Warrant Transactions means one or more call options referencing the Company’s common stock written by the Company substantially contemporaneously with the purchase by the Company of Convertible Bond Hedge Transactions and having an initial strike or exercise price (howsoever defined) greater than the strike or exercise price (howsoever defined) of such Convertible Bond Hedge Transactions.
Warrant Transactions means one or more call options referencing the Borrower’s common stock written by the Borrower substantially contemporaneously with the purchase by the Borrower of Convertible Bond Hedge Transactions and having an initial strike or exercise price (howsoever defined) greater than the strike or exercise price (howsoever defined) of such Convertible Bond Hedge Transactions.
Warrant Transactions means one or more call options, warrants or rights to purchase (or substantively equivalent derivative transaction) referencing the Borrower’s common stock, which for the avoidance of doubt may be settled by a delivery of shares of the Borrower’s common stock or cash, written by the Borrower or a Restricted Subsidiary substantially contemporaneously with the purchase by the Borrower or such Restricted Subsidiary of Convertible Bond Hedge Transactions and having an initial strike or exercise price (howsoever defined) greater than the strike or exercise price (howsoever defined) of such Convertible Bond Hedge Transactions.
Examples of Warrant Transactions in a sentence
However, the Warrant Transactions could separately have a dilutive effect on the Company's common stock to the extent that the market price per share of the common stock exceeds the strike price of the warrants.
As these transactions meet certain accounting criteria, the Convertible Note Hedges Transactions and Warrant Transactions are recorded in stockholders’ equity and are not accounted for as derivatives.
The Company paid $31.5 million associated with the cost of the Convertible Note Hedge Transactions and received proceeds of $18.1 million related to the Warrant Transactions.
These transactions will not affect any holder’s rights under the Notes, and the holders of the Notes have no rights with respect to the Note Hedge Transactions and Warrant Transactions.
For the avoidance of doubt, the unwinding of Swap Contracts, Permitted Bond Hedge Transactions or Permitted Warrant Transactions shall not be deemed to constitute an Asset Sale.
More Definitions of Warrant Transactions
Warrant Transactions means the transactions evidenced by the Warrant Transaction Documents.
Warrant Transactions means one or more call options referencing Parent’s Capital Stock written by Parent substantially contemporaneously with the purchase by Parent of Convertible Bond Hedge Transactions and having an initial strike or exercise price (howsoever defined) greater than the strike or exercise price (howsoever defined) of such Convertible Bond Hedge Transactions.
Warrant Transactions means one or more call options, warrants or rights to purchase (or substantively equivalent derivative transaction) referencing the Borrower’s common stock, which for the avoidance of doubt may be settled by a delivery of shares of the Borrower’s common stock or cash, issued by the Borrower or a Subsidiary Guarantor substantially contemporaneously with the purchase by the Borrower or such Subsidiary Guarantor of one or more Convertible Bond Hedge Transactions and/or Capped Call Transactions and having an initial strike or exercise price (howsoever defined) greater than the strike or exercise price (howsoever defined) of such Convertible Bond Hedge Transaction(s) and/or Capped Call Transaction(s).
Warrant Transactions means one or more call options, warrants or rights to purchase (or substantively equivalent derivative transaction) referencing the Issuer’s common stock, which for the avoidance of doubt may be settled by a delivery of shares of the Issuer’s common stock or cash, written by the Issuer or a Restricted Subsidiary substantially contemporaneously with the purchase by the Issuer or such Restricted Subsidiary of Convertible Bond Hedge Transactions and having an initial strike or exercise price (howsoever defined) greater than the strike or exercise price (howsoever defined) of such Convertible Bond Hedge Transactions. “Weighted Average Life to Maturity” means, when applied to any Indebtedness, Disqualified Stock or Preferred Stock, as the case may be, at any date, the quotient obtained by dividing: (1) the sum of the products of the number of years from the date of determination to the date of each successive scheduled principal payment of such Indebtedness or redemption or similar payment with respect to such Disqualified Stock or Preferred Stock multiplied by the amount of such payment; by (2) the sum of all such payments. “Wholly Owned Subsidiary” of any Person means a Subsidiary of such Person, 100.0% of the outstanding Equity Interests of which (other than directors’ qualifying shares and shares issued to foreign nationals as required by applicable law) shall at the time be owned by such Person and/or by one or more Wholly Owned Subsidiaries of such Person. SECTION 1.02.
Warrant Transactions means one or more call options referencing the Company’s common stock written by the Company substantially contemporaneously with the purchase by the Company of Convertible Bond Hedge Transactions and having an initial strike or exercise price (howsoever defined) greater than the strike or exercise price (howsoever defined) of such Convertible Bond Hedge Transactions. “Weighted Average Life to Maturity” means, when applied to any Indebtedness at any date, the number of years obtained by dividing: (a) the sum of the products obtained by multiplying (i) the amount of each then remaining installment, sinking fund, serial maturity or other required payments of principal, including payment at final maturity, in respect thereof, by (ii) the number of years (calculated to the nearest one-twelfth) that will elapse between such date and the making of such payment by (b) the then outstanding principal amount of such Indebtedness. “WES” means WEX Europe Services Limited, a private company limited by shares incorporated under the Laws of England and Wales with registered number 08284241. “WES Entity” means WES or any direct or indirect Subsidiary thereof. “XXX Xxxxx Pledge Documents” means each agreement executed and delivered to the Administrative Agent for the benefit of the applicable Secured Parties under Section 6.13(g) pursuant to - 59-
Warrant Transactions means, collectively, the transactions contemplated by each of the warrant transaction confirmation letter agreements (the “Base Warrant Transaction Confirmation Letter Agreements”) to be dated on or following the Amendment No. 1 Effective Date (the date on which such letter agreements are executed, the “Original Warrant Date”) entered into between Holdings and one or more financial institutions, and the transactions contemplated by any additional warrant transaction confirmation letter agreements (together with the Base Warrant Transaction Confirmation Letter Agreements, the “Warrant Transaction Confirmation Letter Agreements”) entered into between Holdings and one or more financial institutions on or before the 30th day immediately following the Original Warrant Date, in each case, substantially in the form provided to the Administrative Agent on or prior to the Amendment No. 1 Effective Date, as such agreements are amended, supplemented or otherwise modified from time to time, provided that no such amendment, supplement or modification that is (x) materially adverse to the Lenders hereunder or (y) that materially increases the cash obligations of Holdings under such agreements shall be permitted.
Warrant Transactions means the transactions evidenced by each of (i) the letter agreement regarding Base Warrants dated June 22, 2011 between the Company and Bank of America, N.A., (ii) the letter agreement regarding Additional Warrants dated June 24, 2011 between the Company and Bank of America, N.A., (iii) the letter agreement regarding Base Warrants dated June 22, 2011 between the Company and Goldman, Sachs & Co., and (iv) the letter agreement regarding Additional Warrants dated June 24, 2011 between the Company and Goldman, Sachs & Co.