Short Term Warrant definition

Short Term Warrant means the Common Stock purchase warrants, in the form of Exhibit E delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof, which Warrants shall be exercisable on the date hereof and until the earlier of the 6 month anniversary of the Effective Date and the 13 month anniversary of the date hereof.
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Short Term Warrant means the warrant to purchase additional shares of Preferred Stock and Long Term Warrants, in the form of Exhibit E delivered to Crestview at the Closing in accordance with Section 2.2(a)(vi) hereof, which Short Term Warrants shall be exercisable immediately and have a term of exercise equal to the earlier of (i) the one year anniversary of the Effective Date and (ii) the two year anniversary of the date hereof.
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Short Term Warrant means a warrant registered in the names of the Purchasers to purchase a number of shares of Common Stock equal to 50% of such Purchaser’s Shares, with an exercise price equal to $1.60, subject to adjustment as described therein, and that is exercisable upon satisfaction of the conditions set forth therein and will terminate on the Termination Date (as defined therein), in substantially the form attached as Exhibit B.
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Examples of Short Term Warrant in a sentence

  • On the Closing Date, upon the terms and subject to the conditions set forth herein, the Company agrees to sell, and each Purchaser agrees to purchase, a Debenture in the principal amount equal to such Purchaser's Subscription Amount, and a Long Term Warrant and Short Term Warrant as described in Section 2.2(a).

  • The Company agrees that monetary damages would not be adequate compensation for any loss incurred by reason of a breach by it of the provisions of this Short Term Warrant and hereby agrees to waive the defense in any action for specific performance that a remedy at law would be adequate.

  • If this Short Term Warrant shall have been exercised in part, the Company shall, at the time of delivery of the certificate or certificates representing the Securities, deliver to Holder a new Short Term Warrant evidencing the rights of Holder to purchase the unpurchased Securities called for by this Short Term Warrant, which new Short Term Warrant shall in all other respects be identical with this Short Term Warrant.

  • The Company covenants that the Securities which may be issued upon the exercise of the purchase rights represented by this Short Term Warrant and the Conversion Shares issuable thereunder will, upon exercise of the purchase rights represented by this Short Term Warrant, be duly authorized, validly issued, fully paid and nonassessable and free from all taxes, liens and charges in respect of the issue thereof (other than taxes in respect of any transfer occurring contemporaneously with such issue).

  • Description of the Warrant Units Each Warrant Unit will consist of one Newco Short Term Warrant and one Newco Longer Term Warrant.

  • Subject to compliance with Section 4(a), as to any transfer which may be involved in such division or combination, the Company shall execute and deliver a new Short Term Warrant or Short Term Warrants in exchange for the Short Term Warrant or Short Term Warrants to be divided or combined in accordance with such notice.

  • The Company may at any time during the term of this Short Term Warrant reduce the then current Conversion Price to any amount and for any period of time deemed appropriate by the Board of Directors of the Company.

  • The aggregate number of shares of Preferred Stock sold hereunder (including upon exercise of the Short Term Warrant) shall be up to 7,200.

  • This Short Term Warrant does not entitle the Holder to any voting rights or other rights as a shareholder of the Company prior to the exercise hereof.

  • The Holder acknowledges that the Securities acquired upon the exercise of this Short Term Warrant, if not registered, will have restrictions upon resale imposed by state and federal securities laws.


More Definitions of Short Term Warrant

Short Term Warrant means any one of them;
Sample 1
Short Term Warrant means the Common Stock purchase warrants, in the form of EXHIBIT E delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof, which Warrants shall be exercisable on the date hereof and until the earlier of the 6 month anniversary of the Effective Date and the 13 month anniversary of the date hereof.
Sample 1

Related to Short Term Warrant

  • Short Term Loan means a loan transfer for a period of no fewer than 28 days in any one season.

  • Short-Term Payout means the payout set forth in Section 4.1.

  • short-term debt means debt repayable over a period not exceeding one year;

  • Short-Term Rating has the meaning specified in the Intercreditor Agreement.

  • Short Term means a period of one or less than one (1) year;

  • Short-Term Investments means short-term investments as defined by GAAP.

  • Short-term suspension means any disciplinary action whereby a student is not permitted to attend school for a period not to exceed ten school days.

  • Short-term rental means the provision of a room or space that is suitable or intended for occupancy for dwelling, sleeping, or lodging purposes, for a period of fewer than 30 consecutive days, in exchange for a charge for the occupancy.

  • Short-term employee A person who is employed to perform a service for the District, upon the completion of which the service required or similar services will not be extended or needed on a continuing basis. (Short-term employees include: hourly, casual and temporary classified employees.)

  • Short-Term Deferral Period means the period ending on the later of the 15th day of the third month following the end of the Executive’s tax year in which the separation from service occurs and the 15th day of the third month following the end of the Company’s tax year in which the separation from service occurs; and

  • Short Term Dividend Period means a Special Dividend Period consisting of a specified number of days (other than seven), evenly divisible by seven and not fewer than seven nor more than 364.

  • Short-Term Indebtedness means Utility Indebtedness having an original maturity less than or equal to one year from the date of original incurrence thereof, and not renewable or extendible at the option of the obligor thereon for a term greater than one year beyond the date of original issuance.

  • High Quality Short-Term Debt Instrument means any instrument having a maturity at issuance of less than 366 days and which is rated in one of the highest two rating categories by a Nationally Recognized Statistical Rating Agency (Moody’s and S&P).

  • Short-Term Disability means short-term disability as defined in the Corporation’s short-term disability plan.

  • High Quality Short-Term Debt Instruments means any instrument that has a maturity at issuance of less that 366 days and that is rated in one of the two highest rating categories by a Nationally Recognized Statistical Rating Organization.

  • Short-term acute care facility means a facility or Hospital that provides care to people with medical needs requiring short-term Hospital stay in an acute or critical setting such as for recovery following a surgery, care following sudden Sickness, Injury, or flare-up of a chronic Sickness.

  • Federal short-term rate means the rate of the average market yield on outstanding marketable obligations of the United States with remaining periods to maturity of three years or less, as determined under section 1274 of the Internal Revenue Code, for July of the current year.

  • Short-Term Resource Procurement Target means, for Delivery Years through May 31, 2018, as to the PJM Region, for purposes of the Base Residual Auction, 2.5% of the PJM Region Reliability Requirement determined for such Base Residual Auction, for purposes of the First Incremental Auction, 2% of the of the PJM Region Reliability Requirement as calculated at the time of the Base Residual Auction; and, for purposes of the Second Incremental Auction, 1.5% of the of the PJM Region Reliability Requirement as calculated at the time of the Base Residual Auction; and, as to any Zone, an allocation of the PJM Region Short-Term Resource Procurement Target based on the Preliminary Zonal Forecast Peak Load, reduced by the amount of load served under the FRR Alternative. For any LDA, the LDA Short-Term Resource Procurement Target shall be the sum of the Short-Term Resource Procurement Targets of all Zones in the LDA.

  • Short-Term U.S. Government Securities means U.S. Government Securities maturing within one year of the applicable date of determination.

  • Rule 15c2-12 means Rule 15c2-12 under the Securities Exchange Act of 1934, as amended through the date of this Undertaking, including any official interpretations thereof.

  • Short-Term Money Market Instruments means the following types of instruments if, on the date of purchase or other acquisition thereof by the Corporation, the remaining term to maturity thereof is not in excess of 180 days:

  • Rule 173 “Rule 405”, “Rule 415”, “Rule 424”, “Rule 430B” and “Rule 433” refer to such rules under the Act.

  • Rule 497 refers to Rule 497(c) or 497(h) under the Act, as applicable.

  • Support Terms means the detailed description of the applicable Support Services as specified at xxxxx://xxx.xxx.xxx/corp/legal/.

  • Qualifying Warrants means net share settled warrants to purchase Common Stock that have an exercise price greater than the current Market Value of the issuer’s Common Stock as of their date of issuance, that do not entitle the issuer to redeem for cash and the holders of such warrants are not entitled to require the issuer to repurchase for cash in any circumstance.

  • Rule 159A “Rule 405” and “Rule 415” mean, in each case, such rule promulgated under the Securities Act (or any successor provision), as the same shall be amended from time to time.