New Warrants definition
New Warrants means those certain warrants to purchase New Valaris Equity on the terms set forth in the New Warrant Agreement.
New Warrants shall have the meaning set forth in the Warrants.
New Warrants means the warrants contemplated under the New Warrant Agreement.
Examples of New Warrants in a sentence
Warrants) of the Existing Finance Contract shall be amended by inserting "and the New Warrants" after "Warrants".
More Definitions of New Warrants
New Warrants means warrants exercisable for 25.0% of the New Equity (subject to dilution from the Management Incentive Plan) with a seven-year tenor (and no Black-Scholes protection) and at an aggregate equity value strike price equal to $2.025 billion.
New Warrants means the warrants to be issued to holders of Class 5 Claims on the Effective Date, which shall include the principal terms as set forth in Exhibit A-6 hereto.
New Warrants means, collectively, the Tranche A Warrants and the Tranche B Warrants.
New Warrants means two tranches of warrants with the terms and subject to the conditions set forth in the New Warrants Agreement.
New Warrants means, collectively, the New Series A Warrants and the New Series B Warrants.
New Warrants has the meaning set forth in Section 5.09(e).
New Warrants means the Class C Warrant issued pursuant to the Purchase Agreement and any warrants issued upon the exercise or transfer in whole or part of such warrant; and