Examples of Partnership Warrants in a sentence
These warrants are herein referred to as the (Partnership Warrants).
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.
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.
So long as any Holder beneficially owns any Partnership Warrants or Partnership Warrant Units, the Partnership shall maintain its limited partnership existence and shall not be party to any Fundamental Transaction (as defined in the Partnership Warrants) unless the Partnership is in compliance with the applicable provisions governing Fundamental Transactions set forth in the Partnership Warrants.
The only assets of Warrant Co. will be warrants in RAS with the same terms as the Partnership Warrants (the "Warrant Co. LP Warrants" and, together with the Partnership Warrants, the "LP Warrants").
The issuance of the Partnership Warrants is duly authorized and, upon issuance, the Partnership Warrants shall be validly issued and free from all taxes, liens and charges with respect to the issue thereof.
The Units, the Notes, the Partnership Warrants and the Corporate Warrants are referred to herein collectively as the "Securities".
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").
Assuming the accuracy of each of the representations and warranties set forth in Section 2 of this Agreement, the offer and issuance by the Partnership of the Partnership Warrants and the Partnership Warrant Units is exempt from registration under the 1933 Act.
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.