Facility Warrants definition

Facility Warrants means the common share purchase warrants to be issued on each applicable Closing Date, each warrant being exercisable into one Common Share at the Facility Warrant Exercise Price for a period of five (5) years from the applicable Closing Date, in the form of warrant certificate attached hereto as Exhibit 3;

Facility Warrants issuable by the Company to the Holder pursuant to the subscription agreement dated March 18, 2019 between the Company and the Holder (the “Subscription Agreement”).

Facility Warrants means the Warrants to Purchase Common Stock issued pursuant to the Facility Agreement, collectively, including all warrants issued in exchange, transfer or replacement thereof, and as any of the foregoing may be amended, restated, supplemented or otherwise modified from time to time.

Examples of Facility Warrants in a sentence

• Upon issuance, the Commitment Warrants and Facility Warrants will be detached from this Convertible Debenture.

• The Investor agrees that during the term of this Subscription Agreement, and so long as the Investor holds Commitment Warrants or Facility Warrants, that it will not engage in “short selling” of Common Shares.

• Pursuant to the merger agreement, each of the following transactions will occur: • MBI shall use its reasonable efforts to, at least thirty (30) days prior to the effective time of the merger, deliver notice of the transactions contemplated by the merger agreement to the holders of the Credit Facility Warrants in accordance with the terms of the Credit Facility Warrants.

• On any given trading day, the Investor agrees to limit its trading in Common Shares to no more than 20% of the daily volume of the trading of the Common Shares on the CSE on the trading day immediately preceding such trade, such daily trade restriction applying to Common Shares issuable on exercise of the Facility Warrants and Commitment Warrants and Common Shares issuable on conversion of Debentures.

More Definitions of Facility Warrants

Facility Warrants means warrants to purchase shares of the common stock of the Company for a purchase of $10.00 per share substantially in the form of Exhibit C.