Subscription Receipt Units definition

Subscription Receipt Units means the units underlying the Subscription Receipts, comprising one Note and 200 2025 Warrants.
Sample 1Sample 2Sample 3
Subscription Receipt Units means the subscription agreement units, issued in connection with the Private Placement Financing, and consisting of one (1) common share and one half (1/2) common share purchase warrant exercisable for a period of three (3) years from satisfaction of certain escrow conditions, at an exercise price of $0.80;
Sample 1
Subscription Receipt Units means the Units to be issued upon the deemed exercise of 4,334,862 subscription receipts of the Company”.
Sample 1

Examples of Subscription Receipt Units in a sentence

  • PSQ (via a wholly owned subsidiary) is currently undertaking a private placement of up to $6 million of Subscription Receipt Units (the “Offering”) as referenced herein.

  • An aggregate of 4,758,340 common shares and 2,379,170 warrants are issuable on conversion of the Subscription Receipt Units, with each whole warrant being exercisable to purchase one common share of the Company at a price of $0.80 for a period of three (3) years from issuance.

  • During January and February 2019, the Company closed four tranches of private placement financing of subscription receipts with the issuance of 4,758,340 Subscription Receipt Units for gross proceeds of $2,379,170.

  • The fair value of the 2,379,170 warrants contained in the Subscription Receipt Units issued on this date was estimated using the Black-Scholes option pricing model at $0.26 per warrant, based on the following assumptions: underlying share price of $0.37 per share, expected annualized volatility of 144.32%; risk-free interest rate of 1.77%; expected dividend yield of 0%; and expected life of 3 years.

  • Each Subscription Receipt was automatically exchanged for one unit of the Corporation (the "Subscription Receipt Units") upon the completion of the Acquisition.

  • Following the satisfaction of certain escrow release conditions, on November 18, 2020, the Subscription Receipts were converted into Subscription Receipt Units resulting in the issuance of an aggregate of 83,066,000 Notes and 16,613,200 2025 Warrants to holders of the Subscription Receipts.

  • The current annual registration fee for lawyers in active status is $105.00, $90.00 of which goes to fund the Disciplinary Commission and the Judges and Lawyers Assistance Commission and $15.00 of which goes to fund the Indiana Supreme Court Commission for Continuing Legal Education.

  • Aris Transaction On February 4, 2021, upon satisfaction of certain escrow release conditions, the Aris Subscription Receipts were converted into Aris Subscription Receipt Units resulting in the issuance of an aggregate of 37,777,778 Common Shares and 37,777,778 2025 Warrants to holders of the Aris Subscription Receipts.

  • On November 6, 2020, the Company filed and obtained a receipt for a final short form prospectus in each of the provinces of Canada, except Québec, which qualified the Subscription Receipt Units for distribution.

Related to Subscription Receipt Units

  • Subscription Receipts means the subscription receipts of the Corporation issued hereunder and to be issued in the form of Subscription Receipt Certificates and evidencing the rights set out in Section 2.2 hereof;

  • Subscription Receipt Agreement means the subscription receipt agreement among the Corporation, the Investor and the Subscription Receipt Agent dated as of [●], 2023;

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

  • Subscription Rights means the subscription rights to purchase Rights Offering Shares.

  • Subscription Receipt Agent means Computershare Trust Company of Canada;

  • Subscription Price has the meaning set forth in Section 2.1.

  • Put Option Receipt means a receipt issued by a Paying Agent to a depositing Noteholder upon deposit of a Note with such Paying Agent by any Noteholder wanting to exercise a right to redeem a Note at the option of the Noteholder;

  • Subscription Form means the form of subscription annexed hereto as Schedule “A”;

  • Subscription means the capital stock of the Bank subscribed to by a member.

  • Subscription Plan means a fixed term plan which relates to the Licensed Services as specified in the PGi Service Agreement

  • Unit Shares means the Common Shares comprising part of the Units;

  • Subscriber Shares means the Shares which the subscribers to the Instrument of the ICAV agree to subscribe for as more particularly hereinafter set forth after their names.

  • ADSs means the rights and interests in the Deposited Property (as hereinafter defined) granted to the Holders and Beneficial Owners pursuant to the terms and conditions of the Deposit Agreement and, if issued as Certificated ADS(s) (as hereinafter defined), the ADR(s) issued to evidence such ADSs. ADS(s) may be issued under the terms of the Deposit Agreement in the form of (a) Certificated ADS(s) (as hereinafter defined), in which case the ADS(s) are evidenced by ADR(s), or (b) Uncertificated ADS(s) (as hereinafter defined), in which case the ADS(s) are not evidenced by ADR(s) but are reflected on the direct registration system maintained by the Depositary for such purposes under the terms of Section 2.13. Unless otherwise specified in the Deposit Agreement or in any ADR, or unless the context otherwise requires, any reference to ADS(s) shall include Certificated ADS(s) and Uncertificated ADS(s), individually or collectively, as the context may require. Each ADS shall represent the right to receive, and to exercise the beneficial ownership interests in, the number of Shares specified in the form of ADR attached hereto as Exhibit A (as amended from time to time) that are on deposit with the Depositary and/or the Custodian, subject, in each case, to the terms and conditions of the Deposit Agreement and the applicable ADR (if issued as a Certificated ADS), until there shall occur a distribution upon Deposited Securities referred to in Section 4.2 or a change in Deposited Securities referred to in Section 4.11 with respect to which additional ADSs are not issued, and thereafter each ADS shall represent the right to receive, and to exercise the beneficial ownership interests in, the applicable Deposited Property on deposit with the Depositary and the Custodian determined in accordance with the terms of such Sections, subject, in each case, to the terms and conditions of the Deposit Agreement and the applicable ADR (if issued as a Certificated ADS). In addition, the ADS(s)-to-Share(s) ratio is subject to amendment as provided in Articles IV and VI of the Deposit Agreement (which may give rise to Depositary fees).

  • Subscription Service means the PROS software applications subscribed to by Customer under an Order and made available online by PROS as described in the Documentation. “Subscription Service” excludes Professional Services and Free Trial Services.

  • Subscribed Shares means, as of any date of determination, the Subscribed Shares (as defined in the recitals to this Subscription Agreement) and any other equity security issued or issuable with respect to the Subscribed Shares by way of stock split, dividend, distribution, recapitalization, merger, exchange, or replacement, and (ii) “Subscriber” shall include any person to which the rights under this Section 5 shall have been duly assigned.

  • VMTP Shares has the meaning set forth in the preamble to this Agreement.

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

  • Subscription Notice has the meaning set forth in Section 1.1.

  • Subscription Term means the initial subscription term and if applicable any renewal subscription term of a Cloud Service identified in the Order Form.

  • Subscription Period means the defined period of time of the Subscription as set forth in an Order Form.

  • Subscription Fee means the Fees payable by IPTV Operator to ZEEL for availing the signals of Zee Group Channels on a monthly basis and calculated as “ZEEL’s Share of MRP” multiplied by average active subscribers for any given month.

  • Units means the units of the Company, each comprised of one share of Common Stock and one-half of one Warrant.

  • Net Shares means the number of shares of Common Stock which will be deposited in a brokerage account in the Grantee’s name at the Company’s designated broker after shares have been withheld to satisfy applicable tax and withholding requirements upon vesting of the Restricted Stock Units.

  • Subscription Software means software provided and hosted in the Computing Environment by SAP on a subscription basis as part of the HEC Subscription offering as identified in the Order Form.

  • Subscription License means a particular type of license to a Software Product that allow s a Customer to use the Software Product for a specified period of time identified in the Quote. For reference, a Software Product that is a Subscription License shall have the word “Subscription” in the Software Product name and/or have the letters “SU” at the end of the product number for the Software Product.

  • 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.