Cost Basis Information. (a) In the event of a Full Share Settlement, the Company shall instruct the Warrant Agent to record cost basis for newly issued Warrant Shares issued pursuant to a Full Share Settlement in a manner reasonably determined by the Company to be subsequently communicated by the Company to the Warrant Agent. (b) In the event of a Net Share Settlement, the Company shall provide cost basis for Warrant Shares issued pursuant to a Net Share Settlement at the time the Company confirms the number of Warrant Shares issuable in connection with the Net Share Settlement to the Warrant Agent.
Appears in 7 contracts
Samples: Warrant Agreement (J.Jill, Inc.), Warrant Agreement (J.Jill, Inc.), Warrant Agreement (McDermott International Inc)
