Holdings Warrants definition
Examples of Holdings Warrants in a sentence
Prior to the Effective Date, Avadel shareholder authority will be sought to enable the issuance of its ordinary shares in respect of the outstanding Free Share Rights, the outstanding Stock Options, the outstanding Directors’ Stock Warrants, the Scientific Committee’s Stock Warrants and the Breaking Stick Holdings Warrants.
In addition, the Company shall issue to Holdings, in exchange for the Acquiror Contribution Amount (as defined in the Business Combination Agreement), additional Class X Units and the Holdings Warrants.
Except as provided in the Holdings Certificate of Designation, the Holdings Warrants or the Stockholders' Agreement, no 106 stockholder of Holdings has or will have any preemptive rights to subscribe for any additional equity Securities of Holdings.
On or prior to the Closing Date, Principals and investment funds directly managed by SKC shall have purchased from Holdings, for an aggregate purchase price of $47,000,000, shares of Holdings Preferred Stock, together with the Holdings Warrants.
During the one year period following the Closing, in the event Holdings seeks to or does obtain financing through a sale of its equity securities (which shall exclude any equity financing involving the sale of the equity securities of Holdings to the Cision Owner, the Sponsors or their respective Affiliates) for cash (an "Equity Financing"), Holdings may issue Holdings Common Shares and/or Holdings Warrants in connection with consummating such Equity Financing.