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 means the warrants contemplated under the New Warrant Agreement.

New Warrants shall have the meaning set forth in the Warrants.

Examples of New Warrants in a sentence

• This Warrant is exchangeable, upon the surrender hereof by the Warrant Holder to the office of the Company specified in or pursuant to Section 9 for one or more New Warrants, evidencing in the aggregate the right to purchase the number of Warrant Shares which may then be purchased hereunder.

• The Company shall take such action as the Company shall reasonably determine is necessary in order to obtain an exemption for, or to qualify the New Warrants and New Warrant Shares for, sale to the Holder at Closing under applicable securities or “Blue Sky” laws of the states of the United States, and shall provide evidence of such actions promptly upon request of any Holder.

• All warranties and representations (as of the date such warranties and representations were made) made herein or in any certificate or other instrument delivered by it or on its behalf under this Agreement shall be considered to have been relied upon by the parties hereto and shall survive the issuance of the New Warrants.

• If required, the Company agrees to timely file a Form D with respect to the New Warrants and New Warrant Shares as required under Regulation D and to provide a copy thereof, promptly upon request of any Purchaser.

• Neither the Company, nor any of its Subsidiaries or affiliates, nor any Person acting on its or their behalf, has engaged in any form of general solicitation or general advertising (within the meaning of Regulation D) in connection with the offer or sale of the New 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 purchase New Class A Common Stock or New Class B Common Stock to be issued by Reorganized Tribune in connection with the implementation of, and as authorized by, this Plan.

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 the New Warrants-A and the New Warrants-B.

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.