SHARE WARRANTS Sample Clauses
A Share Warrants clause defines the terms under which a company may issue warrants that entitle the holder to purchase shares at a specified price within a certain timeframe. This clause typically outlines the conditions for exercising the warrants, the number and class of shares involved, and any adjustments for corporate actions such as stock splits or dividends. Its core practical function is to provide a mechanism for raising capital or incentivizing stakeholders, while clearly setting out the rights and obligations associated with the warrants to prevent future disputes.
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SHARE WARRANTS a) The lender shall be granted cashless warrants to buy the same number of shares as those converted, on the January 20, 2012 agreement and this agreement, at an exercise price of $0.25 per share.
b) If the Company shall at any time after the date hereof subdivide its outstanding shares of Common Stock by recapitalization, reclassification or split-up thereof, or if the Company shall declare a stock dividend or distribute shares of its Common Stock to its shareholders, the number of shares of Common Stock subject to this warrant immediately prior to such subdivision shall be proportionately increased, and if the Company shall at any time after the date hereof combine the outstanding shares of Common Stock by recapitalization, reclassification or combination thereof, the number of shares of Common Stock subject to this warrant immediately prior to such combination shall be proportionately decreased.
SHARE WARRANTS. 4.1 Qunar shall undertake to issue share warrants (the “Warrants”) on the Effective Date with terms and conditions as set forth in this Clause. (a) Exercise Period The Warrants are exercisable in accordance with the following schedule: 25% (subject to adjustment pursuant to Clause 4.1(c)(ii)) will become exercisable at any time after January 15, 2015 until December 31, 2019 (the “Expiry Date”); 35% (subject to adjustment pursuant to Clause 4.1(c)(ii)) will become exercisable at any time after January 15, 2016 until the Expiry Date; 40% (subject to adjustment pursuant to Clause 4.1(c)(ii)) will become exercisable at any time after January 15, 2017 until the Expiry Date. In respect of each batch of Warrants exercisable pursuant to the above schedule, the period between the date on which it becomes exercisable and the Expiry Date is referred to hereinafter as the “Exercise Period”.
SHARE WARRANTS. The Company, with respect to fully paid-up shares, may issue warrants stating that the bearer is entitled to the shares therein specified and may provide, by coupons or otherwise, for the payment of future dividends on the shares included in such warrants.
SHARE WARRANTS. Subject to the provisions of the Statutes, the Directors may issue share warrants, stating that the bearer is entitled to the shares therein specified, in respect of any fully paid shares and all shares while represented by warrants shall be transferable by delivery of the warrants relating thereto. The Directors may determine and from time to time vary the conditions upon which share warrants may be issued. The Directors shall not issue a new share warrant to replace one that has been lost unless they are satisfied beyond reasonable doubt that the original has been destroyed. GENERAL MEETINGS
SHARE WARRANTS. 13.1 The Company, with respect to fully paid shares, may issue share warrants to bearer under the seal of the Company or in any other manner authorised by the Board.
13.2 A share warrant shall state that the bearer is entitled to the shares therein specified, and may provide by coupons or otherwise for the payment of future dividends or other moneys on or in respect of the shares included in such share warrant.
13.3 A share warrant shall entitle the bearer thereof to the shares included in it, and the shares may be transferred by the delivery of the share warrant, and the provisions of these Articles with respect to share certificates, liens, calls on shares and forfeiture and surrender, disclosure of interest, transfer of shares and transmission of shares shall not apply in relation to share warrants or the holders thereof.
13.4 The Board shall be at liberty to accept a certificate (in such form and from such person as the Board may approve) to the effect that a specified person is shown in the records of the person issuing such certificate as being entitled to the shares comprised in a specified share warrant as sufficient evidence of the facts stated in such certificate, and may treat the deposit of such certificate at the Office (or any other place specified from time to time by the Board) as equivalent to the deposit there of the share warrant, and may (inter alia) allot to the person named in such certificate any shares to which the bearer of the share warrant referred to in such certificate may be entitled and the rights of the allottee to the allotment shall not, after allotment, be questioned by any person.
13.5 The Board may determine and from time to time vary the conditions upon which share warrants shall be issued, and in particular (but without limitation) upon which a new share warrant or coupon will be issued in the place of one worn out, defaced, lost, stolen or destroyed (provided that no new share warrant may be issued to replace one that has been lost or destroyed unless the Board are satisfied beyond reasonable doubt that the original share warrant has been lost, stolen or destroyed), upon which (subject as hereinafter provided) the bearer of a share warrant shall be entitled to attend and vote at general meetings, and upon which a share warrant may be surrendered and the name of the holder entered in the register of members in respect of the shares therein specified. Subject to such conditions and to these Articles, the bearer of a sh...
SHARE WARRANTS. 30.1 The company may issue, with respect to any fully paid share, a warrant stating that the bearer of the warrant is entitled to the shares specified in it.
30.2 A share warrant shall be issued in such form and on such conditions as the directors may decide, and the directors may make provision for the payment of future dividends (by coupons or otherwise) on the shares included in the warrant.
SHARE WARRANTS. 13.1 In accordance with Law, the Company shall not issue share warrants to bearer.
SHARE WARRANTS. The Company may issue Share warrants as per the provisions of the Act. CAPITALIZATION OF PROFITS
SHARE WARRANTS. With respect to the share warrants outstanding on the date hereof (the “Share Warrants”) and granted pursuant to the share-based compensation plans of the Company and its subsidiaries (the “Company Share Plans”), (i) each Share Warrant intended to qualify as an “incentive stock option” under Section 422 of the Internal Revenue Code of 1986, as amended (the “Code”) so qualifies, as applicable, (ii) each grant of a Share Warrant was duly authorized no later than the date on which the grant of such Share Warrant was by its terms to be effective (the “Grant Date”) by all necessary corporate action, including, as applicable, approval by the board of directors of the Company (or a duly constituted and authorized committee thereof) and any required shareholder approval by the necessary number of votes or written consents, and the award agreement governing such grant (if any) was duly executed and delivered by each party thereto, (iii) each such grant was made in all material respects in accordance with the terms of the Company Share Plans and all applicable laws and regulatory rules or requirements, and (iv) each such grant was properly accounted for in accordance with IFRS as issued by the IASB in the financial statements (including the related notes) of the Company. There is no and has been no policy or practice of the Company of granting Share Warrants prior to, or otherwise coordinating the grant of Share Warrants with, the release or other public announcement of material information regarding the Company or its subsidiaries or their results of operations or prospects.
SHARE WARRANTS a) The lender shall be granted cashless warrants to buy the same number of shares as those converted, on the January 20, 2012 agreement and this agreement, at an exercise price of $0.15 per share (subject to adjustment for stock splits, stock dividends, recapitalizations and similar transactions).
