Examples of Seller Warrants in a sentence
Subject to Section 7.2, Seller shall take all reasonable actions necessary to ensure that (i) all Seller Warrants and Non-Plan Options, to the extent not exercised prior to the Effective Time, shall terminate and be canceled as of the Effective Time and thereafter shall be of no further force or effect and (ii) no Seller Warrants and Non-Plan Options are granted after the date hereof.
The Borrower has reserved [______] shares of common stock of the Borrower solely for issuance upon exercise of the Seller Warrants issued pursuant to the terms of the Senior Subordinated Securities Purchase Agreement.
As of immediately prior to the Effective Time, there will be no more than (I) 780,230 Seller Stock Options Outstanding, (II) 15,312 Seller Warrants Outstanding, and (III) 435,676 Seller Restricted Stock Units.
Schedule 2.5 sets forth all amounts to be withheld from any consideration payable pursuant to this Agreement to any holder of Seller Warrants.
Purchaser shall be entitled to deduct and withhold from any consideration payable pursuant to this Agreement to any Seller, including any holder of Seller Warrants, such amounts as may be required to be deducted or withheld under any provision of applicable federal, local or foreign tax law or under any applicable legal requirement, including, but not limited to, any amounts required to have been withheld by the Company or its Subsidiaries in connection with any Seller Warrants.