Cost Basis Information. (i) In the event of a cash exercise of Warrants, the Company hereby instructs the Warrant Agent to record cost basis for newly issued shares as reasonably determined by the Company prior to processing. (ii) In the event of a Cashless Conversion of Warrants, the Company shall provide the cost basis for shares issued pursuant to such Cashless Conversion at the time the Company confirms the number of Warrant Shares issuable in connection with such Cashless Conversion to the Warrant Agent pursuant to Section 5(d) hereof.
Appears in 7 contracts
Samples: Creditor Warrant Agreement (PHI Group, Inc./De), Creditor Warrant Agreement (PHI Group, Inc./De), Warrant Agreement (Tidewater Inc)
Cost Basis Information. (i) In the event of a cash exercise of Warrants, the Company hereby instructs the Warrant Agent to record cost basis for newly issued shares Warrant Shares as reasonably determined by the Company prior to processing.
(ii) In the event of a Cashless Conversion of Warrants, the Company shall provide the cost basis for shares Warrant Shares issued pursuant to such Cashless Conversion at the time the Company confirms the number of Warrant Shares issuable in connection with such Cashless Conversion to the Warrant Agent pursuant to Section 5(d) 5 hereof.
Appears in 2 contracts
Samples: Warrant Agreement (Hornbeck Offshore Services Inc /La), Creditor Warrant Agreement (Hornbeck Offshore Services Inc /La)
Cost Basis Information. (i) In the event of a cash exercise of Warrants, the Company hereby instructs the Warrant Agent to record cost basis for newly issued shares as reasonably determined by the Company prior to processing.
(ii) In the event of a Cashless Conversion Exercise of Warrants, the Company shall provide the cost basis for shares issued pursuant to such Cashless Conversion Exercise at the time the Company confirms the number of Warrant Shares issuable in connection with such Cashless Conversion Exercise to the Warrant Agent pursuant to Section 5(d5(e) hereof.
Appears in 2 contracts
Samples: Equity Warrant Agreement, Existing Equity Warrant Agreement (Tidewater Inc)
Cost Basis Information. (i) In the event of a cash exercise of Warrants, the Company hereby instructs the Warrant Agent to record cost basis for newly issued shares as reasonably determined by the Company prior to processing.
(ii) In the event of a Cashless Conversion of Warrants, the Company shall provide the cost basis for shares issued pursuant to such Cashless Conversion at the time the Company confirms the number of Warrant Shares issuable in connection with such Cashless Conversion to the Warrant Agent pursuant to Section 5(d) 5 hereof.
Appears in 1 contract
Samples: Warrant Agreement
