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;
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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;
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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;
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Examples of Spinco Warrants in a sentence

  • The Plan Debtors shall use their reasonable best efforts to cause Spinco to use its reasonable best efforts to cause the Spinco Common Stock and the Spinco Warrants to be listed on a United States national securities exchange.

  • Spinco shall reserve for issuance that number of shares of Spinco Common Stock sufficient for issuance upon exercise of the Spinco Warrants.

  • On the Effective Date or as soon as reasonably practicable thereafter, Spinco shall enter into an agreement with the Investors with respect to Spinco Shares and Spinco Warrants containing the same terms as provided in Section 6.4 of the Cornerstone Investment Agreement but replacing references to (A) “the Company” with Spinco, (B) “New GGP Common Stock” with Spinco Common Stock, (C) “Shares” with Spinco Shares and (D) “Warrants” or “New Warrants” with Spinco Warrants.

  • The Spinco Warrants (i) are subject to antidilution adjustments in connection with dividends and certain other events, (ii) provide for a right to require that the warrants be cashed out at a Black-Scholes-based formula value upon certain change in control events and (iii) provide registration rights.

  • Notwithstanding the foregoing, in the event that Spinco files a registration statement covering the resale of shares of Spinco Common Stock for any Other Sponsor prior to such date, Spinco shall include the Spinco Shares and shares of Spinco Common Stock issuable upon exercise of the Spinco Warrants for resale by the Brookfield Investor and its permitted assigns in such registration statement.

  • The New GGP Warrants and the new Spinco Warrants (i) are subject to anti-dilution adjustments in connection with dividends and certain other events, (ii) provide for a right to require that the warrants be cashed out at a Black-Scholes-based formula value upon certain change in control events and (iii) provide registration rights.

  • On the Effective Date and pursuant to the Plan, Spinco will issue 8 million Spinco Warrants to the Investors, each of which will entitle the holder to purchase one share of Spinco Common Stock at an initial exercise price of $50.00 per share, in each case, subject to adjustment as provided in the Warrant and Registration Rights Agreements.

  • Spinco will reserve for issuance that number of shares of Spinco Common Stock sufficient for issuance upon exercise of the Spinco Warrants.

  • We first compute the formula by applying Bayes’ Rule.Proposition 4.1. Qdπ(i)h iPD—1X(m—1)X(m)(i) =j=1 π jh i iρ Σqπ(ℓ) QdPD—1X(m—1) Proof.

  • The following diagrams are included to illustrate the equity holdings following the consummation of the Plan and the Investment Agreements(6):[Remainder of page has been left intentionally blank](6) Blackstone has entered into agreements with the Investors pursuant to which it has agreed to subscribe at closing for approximately 7.6% of the New GGP Common Stock and Spinco Common Stock allocated to each of the Investors and receive an allocation of each Investor’s New GGP Warrants and Spinco Warrants.


More Definitions of Spinco Warrants

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
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Spinco Warrants means warrants to purchase shares of SpinCo Stock.
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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;
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Spinco Warrants means the warrants to purchase Spinco Shares to be exchanged for Orex Warrants under the Arrangement.
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Spinco Warrants has the meaning set forth in the Separation and Distribution Agreement.
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Related to Spinco Warrants

  • 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 upon issuance and have a term of exercise equal to five (5) years from the initial exercise date, in substantially the form of Exhibit A attached hereto.

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

  • 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.

  • Parent Warrants has the meaning set forth in Section 5.3(a).

  • Series D Warrants means series D share purchase warrants of the Corporation issued to RTIH on May 22, 2012 in connection with the 2012 Rights Offering in accordance with the 2012 MoA, the terms of which are more particularly described under the heading “General Development of the Business – Agreements with the Rio Tinto Group – 2012 MoA”.

  • 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.

  • Common Warrant Shares means the shares of Common Stock issuable upon exercise of the Common Warrants.

  • Sponsors’ Warrants means the warrants that are being sold privately by the Company simultaneously with the consummation of the IPO; and (vi) “Trust Fund” shall mean the trust fund into which a portion of the net proceeds of the Company’s IPO will be deposited.

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

  • Series C Warrants means, collectively, the Series C 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 9 months, in the form of Exhibit A attached hereto.

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

  • 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.

  • Agent’s Warrants means the share purchase warrants of the Issuer which will be issued as part of the Agent’s Fee and which have the terms provided in this Agreement and the certificates representing such share purchase warrants;

  • Parent Options means options or other rights to purchase shares of Parent Common Stock issued by Parent.

  • Series A Securities means the Company's Series A 9 3/8% Junior Subordinated Deferrable Interest Debentures due May 1, 2028 as authenticated and issued under this Indenture.

  • Insider Warrants is defined in the preamble to this Agreement.

  • Placement Agent Warrants shall have the meaning set forth in the Subscription Agreement.

  • Series B Securities means the 11-1/2% Senior Notes due 2007, Series B, of the Company to be issued pursuant to this Indenture in exchange for the Series A Securities pursuant to the Registered Exchange Offer and the Registration Rights Agreement.

  • 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.

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

  • Book Entry Warrants means Warrants that are to be held only by or on behalf of the Depository;

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