Examples of Credit Warrants in a sentence
Physical Settlement shall not apply in relation to any Credit Warrants.
The Company obtained shareholder approval for the grant of the New Credit Warrants at the 2014 AGM, any change of control that may result from the holder exercising such New Credit Warrants; and amendment of the exercise price of the Warrants as issued under the Credit Line from the current exercise price thereof to $0.05 per share.
The consent of each Holder directly affected shall be required for any amendment pursuant to which the exercisability of any Credit Warrant would be delayed, the Exercise Price would be increased or the number of Warrant Shares purchasable upon exercise of Credit Warrants would be decreased (other than pursuant to adjustments provided herein).
The Company shall at all times keep reserved out of its authorized shares of Common Stock a number of shares of Common Stock sufficient to provide for the exercise of all outstanding Credit Warrants.
The Credit Warrants initially shall be issued as of the date of this Agreement.
In relation to Credit Warrants, the Issuer and the CGMFL Guarantor may at certain times be simultaneously seeking to purchase or sell investments and/or protection under credit derivatives or other instruments enabling credit and/or other risks to be traded for any entity for which it serves as manager in the future.
The Company may not issue new Warrant Certificates to replace Warrant Certificates to the extent they evidence Credit Warrants which have been exercised or Credit Warrants which the Company has purchased or otherwise acquired.
The exact number of Line of Credit Warrants issued in connection with the $4,000 advanced under the line of credit, as of September 30, 2018, is dependent upon the determination of the Exercise Price, pursuant to the line of credit agreement.
Exercise price on the Line of Credit Warrants is based on the contractual terms of the warrants, whereby the exercise price is either (1) $8.022, in the event that the closing takes place under the Agreement and Plan of Merger by and among Landcadia Holdings, Inc.
Each Holder of the Credit Warrants and the Warrant Shares shall be entitled to the registration rights in respect of the Warrant Shares set forth in the Amended and Restated Registration Rights Agreement.