Five Year Warrants definition

Five Year Warrants means the Ordinary Share purchase warrants delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof, which Warrants will be immediately exercisable and will have a term of exercise equal to five (5) years from the date of initial exercisability, in the form of Exhibit C-1 attached hereto.

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Five Year Warrants means the warrants to be issued on the Effective Date pursuant to the terms of the Five-Year Warrant Agreement to purchase 6,908,758 shares of New Common Stock of Reorganized Delphi (which comprises 5% of the fully diluted New Common Stock) at a strike price of $81.73 per share.

Five Year Warrants means, as to each Investor, a warrant to purchase Common Shares in the form attached hereto as Exhibit C.

Examples of Five Year Warrants in a sentence

The Exercise Price, the number of shares covered by each Eight Month Warrant, Five Year Warrant or Pre-Funded Warrant and the number of Eight Month Warrants, Five Year Warrants or Pre-Funded Warrants outstanding are subject to adjustment from time to time as provided in Section 3 of the Eight Month Warrant Certificate, Five Year Warrant Certificate and Pre-Funded Warrant Certificate.
Further, to the extent required in the opinion of legal counsel for the Holding Company, the Holding Company shall have complied with all applicable state securities laws relating to all of such issuances of Holding Company Common Stock and Holding Company Preferred Stock, the Five- Year Warrants and the Seven-Year Warrants.
Concurrent with the execution of this Agreement, Company shall grant to the Consultant two common stock warrants (the “Warrants”) entitling the Consultant to purchase up to (i) 750,000 shares of common stock of Company at $1.50 per share until June 13, 2015 ("Five Year Warrants") and (ii) 250,000 shares of common stock of Company at $1.50 per share until June 13, 2013.
This Agreement, Five Year Warrants, Ten Year Warrants, and the guaranty of Immucor/US have been duly and validly executed and delivered by Immucor/US and constitute Immucor/US's legal, valid and binding obligation, enforceable in accordance with their terms.
The exercise price per share for the Five Year Warrants and Limited Warrants shall be fixed at Closing in an amount equal to the average of the closing bid and asked prices (the "Closing Stock Price") of MTLM's common stock on the Nasdaq National Market System on the last business day preceding the Closing Date.
The Eight Month Warrants, Five Year Warrants and Pre-Funded Warrants shall cease to be exercisable and shall terminate and become void as set forth in the Eight Month Warrant Certificate, Five Year Warrant Certificate and Pre-Funded Warrant Certificate, respectively.
The execution, delivery and performance of this Agreement, the execution and delivery of Five Year Warrants, Ten Year Warrants and the guaranty of Immucor/US and the consummation of the transactions contemplated hereby, have been duly and validly authorized by all necessary action on the part of Immucor/US.
The conversion price of such Debentures and the exercise price of such Five Year Warrants shall be identical to those of the Debentures and Five Year Warrants purchased pursuant to Section 1.1 of this Agreement.
The conversion price of such Debentures and the exercise price of such Five Year Warrants shall be determined using the formula contained in such securities based on the Second Put Closing Date (as defined below).
When issued, the shares of Immucor/US issued pursuant to the Five Year Warrants and the Ten Year Warrants will be legally and validly issued, fully paid and non-assessable.

More Definitions of Five Year Warrants

Five Year Warrants means options, in a form previously approved by the parties, to purchase Immucor's Common Stock at an exercise price (the "Closing Market Price") of the greater of Twelve U.S. Dollars (US$12.00) per share or the last sale price per share reported on the last trading day before the Closing Date as reported in The Wall Street Journal. The number of shares included in the Five Year Warrants shall be the aggregate principal amount of the Notes divided by the Closing Market Price.

Five Year Warrants has the meaning set forth in the Preamble.