Fee Warrants definition

Fee Warrants means the warrants to purchase 200,000 New Common Shares with the terms and conditions set forth in Plan Exhibits H-2 and H-3, to be issued on the Effective Date by Reorganized ICG to the lenders under the New Senior Subordinated Term Loan in connection with the Exit Financing.
Sample 1Sample 2Sample 3
Fee Warrants means transferable common share purchase warrants of the Company to acquire such number of Common Shares as is equal to 8.5% of the number of total issued and outstanding Common Shares of the Company on the Closing Date, with each warrant being exercisable into one Common Share at an exercise price of $0.10 per share until the date that is three years from the date of issuance of the Fee Warrants;
Sample 1
Fee Warrants means the warrants provided to be delivered to the Initial Purchasers at Closing, in accordance with the term sheet for the Notes.
Sample 1

Examples of Fee Warrants in a sentence

  • This Agreement shall automatically terminate at the end of the Commitment Period provided the Fee and, if applicable, the Additional Commitment Fee have been paid and the Fee Warrants, and if applicable, Additional Fee Warrants have been issued.

  • If the Investor accepts any request for Additional Commitment, the Investor will deliver an executed copy of the acceptance in the form set out at Exhibit F to the Company and the Company will be required to pay the Additional Commitment Fee and issue the Additional Fee Warrants to the Investor in accordance with clause 4.2. The Additional Commitment will not be effective until the Additional Commitment Fee is paid and Additional Fee Warrants are issued.

  • The Investor acknowledges and agrees that each private placement of Common Shares and the payment of the Fee or any Additional Fee and issuance of the Fee Warrants or Additional Fee Warrants, will be subject to approval of the Exchange if required by the Listing Rules and there can be no guarantee that the Exchange will approve any issuance of Common Shares or Warrants beyond the first private placement.

  • On the Closing Date, the Investor will make the Commitment effective in consideration for payment of the Fee and issuance of the Fee Warrants.


More Definitions of Fee Warrants

Fee Warrants has the meaning specified in the Recitals hereto.
Sample 1
Fee Warrants means the Globalstar Warrants or the GTL Warrants, as the case may be.
Sample 1
Fee Warrants means more than one Fee Warrant;
Sample 1
Fee Warrants shall have the meaning specified in Section 5B hereof.
Sample 1
Fee Warrants means nominal strike warrants issued to the restructuring lenders under the International Override Agreement equal in aggregate on conversion to 1% of the Company’s fully diluted share capital as at the date of the International Override Agreement.
Sample 1

Related to Fee Warrants

  • 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.

  • Additional Warrants means such further warrants as may be required or permitted to be issued by the Company in accordance with Condition 5 (such further warrants to rank pari passu with the Original Warrants and for all purposes to form part of the same series), each such Additional Warrant entitling the holder thereof to subscribe for one (1) New Share at such price as may be determined in accordance with Condition 5, upon and subject to the Conditions;

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

  • Series A Warrants means, collectively, the Common Stock purchase warrants delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof, which Warrants shall be exercisable immediately from the Closing Date and have a term of exercise equal to five (5) years, in the form of Exhibit A attached hereto.