Examples of Issuer Warrants in a sentence
Each Issuer may issue Warrant Linked Notes where the amount payable on redemption is determined by reference to the changes in the value of warrants issued by the Warrant Issuer (Warrants).
The BCI Shares and BCI Warrants issued upon conversion of the Brokered Subscription Receipts were immediately exchanged, without additional consideration or action, for SVS and warrants of the Company ("Resulting Issuer Shares" and "Resulting Issuer Warrants" respectively), on Closing pursuant to the terms of the Definitive Agreement.
After the payment of various commissions and expenses related to the brokered private placement, Bhang Canada was left with net proceeds of CAD$5,201,968 ($3,962,800), which represents the consideration the Company received as consideration for the issuance of the Resulting Issuer Shares and Resulting Issuer Warrants and BCI Broker Warrants and the Company has used the residual method to allocate the proceeds.
As such, the Company has allocated the entire proceeds of $3,962,800 to the Resulting Issuer shares, with no proceeds allocated to the Resulting Issuer Warrants or BCI Broker Warrants.
There are no securities of the Issuer outstanding, other than the Issuer Shares and Issuer Warrants, which have the right to vote generally, or are convertible into or exchangeable for securities having the right to vote generally (as applicable), with the holders of Issuer Shares on any matter.
The Issuer Shares and Issuer Warrants will be placed in escrow and be subject to an escrow agreement attached as referenced in Section 4.
The BSM Shareholders have sought such accounting, legal and tax advice as they have considered necessary to make an informed investment decision with respect to their acquisition of the Issuer Shares and Issuer Warrants.
If the Warrant Triggering Threshold is satisfied, the Resulting Issuer Warrants may be exercised to acquire Resulting Issuer Shares from that date until the expiration of the Resulting Issuer Warrants on the date that is 18 months from the Listing Date.
The BSM Shareholders and their advisors, if any, have been (i) furnished with all materials relating to the business, finances and operations of the Issuer and the offer and exchange of the Issuer Shares and Issuer Warrants that they have requested and (ii) afforded the opportunity to ask all questions of the Issuer as they have in their discretion deemed advisable.
Annual Meeting of the American Educational Research Association, Apr 5, 1994.