Common use of Sale of Warrants Clause in Contracts

Sale of Warrants. In any merger, consolidation, reorganization, repurchase or reclassification or similar transaction, in which holders of Capital Stock of the Issuer sell or otherwise Transfer Capital Stock of the Issuer held by them, the Issuer will cause the transaction to be structured to permit the Holders to deliver Warrants in connection with any such transaction without requirement for exercise thereof as a condition to participation and for consideration not less than the consideration such Holders would have received had such Holders exercised their Warrants immediately prior thereto, less any applicable Exercise Price.

Appears in 4 contracts

Samples: Intercreditor Agreement (NextWave Wireless Inc.), Warrant Agreement (NextWave Wireless Inc.), Warrant Agreement (Avenue Capital Management II, L.P.)

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Sale of Warrants. In any merger, consolidation, reorganization, repurchase or reclassification or similar transaction, in which holders of Share Capital Stock of the Issuer sell or otherwise Transfer Share Capital Stock of the Issuer held by them, the Issuer will cause the transaction to be structured to permit the Holders to deliver Warrants in connection with any such transaction without requirement for exercise thereof as a condition to participation and for consideration not less than the consideration such Holders would have received had such Holders exercised their Warrants immediately prior thereto, less any applicable Exercise Price.

Appears in 2 contracts

Samples: Form of Warrant Agreement (Gsi Group Inc), Warrant Agreement (Gsi Group Inc)

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Sale of Warrants. In any merger, consolidation, reorganization, repurchase or reclassification or similar transaction, in which holders of Capital Stock of the Issuer sell or otherwise Transfer Capital Stock of the Issuer held by them, the Issuer will cause the transaction to be structured to permit the Holders to deliver Warrants in connection with any such transaction without requirement for exercise thereof as a condition to participation and for consideration not less than the SF1:761466 20 consideration such Holders would have received had such Holders exercised their Warrants immediately prior thereto, less any applicable Exercise Price.

Appears in 1 contract

Samples: Warrant Agreement (NextWave Wireless Inc.)

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