Examples of Series A Preferred Warrant in a sentence
Equity Ownership Chart Class A Common Class B Common Series A Preferred Warrant Initial Paid- Name Total Total Total Total in Capital ---- -------------- -------------- ------------------ ------- ------------- Xxxx Xxxxxxx Xxxxxxx 26,250 ($131,250) 0 0 0 $131,250 Xxxxxx X.
In addition, and whether or not any express assignment has been made, the provisions of this Agreement which are for any Purchaser's benefit as a purchaser or holder of Series A Preferred, Warrant or Underlying Common Stock are also for the benefit of, and enforceable by, any subsequent holder of such Series A Preferred, Warrant or such Underlying Common Stock.
At the Effective Time, each then outstanding and unexercised Company Series A Preferred Warrant will be cancelled, and each holder of such unexercised Company Series A Preferred Warrant will become entitled to receive, in lieu of receiving any Company Series A Preferred Shares, Company Common Shares or shares of Parent or the Surviving Corporation and subject to and in accordance with this Agreement, an amount equal to the Per Share Adjusted CEMC multiplied by 100.
As of the date hereof Holder owns all of the Series A Preferred and Warrants it acquired pursuant to the Purchase Agreement, it has not exercised its Warrants to receive any Warrant Shares, and it has not transferred or agreed to transfer any of its rights or interests in the Series A Preferred, Warrant Shares or Warrants.
The shares of Common Stock issuable upon exercise of the Series A Preferred Warrants have been duly authorized and reserved by the Company and, when issued and delivered upon exercise of the Series A Preferred Warrants in accordance with the terms of the Series A Preferred Warrants and the Series A Preferred Warrant Agreement, will be validly issued, fully paid and non-assessable.
The forgoing formula will result in a minimum aggregate Series A Preferred Warrant Merger Consideration payable to the Holders pursuant to this Section 2(b)(i) of $16,979,235.43.
In addition, each Holder agrees not to transfer, prior to the Annual Meeting, any of the Series A Preferred, Warrant Shares or Warrants owned by such Holder unless the Transferee agrees to and assumes the obligations of such Holder under this Agreement as they relate to the Series A Preferred, Warrant Shares and Warrants held by or transferred or issued to such Transferee or becomes a Holder as provided in Section 11 of this Agreement.
The Company shall obtain, before the Closing, an Acknowledgement and Release Agreement, which may be part of the Letter of Transmittal, from each holder of a Company Series A Preferred Warrant to the treatment of such Option pursuant to this Section 2.13(c).
No other course of dealing between the Company and the holder of any Series A Preferred, Warrant or Underlying Common Stock or any delay in exercising any rights hereunder or under the Articles of Incorporation shall operate as a waiver of any rights of any such holders.