Exchange Warrants definition

Exchange Warrants means the Warrants to purchase shares of common stock, par value $0.01 per share, of Quoin Pharmaceuticals, Inc. issued pursuant to the Bridge Securities Purchase Agreement, which upon consummation of the transactions contemplated by the Merger Agreement will be exchanged for identical Warrants issued by the Company to purchase ADSs (with references to shares of such common stock appropriately adjusted to reference ADSs and with share amounts and share prices adjusted to reflect the Exchange Ratio (as defined in the Merger Agreement)), which form is attached as Exhibit F to the Securities Purchase Agreement.

Exchange Warrants. Exchange Warrants" has the meaning assigned thereto in Recital B.

Exchange Warrants means the Common Stock purchase warrants or other Common Stock Equivalent to be issued to the Purchasers upon the occurrence of the Qualified Offering.

Examples of Exchange Warrants in a sentence

• In the event that a holder shall sell or otherwise transfer any of such holder’s Exchange Warrants, each transferee shall be allocated a pro rata portion of such holder’s Authorized Share Allocation.

• Any shares of Common Stock reserved and allocated to any Person which ceases to hold any Exchange Warrants shall be allocated to the remaining holders of Exchange Warrants, pro rata based on the number of shares of Common Stock issuable upon exercise of the Exchange Warrants then held by such holders (without regard to any limitations on exercise).

• The Required Reserve Amount (including, without limitation, each increase in the number of shares so reserved) shall be allocated pro rata among the holders of the Exchange Warrants based on number of shares of Common Stock issuable upon exercise of Exchange Warrants held by each holder on the Closing Date (without regard to any limitations on exercise) or increase in the number of reserved shares, as the case may be (the “Authorized Share Allocation”).

• In the event that any Buyer shall sell or otherwise transfer any of such Buyer’s Exchange Warrants, the transferee shall be allocated a pro rata portion of such Buyer’s Exchange Cap Allocation with respect to such portion of such Exchange Warrants so transferred, and the restrictions of the prior sentence shall apply to such transferee with respect to the portion of the Exchange Cap Allocation so allocated to such transferee.

• The Holder and the Company shall maintain records showing the number of Warrant Shares and Exchange Warrants purchased and the date of such purchases.

More Definitions of Exchange Warrants

Exchange Warrants means all Class A Warrants, Class C-2 Warrants, Class C-4 Warrants, Class C-11 Warrants, Class C-12 Warrants, Class C-14 Warrants and Class C-15 Warrants of the Company outstanding as of the Pricing, as reflected on Schedule F.

Exchange Warrants means the warrants issued under and governed by the Exchange Warrant Agreement.

Exchange Warrants means those certain Exchange Warrants issued by the Company pursuant to the Purchase Agreement.

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

Exchange Warrants as defined in Recital B.

Exchange Warrants has the meaning provided in Subsection 3.1(g).

Exchange Warrants has the meaning set forth in Background.