Examples of Series 1 Warrants in a sentence
Class 11 shall receive a total distribution of 366,159 shares of New Common Stock, 124,496 New Series 1 Warrants, and 124,496 New Series 2 Warrants.
The Company represents and warrants that it has received, prior to the Effective Time, written consents from four holders of Series 1 Warrants to an exchange of such Series 1 Warrants for Parent Warrants.
By its signature hereunder, Parent expressly assumes (a) the obligation to deliver Parent Warrants at the Effective Time to the holders of Series 1 Warrants who have exchanged their Series 1 Warrants for Parent Warrants and (b) the obligation to issue Parent Common Stock to the holders of Parent Warrants, all in accordance with the provisions of this Section 1.7(b)(ii).
The Company shall not take any action that would cause the number of authorized but unissued shares of Common Stock to be less than the number of such shares required to be reserved hereunder for issuance upon exercise of the Series 1 Warrants.
This Warrant is exchangeable, upon the surrender hereof by the Registered Holder at the principal office of the Company, for new Series 1 Warrants of like tenor representing in the aggregate the purchase rights hereunder, and each of such new Series 1 Warrants shall represent such portion of such purchase rights as is designated by the Registered Holder at the time of such surrender.