Examples of Second Warrant Shares in a sentence
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.
All expenses incurred in connection with the registration of the Second Warrant Shares, including without limitation all registration and qualification fees, accounting fees, fees and disbursements of counsel for the Company, and reasonable fees and expenses of a single special counsel for the Holder, up to a maximum of $25,000, will be borne by the Company.
The term "Registrable Securities" as defined in the Agreement is hereby amended to include without limitation the Second Warrant Shares at any time the Second Warrant Shares are shares of Common Stock of the Company and any shares of Common Stock of the Company issued as a dividend or other distribution on or with respect to or in exchange for or replacement of the Second Warrant Shares.
February 4, 1992 Page 5 the Eligible Owner in such demand, the effectiveness of a registration in respect of the offer and sale of the Registrable Warrant Shares referred to in such demand; provided that only six such demands may be made in total under this subsection 2(c), and only three may be made by an Eligible Owner With Respect to the First Warrant Shares, and only three may be made by an Eligible Owner With Respect to the Second Warrant Shares.
The Second Warrant Shares have been duly authorized by the Company, and, when issued in accordance with the terms and conditions of the Second Warrant, such Second Warrant Shares will be validly issued, fully paid and nonassessable.
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.
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.
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).
Notwithstanding the foregoing, upon a Change in Control (as defined below), the Warrant to purchase the Second Warrant Shares shall become immediately exercisable.
The term "Registrable Securities" as defined in the Agreement is hereby amended to include, without limitation, the Second Warrant Shares and any shares of Common Stock or other securities or rights to acquire Common Stock or other securities of the Company issued as a dividend or other distribution on or with respect to, or in exchange for or replacement of, the Second Warrant Shares.