Shareholder Warrants definition

Shareholder Warrants means the rights to receive an aggregate of 8,695,652 New Common Shares (representing 8% of the New Common Shares on a fully diluted basis, taking into account the exercise of all Noteholder Warrants and all Shareholder Warrants, or approximately 59.36 New Common Shares for 100 Existing Common Shares) if, on or prior to the Warrant Expiry Date, the then current market price of a New Common Share equals or exceeds a barrier price equal to US$1.20 billion divided by the number of New Common Shares outstanding as of the Completion Date on a Fully Diluted Basis, or if such barrier price is not met on or prior to the Warrant Expiry Date, an aggregate number of additional New Common Shares for all Shareholder Warrants representing 0.02% of the New Common Shares on a fully diluted basis, in each case without the payment of additional consideration and in accordance with the terms of the Warrant Indenture.
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Shareholder Warrants means the Warrant, the Mezzanine Warrant, the Detroit Warrant, the Farallon Warrant (when and if issued), and the Rosewood Warrant (when and if issued).
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Shareholder Warrants means those certain warrants to be issued on the Effective Date granting to the Holders of shares of Old Seitel Common Stock as of the Ledger Closing Date the right to purchase shares of Reorganized Seitel Common Stock at the Exercise Price and on the terms and subject to the conditions specified in Article V of this Plan.
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Examples of Shareholder Warrants in a sentence

  • As described above, the Transferring Shareholder Warrants, together with the Subordinated Claim Warrants, constitute the New Arcapita Shareholder Warrants.

  • Any Holder of a Share in Arcapita Bank who does not elect to exchange its Shares for a Pro Rata Share of the Transferring Shareholder Warrants prior to the expiration of the one-year deadline shall retain its Shares in Arcapita Bank and the Pro Rata Share of Transferring Shareholder Warrants which such Holder would have received shall expire and be cancelled.

  • The Subordinated Claim Warrants, together with the Transferring Shareholder Warrants described below, constitute the New Arcapita Shareholder Warrants.

  • In effecting the sale of any New Common Shares or Shareholder Warrants for Fractional Holders, the Depositary Agent will exercise its sole judgment as to the timing and manner of sale and will not be obligated to seek or obtain a minimum price.

  • In the aggregate, the New Arcapita Creditor Warrants will entitle the holders thereof to purchase up to 47.5% of the New Arcapita Ordinary Shares, subject to potential dilution by the New Arcapita Shareholder Warrants.

  • Thereafter, the Depositary Agent will forward to each registered holder whose fractional New Common Shares or Shareholder Warrants have been sold, a cheque in Canadian dollars in an amount equal to such holder pro rata interest in the proceeds of sale of all fractional shares and Shareholder Warrants sold (net of applicable withholding taxes).

  • There is currently no public market for the Shareholder Warrants and there can be no assurance that a public market for the Shareholder Warrants will develop after the Effective Date.

  • This equity ownership, which is subject to dilution by the New Arcapita Shareholder Warrants, is intended to provide such Creditors with an equitable allocation of future upside potential of the Reorganized Arcapita Group as compensation for the delay and risk associated with such Creditors’ investment in the Debtors and their reorganization.

  • The New Arcapita Shareholder Warrants will have the same terms as the New Arcapita Creditor Warrants.

  • Although we intend to list the Shareholder Warrants on the TSX, if an active trading market does not develop on such exchange, it could have an adverse effect on the market price of, and your ability to sell, the Shareholder Warrants.


More Definitions of Shareholder Warrants

Shareholder Warrants means those certain warrants to be issued on the Effective Date granting to the Holders of shares of Old Seitel Common Stock the right to purchase shares of Reorganized Seitel Common Stock on the terms and subject to the conditions specified in Article V of the Plan.
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Shareholder Warrants means warrants in the form attached hereto as Exhibit E to purchase in the aggregate 97,500 shares of common stock of the Purchaser, issued by the Purchaser to the Shareholders and exercisable over three years at a per share exercise price of $20.00.
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Shareholder Warrants means the warrants to acquire New Common Shares to be issued pursuant to subsection 3.3(c) of this Plan of Arrangement, which have the terms and are subject to the conditions set out in the Warrant Indenture.
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Related to Shareholder Warrants

  • Purchaser Warrants means Purchaser Private Warrants and Purchaser Public Warrants, collectively.

  • Newco Shares means the common shares in the capital of Newco;

  • Subco Shares means the common shares in the capital of Subco;

  • Broker Warrants has the meaning ascribed to such term in Section 12 hereof;

  • Amalco Shares means the common shares in the capital of Amalco;

  • Common Shareholders means the registered and/or beneficial holders of the Common Shares, as the context requires.

  • Ordinary Shareholder means a holder of ordinary shares;

  • Investor Warrants has the meaning given it in the recitals of this Agreement.

  • Series B Preferred Shares means the Series B Preferred Shares of the Company, par value US$0.0001 per share.

  • Ordinary Shareholders means the holders of the Ordinary Shares of the Company.

  • Pubco Shares means the 15,000,000 fully paid and non-assessable common shares of Pubco, to be issued to the Selling Shareholder by Pubco on the Closing Date;

  • Preferred Shareholders means the holders of Preferred Shares.

  • Preferred Shareholder means any holder of Preferred Shares.

  • Parent Shares means the shares of common stock, par value $1.00 per share, of Parent.

  • Subscription Shares has the meaning ascribed to it in Section 2.1.

  • Series F Preferred Shares means the Series F Preferred Shares of the Company, par value US$0.0001 per share, with the rights and privileges as set forth in the Memorandum and Articles.

  • Parent Warrants means the outstanding warrants to purchase Parent Common Stock.

  • Purchaser Shares means the common shares in the capital of the Purchaser.

  • Series A Preferred Shares means the Series A Preferred Shares of the Company, par value US$0.0001 per share, with the rights and privileges as set forth in the Memorandum and Articles.

  • Common Shares means the common shares in the capital of the Corporation;

  • Preferred Shares means shares of Series A Junior Participating Preferred Stock, par value $.01 per share, of the Company having the rights and preferences set forth in the Form of Certificate of Designations attached to this Agreement as Exhibit A.

  • Merger Shares has the meaning set forth in Section 2.2(c).

  • New Shares means ordinary or common shares, whether of the entity or person (other than the Share Issuer) involved in the Merger Event or a third party, that are, or that as of the Merger Date are promptly scheduled to be, (i) publicly quoted, traded or listed on an exchange or quotation system located in the same country as the Exchange (or, where the Exchange is within the European Union, in any member of state of the European Union) or on another exchange acceptable to the Issuer and (ii) not subject to any currency exchange controls, trading restrictions or other trading limitations.

  • Company Shareholders means holders of Company Shares.

  • Series E Preferred Shares means the Series E Preferred Shares of the Company, par value US$0.0001 per share, with the rights and privileges as set forth in the Memorandum and Articles.

  • Company Shares means the common shares in the capital of the Company;