Examples of Second Warrant Shares in a sentence
The Company has agreed to list, and will use its reasonable best efforts to maintain the listing of, the Warrant Shares and Second Warrant Shares on Nasdaq consistent with the terms of the Securities Purchase Agreement.
The Company covenants that all Warrant Shares and Second Warrant Shares so issuable and deliverable shall, upon issuance and the payment of the applicable Exercise Price in accordance with the terms hereof, be duly and validly authorized, issued, fully paid and nonassessable.
Upon full exercise of the Second Subscription Rights attached to the Second Warrants with Second Mandatory Exercise Rights, a total of 688,275,820 Second Warrant Shares with par value of HK$0.001 each will be issued under the Second Specific Mandate.
Notwithstanding the foregoing, upon a Change in Control (as defined in the Company’s Senior Subordinated Note due 2010, dated the date hereof (the “Note”)), the Warrant to purchase the Second Warrant Shares shall become immediately exercisable.
Upon exercise of the Second Tranche Warrants, in whole or, from time to time, in part, and upon payment of the exercise price therefor, in accordance with the terms of the Second Tranche Warrants, the Purchasers will acquire good and marketable title to the Second Warrant Shares, free and clear of all Liens, and such Second Warrant Shares shall be validly issued, fully paid and nonassessable.
This essentially was the hope of the central banks of the United States and Europe in 2008–2009, with their foray into quantitative easing.
The Warrant may be exercised by the surrender of this Warrant, together with the Notice of Exercise in the form attached hereto, duly completed and executed by the Holder, at the principal office of the Company or at such other office or agency as the Company may designate, accompanied by payment in full of the aggregate Second Exercise Price payable in respect of the Second Warrant Shares purchasable upon such exercise.
In conjunction with the Consolidated Term Loan Agreement, the Corporation issued a warrant certificate and agreement effective December 30, 2002 which gives MRG Entertainment the right to convert a portion of the Consolidated Term Loan into 2,345,000 Common shares of the Corporation at the rate of the lesser of CDN $0.15 or US $0.10 per share (the "Second Warrant" and the "Second Warrant Shares", respectively).
Subject to any adjustments under Section 3 of the Warrant Agreements, the exercise price of the First Warrant Shares shall be equal to either seventeen cents ($0.17) or twenty cents ($0.20) for each Warrant Share exercised under the First Warrants, and the exercise price of the Second Warrant Shares shall be equal to nine and one half ($0.095) cents for each Warrant Share exercised under the Second Warrants, as provided in the Warrant Agreements.
Notwithstanding the foregoing, upon a Change in Control (as defined below), the Warrant to purchase the Second Warrant Shares shall become immediately exercisable.