OTM Warrants definition

OTM Warrants shall have the meaning given in the Recitals hereto.
Sample 1Sample 2Sample 3
OTM Warrants means the 1,300,000 warrants issued at a price of $0.10 per warrant, each exercisable to purchase one share of Class A common stock at $15.00 per share;
Sample 1

Examples of OTM Warrants in a sentence

  • Upon each issuance of OTM Warrants in accordance with, and payment pursuant to, the terms of the Warrant Agreement and this Agreement, the OTM Warrants will constitute valid and binding obligations of the Company, enforceable in accordance with their terms.

  • On the date of issuance of the OTM Warrants, the Shares issuable upon exercise of the OTM Warrants shall have been reserved for issuance.

  • Upon issuance in accordance with, and payment pursuant to, the terms hereof and the Warrant Agreement, the OTM Warrants will be duly and validly issued and the Shares issuable upon exercise of the OTM Warrants will be duly and validly issued, fully paid and nonassessable.

  • If they are exposed to a context that makes investing in social capital easier then they will shift their choices in investments to gain and build social capital.Additionally, if they are exposed to a context that makes investing in social capital more difficult the converse will occur and the actors will choose to invest in resource capital.

  • The Company has duly authorized the issuance and sale of the OTM Warrants to the Purchaser.

  • The OTM Warrants are each exercisable to purchase one Class A Ordinary Share at $15.00 per share, and expire ten years after the consummation of the Business Combination.

  • On or prior to the Closing Date and each Option Closing Date, if any, the Company shall have caused the applicable proceeds from the Private Placements to be deposited into the Trust Account in accordance with the Purchase Agreements and the OTM Warrants Agreement.

  • On the Closing Date, the Company shall either, at its option, deliver to the Purchaser on such date certificates evidencing the OTM Warrants purchased by the Purchaser and duly registered in the Purchaser’s name, or effect such delivery in book-entry form.

  • The Company has duly authorized the issuance and sale of the OTM Warrants to the Purchasers.

  • On the Closing Date, the Company shall either, at its option, deliver to the Purchasers on such date certificates evidencing the OTM Warrants purchased by the Purchasers and duly registered in each Purchaser’s name, or effect such delivery in book-entry form.

Related to OTM Warrants

  • SPAC Warrants means SPAC Private Warrants and SPAC Public Warrants, collectively.

  • Series D Warrants means series D share purchase warrants of the Corporation issued to RTIH on May 22, 2012 in connection with the 2012 Rights Offering in accordance with the 2012 MoA, the terms of which are more particularly described under the heading “General Development of the Business – Agreements with the Rio Tinto Group – 2012 MoA”.

  • Common Warrants means, collectively, the Common Stock purchase warrants delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof, which Common Warrants shall be exercisable immediately upon issuance and have a term of exercise equal to five (5) years from the initial exercise date, in substantially the form of Exhibit A attached hereto.

  • Series B Warrants means, collectively, the Series B Common Stock purchase warrants delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof and the other Series B Warrants contemplated under Section 2.1 to be issued concurrently at the Closing, which Series B Warrants shall be exercisable beginning immediately and have a term of exercise equal to five (5) years, in the form of Exhibit B-2 attached hereto.

  • Series C Warrants means, collectively, the Series C Common Stock purchase warrants delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof, which Warrants shall be exercisable immediately and have a term of exercise equal to 9 months, in the form of Exhibit A attached hereto.

  • Existing Warrants means any warrants to purchase Common Stock outstanding on the date of this Agreement.

  • Option Warrants shall have the meaning ascribed to such term in Section 2.2(a).

  • Investor Warrants has the meaning given it in the recitals of this Agreement.

  • Series A Warrants means, collectively, the Common Stock purchase warrants delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof, which Warrants shall be exercisable immediately from the Closing Date and have a term of exercise equal to five (5) years, in the form of Exhibit A attached hereto.

  • Class B Warrants means, collectively, the Common Stock purchase warrants in the form of Exhibit C attached hereto delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof, which warrants shall be exercisable immediately and have a term of exercise equal to one year.

  • Parent Warrants has the meaning set forth in Section 5.3(a).

  • Common Warrant Shares means the shares of Common Stock issuable upon exercise of the Common Warrants.

  • Initial Warrants means the warrant to purchase shares of common stock of the Issuer issued pursuant to the Initial Warrants Purchase Agreement.

  • Purchaser Warrants means Purchaser Private Warrants and Purchaser Public Warrants, collectively.

  • Closing Warrants shall have the meaning ascribed to such term in Section 2.1(a)(ii).

  • Broker Warrants has the meaning ascribed to such term in Section 12 hereof;

  • New Warrants means those certain warrants to purchase New Valaris Equity on the terms set forth in the New Warrant Agreement.

  • Sponsors’ Warrants means the warrants that are being sold privately by the Company simultaneously with the consummation of the IPO; and (vi) “Trust Fund” shall mean the trust fund into which a portion of the net proceeds of the Company’s IPO will be deposited.

  • Company Warrants means warrants to purchase shares of Company Capital Stock.

  • Series B-2 Preferred Shares means the Company’s series B-2 preferred shares, par value US$0.00001 per share.

  • Insider Warrants is defined in the preamble to this Agreement.

  • Placement Agent Warrants shall have the meaning set forth in the Subscription Agreement.

  • Sponsor Warrants shall have the meaning given in the Recitals hereto.

  • Class A Warrants means, collectively, the Common Stock purchase warrants delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof, which Warrants shall be exercisable immediately and have a term of exercise equal to five (5) years, in the form of Exhibit A attached hereto.

  • Special Warrants means the special warrants issued by the Company, at a price of $0.10 per Special Warrant, pursuant to the Special Warrant Private Placement and entitling the holder thereof to acquire, for no additional consideration, one Common Share pursuant to the terms and conditions in the Special Warrant Certificates; and

  • Book Entry Warrants means Warrants that are to be held only by or on behalf of the Depository;