Examples of Partnership Warrants in a sentence
Upon satisfaction of the foregoing conditions, the Company shall cause such transfer to be registered with the Warrant Agent for the Partnership Warrants and shall obtain a Company LP Warrant in exchange therefor.
The Partnership has the requisite power and authority to enter into and perform its obligations under the Transaction Documents to which it is a party and to issue the Partnership Warrants and the Partnership Warrant Units in accordance with the terms hereof and thereof.
Upon exercise in accordance with the Partnership Warrants, the Partnership Warrant Units will be validly issued, fully paid and nonassessable and free from all preemptive or similar rights, taxes, liens and charges with respect to the issue thereof, with the holders being entitled to all rights accorded to a holder of Common Units or Subordinated Units, as applicable.
Distribution Warrants will be issued from time to time within fifteen (15) days of the date(s) when GoFish enters into a distribution agreement between GoFish and a third party introduced by KSE and approved by GoFish for purposes of increasing distributing GoFish video content on the Websites Partnership Warrants.
On the Closing Date (as defined below), subject to the terms and conditions of this Agreement, (i) the Partnership shall issue, to each Holder, Partnership Warrants in the amounts set forth on the Schedule of Holders, and (ii) the General Partner shall issue, to each Holder, the General Partner Warrants in the amounts set forth on the Schedule of Holders (the "Closing").
The Units, the Notes, the Partnership Warrants and the Corporate Warrants are referred to herein collectively as the "Securities".
On the Closing Date, all transfer or other taxes (other than income or similar taxes) which are required to be paid in connection with the sale and transfer of the Partnership Warrants to be sold to each Holder hereunder will be, or will have been, fully paid or provided for by the Partnership, and all laws imposing such taxes will be or will have been complied with.
As of the date hereof and for so long as any of the Partnership Warrants or any equity interests in the Partnership issued pursuant to the exercise of the Partnership Warrants are outstanding and held by any of the Holders (or any of its Affiliates), the Partnership is, and will remain, a "qualified publicly traded partnership" as defined in Section 851(h) of the U.S. Internal Revenue Code of 1986, as amended.
GTL agrees, for the benefit of the Holders of the Warrants from time to time and of the Common Stock underlying such Warrants upon exercise thereof, to use the proceeds from the issuance and sale of the Warrants (net of any expenses of the offering of the Units allocable to GTL) to purchase Partnership Warrants from Globalstar.
The Units are to be issued under a Unit Agreement (as defined below), the Notes are to be issued under an indenture (the "Indenture") to be dated as of 2 December 30, 1997 by and among the Note Issuers and United States Trust Company of New York, as trustee (the "Trustee"), the Partnership Warrants are to be issued under the LP Warrant Agreement (as defined below) and the Corporate Warrants are to be issued under the Warrant Co. Warrant Agreement (as defined below).