Creditor Warrants definition

Creditor Warrants means warrants to purchase a number of shares of Common Stock, which warrants shall have the terms set forth in and as governed by the Creditor Warrant Agreement.
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Creditor Warrants means warrants to purchase 1,914,250 shares of common stock of Monaker issued upon closing of the Axion share exchange, at an exercise price of $2.00 per share, which warrants were granted to Cern One in connection with the closing of the Axion exchange agreement on November 16, 2020.
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Creditor Warrants means the 39,565,579 warrants exercisable to purchase a common share of the Issuer at $1.00 per share until August 31, 2020 issued to former convertible debt holders of BioHarvest on closing of the Merger;
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Examples of Creditor Warrants in a sentence

  • On the Effective Date, the New Creditor Warrants shall be issued and distributed pursuant to the Plan and in accordance with the New Creditor Warrant Agreement.

  • The New Creditor Warrant Agreement shall be effective as of the Effective Date and, as of such date, shall be deemed to be valid, binding, and enforceable in accordance with their respective terms, and each Holder of New Creditor Warrants shall be bound thereby.

  • The issuance of the New Creditor Warrants shall be duly authorized without the need for any further corporate action.

  • The Holders of New Creditor Warrants shall be deemed to be parties to, and bound by, the terms of the New Creditor Warrant Agreement (solely in their capacity as Holders of New Creditor Warrants) without further action or signature.

  • Under the Modified Plan, the New Holdings Creditor Warrants will continue to be issued, but (as with the Fee Warrants), shall have a strike price of $9.12 per share, which is based upon a total equity value for Reorganized ICG of $77.3 million.

  • Based upon the New Valuation, MBL has ascribed a value of $3.6 million to the New Holdings Creditor Warrants.

  • New Holdings Creditor Warrants ------------------------------ Under the Original Plan, holders of Allowed Claims in Class H-4 were to receive their Pro Rata share of the New Holdings Creditor Warrants, which were to be 5 year warrants to purchase 800,000 additional New Common Shares (approximately ten percent (10%) of the aggregate amount of New Common Shares to be issued and outstanding on the Effective Date), at a strike price of $20.00 per share.

  • On the Effective Date the Reorganized Debtors shall issue the New Warrants; provided, however, that the Unsecured Creditor Warrants shall be issued pursuant to Article VI.

  • The strike price for the Fee Warrants was $20 per share, which was set based upon a total equity value for Reorganized ICG of $160 million (as with the strike price for the New Holdings Creditor Warrants).

  • Under the Modified Plan, the Fee Warrants will be issued, but as a result of the New Valuation, the strike price for the Fee Warrants (and the New Holdings Creditor Warrants) will be $9.12 per share, which is based upon a total equity value for Reorganized ICG of $77.3 million.


More Definitions of Creditor Warrants

Creditor Warrants means the new equity warrants to be issued to Purchaser Group Creditors pursuant to and in accordance with the Debt Restructuring Documents;
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Related to Creditor Warrants

  • Sponsor Warrants shall have the meaning given in the Recitals hereto.

  • Purchaser Warrants means Purchaser Private Warrants and Purchaser Public Warrants, collectively.

  • Common Warrants means, collectively, the Common Stock purchase warrants delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof, which Common Warrants shall be exercisable immediately upon issuance and have a term of exercise equal to five (5) years from the initial exercise date, in substantially the form of Exhibit A attached hereto.

  • Series B Warrants means, collectively, the Series B Common Stock purchase warrants delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof and the other Series B Warrants contemplated under Section 2.1 to be issued concurrently at the Closing, which Series B Warrants shall be exercisable beginning immediately and have a term of exercise equal to five (5) years, in the form of Exhibit B-2 attached hereto.

  • Underlying Shares means the shares of Common Stock issued and issuable upon conversion of the Preferred Stock, upon exercise of the Warrants and issued and issuable in lieu of the cash payment of dividends on the Preferred Stock in accordance with the terms of the Certificate of Designation.

  • Series A Warrants means, collectively, the Common Stock purchase warrants delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof, which Warrants shall be exercisable immediately from the Closing Date and have a term of exercise equal to five (5) years, in the form of Exhibit A attached hereto.

  • Common Warrant Shares means the shares of Common Stock issuable upon exercise of the Common Warrants.

  • Series F Preferred Shares means the Series F Preferred Shares of the Company, par value US$0.0001 per share, with the rights and privileges as set forth in the Memorandum and Articles.

  • Preferred Shares means shares of Series A Junior Participating Preferred Stock, par value $.01 per share, of the Company having the rights and preferences set forth in the Form of Certificate of Designations attached to this Agreement as Exhibit A.

  • Placement Agent Warrants shall have the meaning set forth in the Subscription Agreement.

  • Series A Preferred Shares means the Series A Preferred Shares of the Company, par value US$0.0001 per share, with the rights and privileges as set forth in the Memorandum and Articles.

  • Series B Preferred Shares means the Series B Preferred Shares of the Company, par value US$0.0001 per share.