Initial Warrants definition
Examples of Initial Warrants in a sentence
Collectively, the Initial Warrants and Put Warrants are referred to herein as Warrants.
However, once such individuals or their permitted transferee otherwise transfer such Initial Warrants and Insider Warrants, such Initial Warrants and Insider Warrants shall then be redeemable by the Company pursuant to Section 6 hereof.
Additionally, any of the Initial Warrants and Insider Warrants shall not be redeemable by the Company as long as such Initial Warrants and Insider Warrants continue to be held by the Founders, Insiders or their permitted transferees.
The shares of common stock issuable upon exercise of the Initial Warrants and Insider Warrants shall be unregistered shares.
Each of the Initial Warrant Purchase Agreement and the Initial Warrants shall have been executed and delivered, and the transactions thereunder to be consummated on the Closing Date shall be fully consummated substantially concurrently with the execution and delivery of this Agreement.