Initial Warrant is a warrant delivered pursuant to this Agreement, evidenced by an instrument substantially the form of Exhibit B-1, as amended, replaced or otherwise modified pursuant to the terms thereof.
Initial Warrant has the meaning set forth in the Recitals.
Initial Warrant or “Initial Warrants” shall mean a warrant or series of warrants to purchase an aggregate number of shares of New Athletics Common Stock equal to the product of (w) one million (1,000,000) multiplied by (x) the Trikon Exchange Ratio, at an exercise price per share of New Athletics Common Stock equal to the quotient obtained by dividing (y) $9.00 by (z) the Trikon Exchange Ratio, issued to VPVP pursuant to the terms of Section 5.1 hereof, which Warrant or Warrants shall be executed and delivered in substantially the form attached hereto as Exhibit A.
Examples of Initial Warrant in a sentence
On the Effective Date, Borrower shall issue the Initial Warrant to Lender, to purchase 500,000 shares of the Borrower’s common stock (subject to adjustment as set forth in the Initial Warrant).
More Definitions of Initial Warrant
Initial Warrant has the meaning set forth in Section 2.3(a).
Initial Warrant is that certain Warrant to Purchase Stock dated as of the Effective Date executed by Borrower in favor of Bank.
Initial Warrant shall have the meaning given in the Recitals.
Initial Warrant shall have the meaning set forth in the recitals to this Agreement.
Initial Warrant shall have the meaning set forth in Section 2.1(a).
Initial Warrant has the meaning set forth in the recitals herein.
Initial Warrant is defined in the second recital.