Spinco Warrants definition

Spinco Warrants means common share purchase warrants exercisable into SpinCo Shares to be issued by SpinCo pursuant to the terms of a warrant certificate as based substantially on the terms of the Warrant Certificate with such equitable adjustments as are necessary to give effect to the Separation Transaction;
Spinco Warrants means common share purchase warrants of Spinco, each full Spinco Warrant entitling the holder thereof to purchase one Spinco Share at an exercise price of $0.05 for a period expiring on the earlier of (a) 120 days after the Listing Date, and (b) December 31, 2025;
Spinco Warrants means the warrants of Spinco that will be granted to Former Chemesis Warrantholders pursuant to the Arrangement and will be exercisable for Spinco Common Shares;

Examples of Spinco Warrants in a sentence

  • Any Xxxxxx Xxxxxx Shares traded after the Share Distribution Record Date will represent New Vizsla Silver Shares as of the Effective Date and shall not carry any rights to receive Spinco Shares or Spinco Warrants.


More Definitions of Spinco Warrants

Spinco Warrants means the warrants to purchase Spinco Shares to be exchanged for Orex Warrants under the Arrangement.
Spinco Warrants means the Spinco Shares purchase warrants entitling the holder the acquire one Spinco Share at a price of $0.25 per share between the 24th and the 60th month from the Effective Date. In the event that the Spinco Shares trade at a price exceeding $0.50 for thirty (30) consecutive trading days (the “Acceleration Event”), the Spinco Warrants will expire on the earlier of the date of expiry of the Spinco Warrants and the date which is thirty
Spinco Warrants means share purchase warrants of Spinco, each of which shall entitle the holder to acquire one Spinco Share at an exercise price of C$0.50 for a period of three (3) years from the date of issuance of such Spinco Warrants, provided that in the event that the closing price of the Spinco Shares is equal to or exceeds $1.00 for a period of at least 10 trading days on the principal stock exchange on which such shares trade, Spinco may thereafter at any time disseminate a press release announcing the acceleration of such expiry date to a date that is 30 days following the date of such press release;
Spinco Warrants means warrants to purchase shares of SpinCo Stock.
Spinco Warrants has the meaning set forth in the Separation and Distribution Agreement.

Related to Spinco Warrants

  • SpinCo Shares means the shares of common stock, par value $0.01 per share, of SpinCo.

  • Common Warrants means, collectively, the Common Stock purchase warrants delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof, which Common Warrants shall be exercisable immediately and have a term of exercise equal to five (5) years, in the form of Exhibit A attached hereto.

  • Series B Warrants means, collectively, the Series B Common Stock purchase warrants delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof and the other Series B Warrants contemplated under Section 2.1 to be issued concurrently at the Closing, which Series B Warrants shall be exercisable beginning immediately and have a term of exercise equal to five (5) years, in the form of Exhibit B-2 attached hereto.

  • Class B Warrants means, collectively, the Common Stock purchase warrants in the form of Exhibit C attached hereto delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof, which warrants shall be exercisable immediately and have a term of exercise equal to one year.

  • Option Warrants shall have the meaning ascribed to such term in Section 2.2(a).

  • Existing Warrants means any warrants to purchase Common Stock outstanding on the date of this Agreement.

  • Series A Warrants means, collectively, the Common Stock purchase warrants delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof, which Warrants shall be exercisable immediately from the Closing Date and have a term of exercise equal to five (5) years, in the form of Exhibit A attached hereto.

  • Company Warrants means warrants to purchase shares of Company Common Stock.

  • Class A Warrants means, collectively, the Common Stock purchase warrants delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof, which Warrants shall be exercisable immediately and have a term of exercise equal to five (5) years, in the form of Exhibit A attached hereto.

  • Exchangeable Shares means the exchangeable shares in the capital of the Company, having the rights, privileges, restrictions and conditions set forth herein;

  • Parent Warrant means each Parent Private Warrant and Parent Public Warrant.

  • Private Warrants means the Warrants the Investors are privately purchasing simultaneously with the consummation of the Company’s initial public offering.