Seller Warrants definition

Seller Warrants means the Mezzanine Warrant and the Seller Note Warrant, each as defined in and issued by the Borrower to IITRI pursuant to the Asset Purchase Agreement as of the Closing Date.

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Seller Warrants means warrants of the Company evidencing rights to purchase ________ shares of the Company's Common stock (subject to adjustment) issued pursuant to the terms of the Seller Note Securities Purchase Agreement to the holders of the Company's Seller Notes and includes any warrants issued in exchange therefor or in replacement thereof.

Seller Warrants shall have the meaning as set forth in Section 3.5(a) of the Agreement.

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.

• All Seller Stock Options and Seller Warrants were granted at no less than “fair market value” for purposes of Section 409A of the Internal Revenue Code, and each Seller Stock Option and Seller Warrant is exempt from Section 409A of the Internal Revenue Code.

• None of the outstanding shares of capital stock (or other equity interest, including Seller Stock Options, Seller Warrants and Seller Restricted Stock Units) of Seller has been issued in violation of or subject to any preemptive rights or other rights to subscribe for or purchase securities of the current or past shareholders of Seller.

• All of the issued and outstanding shares of capital stock (and other equity interest, including Seller Stock Options, Seller Warrants and Seller Restricted Stock Units) of Seller are duly authorized and validly issued and outstanding, and are fully paid and nonassessable and free of preemptive rights, with no personal liability attaching to the ownership thereof.

• Except for the Seller Options, the Non-Plan Options and the Seller Warrants (all of which are listed in Section 5.3 of the Seller Disclosure Letter), there are not any existing or authorized options, warrants, calls, subscriptions, convertible securities, or other rights, agreements or commitments which obligate Seller to issue, transfer or sell any shares of its capital stock.

More Definitions of Seller Warrants

Seller Warrants means all outstanding warrants to acquire shares of common stock of Seller.

Seller Warrants means those warrants issued by Seller to purchase 1,400 shares of Seller Common Stock at an exercise price of $0.89 per share.

Seller Warrants means the Warrants issued by Seller prior to the date of this Agreement entitling the holders to purchase up to 90,000 shares of Seller Common Stock at a weighted averaged exercise price of $10.00.

Seller Warrants means a warrant to purchase shares of Common Stock issued pursuant to the Seller Warrant Agreement following the assumption of the Seller Warrant Agreement by the Company pursuant to the Purchase Agreement and effective as of the consummation of the Recapitalization Transaction.

Seller Warrants means the Warrant to Purchase Common Stock of Holdings dated October 17, 2005, or any warrant or warrants issued in connection with the partial exercise thereof, in each case as amended from time to time in accordance with the terms hereof and thereof.

Seller Warrants shall have the meaning specified in Section 4.4(c).

Seller Warrants means those certain warrants issued to the Warrant Sellers and exercisable for new shares of the Company Capital Stock, as more fully set forth on Schedule C.