Broker Units definition

Broker Units has the meaning ascribed therein in Section 9 hereof;
Broker Units has the meaning ascribed thereto on the third page of this Agreement;
Broker Units has the meaning ascribed to such term in Section 11;

Examples of Broker Units in a sentence

  • In connection with the closing of the Private Placement, the Company issued an aggregate of 1,120,000 broker units (the "Broker Units") and paid an aggregate of $343,324 in cash to the agents.

  • The fair value of the warrants issued in the 2016 private placement and the value of the replacement warrants was estimated at the date of grant using the Black-Scholes option-pricing model with the following assumptions: 2016Expected life 2 yearsExpected volatility 245 %Risk-free rate 0.63%Expected annual dividend NilGrant date fair value $0.124 In connection with the closing of the Private Placement, the Corporation issued an aggregate of 1,120,000 broker units (the "Broker Units").

  • The changes and dates for the Winter 2022 semester were approved, as such, the Legislative Council will only be meeting once a month in the Winter 2022 semester, with the exception of the two (2) last meetings.

  • Broker Units Cash 105 45 NA 2.33 NA Feb-05 Brown and Brown Hull & Company Cash 175 63 NA 2.78 NA Sep-04 USI Holdings Summit Global Partners(2)(3) Cash, Stock 124 66 $13 1.88 9.4 x Mar-04 Hub International Talbot Financial Corp.

  • In addition, the Agent will receive Broker Warrants which will entitle the Agent to purchase that number of Broker Units as is equal to 10% of the number of Offered Securities sold, exercisable at a price of $0.10 per Broker Unit at any time during the 24 month period after the Closing Date.

  • The Units, the Broker Units and the Securities issuable upon the exercise of the Broker Units were subject to a four- month hold period that expired September 26, 2016.

  • As additional compensation, the Corporation agrees to issue to the Underwriters that number of non-transferable Broker Unit purchase warrants (the “Compensation Warrants”) entitling the Underwriters to purchase such number of Broker Units as is equal to 6.0% of the aggregate number of Units and the Additional Securities, if any, sold under the Offering, each Broker Unit consisting of one Common Share (a “Broker Unit Share”) and one half of one Warrant (a “Broker Unit Warrant”).

  • The Broker Units represented by this certificate and all rights granted hereunder are non-transferable.

  • Broker Units Option”), each comprised of one Common Share (“Broker Unit Share”) and one Common Share purchase warrant (“Broker Unit Warrants”).

  • Broker Units Cash $ 105 $ 45 NA 2.33 x NA Feb-05 Brown and Brown Hull & Company Cash 175 63 NA 2.78 NA Sep-04 USI Holdings Summit Global Partners(1)(2) Cash, Stock 124 66 $ 13 1.88 9.4 x Mar-04 Hub International Talbot Financial Corp.


More Definitions of Broker Units

Broker Units means the Units issuable upon exercise of the Broker Warrants; “Broker Unit Shares” means the Unit Shares comprising part of the Broker Unit; “Broker Unit Warrants” means the Warrants comprising part of the Broker Unit;
Broker Units means the Units underlying the Broker Warrants;
Broker Units means the units of the Corporation issuable upon the exercise of the Broker Warrants, each Broker Unit being comprised of one Broker Unit Share and one-half of one Broker Unit Warrant;
Broker Units means the units underlying the Compensation Warrants, consisting of 3,500 Common Shares and 3,500 Warrants;
Broker Units means those Units issuable upon exercise of the Broker Warrants;
Broker Units has the meaning given to it above; “Broker Unit Share” has the meaning given to it above; “Broker Unit Warrant” has the meaning given to it above;

Related to Broker Units

  • Units means the units of the Company, each comprised of one share of Common Stock and one-half of one Warrant.

  • Unit Shares has the meaning ascribed thereto in the first paragraph of this Agreement;

  • Additional Units shall have the meaning set forth in Section 8.3 hereof.