Examples of Class C Warrant Shares in a sentence
Payment for the Class C Warrant Shares shall be made by wire, or check payable to the order of the Company.
Dated: _________________________ XXXXXXXX XXXX Executive Vice President and General Counsel Serono S.A. Dated: _________________________ XXXXXXXX XXXX Executive Vice President and General Counsel Ares Trading S.A. Dated: _________________________ XXXXX XxXXXXX, ESQUIRE Xxxxx Xxxxxxx, LLP Counsel for Serono Dated: _________________________ XXXXXXX XXXXXXX Xxxxx Xxxxxxx, LLP Counsel for Serono 6 Case 1:05-cr-10282-RCL Document 7 Filed 12/21/05 Page 1 of 11 U.S. Department of Justice Xxxxxxx X.
Second, the Company shall reduce the Total Registrable Securities represented by the Class B Warrant Shares and the Class C Warrant Shares (applied, in the case that some Class B Warrant Shares and/or some Class C Warrant Shares may be registered, to the Class B Holders and the Holders on a pro rata basis based on the total number of unregistered Class B Warrant Shares and Class C Warrant Shares held by such Class B Holders and Holders).
The Company will not be required to issue fractional Class C Warrant Shares upon exercise of the Class C Warrants or distribute Share certificates that evidence fractional Class C Warrant Shares but the number of Class C Warrant Shares issuable shall be rounded up or down to the nearest whole number.
The Company shall cause to be mailed to the holder of a Class C Warrant copies of such officer's cer- tificate together with a notice stating that the Exercise Price and the number of Class C Warrant Shares purchasable upon exercise of a Class C Warrant have been adjusted and setting forth the adjusted Ex- ercise Price and the adjusted number of Class C Warrant Shares purchasable upon the exercise of such Class C Warrant.
The Exercise Price and the number of Class C Warrant Shares are subject to adjustment from time to time as provided in this Article VI.
The number and kind of Class C Warrant Shares for which a Class C Warrant may be exercised and the price at which Class C Warrant Shares may be purchased upon exercise of a Class C Warrant shall be subject to adjustment from time to time as set forth in Article VI hereof (the "Exercise Price").
Without limiting the generality of the forgoing, the Company will (i) not increase the par value of any Class C Warrant Shares receivable upon the exercise of a Class C Warrant above the amount payable therefor upon such exercise immediately prior to such increase in par value and (ii) take all such action as may be necessary or appropriate in order that the Company may validly and legally issue fully paid and nonassessable Class C Warrant Shares upon the exercise of any Class C Warrant.
If any holder surrenders for exer- cise more than one Class C Warrant Certificate, the number of Class C Warrant Shares deliverable to such holder may, at the option of the Company, be computed on the basis of the aggregate amount of all the Class C Warrants exercised by such holder.
The Class C Warrant Shares have been duly authorized, and, when issued upon the exercise of the Class C Warrants in accordance with the terms of the Class C Warrant Agreement, will be validly issued, fully paid and non-assessable.