Examples of GE Warrants in a sentence
At the time of the Closing, the sale and issuance of the Securities, the GE Warrants, the Series C Preferred Stock, the Series B Conversion Shares, the Series C Conversion Shares, the Series D Preferred Stock, the Series D Conversion Shares, the Warrant Shares and the GE Warrant Shares shall be legally permitted by all laws and regulations to which the Company and the Purchaser are subject.
The GE Warrants are exercisable for an aggregate cost of $3 billion ($22.25/share).
Except as set forth on SCHEDULE 4.6, no consent or approval of any Person is required to be obtained or made by the Company or any Subsidiary that could affect the validity of the issuance of the Series B Preferred Stock, the Series C Preferred Stock, the Series D Preferred Stock, the Warrants, the GE Warrants, the Warrant Shares or the GE Warrant Shares.
The Company shall take at all times such corporate action as shall be necessary in order that the Company may validly and legally issue fully paid and non-assessable shares of Common Stock or Series D Preferred Stock (as the case may be) upon the conversion of shares of Series B Preferred Stock, Series C Preferred Stock, and Series D Preferred Stock and the exercise of the then outstanding Warrants and GE Warrants.
We continue to hold the GE Warrants, which expire on October 16, 2013.
Through and including the Second Closing, the Company shall not become a party to any agreement which by its terms violates the terms of the GE Purchase Agreement, the terms of the Series B Preferred Stock as set forth in the Series B Certificate of Designation, the terms of the Series C Preferred Stock as set forth in the Series C Certificate of Designation, the terms of the Series D Preferred Stock as set forth in the Series D Certificate of Designation, or the terms of the GE Warrants.
All of the GE Warrants have been duly authorized, are fully paid and nonassessable and were issued in compliance with all applicable federal and state securities laws.
As of August 31, 1999, there were outstanding: (i) 87,949,101 Shares (including 9,282,300 treasury Shares and vested rights to 3,835 Shares pursuant to the Directors Plan); (ii) GE Warrants to purchase an aggregate of 262,753 Shares (all of which were exercisable); (iii) employee and director stock options to purchase an aggregate of 11,173,389 Shares; (iv) GE Options to purchase an aggregate of 22,500 Shares (all of which were exercisable); and (v) no shares of preferred stock.
In the first quarter of 2013, the terms of the GE Warrants and the GS Warrants were amended to provide solely for cashless exercises, whereupon we would receive shares of GS and GE common stock based on the excess, if any, of the market prices, as defined, over the exercise prices, without payment of additional consideration.
When originally issued, the GS Warrants were exercisable until October 1, 2013 for an aggregate cost of $5 billion ($115/share), and the GE Warrants were exercisable until October 16, 2013 for an aggregate cost of $3 billion ($22.25/share).