Supplemental Warrants definition

Supplemental Warrants means xxxxx warrants issued by Parent to BCUK or its designated affiliate to purchase a number of Class B Units of Parent that (including the Class B Units which were represented by the Existing Warrant) is equal to 10% of the issued and outstanding units of the Parent; provided, that if the SPAC Transaction occurs the number of Class B Units available for purchase under the Supplemental Warrant shall be the number of Class B Units that (including the Class B Units which were represented by the Existing Warrant) upon exchange for shares of common stock in the SPAC (which will automatically occur in connection with the closing of the SPAC Transaction) will be equal to 10% of the total issued and outstanding shares of common stock of the SPAC immediately following the consummation of the SPAC Transaction. For the avoidance of any doubt, the Supplemental Warrant when issued shall be treated as equity for tax purposes.
Supplemental Warrants means warrants for Equity Interests of Griid (or, following the Pre-SPAC Restructuring, Parent) (or, following the SPAC Transaction, the SPAC) which (i) together with the Existing Warrant, represent the applicable percentage of the fully diluted Equity Interests of Griid (or, following the Pre-SPAC Restructuring, Parent) (or, following the SPAC Transaction, the SPAC) set forth on Annex II attached hereto, subject to anti-dilution protection reasonably acceptable to Blockchain if issued prior to the SPAC Transaction, (ii) will have a strike price (a) if the SPAC Transaction shall have occurred equal to Ten Dollars ($10.00) or (b) otherwise, consistent with the most recent 409A valuation at the time of execution and delivery thereof, (iii) up to 75% thereof shall be freely transferrable (other than to Disqualified Institutions) and any remainder thereof shall be freely transferrable to Lenders and their Affiliates, in each case subject to Requirements of Law, (iv) if the SPAC Transaction shall have occurred, shall include demand registration rights, and (v) shall otherwise be on commercially reasonable terms reasonably satisfactory to Blockchain.
Supplemental Warrants means warrants to purchase Common Stock issued pursuant to that certain Supplemental Warrant Agreement to be entered into pursuant to the Stock Purchase Agreement between the Company and the Purchaser as the same may be amended from time to time.

Examples of Supplemental Warrants in a sentence

  • CITY OF GIG HARBOR TEAMSTERS LOCAL 313 Tracie Markley, Mayor Robert A.

  • The Company shall make all filings and reports relating to the offer and sale of the 2014 Supplemental Closing Notes and the 2014 Supplemental Warrants required under applicable securities or “Blue Sky” laws of the State of New York following the 2014 Supplemental Closing Date.

  • Each Investor, severally and not jointly, represents and warrants to the Company that the statements contained in Article 3 of the Purchase Agreement are true and correct as of the 2014 Supplemental Closing Date as though made as of the 2014 Supplemental Closing Date (for this purpose, reading any reference to “Closing Securities” in such Article 3 to refer only to the 2014 Supplemental Closing Notes and the 2014 Supplemental Warrants).

  • The Company agrees to file a Form D with respect to the 2014 Supplemental Closing Notes and the 2014 Supplemental Warrants as required under Regulation D and to provide a copy thereof to the Investors promptly after such filing.

  • The Company represents and warrants that upon satisfaction of the conditions set forth herein, no further action is required to permit the execution and delivery of the Supplemental Warrant Agreement and for the Warrants and the Supplemental Warrants to be deemed issued and outstanding.

  • The 2014 Supplemental Closing Notes shall be substantially in the form attached hereto as Exhibit A-1, and the 2014 Supplemental Warrants shall be substantially in the form attached hereto as Exhibit B-1.

  • Upon the Second Closing, the Warrant Shares issuable upon the exercise of the Supplemental Warrants will be duly authorized and reserved for issuance and, upon exercise of the Supplemental Warrants in accordance with the terms thereof, will be validly issued, fully paid and nonassessable and not subject to any preemptive or similar rights.

  • School Business Report (Verbal)- Treasurer’s Report, September 2022- General Fund Warrant #13- General Fund Supplemental Warrants #12; #14; #16- School Lunch Fund Warrant #4- Federal Fund Warrant #3- 2022-23 Tax Collector’s Report REGULAR AGENDAOther Discussion and Action 1.

  • Each Investor, severally and not jointly, represents and warrants to the Company that the statements contained in Article 3 of the Purchase Agreement are true and correct as of the Eighth Amendment Supplemental Closing Date as though made as of the Eighth Amendment Supplemental Closing Date (for this purpose, reading any reference to “Closing Securities” in such Article 3 to refer only to the Eighth Amendment Supplemental Closing Notes and the Eighth Amendment Supplemental Warrants).

  • The Eighth Amendment Supplemental Closing Notes shall be substantially in the form attached hereto as Exhibit A-1, and the Eighth Amendment Supplemental Warrants shall be substantially in the form attached hereto as Exhibit B-1.


More Definitions of Supplemental Warrants

Supplemental Warrants shall have the meaning set forth in section 2.1(e)(ii).
Supplemental Warrants shall have the meaning set forth in the recitals hereto.
Supplemental Warrants means an aggregate of up to 33,333,333 warrants to purchase initially one share of Common Stock at an exercise price of $0.01 per share as further described in the Supplemental Warrant Agreement.
Supplemental Warrants means the Warrants to purchase Common Stock issued pursuant to that certain Supplemental Warrant Agreement, dated the date hereof, between the Company and the Purchaser.

Related to Supplemental Warrants

  • Additional Warrants means such further warrants as may be required or permitted to be issued by the Company in accordance with Condition 5 (such further warrants to rank pari passu with the Original Warrants and for all purposes to form part of the same series), each such Additional Warrant entitling the holder thereof to subscribe for one (1) New Share at such price as may be determined in accordance with Condition 5, upon and subject to the Conditions;

  • Initial Warrants means the warrant to purchase shares of common stock of the Issuer issued pursuant to the Initial Warrants Purchase Agreement.

  • Special Warrants means the special warrants issued by the Company, at a price of $0.10 per Special Warrant, pursuant to the Special Warrant Private Placement and entitling the holder thereof to acquire, for no additional consideration, one Common Share pursuant to the terms and conditions in the Special Warrant Certificates; and

  • Original Warrants means the Warrants in registered form to be issued pursuant to the Deed Poll by the Company, each Warrant entitling the holder thereof to subscribe for one (1) New Share at the Exercise Price upon and subject to the Conditions;

  • special warrant means a security that, by its terms or the terms of an accompanying contractual obligation, entitles or requires the holder to acquire another security without payment of material additional consideration and obliges the issuer of the special warrant or the other security to undertake efforts to file a prospectus to qualify the distribution of the other security;

  • CDS Global Warrants means Warrants representing all or a portion of the aggregate number of Warrants issued in the name of the Depository represented by an Uncertificated Warrant, or if requested by the Depository or the Corporation, by a Warrant Certificate;

  • 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.

  • Supplemental Note means, for each Supplemental Loan (whether one or more), if any, the Multifamily Note secured by the Supplemental Instrument for that Supplemental Loan.

  • Company Convertible Notes means the convertible notes issued by the Company pursuant to the convertible note purchase agreement by and among the Company, PA Grand Opportunity Limited and other investors named therein dated June 6, 2016, as amended on June 13, 2016.

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

  • Call Warrant As defined in the recitals.

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

  • 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.

  • New Convertible Notes means the Company’s 5.0% Senior Unsecured Convertible Notes due 2023.

  • 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.

  • 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.

  • 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.

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

  • 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”.

  • Company Convertible Securities means, collectively, any options, warrants or rights to subscribe for or purchase any capital stock of the Company or securities convertible into or exchangeable for, or that otherwise confer on the holder any right to acquire any capital stock of the Company.

  • Original Warrantholder means the United States Department of the Treasury. Any actions specified to be taken by the Original Warrantholder hereunder may only be taken by such Person and not by any other Warrantholder.

  • Exchangeable Securities means any securities of any trust, limited partnership or corporation other than the Trust that are convertible or exchangeable directly for Units without the payment of additional consideration therefor;

  • Initial Warrant Exercise Date means __________, 1997.

  • 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.

  • Warrant Securities means this Warrant and the Warrant Shares, collectively.

  • Supplemental Transfer Date For any Supplemental Transfer Agreement, the date the related Supplemental Mortgage Loans are transferred to the Trust Fund pursuant to the related Supplemental Transfer Agreement.