Default Warrants definition

Default Warrants shall have the meaning set forth in Section 14(j).
Default Warrants means Common Stock Purchase Warrants, substantially in the form of Exhibit D-2 issuable to the Purchasers upon the occurrence of an Event of Default under the Note.
Default Warrants means the warrant certificates covering the purchase of Stock Units, each in the form of Annex 3 to this Agreement, originally issued by the Company pursuant to SECTION 2 hereof, and all Default Warrants issued upon transfer, division or combination of, or in substitution for, any thereof.

Examples of Default Warrants in a sentence

  • If the Company does not issue the Default Warrants to the Holders as set forth above, the Company will pay any Holder's reasonable costs of any action in a court of law to cause compliance with this Section 4(e), including reasonable attorneys' fees, in addition to the Default Warrants.

  • If the Company does not issue the Default Warrants to the Holders as set forth above, the Company will pay any Holder’s reasonable costs of any action in a court of law to cause compliance with this Section 4(e), including reasonable attorneys’ fees, in addition to the Default Warrants.

  • If the Company does not issue the Default Warrants to the Holders as set forth above, the Company will pay any Holder's reasonable costs of any action in a court of law to cause compliance with this Section 5(f), including reasonable attorneys' fees, in addition to the Default Warrants.

  • First-to-Default Warrants or Tranche Warrants create leveraged exposure to the credit risk of Reference Entities as the investors can lose a significant part or the totality of their investment (i) in the case of Tranche Warrants even if all the Reference Entities in the Reference Portfolio have not been subject to a Credit Event and (ii) in the case of First-to- Default Warrants, as soon as only one single Reference Entity has been subject to a Credit Event.

  • If the Company does not issue the Default Warrants to the Holders as set forth above, the Company will pay any Holder’s reasonable costs of any action in a court of law to cause compliance with this Section 4(f), including reasonable attorneys’ fees, in addition to the Default Warrants.

  • The Company ---------------------- shall keep the Registration Statement "Evergreen" until payment or conversion in full of the Convertible Notes and exercise or expiration of the Default Warrants, if any, or until Rule 144(k) of the Securities Act is available to the Investors with respect to all of the Conversion Shares and Warrant Shares whichever is later.

  • This Agreement, the Securities Exchange Agreement and related documents including the Convertible Notes and the Default Warrants, supersede all prior agreements and understandings among the parties hereto with respect to the subject matter hereof and thereof.

  • In the event of any conflict between the provisions of this Agreement and the Securities Exchange Agreement, the Convertible Notes and the Default Warrants, the terms of the Securities Exchange Agreement shall control.

  • After all principal at any time owed on this Note ------------ has been paid in full or converted into Default Warrants, this Note shall be surrendered to the Company for cancellation and shall not be reissued.

  • The Default Warrants shall be in the form of Exhibit A hereto and shall be governed by this Warrant Agreement.


More Definitions of Default Warrants

Default Warrants. As defined in Recital C of this Agreement.
Default Warrants means the five (5) year warrants to purchase 870,000 shares of Common Stock of HYDRO Corp, to be issued to each of the Lenders by the Guarantor having a per share exercise price equal to $0.01 per share, solely after the occurrence and existence of an Event of Default that remains either uncured or not waived by the Lenders within the applicable cure period, in the form annexed hereto as Exhibit B. (b) Exhibit B to the Loan Agreement is hereby amended and restated as Exhibit B attached to this Amendment. (c) After Section 11.1 (d), the following shall be added:
Default Warrants means the five (5) year warrants to purchase 1,000,000 shares of Common Stock of HYDRO Corp, issued to each of the Lenders having a per share exercise price equal to $0.01 per share, issuable solely after the occurrence and existence of an Event of Default that remains uncured for a period of fifteen (15) days, in the form annexed hereto as Exhibit B.

Related to Default Warrants

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

  • 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.

  • Series C Warrants means, collectively, the Series C 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 and have a term of exercise equal to 9 months, in the form of Exhibit A attached hereto.

  • Series D Warrants means series D share purchase warrants of the Corporation issued to RTIH on May 22, 2012 in connection with the 2012 Rights Offering in accordance with the 2012 MoA, the terms of which are more particularly described under the heading “General Development of the Business – Agreements with the Rio Tinto Group – 2012 MoA”.

  • Existing Warrants means any warrants to purchase Common Stock outstanding on the date of this Agreement.

  • 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 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.

  • Parent Warrants has the meaning set forth in Section 5.3(a).

  • Class B Warrants means, collectively, the Common Stock purchase warrants in the form of Exhibit C attached hereto delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof, which warrants shall be exercisable immediately and have a term of exercise equal to one year.

  • Series B-2 Preferred Shares means the Company’s series B-2 preferred shares, par value US$0.00001 per share.

  • Investor Warrants has the meaning given it in the recitals of this Agreement.

  • Conversion Securities has the meaning set forth in Section 4.08(b).

  • Sponsors’ Warrants means the warrants that are being sold privately by the Company simultaneously with the consummation of the IPO; and (vi) “Trust Fund” shall mean the trust fund into which a portion of the net proceeds of the Company’s IPO will be deposited.

  • 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.

  • Series E Preferred Shares means the Series E 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.

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

  • Early Preference Share Redemption Event means the event that occurs if:

  • Existing Convertible Notes means any convertible notes or other convertible debt securities of the Company outstanding on the date of this Agreement.

  • Broker Warrants has the meaning ascribed to such term in Section 12 hereof;

  • Series B-2 Preferred Stock means shares of the Company’s Series B-2 Preferred Stock, par value $0.001 per share.

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

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

  • Insider Warrants is defined in the preamble to this Agreement.

  • Warrant Securities means this Warrant and the Warrant Shares, collectively.

  • Private Placement Warrants shall have the meaning given in the Recitals hereto.

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