Jones Act Warrants definition

Jones Act Warrants means, collectively, the Rights Offering Warrants and warrants to be distributed under the Plan on account of allowed Unsecured Notes Claims, which will be distributed in lieu of Common Shares on account of such claims for Jones Act Compliance. For the avoidance of doubt, the Jones Act Warrants do not include the Equity Class Warrants.
Jones Act Warrants means those certain warrants to be issued in lieu of Common Shares with terms reasonably acceptable, in form and substance, to the Debtor and the Requisite Noteholders.
Jones Act Warrants means warrants to purchase a number of shares of Common Stock, which warrants shall have the terms set forth in and as governed by the Jones Act Warrant Agreement. In accordance with the terms of the Jones Act Warrant Agreement, a holder of Jones Act Warrants (or its proposed or purported transferee) who cannot establish to the satisfaction of the Corporation that it is a U.S. Citizen shall not be permitted to exercise its Jones Act Warrants to the extent the receipt of the Common Stock upon exercise thereof would cause such shares of Common Stock to constitute Excess Shares if they were issued. Holders of Jones Act Warrants, as such, shall not have any rights or privileges of stockholders of the Corporation, including, without limitation, any rights to vote, to receive dividends or distributions, to exercise any preemptive rights, or to receive notices, in each case, as stockholders of the Corporation, until they exercise their Jones Act Warrants and receive shares of Common Stock.

Examples of Jones Act Warrants in a sentence

  • Each Eligible Participant will also be offered the right to purchase Reorganized OSG Stock and Reorganized OSG Jones Act Warrants in an oversubscription rights offering, subject to certain limitations and caps, in the event that other Eligible Participants do not elect to purchase their pro rata share of Reorganized OSG Stock and Reorganized OSG Jones Act Warrants in connection with the Rights Offering (such rights, the “Unsubscribed Rights”).

  • An important concern has been the lack of interest in the OEM findings and suggestions on the parts of the EAs in the provinces despite ADB being the largest provider of external financing for irrigation development in WNT and ENT.

  • This has prevented waste, but a reversion to the old method of charging up is undesirable.Experiments have shown that A N FEX mixed with an inert filler is an effective rockbreaker.

  • For the avoidance of doubt, any holder of Allowed Claims to which Jones Act Warrants are issued shall remain obligated to pay the same purchase price therefor and to make such payment at the same time and otherwise on the same termsand conditions as if such holder were purchasing shares of New Equity pursuant hereto.

  • Those Consenting Lenders that do not comply with Jones Act citizenship requirements will receive a combination of Reorganized OSG Stock to the extent permissible and Reorganized OSG Jones Act Warrants (defined below), as determined by the Debtors to the reasonable satisfaction of the Consenting Lenders and the Administrative Agent, in compliance with the Jones Act.

  • While the other interested parties have made statements regarding the impact of anti-dumping duty on the downstream industry, they have failed to quantify the impact of the same.

  • Also, those who are extended responsibility both work and family may find the greatest obstacles in various pursuits of later life.

  • An Eligible Holder of a Class 5 or 6 Claim who is subject to this treatment should recognize gain or loss equal to the difference between (i) the total fair market value of the New Equity, New Jones Act Warrants, Subscription Rights, and New Creditor Warrants received in exchange for its Class 5 or 6 Claim and (ii) the U.S. Holder’s adjusted tax basis in its Class 5 or 6 Claim.

  • All the evidence before me shows that this was standard business practice and there was nothing unusual or excessive about the rates provided by CFBL.

  • The method of allocation of Jones Act Warrants and Common Shares will be set forth in the Acceptable Plan.


More Definitions of Jones Act Warrants

Jones Act Warrants means Warrants, as defined in that certain Jones Act Warrant Agreement, dated as of September 4, 2020, by and between Hornbeck Offshore Services, Inc. and American Stock Transfer & Trust Company.

Related to Jones Act Warrants

  • Placement Agent Warrants shall have the meaning set forth in the Subscription Agreement.

  • Placement Warrants shall have the meaning given in the Recitals hereto.

  • Parent Warrants means the outstanding warrants to purchase Parent Common Stock.

  • Private Placement Warrants shall have the meaning given in the Recitals hereto.

  • Private Placement Warrants Purchase Agreement shall have the meaning given in the Recitals hereto.

  • Private Placement Shares shall have the meaning given in the Recitals hereto.

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

  • SPAC Warrants means SPAC Private Warrants and SPAC Public Warrants, collectively.

  • Subscribed Shares means, as of any date of determination, the Subscribed Shares (as defined in the recitals to this Subscription Agreement) and any other equity security issued or issuable with respect to the Subscribed Shares by way of stock split, dividend, distribution, recapitalization, merger, exchange, or replacement, and (ii) “Subscriber” shall include any person to which the rights under this Section 5 shall have been duly assigned.

  • Initial Warrants means the warrants of the Company to purchase shares of Common Stock underlying the Initial Units issued and outstanding prior to the IPO.

  • Private Warrants means the Warrants the Investors are privately purchasing simultaneously with the consummation of the Company’s initial public offering.

  • Securities Acts means the Securities Act of 1933 and the Securities Exchange Act of 1934.

  • Common Warrants means, collectively, the Common Stock purchase warrants delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof, which Common Warrants shall be exercisable immediately and have a term of exercise equal to five (5) years, in the form of Exhibit A attached hereto.

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

  • Purchased Shares has the meaning set forth in Section 2.01.

  • Series D Warrants means, collectively, the Common Stock purchase warrants delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof, which Warrants shall be exercisable immediately upon issuance and have a term of exercise equal to five (5) years, in the form of Exhibit C attached hereto.

  • Purchaser Securities means the Purchaser Shares, Purchaser Rights, Purchaser Units, Purchaser Warrants, collectively.

  • Closing Warrants shall have the meaning ascribed to such term in Section 2.1(a)(ii).

  • Parent Shares means the shares of common stock, par value $1.00 per share, of Parent.

  • Applicable Securities Laws means the applicable securities legislation of each relevant province and territory of Canada, as amended from time to time, the rules, regulations and forms made or promulgated under any such statute and the published national instruments, multilateral instruments, policies, bulletins and notices of the securities commission and similar regulatory authority of each province and territory of Canada.

  • Forward Purchase Shares shall have the meaning given in the Recitals hereto.

  • Exchange Shares has the meaning set forth in Section 2.01(b).

  • Purchased Stock means a right to purchase Common Stock granted pursuant to Article IV of the Plan.

  • Applicable Securities Law means the securities laws of the United States, including without limitation the Exchange Act and the Securities Act and any applicable securities law of any State of the United States (and any rules or regulations promulgated thereunder), in each case as may be in effect from time to time.

  • 1933 Securities Act means the Securities Act of 1933 of the United States, as amended, and the rules and regulations thereunder, and any comparable or successor laws or regulations thereto.

  • Released Securities means Shares of Restricted Stock with respect to which all applicable restrictions have expired, lapsed, or been waived.