Founder Warrant definition

Founder Warrant means the warrant to purchase up to $35,000,000 of ordinary shares of Issuer at a per share price equal to the Merger Consideration (as defined in the Merger Agreement), to be issued to the Founder at the Effective Time.
Founder Warrant means the warrants to purchase outstanding Common Shares directly from Xxxxxx Xxxxxxxxxx and Xxxx Xxxxxxxxx pursuant to the warrants set forth on Schedule 8.1(c).
Founder Warrant means the warrant to purchase Series B Preferred Shares issued by the Company to Winner Crown Holdings Limited pursuant to the Series B Purchase Agreement.

Examples of Founder Warrant in a sentence

  • The Warrant Agent may require any such holder to submit his Founder Warrant for inspection by it.

  • If this Lease or any estate of Lessee hereunder shall be levied upon under any attachment or execution and such attachment or execution is not vacated within sixty (60) days.

  • A copy of this Agreement shall be available at all reasonable times at the office of the Warrant Agent in the Borough of Manhattan, City and State of New York, for inspection by the registered holder of any Founder Warrant.

  • If, by reason of any adjustment made pursuant to this Section 4, the holder of any Founder Warrant would be entitled, upon the exercise of such Founder Warrant, to receive a fractional interest in a share, the Company shall, upon such exercise, round up to the nearest whole number the number of the shares of Common Stock to be issued to the Founder Warrant holder.

  • Upon the occurrence of any event specified in Section 4.1, 4.2, 4.3 or 4.4, then, in any such event, the Company shall give written notice to the Founder Warrant holder, at the last address set forth for such holder in the Founder Warrant Register, of the record date or the effective date of the event.

  • A Founder Warrant does not entitle the registered holder thereof to any of the rights of a stockholder of the Company, including, without limitation, the right to receive dividends, or other distributions, exercise any preemptive rights to vote or to consent or to receive notice as stockholders in respect of the meetings of stockholders or the election of directors of the Company or any other matter.

  • The Warrant Agent shall register the transfer, from time to time, of any outstanding Warrant Certificate upon the Founder Warrant Register, upon surrender of such Warrant Certificate for transfer, properly endorsed with signatures properly guaranteed and accompanied by appropriate instructions for transfer.

  • Except with respect to the right to receive the Redemption Price (as set forth in Section 6 hereunder), each Founder Warrant not exercised on or before the Expiration Date shall become void, and all rights thereunder and all rights in respect thereof under this Agreement shall cease at the close of business on the Expiration Date.

  • The purchase price of each Founder Warrant shall be $1.00 per warrant (the “Purchase Price”), which shall be paid in immediately available funds through wire transfers to the trust account (the “Trust Account”) to be established pursuant to that certain Investment Management Trust Agreement by and between the Company and Continental Stock Transfer & Trust Company (“Continental”).

  • Each Founder Warrant shall be issued in registered form only, shall be in substantially the form of Exhibit A hereto (the “Warrant Certificate”), the provisions of which are incorporated herein and shall be signed by, or bear the facsimile signature of, the Chairman of the Board, the Chief Executive Officer, the Chief Operating Officer or President and Secretary or Assistant Secretary of the Company and shall bear a facsimile of the Company’s seal.


More Definitions of Founder Warrant

Founder Warrant means the warrant to be issued by the Company to Winner Crown Holdings Limited in accordance to Section 5.14.
Founder Warrant means the warrant to be issued by the Company to Winner Crown Holdings Limited in accordance to Section 5.14. “GAAP” means the generally accepted accounting principles of the United States. “Government Entity” means any government or any agency, bureau, board, commission, court, department, official, political subdivision, tribunal or other instrumentality of any government. “Government Official” means any officer or employee of a Government Entity (including, for purposes of this definition, any entity or enterprise owned or controlled by a government), or any Person acting in an official capacity for or on behalf of any such Government Entity.
Founder Warrant means any of the 1,838,683 warrants issued by the Company pursuant to the Subscription Agreement, dated as of April 26, 1996, by and between the Company and the subscribers thereto in connection with the offering of certain bridge financing notes and in connection with the offering of certain additional bridge financing notes in May, June and August, 1996.

Related to Founder Warrant

  • Insider Warrants is defined in the preamble to this Agreement.

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

  • Broker Warrants has the meaning ascribed to such term in Section 12 hereof;

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

  • Common Warrant Shares means the shares of Common Stock issuable upon exercise of the Common Warrants.

  • Warrant means this Warrant and all Warrants issued in exchange, transfer or replacement thereof.

  • Founder Shares shall have the meaning given in the Recitals hereto and shall be deemed to include the shares of Common Stock issuable upon conversion thereof.

  • Warrant Stock means Common Stock issuable upon exercise of any Warrant or Warrants or otherwise issuable pursuant to any Warrant or Warrants.

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

  • Current Warrant Price means, in respect of a share of Common Stock at any date herein specified, the price at which a share of Common Stock may be purchased pursuant to this Warrant on such date. Unless and until the Current Warrant Price is adjusted pursuant to the terms herein, the initial Current Warrant Price shall be $2.36 per share of Common Stock.

  • this Warrant means, collectively, this Warrant and all other stock purchase warrants issued in exchange therefor or replacement thereof.

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

  • Series A Preferred Shares means the Series A Preferred Shares of the Company, par value US$0.0001 per share, with the rights and privileges as set forth in the Memorandum and Articles.

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

  • 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.

  • U.S. Warrantholder means any Warrantholder that is a U.S. Person, acquired Warrants in the United States or for the account or benefit of any U.S. Person or Person in the United States;

  • Warrant Shares means the shares of Common Stock issuable upon exercise of the Warrants.

  • Series F Preferred Shares means the Series F Preferred Shares of the Company, par value US$0.0001 per share, with the rights and privileges as set forth in the Memorandum and Articles.

  • Series B Preferred Shares means the Series B Preferred Shares of the Company, par value US$0.0001 per share.

  • Call Warrant As defined in the recitals.

  • Sponsor Warrants shall have the meaning given in the Recitals hereto.

  • Option Shares shall have the meaning ascribed to such term in Section 2.2(a).

  • Exercise Shares means the shares of Common Stock issuable upon exercise of this Warrant.

  • Sponsors’ Warrants means the warrants that are being sold privately by the Company simultaneously with the consummation of the IPO; and (vi) “Trust Fund” shall mean the trust fund into which a portion of the net proceeds of the Company’s IPO will be deposited.

  • Series D Preferred Shares means the Company’s series D preferred shares, par value US$0.00001 per share.

  • Newco Shares means the common shares in the capital of Newco;