Examples of July Warrants in a sentence
The July Warrants are exercisable for a period of three years from issuance into common shares at an exercise price of CAD$0.28 per common share.
Additionally, on closing, the Company issued to the Subscribers of the July Convertible Debentures an aggregate of 13,737,500 July Warrants, that represents one-half of one warrant for each CAD$0.24 of Principal amount subscribed.
This was forcefully rejected by Prime Minister May, with the full support of the DUP, whose votes she needed for a majority in the Parliament.She posited the proposal as being akin to the break-up of the UK.
In executing this Agreement, such Purchaser is not acting in reliance on any information contained in that certain draft Registration Statement on Form S-1, which was provided to certain Purchasers, that seeks to register the resale of all shares of Common Stock that were issued by the Company pursuant to that certain Securities Purchase Agreement, dated as of July 31, 2008, between the Company and the purchasers thereunder, together with the shares of Common Stock underlying the July Warrants.
The calculation set forth in the foregoing sentence shall be made without regard to any limitations on exercise of the August Warrants, July Warrants or the Existing Warrants (and such calculation shall assume the August Warrants, July Warrants and the Existing Warrants are then exercisable in full into shares of Common Stock).
In addition, pursuant to the Agreement, the Parties also agreed, among other things, that (i) upon entering into the Agreement, the exercise price of the July Warrants is reduced to $2.655 per share; and (ii) the definition of “Initial Exercisability Date” (as defined in the June Incentive Warrant) is amended to mean August 18, 2021.
The issuance of the July Warrants are duly authorized and, upon issuance in accordance with the terms of this Agreement, the July Warrants shall be validly issued and free from all preemptive or similar rights (except for those which have been validly waived prior to the date hereof), taxes, liens and charges and other encumbrances with respect to the issue thereof.
Upon exercise of the July Warrants in accordance with the July Warrants, the July Warrant Shares when issued will be validly issued, fully paid and nonassessable and free from all preemptive or similar rights, taxes, liens, charges and other encumbrances with respect to the issue thereof, with the holders being entitled to all rights accorded to a holder of Common Stock.
ICRI members are encouraged to promote the GCRMN methods book when supporting the development of monitoring programmes.
PALI acknowledges that such aforementioned hedging and/or trading activities do not constitute a breach of this Agreement, the July Warrants or any of the documents executed in connection herewith.