Penalty Warrant definition

Penalty Warrant has the meaning ascribed to such term on the face page of this Agreement;
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Penalty Warrant shall have the meaning set forth in Section 9.2.
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Penalty Warrant has the meaning set forth in SECTION 9.11 below.
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Examples of Penalty Warrant in a sentence

  • The Corporation hereby confirms that [no adjustment has occurred pursuant to the terms of the Special Warrant Indenture / adjustment has occurred pursuant to Section 2.12 of the Special Warrant Indenture such that each holder of a Special Warrant is entitled to receive upon deemed exercise of each Special Warrant, without payment of any additional consideration, an additional one half (1/2) of one Penalty Warrant, and 1.10 Units (inclusive of the Penalty Warrants) per Special Warrant].


More Definitions of Penalty Warrant

Penalty Warrant means, in respect of each Unit, an additional 0.05 Warrants, issuable under the Special Warrant Indenture if the Receipt is not obtained within 60 calendar days of the Closing Date, subject to adjustment in accordance with Article 4 hereof;
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Penalty Warrant means a five-year warrant to purchase 49,000 shares of Common Stock (subject to appropriate adjustment for any stock splits, stock dividends, reorganizations, reclassifications or other similar events by the Company after the date hereof) at a per share exercise price that is equal to the then-prevailing exercise price under the Warrant, and containing substantially similar terms as those contained in the certificate evidencing the Warrant. Capitalized terms defined in the introductory paragraph or the recitals to this Agreement shall have the respective meanings therein provided. Capitalized terms used herein and not otherwise defined herein shall have the meanings set forth in the Purchase Agreement or elsewhere in the Transaction Documents.
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Penalty Warrant shall have the meaning set forth in Section 5.01(a)(3).
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Penalty Warrant means a warrant in favor of Lender or its designee issued by Borrower pursuant to the terms outlined in Section 9.3 hereof for the purchase of a number shares of Common Stock of Borrower equal to the amount specified on Exhibit B-1 or B-2 attached hereto, as applicable, at a price equal to the Warrant Price and substantially in the form of Exhibit C attached hereto.
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Penalty Warrant means those warrants described in paragraph 3(c) of this Agreement.
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Related to Penalty Warrant

  • Company Warrant means a warrant to purchase shares of Company Capital Stock.

  • Parent Warrant means each Parent Private Warrant and Parent Public Warrant.

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

  • Parent Warrants means the outstanding warrants to purchase Parent Common Stock.

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

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

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

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

  • Company Option means an option to purchase shares of Company Common Stock.

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

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

  • Warrant means this Warrant and all Warrants issued in exchange, transfer or replacement thereof.

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

  • Call Warrant As defined in the recitals.

  • New Warrant Agreement means that certain agreement providing for, among other things, the issuance and terms of the New Warrants issued by New Valaris Holdco as set forth in the Restructuring Term Sheet.

  • Series D 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 upon issuance and have a term of exercise equal to five (5) years, in the form of Exhibit C attached hereto.

  • Warrant Securities means this Warrant and the Warrant Shares, collectively.

  • Current Warrant Price means, in respect of a share of Common Stock at any date herein specified, the price at which a share of Common Stock may be purchased pursuant to this Warrant on such date.

  • 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 and have a term of exercise equal to five (5) years, in the form of Exhibit A attached hereto.

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

  • 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 vest and be exercisable ratably commencing on the exercise of the Series B Warrants held by the Purchaser (or its assigns) and have a term of exercise equal to 5 years from the date of issuance, in the form of Exhibit C attached hereto.

  • Company Options means options to purchase shares of Company Common Stock.

  • Warrant Share Delivery Date shall have the meaning set forth in Section 2(d)(i).

  • Warrant Exercise Price means $0.01 per share.

  • this Warrant means, collectively, this Warrant and all other stock purchase warrants issued in exchange therefor or replacement thereof.

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