Examples of Class B Warrant Certificate in a sentence
In connection with a Warrant Exchange, the Company agrees to deliver the Class A Definitive Certificate or Class B Definitive Certificate to the Holder within ten (10) Business Days of the Class A Warrant Certificate Request Notice or Class B Warrant Certificate Request Notice pursuant to the delivery instructions in either the Class A Warrant Certificate Request Notice or Class B Warrant Certificate Request Notice (“Warrant Certificate Delivery Date”).
The Exercise Price, the number of shares covered by each Warrant and the number of Warrants outstanding are subject to adjustment from time to time as provided in Section 3 of the Class A Warrant Certificate and Class B Warrant Certificate.
The Company shall deliver to the Warrant Agent for cancellation and retirement, and the Warrant Agent shall so cancel and retire, any other Class A Warrant Certificate or Class B Warrant Certificate purchased or acquired by the Company otherwise than upon the exercise thereof.
The Warrant Agent shall not be responsible for any of the recitals or representations herein or in the Class A Warrant Certificate or Class B Warrant Certificate (except as to the Warrant Agent’s countersignature thereon), all of which are made solely by the Company.
Whenever any fraction of an Ordinary Share would otherwise be required to be issued or distributed, the actual issuance or distribution in respect thereof shall be made in accordance with Section 2(d)(v) of the Class A Warrant Certificate and Class B Warrant Certificate.
In the event that the Warrants are not eligible for, or it is no longer necessary to have the Warrants available in, book-entry form, the Warrant Agent shall provide written instructions to the Depositary to deliver to the Warrant Agent for cancellation each Global Warrant, and the Company shall instruct the Warrant Agent to deliver to each Holder a Class A Warrant Certificate or Class B Warrant Certificate, as applicable.
All Warrants originally issued by the Company subsequent to any adjustment made to the Exercise Price pursuant to the Class A Warrant Certificate or Class B Warrant Certificate shall evidence the right to purchase, at the adjusted Exercise Price, the number of Ordinary Shares purchasable from time to time hereunder upon exercise of the Warrants, all subject to further adjustment as provided herein.
The Warrants shall cease to be exercisable and shall terminate and become void as set forth in the Class A Warrant Certificate or Class B Warrant Certificate.
The Class A Warrant Certificate and the Class B Warrant Certificate, together with the form of election to purchase Ordinary Shares (“Notice of Exercise”) and the form of assignment to be printed on the reverse thereof, shall be in the forms of Exhibit 1 and Exhibit 2 hereto as applicable.
For the avoidance of doubt, if the Company becomes obligated to pay any amounts to any Holders pursuant to Section 2(d)(i) or 2(d)(iv) of the Class A Warrant Certificate and Class B Warrant Certificate, such obligation shall be solely that of the Company and not that of the Warrant Agent.