Escrow Warrants definition

Escrow Warrants shall have the meaning provided in the Securities Purchase Agreement.

Escrow Warrants means the 551,096 Company Warrants that are subject to the Escrow Agreement.

Escrow Warrants has the meaning set forth in Section 2.1(c).

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.

• It is the duty of an enforcement authority to exercise its functions in respect of any enforcement measure in such manner as may be necessary or expedient in the opinion of the authority to ensure that the measure is effective, proportionate and dissuasive.

• 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.

• 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.

• The functions π(.) and F(.) may contain market and firm specific, possibly time-varying variables.

• The Escrow Agent shall hold the Escrow Warrants and the shares of Common Stock issued upon exercise of the Escrow Warrants (if any) until the date which is ninety (90) days following the consummation of a Business Combination (such period, the "ESCROW WARRANT PERIOD").

• Promptly following the purchase of the Escrow Warrants, each Warrant Holder shall deliver to the Escrow Agent the Escrow Warrants to be held and disbursed subject to the terms and conditions of this Agreement.

More Definitions of Escrow Warrants

Escrow Warrants has the meaning ascribed to it in Section 2.2.

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.

Escrow Warrants has the meaning set forth in the Escrow Agreement.

Escrow Warrants shall have the meaning set forth in Section 3 hereof.

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.