Plan Warrants definition

Plan Warrants refers to all of the Series of Plan Warrants as a group.

Plan Warrants means warrants exercisable not later than the fourth (4th) anniversary of the Consummation Date entitling the holder thereof to acquire one share of Newco Common Stock, subject to customary anti-dilution protections, based upon an exercise price of seventeen dollars and twenty-five cents ($17.25) per share and otherwise upon the terms and conditions contained in the Plan Warrant Agreement.

Plan Warrants means warrants to purchase common equity of the U.S. Borrower issued in connection with, and pursuant to, the Plan of Reorganization.

Examples of Plan Warrants in a sentence

• Each Series of Plan Warrants has an initial Exercise Price as set forth below.

• Once the funds are determined to be collected funds, the Warrant Agent shall take actions to cause the certificate(s) representing the Shares issued pursuant to the exercise of the Plan Warrants to be issued.

• If any such period of suspension continues past an Expiration Date, all affected Plan Warrants, the exercise of which have been requested on or prior to the Expiration Date and which were accompanied with Good Funds, shall be exercisable upon the removal of such suspension until the close of business on the business day immediately following the expiration of such suspension.

• 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.

• This notice shall set forth the facts to indicate the effect of the action (to the extent the effect may be known at the date of the notice) on the Exercise Price and the kind and amount of the Shares or other property deliverable upon exercise of the Plan Warrants.

More Definitions of Plan Warrants

Plan Warrants means the Series A Warrants and the Series B Warrants issued pursuant to the Plan.

Plan Warrants has the meaning set forth in Section 4.28 of this Agreement

Plan Warrants means warrants for 5% of the New Common Stock of Reorganized Verso Corporation, subject to dilution by the Management Incentive Plan, on the terms set forth in the Warrant Agreement.

Plan Warrants means two (2) year warrants entitling the holders thereof to acquire in the aggregate two million (2,000,000) shares of Newco Common Stock based upon an exercise price of fifteen dollars ($15.00) per share and otherwise upon the terms and conditions contained in the Plan Warrant Agreement.

Plan Warrants means (a) one (1) common stock purchase warrant per dollar of Financing Amount permitting the holder to purchase a certain amount of the Reorganized Debtor’s common stock at an exercise price equal to $0.0002 per share with a cash call option permitting the Reorganized Debtor to redeem such warrant in the event that such warrant is registered in an effective registration statement for a price equal to the exercise price (subject to adjustment per the definitive documents) multiplied by the number of warrants outstanding; and(b) one (1) common stock purchase warrant per dollar of Financing Amount permitting the holder to purchase a certain amount of the Reorganized Debtor’s common stock at an exercise price equal to $0.0004 per share. The Plan Warrants shall include such anti-dilution provisions which are standard for common stock purchase warrants of this type, with the anti-dilution to be terminated upon the Reorganized Debtor’s consummating the listing of its common stock on the NASDAQ Capital Markets or another senior exchange.

Plan Warrants means, collectively, the Class 5 Plan Warrants, the Class 6 Plan Warrants, the Class 9 Plan Warrants, and the Class 13 Plan Warrants.

Plan Warrants means all Warrants other than the Cash-Out Warrants. “Private Placement Legend” has the meaning set forth in Section 2.04(c).