Plan Warrant definition

Plan Warrant entitles the Warrant Holder to purchase, subject to the terms and conditions set forth in this Plan Warrant Agreement, at any time on or after September 17, 2004, and prior to the close of business on the Expiration Date, but not thereafter (unless the Plan Warrant is earlier the subject of a Call or the Plan Warrant Expiration Date is extended by the Issuer), one fully paid and non-assessable share of an Issuer’s common stock (“Common Stock”), or equivalent security of any successor thereto, at a purchase price equal to the “Exercise Price”, as adjusted, unless lowered by the Issuer as set forth in Article I.
View Source

Examples of Plan Warrant in a sentence

  • Notice to the Warrant Holders of Plan Warrant changes shall be provided in accordance with Article IX.

  • If any Shares issuable upon the exercise of a Plan Warrant require approval of any governmental authority, the applicable Issuer will endeavor to secure such approval; provided that in no event shall such Shares be issued, and an Issuer shall have the authority to suspend the exercise of all Plan Warrants, until such approval has been obtained.

  • The Warrant Holder will pay all taxes attributable to the Plan Warrants or the initial issuance of Shares upon exercise of the Plan Warrants, including any tax that may be payable with respect to any transfer involved in any issue of Warrant Certificates or in the issue of any certificates of Shares upon the exercise of any Plan Warrant in a name other than that of the Warrant Holder.

  • At the time of exercise of any Plan Warrant, any cost for Share issuance and transfer fee is to be paid by the Warrant Holder.

  • Subject to Article V, any Plan Warrant or any multiple of Plan Warrants evidenced by any Warrant Certificate or in Book Entry form may be exercised on or before the Expiration Date.

  • Any such notice must be received before the Expiration Date of the applicable Plan Warrant.

  • A Warrant Holder may transfer and assign their rights to any Plan Warrant provided, however, that any such assignment shall not release the Warrant Holder from their commitments and obligations hereunder unless the obligations are formally assumed by such assignee.

  • In the event a Warrant Holder fails to exercise a Plan Warrant before an Expiration Date or lapse of date specified in a Redemption Notice, the Contingent Agent shall have the rights specified in the Contingent Agent Agreement to act for the Warrant Holder with limitations and with a duty to the Warrant Holder to remit any benefits pro rata to the Warrant Holders of all similarly affected Plan Warrants.

  • The Warrant Holder shall select the method of delivery of the Plan Warrant, as set forth in Section 3.1b) above.

  • Upon the exercise, or conversion of any Plan Warrant, the Warrant Agent, if not the Issuer, shall promptly deposit the payment of the Exercise Price into an escrow account established by mutual agreement of an Issuer and their Warrant Agent at a federally insured commercial bank.

Related to Plan Warrant

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

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

  • Parent Warrant means a warrant to purchase shares of Parent Common Stock.

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

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