New Warrant definition
Examples of New Warrant in a sentence
Upon, and concurrently with, the closing of the transactions contemplated by the amended and restated Loan Agreement (the “Issue Date”), the 361,011 Warrant Shares issued to the Holder pursuant to the Initial Agreement and the Initial Warrant shall be subject to (i) the vesting terms as set forth in Section 2a) of the New Warrant with respect to, as the case may be.
At the Warrant Closing, the Company shall deliver to the Holder the New Warrant, dated as of the Issue Date, duly executed by an authorized representative of the Company.
Initial Warrant Shares, Tranche A Warrant Shares and/or Tranche B Warrant Shares (in each case as defined in the New Warrant) and (ii) an exercise price of $12.17 as set forth in the Section 2d) of the New Warrant.
Upon, and concurrently with, the Issue Date, the Company shall issue to the Holder a new Warrant (the “New Warrant”) reflecting the Holder’s right to purchase up to 133,248 additional Warrant Shares, on the terms and subject to adjustment from time to time as set forth therein, which New Warrant shall be delivered within [***] of the date hereof (the “Warrant Delivery Date”).
The Exercise Price per Warrant Share shall be $18.64 with respect to the up to 133,248 additional Warrant Shares issued pursuant to this Agreement, subject to adjustment from time to time in accordance with the terms of the New Warrant.