Backstop Warrants definition

Backstop Warrants means, in accordance with and subject to the terms and conditions of the Safeguard Plan, the warrants to be issued at no cost by CGG to members of the Ad Hoc Senior Noteholder Committee as of June 13, 2017 (or their transferees as authorized under the New Second Lien Private Placement Agreement) as partial compensation for the backstop of the New Second Lien Notes provided by such members of the Ad Hoc Senior Noteholder Committee (or their transferees as authorized under the New Second Lien Private Placement Agreement). CGG and the beneficiaries of the Backstop Warrants (as of the date which is the closest to such decision), acting unanimously, may decide to procure the delivery of the Backstop Warrants or the underlying New CGG Shares through alternative means (excluding payment in Cash of the value of the Backstop Warrants by CGG).
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Backstop Warrants means collectively, the Harbinger Backstop Warrants, the Blue Line Backstop Warrants and the Breakaway Backstop Warrants.
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Backstop Warrants shall have the meaning set forth in the A&R Forward Purchase Agreement.
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Examples of Backstop Warrants in a sentence

  • The payment of the Backstop Fee and issuance of the Backstop Warrants to the Backstop Parties shall be approved by the Bankruptcy Court pursuant to the Approval Order.

  • Firstly, you have to send the application form, including:⮚ Concept Note (maxium 4 pages long)⮚ full Application Form,⮚ Budget, (when designing the budget, please make it cost-realistic and specific activities related)⮚ Logical Framework⮚ Checklist (Section V of the grant application form)⮚ Declaration by the Applicant (Section VI of the grant application form), which must bestapled separately and enclosed in the envelope.

  • Application A2020-0058 was heard at the Committee of Adjustment meeting on February 18, 2021.

  • The issuance of the Backstop Warrants is submitted to your approval per the twenty-fifth resolution.

  • The issuance of Warrants #3, Coordination Warrants and Backstop Warrants negatively impacted the other financial income (loss) line item in the Statement of Operations, according to IFRS 2, without any impact on the equity.

  • In addition, the equity increased by US$1,323 million through the issuance of new shares (as a result of the equitization of the unsecured debt, the rights issue and the future exercise of Warrants #3, Coordination Warrants and Backstop Warrants), to reach a total equity increase of US$2,082 million.

  • On June 16, 2022, pursuant to the Backstop Subscription Agreement, the Issuer issued Corvina 3,875,028 Backstop Warrants.

  • Additionally, and also pursuant to the A&R FPA, on the Closing Date, the Company completed the sale of 8,672,934 shares of the Company’s common stock and 1,445,489 Backstop Warrants to the Sponsor for a purchase price of $10.00 per share and aggregate purchase price of $86.7 million in order to backstop shareholder redemptions which would have otherwise resulted in the cash proceeds available to OmniAb following the Business Combination from OmniAb’s trust account to be less than $100,000,000.

  • The number of outstanding common shares of the registrant as of February 26, 2020 was 64,401,340.

  • The respective value of the Warrants #1, Warrants #3, Coordination Warrants and Backstop Warrants mainly depends on: (i) the proper characteristics to these categories of Warrants: exercise price of the Warrant, Exercise Ratio, exercise period and (ii) the characteristics of the underlying share and the market conditions: value and volatility of the underlying share notably.


More Definitions of Backstop Warrants

Backstop Warrants shall the meaning ascribed to such term in the Backstop Loan Agreement.
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Backstop Warrants means, collectively, the warrants issued to the investors under the Standby Purchase Agreement in the Offering, as more fully described in the Purchase Agreement.
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Backstop Warrants means the warrants to purchase shares of New Molecular Insight Preferred Stock with an exercise price of $0.01 per share and with a seven-year term, exercisable for an aggregate of 6.5% of New Molecular Insight Common Stock issuable upon conversion of the New Molecular Insight Preferred Stock outstanding as of the Effective Date (excluding shares of New Molecular Insight Common Stock issuable upon the conversion of New Molecular Insight Preferred Stock issuable upon exercise of the New Warrants), which warrants will be issued by the Reorganized Debtor to certain Exit Lenders on the Effective Date pursuant to the New Warrant Agreement.
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Backstop Warrants mean the 10,000,000 warrants to purchase shares of the Common Stock issued to the Backstop Parties pursuant to the Backstop Agreement.
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Backstop Warrants means the warrants to be issued pursuant to the Backstop Issue.
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Backstop Warrants has the meaning specified in the Preamble hereto.
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Related to Backstop Warrants

  • Series D 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 upon issuance and have a term of exercise equal to five (5) years, in the form of Exhibit C attached hereto.

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

  • 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.

  • 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 vest and be exercisable ratably commencing on the exercise of the Series B Warrants held by the Purchaser (or its assigns) and have a term of exercise equal to 5 years from the date of issuance, in the form of Exhibit C 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 and have a term of exercise equal to five (5) years, in the form of Exhibit A attached hereto.

  • Existing Warrants means any warrants to purchase Common Stock outstanding on the date of this Agreement.

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

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

  • Investor Warrants has the meaning given it in the recitals of this Agreement.

  • Class B Warrants means 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 and have a term of exercise equal to 5 years, in the form of Exhibit C attached hereto.

  • Parent Warrants means the outstanding warrants to purchase Parent Common Stock.

  • 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.

  • Backstop Agreement has the meaning set forth in the recitals to this Agreement.

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

  • New Warrants means those certain warrants to purchase New Valaris Equity on the terms set forth in the New Warrant Agreement.

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

  • Initial Warrants means the warrants of the Company to purchase shares of Common Stock underlying the Initial Units issued and outstanding prior to the IPO.

  • Qualifying Warrants means net share settled warrants to purchase Common Stock that have an exercise price greater than the current Market Value of the issuer’s Common Stock as of their date of issuance, that do not entitle the issuer to redeem for cash and the holders of such warrants are not entitled to require the issuer to repurchase for cash in any circumstance.

  • Backstop Commitment has the meaning set forth in Section 2.2(b).

  • Backstop Parties means, collectively, the Initial Backstop Parties and the Additional Backstop Parties.

  • Unsubscribed Shares means the Rights Offering Shares that have not been duly purchased by the Rights Offering Participants in accordance with the Rights Offering Procedures and the Plan.

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

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

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

  • Special Warrants means the special warrants issued by the Company, at a price of $0.10 per Special Warrant, pursuant to the Special Warrant Private Placement and entitling the holder thereof to acquire, for no additional consideration, one Common Share pursuant to the terms and conditions in the Special Warrant Certificates; and

  • Backstop Commitment Agreement means that certain Backstop Commitment Agreement, by and between CEOC and the PropCo Preferred Backstop Investors party thereto from time to time, as the same may be amended, amended and restated, supplemented, or otherwise modified from time to time in accordance with its terms, the form of which shall be included in the Plan Supplement.