Examples of Loan Warrants in a sentence
Placement Warrants or Loan Warrants that are transferred to persons other than Permitted Transferees shall upon such transfer cease to be Placement Warrants or Loan Warrants and shall become Public Warrants under this Agreement, including for purposes of Section 9.8 hereof.
However, once such Placement Warrants or Loan Warrants are transferred (other than to Permitted Transferees in accordance with Section 2.6 hereof), the Company may redeem the Placement Warrants or Loan Warrants pursuant to Section 6.1 or 6.2 hereof, provided that the criteria for redemption are met, including the opportunity of the holder of such Placement Warrants or Loan Warrants to exercise the Placement Warrants or Loan Warrants prior to redemption pursuant to Section 6.4 hereof.
All other modifications or amendments, including any amendment to increase the Warrant Price or shorten the Exercise Period and any amendment to the terms of only the Placement Warrants and/or the Loan Warrants, shall require the vote or written consent of the Registered Holders of 65% of the then outstanding Public Warrants.
The Company will reserve and keep available that maximum number of its authorized but unissued securities which are issuable upon exercise of the Warrants, Placement Warrants and Sponsor Loan Warrants outstanding from time to time.
The shares of Common Stock issuable upon exercise of the Sponsor Loan Warrants have been reserved for issuance and upon the exercise of the applicable Sponsor Loan Warrants and upon payment of the consideration therefor, and when issued in accordance with the terms thereof, such shares of Common Stock will be duly and validly authorized, validly issued, fully paid and non-assessable.
The Private Warrants, Working Capital Warrants, and Extension Loan Warrants will be issued in the same form as the Public Warrants.
The Company shall at all times while this Warrant is outstanding, but only prior to the consummation of a Spin-Off and satisfaction of the Company’s obligations pursuant to Section 3.3(b), retain ownership of at least that number of shares of DSW Stock sufficient to permit exercise in full of this Warrant and any other outstanding Conversion Warrants and Term Loan Warrants for shares of DSW Stock.
Each of the Working Capital Warrants and the Extension Loan Warrants shall be identical to the Private Placement Warrants.
The Private Placement Warrants, the Working Capital Warrants and the Extension Loan Warrants shall be identical to the Public Warrants, except that the Private Placement Warrants, the Working Capital Warrants and the Extension Loan Warrants may not be transferred, assigned or sold until thirty (30) days after the completion by the Company of an initial Business Combination (as defined below).
The Company has entered into a warrant agreement with CST with respect to the Warrants underlying the Units, the Placement Warrants, the Sponsor Loan Warrants and certain other warrants that may be issued by the Company substantially in the form filed as an exhibit to the Registration Statement (“Warrant Agreement”).