Examples of Company Warrant Consideration in a sentence
Payment of the Company Warrant Consideration shall be made as soon as practicable after the Merger Effective Time but in any event within three (3) Business Days following the Merger Effective Time.
At the Effective Time, all Company Warrants shall no longer be outstanding and shall automatically cease to exist, and each holder of a Company Warrant shall cease to have any rights with respect thereto, except the rights, in each case subject to the terms and conditions of this Agreement and the Escrow Agreement, to receive the Company Warrant Consideration.
Prior to and effective conditionally on consummation of the Merger such holder shall be entitled to receive from Buyer upon consummation of the Merger, in respect of each share of Company Common Stock subject to such Company Warrant, the Company Warrant Consideration.
At the Effective Time, the Company Warrants shall be assumed by, and shall be an obligation of, the Surviving Corporation to pay, and a right of holders thereof to receive in full satisfaction of such Company Warrants, Company Warrant Consideration in accordance with Article II of this Agreement and the Company Warrant Agreement.
The Company Warrant Consideration will be payable without interest, upon the surrender of the instrument representing the Company Warrant and other documentation specified in Section 2.06 hereto.
LS Fund has delivered to the Company a guarantee of (i) the payment obligations of Purchaser under Section 2.01(b) and Section 10.03(b)(iii) and (ii) the payment of the Merger Consideration, the Company Option Consideration and the Company Warrant Consideration.
The payment of the Company Warrant Consideration will be subject to withholding for all required Taxes.
The Company Warrant Consideration shall be paid to holders of Company Warrants by Buyer or an Affiliate thereof within three (3) Business Days following the Effective Time in respect of the Company Warrant Closing Payment and within three (3) Business Days following the date that Company Shareholders receive the corresponding portion of the cash distributions pursuant to Section 2.4(b)(ii), Section 7.6(g), Section 9.4(c), Section 9.4(d) and Section 10.3.
In connection with such exercise and deemed exercise, the Company shall advance and be deemed to have advanced the relevant Advanced Exercise Price in respect of each such Company Option and Company Warrant on behalf of each such Optionholder and Warrantholder, which Advanced Exercise Price shall in each case be repaid and deemed repaid by such former Optionholder and Warrantholder by the subtraction in (vi) of the Company Option Consideration and the Company Warrant Consideration, as applicable.
Subject to Section 2.9, the Company, Parent and Merger Sub agree to take all actions required pursuant to the Company Warrant Agreement to ensure that the Company Warrants, if outstanding following the Effective Time, shall thereafter be exercisable for the Company Warrant Consideration, including, by entering into a supplemental warrant agreement in the form required by the Company Warrant Agreement.