Issuance Right definition

Issuance Right has the meaning set forth in the Facility Agreement.
Issuance Right has the meaning ascribed thereto in Section 3.6(a).
Issuance Right means the right of a Receiptholder to be issued, without payment of additional consideration or the undertaking of any further action by the Receiptholder, (i) Common Shares on the basis of the Share Subscription Rate and (ii) Warrants on the basis of the Warrant Subscription Rate, in the circumstances contemplated by Section 3.2(a) or Section 3.3 hereof, as the case may be, all as more particularly provided in this Agreement;

Examples of Issuance Right in a sentence

  • Certificates for the shares issuable upon exercise of the Net Issuance Right and, if applicable, a new warrant evidencing the balance of the shares remaining subject to this Warrant, shall be issued as of the Conversion Date and shall be delivered to the Holder within thirty (30) days following the Conversion Date.

  • The Net Issuance Right may be exercised by the Holder by the surrender of this Warrant at the principal office of the Company together with a written statement (which may be in the form of Exhibit A or Exhibit B hereto) specifying that the Holder thereby intends to exercise the Net Issuance Right and indicating the number of shares subject to this Warrant which are being surrendered (referred to in Section 3(b)(i) hereof as the Converted Warrant Shares) in exercise of the Net Issuance Right.

  • For purposes of Section 10 of this Warrant, shares issued pursuant to the Net Issuance Right shall be treated as if they were issued upon the exercise of this Warrant.

  • Certificates for the shares issuable upon exercise of the Net Issuance Right and, if applicable, a new warrant evidencing the balance of the shares remaining subject to this Warrant, shall be issued as of the Conversion Date and shall be delivered to the Holder within a reasonable time following the Conversion Date.

  • In lieu of exercising this Warrant for cash, the Holder shall have the right to exercise this Warrant or any portion thereof (the "Net Issuance Right") into Common Stock as provided in this Section G.1 at any time or from time to time during the period specified on page one of this Warrant Agreement, hereof by the surrender of this Warrant to the Company with a duly executed and completed Exercise Form marked to reflect net issuance exercise.

  • The Net Issuance Right may be exercised by the Holder by the surrender of this Warrant at the principal office of the Company together with a written statement (substantially in the form attached hereto as Exhibit A or Exhibit B) specifying that the Holder thereby intends to exercise the Net Issuance Right and indicating the number of shares subject to this Warrant which are being surrendered (referred to in Section 3(b)(i) hereof as the Converted Warrant Shares) in exercise of the Net Issuance Right.

  • In lieu of exercising this Warrant for cash, the Holder shall have the right to exercise this Warrant or any portion thereof ( the "Net Issuance Right") into Common Stock as provided in this Section G.1 at any time or from time to time during the period specified on page one of this Warrant Agreement, hereof by the surrender of this Warrant to the Company with a duly executed and completed Exercise Form marked to reflect net issuance exercise.

  • The Net issuance Right may be exercised by the Holder by the surrender of this Warrant at the principal office of the Company together with a written statement (substantially in the form attached hereto as Exhibit A or Exhibit B) specifying that the Holder thereby intends to exercise the Net Issuance Right and indicating the number of shares subject to this Warrant which are being surrendered (referred to in Section 3(b)(i) hereof as the Converted Warrant Shares) in exercise of the Net Issuance Right.

  • The Net Issuance Right may be exercised by the Holder by the surrender of this Warrant at the principal office of the Company together with a written statement (which may be in the form of Appendix I) specifying that the Holder thereby intends to exercise the Net Issuance Right and indicating the number of shares subject to this Warrant which are being surrendered (referred to as the Converted Warrant Shares) in exercise of the Net Issuance Right.

  • The Company may exercise the Issuance Right under the Facility Agreement to sell Notes to the Trust at its discretion at any time up to the Available Amount of the Notes.


More Definitions of Issuance Right

Issuance Right means, with respect to each Subscription Receipt, the right of the holder, or a transferee thereof, to be issued at the Issue Time, without payment of additional consideration or further action, an ACOR Share for each Subscription Receipt held on the Exchange Date, as provided in such right arising immediately if the Escrow Release Conditions are satisfied and the Closing Notice and the Irrevocable Direction have been delivered at or before the Termination Time or otherwise in accordance with this Agreement;
Issuance Right means the right granted by the Trust to the Company, pursuant to the Facility Agreement, to require the Trust to purchase, on one or more occasions, up to the Maximum P-Caps Outstanding Amount of Notes on the terms specified in the Facility Agreement.

Related to Issuance Right

  • Issuance Notice means a written notice delivered to the Agent by the Company in accordance with this Agreement in the form attached hereto as Exhibit A that is executed by its Chief Executive Officer, President or Chief Financial Officer.

  • Preemptive Right has the meaning set forth in Section 5.1 hereof.

  • Issuance Shares means all shares of Common Stock issued or issuable pursuant to an Issuance that has occurred or may occur in accordance with the terms and conditions of this Agreement.

  • Issuance Notice Date means any Trading Day during the Agency Period that an Issuance Notice is delivered pursuant to Section 3(b)(i).

  • Exchange Right has the meaning ascribed thereto in Section 5.1;

  • Right of Repurchase means the Company’s right of repurchase described in Section 7.

  • Series Issuance Date means, with respect to any Series, the date on which the Notes of such Series are to be originally issued in accordance with Section 2.12 and the related Indenture Supplement.

  • Stock Issuance Agreement means the agreement entered into by the Corporation and the Participant at the time of issuance of shares of Common Stock under the Stock Issuance Program.

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

  • Preemptive Rights has the meaning set forth in Section 14.1.

  • Repurchase Option has the meaning set forth in Section 1.3(a) hereto.

  • Put Right has the meaning set forth in Section 8.05(a).

  • Repurchase Right means the right granted to the Corporation in accordance with Article D.

  • Issuance Request means a Letter of Credit request and certificate duly executed by an Authorized Officer of the Borrower, substantially in the form of Exhibit B-2 hereto.

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

  • Excluded Issuance means an issuance and sale of Qualified Capital Stock of Holdings, to the extent such Qualified Capital Stock is used, or the Net Cash Proceeds thereof shall be, within 45 days of the consummation of such issuance and sale, used, without duplication, to finance Capital Expenditures or one or more Permitted Acquisitions.

  • Purchase Right means an option to purchase shares of Common Stock granted pursuant to the Plan.

  • Option Warrants shall have the meaning ascribed to such term in Section 2.2(a).

  • Stock Purchase Right means a right to purchase Common Stock pursuant to Section 11 below.

  • Exempt Issuance means the issuance of (a) shares of Common Stock or options to employees, officers or directors of the Company pursuant to any stock or option plan duly adopted for such purpose, by a majority of the non-employee members of the Board of Directors or a majority of the members of a committee of non-employee directors established for such purpose for services rendered to the Company, (b) securities upon the exercise or exchange of or conversion of any Securities issued hereunder and/or other securities exercisable or exchangeable for or convertible into shares of Common Stock issued and outstanding on the date of this Agreement, provided that such securities have not been amended since the date of this Agreement to increase the number of such securities or to decrease the exercise price, exchange price or conversion price of such securities (other than in connection with stock splits or combinations) or to extend the term of such securities, and (c) securities issued pursuant to acquisitions or strategic transactions approved by a majority of the disinterested directors of the Company, provided that such securities are issued as “restricted securities” (as defined in Rule 144) and carry no registration rights that require or permit the filing of any registration statement in connection therewith during the prohibition period in Section 4.12(a) herein, and provided that any such issuance shall only be to a Person (or to the equityholders of a Person) which is, itself or through its subsidiaries, an operating company or an owner of an asset in a business synergistic with the business of the Company and shall provide to the Company additional benefits in addition to the investment of funds, but shall not include a transaction in which the Company is issuing securities primarily for the purpose of raising capital or to an entity whose primary business is investing in securities.

  • Automatic Exchange Rights means the benefit of the obligation of Parent to effect the automatic exchange of Parent Common Shares for Exchangeable Shares pursuant to Section 5.13.

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

  • Put Shares means all shares of Common Stock issued, or that the Company shall be entitled to issue, per any applicable Put Notice in accordance with the terms and conditions of this Agreement.

  • Issuance Period shall have the meaning specified in paragraph 2B(2).

  • Adjustment Right means any right granted with respect to any securities issued in connection with, or with respect to, any issuance or sale (or deemed issuance or sale in accordance with Section 2) of shares of Common Stock (other than rights of the type described in Section 3 and 4 hereof) that could result in a decrease in the net consideration received by the Company in connection with, or with respect to, such securities (including, without limitation, any cash settlement rights, cash adjustment or other similar rights).

  • Dilutive Issuance Notice shall have the meaning set forth in Section 5(b).