Detachable Warrant definition

Detachable Warrant means the form of warrant issued to Lenders under the terms and provisions of Article III of this Agreement.
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Detachable Warrant or "Detachable Warrants" has the meaning specified in Section 4.4.
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Detachable Warrant means the warrant issued by the Company to Pegasus on the date hereof, pursuant to which Pegasus is entitled to purchase 1,516,479 shares of Common Stock at the Exercise Price, as such Exercise Price may be adjusted pursuant thereto.
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Examples of Detachable Warrant in a sentence

  • In the event that the Detachable Warrant proposed to be issued are not exercised by the warrant holders during the Warrant Exercise Period, then such detachable warrants shall lapse and the proceeds from the detachable warrants will reduce.

  • I/We understand that on Application, Rs. 3,675 per Rights Securities is payable in one Rights Entitlement (i.e. Rs. 700 per Rights Equity Share and Rs 175 per Warrant) which constitutes 100% of the issue price for Rights Equity Share and 25% of the Issue Price for Warrants and the balance Rs 525 per Warrant, which constitutes 75% of the Detachable Warrant Price, will have to be paid, upon exercising option to subscribe to Equity Shares against Warrants within the Warrant Exercise Period.

  • Accordingly, the Equity Shares with Detachable Warrant may not be offered or sold, directly or indirectly, and neither this Draft Letter of Offer nor any offering material in connection with the Equity Shares may be distributed or published in or from any country or jurisdiction except under circumstances that will result in compliance with any applicable rules and regulations of any such country or jurisdiction.

  • The Series 1 Warrants, Series 2 Warrants and Series 3 Warrants shall be referred to, collectively, as the "Warrants." The Series 3 Detachable Warrant Surrender Agreement attached hereto as Exhibit E and the Purchase Agreement will transfer, if consummated, title to all the outstanding Warrants and Convertible Debentures.

  • For every Equity Share allotted on a rights basis, one Detachable Warrant will be issued and allotted.

  • Issue Date means the date on which a Convertible Note, Convertible Note Warrant, Note or Detachable Warrant, as applicable, is issued by the Company.

  • As partial consideration for making the Loan, Borrower has issued Lender detachable warrants to purchase up to 400,000 shares of Borrower's common stock in accordance with the terms and conditions of that certain Detachable Warrant Agreement.

  • Said conveyance of said rights under such 100,000 Warrants shall be effected one half on March 31, 1999 and one half on January 1, 2000 and MGC will reissue Warrants, in the name of Snedxxxx xxxresenting rights to exercise Warrants for up to 50,000 shares on March 31, 1999 and up to 50,000 shares on January 1, 2000, subject to such reissuance of warrants being subject to all terms and conditions of the Detachable Warrant Certificates issued November 25, 1997 and April 8, 1998.

  • The Bonus Detachable Warrant entitles the eligible holders to purchase Underlying Shares of the Company at the Exercise Price during the Exercise Period, subject to the Exercise Ratio (the “Bonus Detachable Warrants”).

  • In addition to the Rights Entitlement, for every Equity Share allotted in the Issue, one Detachable Warrant will be issued andallotted.Record DateSUMMARY STATEMENTS OF FINANCIAL INFORMATIONThe following tables set forth summary of financial information derived from restated financial statements of the Company as of and for the financial years ended March 31, 2007, 2008, 2009, 2010 and 2011.


More Definitions of Detachable Warrant

Detachable Warrant. – means a Warrant that may be sold, transferred or assigned to any person by the Warrantholder separate from, and independent of, the corresponding Beneficiary Securities.
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Related to Detachable Warrant

  • Other Securities refers to any stock (other than Common Stock) and other securities of the Company or any other person (corporate or otherwise) which the holder of the Warrant at any time shall be entitled to receive, or shall have received, on the exercise of the Warrant, in lieu of or in addition to Common Stock, or which at any time shall be issuable or shall have been issued in exchange for or in replacement of Common Stock or Other Securities pursuant to Section 4 or otherwise.

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

  • Private Warrants means the Warrants the Investors are privately purchasing simultaneously with the consummation of the Company’s initial public offering.

  • Series C Warrants means, collectively, the Common Stock purchase warrants delivered to the Purchasers at Closing in accordance with Section 2.2(a) hereof, which Warrants shall be exercisable immediately and have a term of exercise equal to three (3) years, in the form of Exhibit C attached hereto.

  • Series A Warrants means, collectively, the Series A Common Stock purchase warrants delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof and the other Series A Warrants contemplated under Section 2.1 to be issued concurrently at the Closing, which Series A Warrants shall be exercisable beginning immediately and have a term of exercise equal to six (6) months, in the form of Exhibit B-1 attached hereto.

  • Public Warrants means the warrants included in the public units issued in the IPO, each of which is exercisable for one share of Common Stock, in accordance with its terms.

  • 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”.

  • 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.

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

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

  • 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.

  • 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.

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

  • Warrant Stock means Common Stock issuable upon exercise of any Warrant or Warrants or otherwise issuable pursuant to any Warrant or Warrants.

  • Parent Warrant means each Parent Private Warrant and Parent Public Warrant.

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

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

  • Warrant means this Warrant and all Warrants issued in exchange, transfer or replacement thereof.

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

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

  • New Warrants means those certain warrants to purchase New Valaris Equity on the terms set forth in the New Warrant Agreement.

  • Class B Warrants means 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 and have a term of exercise equal to 5 years, in the form of Exhibit C attached hereto.

  • Agent’s Warrants means the share purchase warrants of the Issuer which will be issued as part of the Agent’s Fee and which have the terms provided in this Agreement and the certificates representing such share purchase warrants;

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

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

  • Closing Warrants shall have the meaning ascribed to such term in Section 2.1(a)(ii).