Extension Loan Warrants definition

Extension Loan Warrants means Warrants issued to Holders as a result of the conversion of loans made by the Holders or their designees to the Company to extend the period of time of the Company has to consummate a Business Combination.
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Extension Loan Warrants shall have the meaning given in the Recitals hereto.
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Extension Loan Warrants shall have the meaning given in the Recital hereto. “Form S-1” shall have the meaning given in subsection 2.1.1.
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Examples of Extension Loan Warrants in a sentence

  • The Private Placement Warrants, the Working Capital Warrants and the Extension Loan Warrants shall be identical to the Public Warrants, except that the Private Placement Warrants, the Working Capital Warrants and the Extension Loan Warrants may not be transferred, assigned or sold until thirty (30) days after the completion by the Company of an initial Business Combination (as defined below).

  • Each of the Working Capital Warrants and the Extension Loan Warrants shall be identical to the Private Placement Warrants.

  • The Company agrees that the redemption rights provided in this Section 6 shall not apply to (i) the Private Warrants, the Working Capital Warrants and the Extension Loan Warrants if at the time of the redemption such Warrants continue to be held by the initial purchasers or their permitted transferees or (ii) Post-IPO Warrants if such warrants provide that they are non-redeemable by the Company.

  • The Private Warrants, Working Capital Warrants, and Extension Loan Warrants will be issued in the same form as the Public Warrants.

  • The Company agrees that the redemption rights provided in this Section 6 shall not apply to (i) the Private Warrants, Extension Loan Warrants and Working Capital Warrants if at the time of the redemption such Private Warrants, Extension Loan Warrants or Working Capital Warrants continue to be held by the initial purchasers or their Permitted Transferees or (ii) Post IPO Warrants if such warrants provide that they are non-redeemable by the Company.

  • The Private Warrants, Working Capital Warrants and Extension Loan Warrants will be issued in the same form as the Public Warrants but they (i) will not be redeemable by the Company and (ii) may be exercised for cash or on a cashless basis at the holder’s option, in either case as long as they are held by the initial purchasers or their permitted transferees (as prescribed in Section 5.6 hereof).

  • The Company has entered into a warrant agreement with respect to the Warrants, the Placement Warrants, Working Capital Warrants and Extension Loan Warrants, if any, with CST, substantially in the form filed as an exhibit to the Registration Statement (the “Warrant Agreement”).

  • The Company will reserve and keep available that maximum number of its authorized but unissued securities which are issuable upon exercise or conversion, as appliable, of the Warrants, Rights, Placement Warrants, Placement Rights, Working Capital Warrants, Working Capital Rights, Extension Loan Warrants and Extension Loan Rights, if any, outstanding from time to time.

  • The Company agrees that the redemption rights provided in Section 6.1 shall not apply to the Private Placement Warrants, the Working Capital Warrants, the Extension Loan Warrants or the Post-IPO Warrants (if such Post-IPO Warrants provide that they are non-redeemable by the Company).

  • Any amendment solely to the Private Placement Warrants, the Working Capital Warrants, the Extension Loan Warrants or the Post-IPO Warrants shall require the vote or written consent of a majority of the holders of the then outstanding Private Placement Warrants, the Working Capital Warrants, the Extension Loan Warrants or the Post-IPO Warrants, respectively.


More Definitions of Extension Loan Warrants

Extension Loan Warrants means the warrants that may be issued upon the conversion of the Extension Loan to warrants as set forth in the Charter. Such warrants would be identical to the Private Placement Warrants, including as to exercise price, exercisability and exercise period; (v) “Founder Shares” shall mean the 3,737,500 shares of the Company’s Class B common stock, par value $0.0001 per share (up to 487,500 shares of which are subject to complete or partial forfeiture by the Sponsor if the over-allotment option is not exercised in full or in part by the Underwriters); (vi) “Initial Stockholders” shall mean the Sponsor and any Insider that holds Founder Shares; (vii) “Private Placement Warrants” shall mean the Warrants to purchase up to 6,375,000 shares of Common Stock of the Company (or 7,057,500 shares of Common Stock if the over-allotment option is exercised in full by the Underwriters) that the Sponsor has agreed to purchase for an aggregate purchase price of $6,375,000 (or $7,057,500 if the over-allotment option is exercised in full by the Underwriters), or $1.00 per Warrant, in a private placement that shall occur simultaneously with the consummation of the Public Offering; (viii) “Public Stockholders” shall mean the holders of securities issued in the Public Offering; (ix) “Trust Account” shall mean the trust account into which the net proceeds of the Public Offering and certain proceeds from the sale of the Private Placement Warrants shall be deposited, and if applicable, the Extension Loan; and (x) “Transfer” shall mean the (a) sale of, offer to sell, contract or agreement to sell, hypothecate, pledge, grant of any option to purchase or otherwise dispose of or agreement to dispose of, directly or indirectly, or establishment or increase of a put equivalent position or liquidation with respect to or decrease of a call equivalent position within the meaning of Section 16 of the Exchange Act, and the rules and regulations of the Commission promulgated thereunder with respect to, any security, (b) entry into any swap or other arrangement that transfers to another, in whole or in part, any of the economic consequences of ownership of any security, whether any such transaction is to be settled by delivery of such securities, in cash or otherwise, or (c) public announcement of any intention to effect any transaction specified in clause (a) or (b).
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Extension Loan Warrants means the warrants that may be issued in connection with the conversion of any Extension Loans; (viii) “Public Shareholders” shall mean the holders of securities issued in the Public Offering; (ix) “Trust Account” shall mean the trust account into which a portion of the net proceeds of the Public Offering, the sale of the Private Placement Warrants and the Overfunding Loans shall be deposited; and (x) “Transfer” shall mean the (a) sale of, offer to sell, contract or agreement to sell, hypothecate, pledge, grant of any option to purchase or otherwise dispose of or agreement to dispose of, directly or indirectly, or establishment or increase of a put equivalent position or liquidation with respect to or decrease of a call equivalent position within the meaning of Section 16 of the Securities Exchange Act of 1934, as amended, and the rules and regulations of the Commission promulgated thereunder with respect to, any security, (b) entry into any swap or other arrangement that transfers to another, in whole or in part, any of the economic consequences of ownership of any security, whether any such transaction is to be settled by delivery of such securities, in cash or otherwise, or (c) public announcement of any intention to effect any transaction specified in clause (a) or (b).
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Extension Loan Warrants means the warrants that may be issued in connection with an extension of the period of time the Company has to consummate a Business Combination as set forth in the Charter.
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Extension Loan Warrants means the
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Related to Extension Loan Warrants

  • Term Loan A Maturity Date means the earliest of (a) May 24, 2012, or (b) such earlier date upon which the Outstanding Amounts under the Term Loan Facility, including all accrued and unpaid interest, are required to be paid in full in accordance with the terms hereof.

  • Term Loan B Maturity Date means the earliest of (a) May 24, 2014, or (b) such earlier date upon which the Outstanding Amounts under the Term Loan Facility, including all accrued and unpaid interest, are required to be paid in full in accordance with the terms hereof.

  • Revolving Loan Maturity Date means January 1, 2011, unless extended by Lender pursuant to any modification, extension or renewal note executed by the Borrower and accepted by Lender in its sole and absolute discretion in substitution for the Revolving Note.

  • Revolving Loan Facility means the credit facility or portion thereof established by Lender in favor of Borrower for the purpose of providing working capital in the form of loans and/or Letters of Credit to finance the manufacture, production or purchase and subsequent export sale of Items pursuant to Loan Documents under which Credit Accommodations may be made and repaid on a continuous basis based solely on credit availability on the Export-Related Borrowing Base during the term of such credit facility

  • Second Extended Maturity Date has the meaning set forth in Section 2.10.

  • Term Loan Extension Series has the meaning set forth in Section 2.16(a).

  • Revolving Facility Maturity Date means, as the context may require, (a) with respect to the Revolving Facility in effect on the Closing Date, the fifth anniversary of the Closing Date and (b) with respect to any other Classes of Revolving Facility Commitments, the maturity dates specified therefor in the applicable Extension Amendment or Refinancing Amendment.

  • Revolving Maturity Date means the day before the first anniversary of the Closing Date.

  • Term Loan Conversion Date means the Termination Date on which all Revolving Credit Advances outstanding on such date are converted into a term loan pursuant to Section 2.06.

  • Incremental Revolving Loan Lender shall have the meaning provided in Section 2.14(b).

  • Term Facility Maturity Date means, as the context may require, (a) with respect to the Term B Facility in effect on the Closing Date, the Term B Facility Maturity Date and (b) with respect to any other Class of Term Loans, the maturity dates specified therefor in the applicable Incremental Assumption Agreement.

  • Term Loan Maturity Date means the Initial Maturity Date, or, if such date has been extended pursuant to Section 2.15, such later date to which the Term Loan Maturity Date has been extended pursuant to Section 2.15.

  • Term Loan Amount means with respect to any Term Loan Lender, the amount equal to its Term Loan Percentage of the aggregate principal amount outstanding under the Term Loan.

  • Swing Loan Maturity Date means, with respect to any Swing Loan, the earlier of (i) the last day of the period for such Swing Loan as established by the Swing Line Lender and agreed to by the Borrower, which shall be less than 15 days, and (ii) the Revolving Facility Termination Date.

  • Term Loan Commitment is, for any Lender, the obligation of such Lender to make a Term Loan, up to the principal amount shown on Schedule 1.1. “Term Loan Commitments” means the aggregate amount of such commitments of all Lenders.

  • New Term Loan Maturity Date means the date on which a New Term Loan matures.

  • New Revolving Loan Lender shall have the meaning provided in Section 2.14(b).

  • Tranche B Term Loan Maturity Date means June 30, 2022.

  • Term Loan Advance and “Term Loan Advances” are each defined in Section 2.1.1(a).

  • Revolving Loan Commitment means the commitment of a Revolving Lender to make Revolving Loans to Company pursuant to subsection 2.1A(ii), and “Revolving Loan Commitments” means such commitments of all Revolving Lenders in the aggregate.

  • Term Loan Extension Request has the meaning set forth in Section 2.16(a).

  • Incremental Loan Commitment shall have the meaning ascribed to such term in Section 2.22(a).

  • Total Revolving Loan Commitment means, at any time, the sum of the Revolving Loan Commitments of each of the Lenders at such time.

  • Existing Revolving Loans has the meaning specified in Section 2.7(a).

  • Delayed Draw Term Loan Commitment means the Lender’s obligation to make the Delayed Draw Term Loan to the Borrower pursuant to Section 2.01(a), as such amount may be adjusted from time to time in accordance with this Agreement.

  • First Extended Maturity Date has the meaning specified in Section 2.15(a).