Escrow Warrants definition

Escrow Warrants shall have the meaning provided in the Securities Purchase Agreement.
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Escrow Warrants has the meaning ascribed to it in Section 2.2.
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Escrow Warrants means the 551,096 Company Warrants that are subject to the Escrow Agreement.
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Examples of Escrow Warrants in a sentence

  • The Escrow Agent shall have no further duties hereunder after the disbursement or destruction of the Escrow Warrants in accordance with this Section 3.

  • If no new escrow agent is so appointed within the 60 day period following the giving of such notice of resignation, the Escrow Agent may deposit the Escrow Warrants with any court it reasonably deems appropriate.

  • Such resignation shall become effective at such time that the Escrow Agent shall turn over to a successor escrow agent appointed by the Company, the Escrow Warrants held hereunder.

  • The Escrow Agent shall have no further duties hereunder after the disbursement or destruction of the Escrow Warrants in accordance with this Section 3.2.

  • The Insider Purchasers acknowledge that the certificates representing the Escrow Warrants are legended to reflect the deposit of such Escrow Warrants under this Agreement.

  • On or before the Effective Date, the Insider Purchasers shall deliver to the Escrow Agent certificates representing the Escrow Warrants, to be held and disbursed subject to the terms and conditions of this Agreement.

  • During: (A) the Escrow Share Period, no Common Holder shall pledge or grant a security interest in his or its Escrow Shares or grant a security interest in his or its rights under this Agreement; and (B) the Escrow Warrant Period, no Warrant Holder shall pledge or grant a security interest in his or its Escrow Warrants or grant a security interest in his or its rights under this Agreement.

  • Termination for cause shall include an incomplete or inaccurate application for the Micro-Enterprise Assistance funds.11.

  • During the Escrow Period, no sale, transfer or other disposition may be made of any or all of the Escrow Warrants except upon the dissolution and liquidation of an Insider Purchaser and the distribution of assets to its members; provided, however, that such permissive transfers may be implemented only upon the respective transferee’s written agreement to be bound by the terms and conditions of this Agreement and of the Subscription Agreement signed by the Insider Purchaser making the transfer.

  • The Escrow Agent shall have no further duties hereunder with respect to the Escrow Warrants or shares of Common Stock issued upon exercise thereof, if any, after the disbursement or destruction of the Escrow Warrants and/or such shares in accordance with this Section 3.2.


More Definitions of Escrow Warrants

Escrow Warrants means the warrants, issuable in connection with the Financing Transaction, to purchase 3,300,021 shares of Common Stock (as adjusted for anti-dilution protection), which were placed in escrow until the earlier of the satisfaction of the Additional Financing Conditions or September 30, 2008. Because the Company was unable to complete the Exchange Offer and Consent Solicitation on or prior to September 30, 2008, the Escrow Warrants were released pro rata to the investors in the Financing Transaction according to their aggregate principal amount of the Senior Subordinated Secured Notes. The Escrow Warrants will expire on March 31, 2015, and are exercisable at a price of $0.01 per share.
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Escrow Warrants shall have the meaning set forth in Section 3 hereof.
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Escrow Warrants has the meaning set forth in the Escrow Agreement.
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Escrow Warrants means (i) that certain Warrant issued to Dxxxx Xxxxxxx to purchase 450,000 shares of Olympic Common Stock, dated as of the Effective Time, and (ii) all other warrants to purchase shares of Olympic Common Stock that are directly held by Dxxxx Xxxxxxx and/or Pxxxxxx Xxxxxxxxx as of the Effective Time (or thereafter), pursuant to the provisions of the Escrow Agreement.
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Escrow Warrants shall have the meaning set forth in Section 2.1(e).
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Related to Escrow Warrants

  • Escrowed Shares has the meaning set forth in Section 2.4.

  • Escrowed Securities means the direct, noncallable obligations of the United States of America, as described in the Escrow Agreement.

  • Escrow Shares shall be deemed to include the Non-Cash Dividends distributed thereon, if any.

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

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

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

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

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

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

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

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

  • 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”.

  • Book Entry Warrants means Warrants that are to be held only by or on behalf of the Depository;

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

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

  • Initial Warrants means the warrant to purchase shares of common stock of the Issuer issued pursuant to the Initial Warrants Purchase Agreement.

  • 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.

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

  • 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.

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

  • Special Warrants means the special warrants issued by the Company, at a price of $0.10 per Special Warrant, pursuant to the Special Warrant Private Placement and entitling the holder thereof to acquire, for no additional consideration, one Common Share pursuant to the terms and conditions in the Special Warrant Certificates; and

  • 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.

  • Purchaser Securities means the Purchaser Units, the Purchaser Common Stock, the Purchaser Preferred Stock and the Purchaser Warrants, collectively.

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

  • Option Warrants shall have the meaning ascribed to such term in Section 2.2(a).