ISSUANCE OF WARRANT definition

ISSUANCE OF WARRANT. IMP will grant to TSIL a warrant to purchase, at a per share exercise price equal $0.22, an aggregate of 1,599,000 shares of IMP common stock. The warrant shall be exercisable for a period of three years and have other customary terms, including cashless exercise and anti-dilution for structural changes such as stock splits, stock dividends, reclassifications and the like. STOCKHOLDER SUPPORT: Teamasia Mauritius will vote, or execute a written consent with respect to, all of its shares of IMP common stock in favor of the transactions contemplated by the Investment MOU. At IMP's request, Teamasia Mauritius will execute a voting agreement in form reasonably satisfactory to Teamasia Mauritius. Teamasia Mauritius and its affiliates will take such further action as may be reasonably necessary to grant and obtain stockholder and other requisite approvals, including, without limitation, delivery of a written stockholder consent. The covenant shall attach to and follow the 5,464,408 shares of IMP common stock presently owned by Teamasia Mauritius and any additional shares of IMP common stock subsequently acquired by Teamasia Mauritius or its affiliates. The stockholder consent contained in this paragraph is for the benefit of IMP and the New Investor and may be enforced by either or both of them.
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Examples of ISSUANCE OF WARRANT in a sentence

  • ISSUANCE OF WARRANT SHARES (a) The Company covenants that all Warrant Shares will, upon issuance in accordance with the terms of this Warrant, be (i) duly authorized, fully paid and non-assessable, and (ii) free from all liens, charges and security interests, with the exception of claims arising through the acts or omissions of any Holder and except as arising from applicable Federal and state securities laws.

  • We focus our observations on the Na I absorption doublet (5889.95 A˚ and 5895.92 ˚A, also called the Na D doublet) because it is stronger than any other optical resonance line (e.g. K I, Ca II); most other cosmically abundant resonance lines are produced in the UV and therefore cannot be observed in nearby galaxies with ground-based telescopes.

  • RESERVATION AND ISSUANCE OF WARRANT SHARES........................15 4.11.

  • ISSUANCE OF WARRANT BY COURT HAVING 11-23 GEOGRAPHICAL JURISDICTION.

  • ISSUANCE OF WARRANT BY COURT HAVING 2-4 GEOGRAPHICAL JURISDICTION 2-5 Art.

  • THE EXERCISE OF THE WARRANT AND THE ISSUANCE OF WARRANT SHARES UPON SUCH EXERCISE SHALL BE SUBJECT TO COMPLIANCE BY THE CORPORATION AND HOLDER WITH ALL APPLICABLE REQUIREMENTS OF LAW RELATING THERETO AND WITH ALL APPLICABLE REGULATIONS OF ANY SECURITIES EXCHANGE (OR THE NASDAQ NATIONAL MARKET, IF APPLICABLE) ON WHICH SHARES OF THE COMMON STOCK MAY BE LISTED AT THE TIME OF SUCH EXERCISE AND ISSUANCE.

  • Investments are included at fair value as follows:Unitised pooled investment vehicles have been valued at the latest available bid price or single price provided by the pooled investment manager.

  • SUBJECT TO AND UPON THE TERMS AND CONDITIONS SET FORTH IN THIS AGREEMENT, THE CORPORATION HEREBY ISSUES TO HOLDER AS OF SEPTEMBER 25, 1998 (THE "ISSUE DATE"), A WARRANT (THE "WARRANT") TO PURCHASE UP TO THAT NUMBER OF SHARES OF COMMON STOCK (THE "WARRANT SHARES") AS IS SPECIFIED IN THE ACCOMPANYING NOTICE OF ISSUANCE OF WARRANT (THE "NOTICE OF ISSUANCE") AT THE EXERCISE PRICE PER WARRANT SHARE (THE "EXERCISE PRICE") SPECIFIED IN THE NOTICE OF ISSUANCE.

  • RESERVATION AND ISSUANCE OF WARRANT SHARES........................................................16 4.11.

  • RESERVATION AND ISSUANCE OF WARRANT SHARES............................15 4.11.

Related to ISSUANCE OF WARRANT

  • Warrant means this Warrant and all Warrants issued in exchange, transfer or replacement thereof.

  • Warrant Securities means this Warrant and the Warrant Shares, collectively.

  • Warrant Share Number means at any time the aggregate number of shares of Warrant Stock which may at such time be purchased upon exercise of this Warrant, after giving effect to all prior adjustments and increases to such number made or required to be made under the terms hereof.

  • Warrant Shares means the shares of Common Stock issuable upon exercise of the Warrants.

  • Conversion Securities has the meaning set forth in Section 4.08(b).

  • Warrant Stock means Common Stock issuable upon exercise of any Warrant or Warrants or otherwise issuable pursuant to any Warrant or Warrants.

  • Call Warrant As defined in the recitals.

  • this Warrant means, collectively, this Warrant and all other stock purchase warrants issued in exchange therefor or replacement thereof.

  • Purchase Option As defined in Section 3.18(c).

  • Warrant Purchase Agreement means a warrant purchase agreement under which a Warrant is issued entered into by Borrower and an Affiliate of Lenders contemporaneously with the execution of this Loan Agreement.

  • Common Warrant Shares means the shares of Common Stock issuable upon exercise of the Common Warrants.

  • Warrant Share Delivery Date shall have the meaning set forth in Section 2(d)(i).

  • Warrant ADSs means ADSs representing Warrant Shares.

  • Warrant Certificate means a certificate in substantially the form attached as Exhibit 1 hereto, representing such number of Warrant Shares as is indicated therein, provided that any reference to the delivery of a Warrant Certificate in this Agreement shall include delivery of a Definitive Certificate or a Global Warrant (each as defined below). All other capitalized terms used but not otherwise defined herein shall have the meaning ascribed to such terms in the Warrant Certificate.

  • New Warrant Agreement means that certain agreement providing for, among other things, the issuance and terms of the New Warrants issued by New Valaris Holdco as set forth in the Restructuring Term Sheet.

  • Conversion Shares means, collectively, the shares of Common Stock issuable upon conversion of the shares of Preferred Stock in accordance with the terms hereof.

  • Series A Warrants means, collectively, the Series A Common Stock purchase warrants delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof and the other Series A Warrants contemplated under Section 2.1 to be issued concurrently at the Closing, which Series A Warrants shall be exercisable beginning immediately and have a term of exercise equal to six (6) months, in the form of Exhibit B-1 attached hereto.

  • Exercise Shares means the shares of Common Stock issuable upon exercise of this Warrant.

  • Conversion and “Converted” each refers to a conversion of Advances of one Type into Advances of the other Type pursuant to Section 2.08 or 2.09.

  • Number of Warrants For each Component, as provided in Annex A to this Confirmation. Warrant Entitlement: One Share per Warrant

  • Conversion Share means any share of Common Stock issued or issuable upon conversion of any Note.

  • Warrant Exercise Price means $0.01 per share.

  • Conversion Right has the meaning set forth in Section 4.05(a) hereof.

  • Conversion Shares Registration Statement means a registration statement that registers the resale of all Conversion Shares of the Holders, who shall be named as “selling stockholders” therein and meets the requirements of the Registration Rights Agreement.

  • Adjustment Shares shall have the meaning set forth in Section 11(a)(ii) hereof.

  • Series D Warrants means series D share purchase warrants of the Corporation issued to RTIH on May 22, 2012 in connection with the 2012 Rights Offering in accordance with the 2012 MoA, the terms of which are more particularly described under the heading “General Development of the Business – Agreements with the Rio Tinto Group – 2012 MoA”.