Warrants shall be in a customary form reasonably acceptable to Rodman and the Company, Rodman, have a term of 5 years and an exercise price equal to 125% 110% of the then market price of the Common Stock. View More
Warrant Coverage. The Company shall issue to Rodman or its designees at each Closing, warrants (the "Rodman Warrants") to purchase that number of shares of common stock of the Company equal to 7% 5% of the aggregate number of shares of Common Stock placed in each Offering (if the Securities are convertible or include a "greenshoe" or "additional investment" option component, such shares of Common Stock underlying such Securities or options shall not be included). options). If the 430 Park Avenue | New York, New Y...ork 10022 | 212.356.0500 Security services provided by H.C. Wainwright & Co., LLC | Member: FINRA/SIPC Securities included in an Offering are non-convertible, the Rodman Warrants shall be determined by dividing the gross proceeds raised in such Offering divided by the then market price of the Common Stock. The Rodman Warrants shall have the same terms as the warrants issued to investors in the applicable Offering, except that the Rodman Warrants shall have a term of five years, and an exercise price equal to 125% of the per share offering price and shall not have any provisions requiring registration of the underlying shares. Offering. If no warrants are issued to investors in an Offering, the Rodman Warrants shall be in a customary form reasonably acceptable to Rodman and the Company, Rodman, have a term of 5 years and an exercise price equal to 125% 110% of the then market price of the Common Stock. View More
