Examples of Breakup Warrant in a sentence
The Company has authorized and reserved 500,000 shares of the Company's Common Stock for issuance upon exercise of the Warrant, and will reserve 250,000 shares of the Company's Common Stock for issuance upon the exercise of the Breakup Warrant, if the Breakup Warrant is issued.
If at any time the number of authorized but unissued shares of Common Stock shall not be sufficient to effect the exercise of the Warrant or the Breakup Warrant or otherwise to comply with the terms of this Agreement, the Company will immediately take such corporate action as may be necessary to increase its authorized but unissued shares of Common Stock to such number of shares as shall be sufficient for such purposes.
The obligation to reserve shares in connection with the Breakup Warrant shall survive termination of this Agreement pursuant to Section 6.03, below, and shall remain binding upon the Company.
Andrx understands and agrees that the sum of the consideration of the Cash Breakup Fee and Breakup Warrant shall not exceed the maximum consideration permitted under the DGCL.
On February 11, Parliament enacted two laws to reform the judicial system.
The Company shall at all times reserve and keep available out of its authorized but unissued shares of Common Stock, for the purpose of effecting the exercise of the Warrant and the Breakup Warrant and otherwise complying with the terms of this Agreement, such number of its duly authorized shares of Common Stock as shall be sufficient to effect the exercise of the Warrant and the Breakup Warrant, or otherwise to comply with the terms of this Agreement.
The shares of the Company's Common Stock issued or issuable upon conversion of the Series B Shares (the "Conversion Shares") and the shares of the Company's Common Stock issued or issuable upon exercise of the Warrant, or the Breakup Warrant (the "Warrant Shares") will be entitled to the registration rights provisions attached as Exhibit A to the Warrant.
Each Break-up Warrant shall have an initial exercise price equal to 50% of the Average Share Price on the date of the termination of this Agreement.
The Company shall at all -------------------------- times reserve and keep available out of its authorized but unissued shares of Common Stock, for the purpose of effecting the exercise of the Warrant and the Breakup Warrant and otherwise complying with the terms of this Agreement, such number of its duly authorized shares of Common Stock as shall be sufficient to effect the exercise of the Warrant and the Breakup Warrant, or otherwise to comply with the terms of this Agreement.
The shares of ---------------------------------------- the Company's Common Stock issued or issuable upon conversion of the Series B Shares (the "Conversion Shares") and the shares of the Company's Common Stock issued or issuable upon exercise of the Warrant, or the Breakup Warrant (the "Warrant Shares") will be entitled to the registration rights provisions attached as Exhibit A to the Warrant.