Common use of Number of Warrants Clause in Contracts

Number of Warrants. The Holder is the owner of a number of warrants equal to the aggregate principal amount of the 6% Senior Subordinated Notes the Holder has purchased pursuant to the terms of the Unit Purchase Agreement (as hereinafter defined) divided by the Exercise Price.

Appears in 2 contracts

Samples: 21st Century Holding Co, 21st Century Holding Co

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Number of Warrants. The Holder is the owner of a number of warrants equal to two times the quotient of the aggregate principal amount of the 6% Senior Subordinated Notes the Holder has purchased pursuant to the terms of the Unit Purchase Agreement (as hereinafter defined) divided by and the Exercise Price.

Appears in 2 contracts

Samples: 21st Century Holding Co, 21st Century Holding Co

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