Advisory Warrant definition

Advisory Warrant means transferrable Common Share purchase warrants of the Company, with each Advisory Warrant entitling the holder, upon the closing of the IPO, to purchase one Common Share up to the day that is five years from the date of issuance thereof at a price of $0.10 per Common Share.
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Advisory Warrant is the warrant to purchase one million (1,000,000) shares ---------------- of Common Stock issuable to Commonwealth Associates, L.P. ("Commonwealth") pursuant to the terms of an Advisory Agreement, by and between the Company and Commonwealth, dated as of June 2002;
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Advisory Warrant means that certain warrant to purchase shares of Common Stock issued to JTF pursuant to the Banking Agreement as partial compensation for its services as investment banking advisor to GP in connection with the transactions contemplated by the Asset Contribution Agreement.
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Examples of Advisory Warrant in a sentence

  • Each Broker Warrant and Advisory Warrant is exercisable at the Issue Price for a period of 12 months following the date the escrow release conditions were satisfied.

  • The headings to the Sections of this Agreement and the Exhibits are inserted for convenience only and shall not affect the construction or interpretation hereof or thereof.

  • Each Advisory Warrant entitles the holder to purchase one Unit comprised of one common share and one half of one warrant.

  • In conjunction with the issuance of the Series B Debenture Units, each Broker Warrant and Advisory Warrant (as defined below) is exercisable into one Underlying Share at an exercise price of $4.15 (CAD $6.90) per share until the earlier of 60 months from October 30, 2018, and 24 months from the completion of a Going Public Transaction (Note 24(a)), subject to adjustment and/or acceleration in certain circumstances.

  • In conjunction with the issuance of the Series B Debenture Units, each Broker and Advisory Warrant is exercisable into one Underlying Share at an exercise price of (CAD $6.90) $4.15 per share until the earlier of 60 months from October 30, 2018, and 24 months from the completion of a Going Public Transaction (Note 3 (b)), subject to adjustment and/or acceleration in certain circumstances.

  • On January 28, 2021, the Company issued 401,678 Advisory Warrant Units as part of the Series A Financing.

  • Subject to compliance with federal and state laws and regulations and an opinion of the Company’s counsel (at the Company’s expense), which shall not be unreasonably withheld and the rules of any self-regulatory organization, the Advisory Warrant Shares will be transferable within D&C’s organization, at D&C’s discretion, or as obligated to participating FINRA member firms.

  • The Advisory Warrant will provide for registration rights (including a onetime demand registration right and unlimited piggyback rights) and customary anti-dilution provisions (for stock dividends and splits and recapitalizations only) consistent with FINRA Rule 5110, and further, the number of shares underlying the Advisory Warrant shall be reduced if necessary to comply with FINRA rules or regulations.

  • The exercise price payable pursuant to each Advisory Warrant shall be an amount equal to the then- current fair market value of the Class B common units of the Company on the grant date, as determined by the Company’s Board of Directors in good faith compliance with applicable law and guidance (including, without limitation, law and guidance pertaining to Section 409A of the Internal Revenue Code of 1986, as amended).

  • The Advisory Warrant Shares, which will carry such legends under SEC Rule 144 as are deemed appropriate and necessary by the Company’s counsel, will be included in the first registration statement filed by the Company covering the securities issued in any Placement hereunder (or securities issuable upon conversion or exercise thereof).


More Definitions of Advisory Warrant

Advisory Warrant means the non-transferable Common Share purchase warrants of the Corporation with each Advisory Warrant entitling the holder, upon Closing, to purchase one Common Share up to the day that it is five years from the date of issuance thereof at a price of $0.10 per Common Share, as more fully described in the Final Prospectus;
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Advisory Warrant has the meaning given to it above;
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Related to Advisory Warrant

  • Warrant means this Warrant and all Warrants issued in exchange, transfer or replacement thereof.

  • Warrant Agreements means those agreements entered into in connection with the Loan, substantially in the form attached hereto as Exhibit B pursuant to which Borrower granted Lender the right to purchase that number of shares of Series B Preferred Stock of Borrower as more particularly set forth therein.

  • 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.