Examples of First Amendment Warrants in a sentence
In connection with and as additional consideration for entering into the First Amendment and the related Loan Documents upon the terms set forth therein, on the First Amendment Effect Date, Parent shall execute and deliver to each Lender in proportion to each Lender’s Term Loan Commitment as of the First Amendment Effective Date, the First Amendment Warrants.
The First Amendment Warrants shall be non-refundable for any reason and fully earned on the First Amendment Effective Date.
No securities of the same class as the Notes or the First Amendment Warrants have been issued or sold by the Company within the six-month period immediately prior to the date hereof.
No form of general solicitation or general advertising was used by the Company in connection with the offer and sale of the Notes or the First Amendment Warrants, including, but not limited to, articles, notices or other communications published in any newspaper, magazine, or similar medium or broadcast over television or radio, or any seminar or meeting whose attendees have been invited by any general solicitation or general advertising.
The purchase and sale of the Notes and the First Amendment Warrants are exempt from the registration requirements of the Securities Act.
Such Purchaser understands that nothing in this Amendment or any other materials presented to such Purchaser in connection with the acquisition of the Notes and the First Amendment Warrants constitutes legal, tax or investment advice to such Purchaser.
Such Purchaser has consulted such legal, tax and investment advisors as it, in its sole discretion, has deemed necessary or appropriate in connection with its purchase of the Notes and the First Amendment Warrants.
The First Amendment Warrants shall be non- refundable for any reason and fully earned on the First Amendment Effective Date.
Subject to the terms of the First Amendment and the terms of the First Amendment Warrants, Borrower has issued Warrants to purchase in the aggregate, 28,300 shares of the Common Stock, initially, at a price per share equal to the First Amendment Conversion Price.
Upon the occurrence of the First Exercise Trigger Date, the following Warrants will become immediately exercisable: (x) all Commitment Warrants, (y) 50% of the First Amendment Warrants, and (z) 50% of any DDTL Warrants, whether issued before or after the First Exercise Trigger Date.