Incentive Warrants means this Warrant and the other warrants of the Company issued pursuant to, and identified as Incentive Warrants in, that certain Securities Purchase Agreement, dated as of September 25, 1998, by and among the Company and the other signatories thereto (the "Securities Purchase Agreement"). This Warrant is subject to the following terms, provisions and conditions:
Incentive Warrants the ordinary shares issuable pursuant thereto, the “Incentive Warrant Shares” and collectively the “Incentive Warrant Securities”;
Incentive Warrants is defined in the preamble to this Agreement.
Examples of Incentive Warrants in a sentence
As a result, 3,774,466 warrants were exercised under this program and consequently, 3,774,466 Incentive Warrants were issued.
The Incentive Warrants will expire on March 28, 2011 and the fair value assigned upon issuance was $98,350.
No matter what people say we are, onlyby going within us do we come to know ourselves better and can approve or disapprove what others say about us.
As a result of the accelerated expiry date, 9,349,100 warrants were exercised and consequently, 4,674,550 Incentive Warrants were issued.
Any Warrant that is not an Incentive Warrant is referred to herein as a “Non-Qualified Warrant.” The Committee may grant Incentive Warrants only to employees, and any grants of Warrants to any other key persons shall only be Non-Qualified Warrants.
More Definitions of Incentive Warrants
Incentive Warrants. In addition to the Closing Date Warrants, the persons set out in Exhibit A-4 hereto shall receive warrants to purchase one hundred twenty-three thousand two hundred forty-three (123,243) shares of Procera’s Common Stock (the “Incentive Warrants”). Such warrants shall be exercisable if, and only if, all of the milestones and conditions set forth in Exhibit C are met. Such warrants shall be granted to the persons and in the numbers set out in Exhibit A-6 and pursuant to a warrant agreement substantially in the form set out in Exhibit A-5 hereto (the “Incentive Warrant Agreement”).”
Incentive Warrants means the Stock Incentive Option as defined in the Management Agreement (comprising two warrants each for 1,000,000 shares of the Borrower's common stock to be issued to INI pursuant to the Management Agreement).
Incentive Warrants and together with the Public Warrants and the Private Warrants, the “Warrants” and each a “Warrant”); and
Incentive Warrants has the meaning set forth in Section 3.2 below.
Incentive Warrants shall have the meaning ascribed to such term in Section 4.6.
Incentive Warrants. To encourage maximum utilization of the SciQuest system by Dupont, SciQuest shall issue to Dupont, on February 15th 2001, 2002 and 2003, additional warrants to acquire that number of shares of SciQuest common stock determined below, at the price to the public in the initial public offering of SciQuest's common stock (the "Incentive Warrants"). The number of shares of common stock eligible to be purchased pursuant to the Incentive Warrants for each calendar year shall be determined as follows: . For 2000 (which shall consist of the period from the date of this Term Sheet until December 31, 2000), the number of shares shall be equal to the quotient of (i) the annual volume of Qualified Scientific Products sold to Dupont through the SciQuest system divided by (ii) [++++++++]. . For 2001, the number of shares shall be equal to the quotient of (i) the annual volume of Qualified Scientific Products sold to Dupont through the SciQuest system less year 2000 volume) divided by (ii) [++++++++]. . For 2002, the number of shares shall be equal to the quotient of (i) the annual volume of Qualified Scientific Products sold to Dupont through the SciQuest system less year 2001 volume) divided by (ii) [++++++++]. Incentive Warrants shall be exercisable upon issuance. [++++++++++++++++++++]
Incentive Warrants shall have the meaning given in the Recitals hereto.