Equity Warrants definition

Equity Warrants shall have the meaning set forth in the recitals.

Equity Warrants means warrants to purchase Common Stock pursuant to the Equity Warrant Acquisition Agreement.

Equity Warrants. An equity warrant allows an investor the right to subscribe for a fixed number of ordinary shares at a pre-determined price on a future date or during a fixed period of time. Since the price of the warrants is generally substantially less than the price of the share itself, an increase in the share price will generally cause a disproportionate increase in the value of the warrant. On the other hand, a fall in the share price may cause a disproportionate decrease in the value of the warrant and in some cases, such a fall in share price may cause a warrant to become valueless. The use of warrants by the Holder will, therefore, usually mean that the value of the Option Securities will increase or decrease at a greater rate than would have been the case if the relevant investment had actually been made in the shares underlying the relevant warrants.

Examples of Equity Warrants in a sentence

• Each Equity Warrant Certificate shall evidence one or more Equity Warrants.

• Subsequent to the original issuance of an Equity Warrant Certificate evidencing Equity Warrants, the Equity Warrant Agent shall countersign a new Equity Warrant Certificate evidencing such Equity Warrants only if such Equity Warrant Certificate is issued in exchange or substitution for one or more previously countersigned Equity Warrant Certificates evidencing such Equity Warrants or in connection with their transfer, as hereinafter provided.

• In the event that the Company shall purchase, redeem or otherwise acquire any Equity Warrants after the issuance thereof, the Equity Warrant Certificate shall thereupon be delivered to the Equity Warrant Agent and be canceled by it.

• The Equity Warrant Agent agrees to comply with all applicable federal and state laws imposing obligations on it in respect of the services rendered by it under this Agreement and in connection with the Equity Warrants, including (but not limited to) the provisions of United States federal income tax laws regarding information reporting and backup withholding.

• Notwithstanding any of the provisions of this Agreement, any Holder may, without the consent of the Equity Warrant Agent, enforce and may institute and maintain any suit, action or proceeding against the Company suitable to enforce, or otherwise in respect of his right to exercise his Equity Warrants as provided in the Equity Warrants and in this Agreement.

More Definitions of Equity Warrants

Equity Warrants means the warrants issued under Warrant Tranche 1 and Warrant Tranche 2 to the Consenting Holders as part of the Comprehensive Settlement Distribution, as more fully described in Article IV.D of the Plan.

Equity Warrants has the meaning ascribed to such term in the Subscription Receipt Agreement;

Equity Warrants means the warrants issued pursuant to the Series A Preferred Stock and Warrant Purchase Agreement, dated as of May 30, 1997, as amended by that certain First Amendment to Preferred Stock and Warrant Purchase Agreement dated as of July 11, 1997, as further amended by that certain Second Amendment to Preferred Stock and Warrant Purchase Agreement dated as of October 27, 1997, as further amended by that certain Third Amendment to Preferred Stock and Warrant Purchase Agreement dated as of October 31, 1997, and as further amended by that certain Fourth Amendment to Preferred Stock and Warrant Purchase Agreement dated as of the date hereof (as such may be amended, restated, supplemented or otherwise modified from time to time), among the Issuer, Creditanstalt, FF-ITP, L.P. and certain shareholders of the Issuer named therein.

Equity Warrants as set forth in Section 1 of the Warrant Agreement is hereby deleted in its entirety and the following definition is substituted in lieu thereof:

Equity Warrants means the warrants issued pursuant to the Purchase Agreement.

Equity Warrants means warrants to purchase Common Stock previously issued by the Company that contain full-ratchet anti-dilution adjustment provisions.

Equity Warrants means the Warrants issued to the Holders of Interests in Class 8, pursuant to the terms of the Warrant Agreement.