Adjustment Warrants definition

Adjustment Warrants means warrants to purchase shares of Common Stock issuable pursuant to Section 3 hereof, such warrants having the terms and conditions set forth in the form of Adjustment Warrant attached to the Amendment Agreement as Annex I.
Adjustment Warrants means any additional warrants issued or issuable to the Purchasers pursuant to Section 2.3 of the Purchase Agreement.
Adjustment Warrants means additional Warrants for a number of additional Warrant Shares equal to the sum of (a) twenty-five percent (25%) of the number of Underlying Shares of the Adjustment Series A Shares, rounded to the nearest whole number of shares (with 0.5 shares rounded up to 1 share), and (b) a number of shares, rounded to the nearest whole number of shares (with 0.5 shares rounded up to 1 share), equal to the number derived in clause (a) above, multiplied by the result of (x) the Market Price minus the Effective Price Per Common Share, divided by (y) the Market Price.

Examples of Adjustment Warrants in a sentence

  • For the avoidance of doubt, the Adjustment Period with respect to an Adjustment Warrant issued in connection with the exercise of an Optional Warrant shall be the same period in time as the Adjustment Period with respect to the Adjustment Warrants issued in connection with the sale of the Initial Shares, even if the Adjustment Period has ended prior to the exercise of such Optional Warrant.

  • To exercise the right of repurchase under Section 7.1(a), the Company shall deliver a notice of repurchase (a "Company Repurchase Notice") to each Buyer from which the Company desires to repurchase Common Shares, Adjustment Warrants, or both.

  • Only whole Common Shares and portions of Adjustment Warrants to purchase whole Common Shares may be repurchased.

  • The Company shall issue and deliver to each Buyer the Adjustment Warrants not later than 4:00 p.m., Pacific Time, on or before the third Business Day following the May Adjustment Date and each Adjustment Date, or as otherwise agreed to by the parties hereto.

  • If a Buyer intends to assign all or any portion of its rights to acquire any Adjustment Warrants in accordance with Section 10(h) hereof, then such Buyer shall so notify the Company not less than ten days before the May Adjustment Date or any Adjustment Date.

  • Prior to any repurchase date, whether or not a Company Repurchase Notice has been given, the Buyers may sell or transfer any of their Common Shares and Adjustment Warrants.

  • Each Buyer understands that the Company's obligation to issue the Adjustment Warrants to such Buyer in accordance with this Agreement is conditioned upon the accuracy in all material respects on the May Adjustment Date or the particular Adjustment Date, as applicable, of the representations and warranties of the Buyer contained in (i) Sections 4(a), (b), (c), (d), (f) and (g) of this Agreement and (ii) Sections 3(a), (b), (c), (d) and (f) of the Amendment Agreement, in each case as if made on such date.

  • Delivery of the Adjustment Warrants shall be made at a location mutually agreed to by the parties hereto.

  • The approval in-principle is not to be taken as an indication of the merits of the Proposed Rights Issue, the Rights Shares, the Nil-paid Rights, the Proposed Adjustment Warrants Issue, the Shares, the Company and/or its subsidiaries Form and Subscription Rights: The Adjustment Warrants will be constituted by the Warrants Conditions.

  • The Buyer understands that no United States federal or state agency or any other government or governmental agency has passed on or made any recommendation or endorsement of the Adjustment Warrants.


More Definitions of Adjustment Warrants

Adjustment Warrants means, as to each Investor, a warrant to purchase Common Shares in the form attached hereto as Exhibit A.
Adjustment Warrants means the non-transferable common share purchase warrants of the Purchaser entitling the holder thereof to acquire one Purchaser Share at an exercise price of $0.625 for a period of one year from the Closing Date.

Related to Adjustment Warrants

  • Parent Warrants has the meaning set forth in Section 5.3(a).

  • Adjustment Shares shall have the meaning set forth in Section 11(a)(ii) hereof.

  • Placement Warrants shall have the meaning given in the Recitals hereto.

  • Current Warrant Price means, in respect of a share of Common Stock at any date herein specified, the price at which a share of Common Stock may be purchased pursuant to this Warrant on such date. Unless and until the Current Warrant Price is adjusted pursuant to the terms herein, the initial Current Warrant Price shall be $2.36 per share of Common Stock.

  • Parent Warrant means each Parent Private Warrant and Parent Public Warrant.

  • SPAC Warrants means SPAC Private Warrants and SPAC Public Warrants, collectively.

  • Private Placement Warrants shall have the meaning given in the Recitals hereto.

  • Initial Warrants means the warrant to purchase shares of common stock of the Issuer issued pursuant to the Initial Warrants Purchase Agreement.

  • Option Warrants shall have the meaning ascribed to such term in Section 2.2(a).

  • Series B Warrants means, collectively, the Series B Common Stock purchase warrants delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof and the other Series B Warrants contemplated under Section 2.1 to be issued concurrently at the Closing, which Series B Warrants shall be exercisable beginning immediately and have a term of exercise equal to five (5) years, in the form of Exhibit B-2 attached hereto.

  • Common Warrants means, collectively, the Common Stock purchase warrants delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof, which Common Warrants shall be exercisable immediately upon issuance and have a term of exercise equal to five (5) years from the initial exercise date, in substantially the form of Exhibit A attached hereto.

  • Exchange Price means as of any date, $1,000, divided by the Exchange Rate as of such date.

  • Series C Warrants means, collectively, the Series C Common Stock purchase warrants delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof, which Warrants shall be exercisable immediately and have a term of exercise equal to 9 months, in the form of Exhibit A attached hereto.

  • Closing Warrants shall have the meaning ascribed to such term in Section 2.1(a)(ii).

  • Adjustment Right means any right granted with respect to any securities issued in connection with, or with respect to, any issuance or sale (or deemed issuance or sale in accordance with Section 2) of shares of Common Stock (other than rights of the type described in Section 3 and 4 hereof) that could result in a decrease in the net consideration received by the Company in connection with, or with respect to, such securities (including, without limitation, any cash settlement rights, cash adjustment or other similar rights).

  • Additional Warrants means such further warrants as may be required or permitted to be issued by the Company in accordance with Condition 5 (such further warrants to rank pari passu with the Original Warrants and for all purposes to form part of the same series), each such Additional Warrant entitling the holder thereof to subscribe for one (1) New Share at such price as may be determined in accordance with Condition 5, upon and subject to the Conditions;

  • Series D Warrants means series D share purchase warrants of the Corporation issued to RTIH on May 22, 2012 in connection with the 2012 Rights Offering in accordance with the 2012 MoA, the terms of which are more particularly described under the heading “General Development of the Business – Agreements with the Rio Tinto Group – 2012 MoA”.

  • Original Shares means, when used in reference to any one or more Stockholders, the Shares held by such Stockholder on November 30, 2010, or any shares or other securities into which or for which such Shares may have been converted or exchanged in connection with any exchange, reclassification, dividend, distribution, stock split, combination, subdivision, merger, spin-off, recapitalization, reorganization or similar transaction.

  • Placement Agent Warrants shall have the meaning set forth in the Subscription Agreement.

  • Private Placement Warrants Purchase Agreement shall have the meaning given in the Recitals hereto.

  • Common Warrant Shares means the shares of Common Stock issuable upon exercise of the Common Warrants.

  • Warrant Share Delivery Date shall have the meaning set forth in Section 2(d)(i).

  • Series A Warrants means, collectively, the Common Stock purchase warrants delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof, which Warrants shall be exercisable immediately from the Closing Date and have a term of exercise equal to five (5) years, in the form of Exhibit A attached hereto.

  • Sponsors’ Warrants means the warrants that are being sold privately by the Company simultaneously with the consummation of the IPO; and (vi) “Trust Fund” shall mean the trust fund into which a portion of the net proceeds of the Company’s IPO will be deposited.

  • Additional Shares shall have the meaning specified in Section 14.03(a).

  • Per Share Purchase Price equals $1.00, subject to adjustment for reverse and forward stock splits, stock dividends, stock combinations and other similar transactions of the Common Stock that occur after the date of this Agreement.