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First Tranche Warrant definition

First Tranche Warrant means those Warrants issued for an --------------------- initial aggregate of 298,492 Warrant Shares by the Company on May 15, 2001, as amended by Amendment Number One to First Tranche Warrant Certificate.
First Tranche Warrant means a warrant to purchase one share of Common Stock at $0.45 per share exercisable immediately upon issuance through December 31, 2016, and subject to the terms and conditions of the form of Warrant attached hereto as Exhibit A.
First Tranche Warrant has the meaning set forth in Section 2.1(B).

Examples of First Tranche Warrant in a sentence

  • Each First Tranche Warrant will entitle the holder thereof to purchase one Common Share at a price of $0.28 until May 26, 2022.

  • The Warrant Certificate amended hereby shall be deemed to be ----- called the "First Tranche Warrant Certificate" for purposes of the Warrant and Registration Rights Agreement.

  • Each whole First Tranche Warrant will entitle the holder thereof to purchase one Common Share at a price of $0.28, for a period of 2 years following the closing date.

  • Upon the terms and subject to the conditions set forth in the Purchase Agreement, the Purchaser has (i) made an investment in the Company at the First Tranche Closing by acquiring the First Tranche Note, the First Tranche Warrant and the First Tranche Common Shares; and (ii) agreed to make a further investment in the Company at the Second Tranche Closing by acquiring the Second Tranche Warrant and, unless a Company Option Event occurs, the Second Tranche Note.

  • The provisions of Sections 14.1 through 14.6 and 14.8 through 14.10 of the First Tranche Warrant are hereby incorporated mutatis mutandis.

  • In the event that the First Tranche Warrant is exercised in part, at the date of each exercise, a percentage of the remaining portion of the purchase price shall be paid in an amount equal to (A)(i) the percentage of the First Tranche Warrant being exercised MULTIPLIED BY (ii) fifty percent (50%) of the purchase price PLUS (B) interest from the Closing Date at the rate of seven percent (7%) per annum.

  • In connection therewith, all of the MGM names and logos were transferred to the Company’s predecessor and the License was granted back to MGM MIRAGE’s predecessor on an exclusive royalty-free basis.

  • Each whole First Tranche Warrant will entitle the holder thereof to purchase one Common Share at a price of$0.28 until May 26, 2022.

  • Subscription Rights Each First Tranche Warrant shall entitle TOC, at any timeduring the exercise period, to subscribe for one Warrant Share at S$0.24.

  • The Common Shares, Preferred Shares, First Tranche Warrants and Second Tranche Warrants are intended to be treated for U.S. federal income tax purposes as an investment unit consisting of 2,253,000 shares of Common Stock, 13,997 shares of Preferred Stock, First Tranche Warrants to initially acquire an aggregate of up to 8,125 First Tranche Warrant Preferred Shares and Second Tranche Warrants to initially acquire an aggregate of up to 8,125 Second Tranche Warrant Preferred Shares.


More Definitions of First Tranche Warrant

First Tranche Warrant means those Warrants purchased by the Purchaser on the Closing Date pursuant to Section 1.03.
First Tranche Warrant means a detachable warrant to acquire shares of Common Stock in the form attached as Exhibit C to the Agreement.
First Tranche Warrant means a warrant, substantially in the form attached hereto as Exhibit B, to purchase a number of shares of Common Stock equal to the quotient obtained by dividing (i) the product of (A) 0.3 and (B) the First Tranche Note Amount by (ii) the First Tranche Conversion Price, rounded to the nearest whole number, at a price per share initially equal to the First Tranche Conversion Price.
First Tranche Warrant means that certain Warrant, dated as of the date hereof, by and between the Borrower and the Lender, providing for, among other things, Xxxxxx’s right to purchase 6,545,338.45 shares of common stock, par value $0.001 per share, of the Borrower. “Foreign Pension Plan” means a registered pension plan which is subject to applicable pension legislation other than ERISA or the Code, which a Loan Party or Subsidiary sponsors or maintains, or to which it makes or is obligated to make contributions. “Foreign Plan” means each Foreign Pension Plan, “employee benefit plan” (within the meaning of Section 3(3) of ERISA), deferred compensation or other retirement or superannuation plan, fund, program, agreement, commitment or arrangement whether oral or written, funded or unfunded, sponsored, established, maintained or contributed to, or required to

Related to First Tranche Warrant

  • First Tranche means the amount of the Loan allocated to the category entitled “First Tranche” in the table set forth in Part B of Schedule 1 to this Agreement.

  • Existing Warrants means any warrants to purchase Common Stock outstanding on the date of this Agreement.

  • 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.

  • Closing Warrants shall have the meaning ascribed to such term in Section 2.1(a)(ii).

  • Series C Warrants means, collectively, the Common Stock purchase warrants delivered to the Purchasers at Closing in accordance with Section 2.2(a) hereof, which Warrants shall be exercisable immediately and have a term of exercise equal to three (3) years, in the form of Exhibit C attached hereto.

  • VWAP Purchase Share Percentage means, with respect to any particular VWAP Purchase Notice pursuant to Section 1(c) hereof, the percentage set forth in the VWAP Purchase Notice which the Buyer will be required to buy as a specified percentage of the aggregate shares traded on the Principal Market during normal trading hours up to the VWAP Purchase Share Volume Maximum on the VWAP Purchase Date subject to Section 1(c) hereof but in no event shall this percentage exceed thirty percent (30%) of such VWAP Purchase Date’s share trading volume of the Common Stock on the Principal Market during normal trading hours.

  • New Convertible Notes means the Company’s 5.0% Senior Unsecured Convertible Notes due 2023.

  • Series D Warrants means series D share purchase warrants of the Corporation issued to RTIH on May 22, 2012 in connection with the 2012 Rights Offering in accordance with the 2012 MoA, the terms of which are more particularly described under the heading “General Development of the Business – Agreements with the Rio Tinto Group – 2012 MoA”.

  • SPAC Warrants means SPAC Private Warrants and SPAC Public Warrants, collectively.

  • Second Tranche means the amount of the Financing allocated to the category entitled “Second Tranche” in the table set forth in Part B of Section II of Schedule 1 to this Agreement.

  • Class B Warrants means 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 and have a term of exercise equal to 5 years, in the form of Exhibit C attached hereto.

  • First Equity Financing Price means (x) if the pre-money valuation of the Company immediately prior to the First Equity Financing is less than or equal to the Valuation Cap, the lowest price per share of the Equity Securities sold in the First Equity Financing or (y) if the pre-money valuation of the Company immediately prior to the First Equity Financing is greater than the Valuation Cap, the SAFE Price.

  • Option Closing Purchase Price shall have the meaning ascribed to such term in Section 2.2(b), which aggregate purchase price shall be net of the underwriting discounts and commissions.

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

  • Accelerated Purchase Share Percentage means, with respect to an Accelerated Purchase made pursuant to Section 2(b) hereof, thirty percent (30%).

  • Company Convertible Notes means the convertible notes issued by the Company pursuant to the convertible note purchase agreement by and among the Company, PA Grand Opportunity Limited and other investors named therein dated June 6, 2016, as amended on June 13, 2016.

  • Alternate VRDP Shares Purchase Agreement means any agreement with a successor liquidity provider replacing the VRDP Shares Purchase Agreement (or any replacement therefor) upon its termination in accordance with its terms and containing a Purchase Obligation substantially similar to the Purchase Obligation therein, as determined by the Fund.

  • Parent Warrants has the meaning set forth in Section 5.3(a).

  • Commitment Shares shall have the meaning set forth in Section 12.04.

  • Bridge Note means any promissory note issued by Borrower pursuant to the terms of the Bridge Note Agreement.

  • Convertible Note means an instrument issued by a startup company evidencing receipt of money initially as debt, which is repayable at the option of the holder, or which is convertible into such number of equity shares of such startup company, within a period not exceeding five years from the date of issue of the convertible note, upon occurrence of specified events as per the other terms and conditions agreed to and indicated in the instrument;

  • Parent Warrant means each Parent Private Warrant and Parent Public Warrant.

  • Series B Purchase Agreement has the meaning set forth in the Recitals.

  • Closing Shares shall have the meaning ascribed to such term in Section 2.1(a)(i).

  • Purchaser Warrants means Purchaser Private Warrants and Purchaser Public Warrants, collectively.

  • Initial Optional Purchase Date The first Distribution Date following the date on which the Aggregate Stated Principal Balance is less than 10.00% of the Cut-off Date Balance.