TARP Warrants definition

TARP Warrants means warrants on the Common Stock of the Company initially issued to Treasury pursuant to the Program Documentation.
Sample 1Sample 2Sample 3
TARP Warrants have the meaning set forth in Section 3.3.
Sample 1Sample 2
TARP Warrants means the warrant to purchase up to 730,994 shares of Common Stock issued to the United States Department of The Treasury under the Troubled Asset Relief Program Capital Purchase Program on December 19, 2008.
Sample 1

Examples of TARP Warrants in a sentence

  • Prior to and at the Closing, Xxxxxxxx shall take such actions as may be required for Closing in connection with the purchase or redemption of the VIST Series A Preferred Stock and/or the TARP Warrants.

  • Prior to and at the Closing, Xxxxxxxx shall take such actions as may be required for Closing in connection with the VIST Series A Preferred Stock and/or the TARP Warrants.

  • In no event shall VIST agree to any final purchase price with respect to the purchase of the TARP Warrants without the prior approval of Xxxxxxxx, which approval shall not be unreasonably withheld.

  • VIST Disclosure Schedule 4.2(a) sets forth: (i) the name of each holder of options to purchase VIST Common Stock, the number of shares each such individual may acquire pursuant to the exercise of such options, the grant and vesting dates, and the exercise price relating to the options held; and (ii) information regarding the number of shares, exercise price and material terms of the TARP Warrants.

  • The scope of Duff & Phelps’ engagement is to estimate the Fair Market Value of the TARP Preferred Stocks and the TARP Warrants as of the valuation dates for the respective Subject Investments.

  • A new Foreign Exchange Management Law (FEML) and exchange rate regime were introduced in April 2012 with the technical assistance of International Monetary Fund (IMF).

  • We continue to value the stock with over 50% upside from here and the TARP Warrants with over 100% upside.

  • We believe that a hypothetical buyer of the Treasury’s entire position in each of the TARP Preferred Stocks and TARP Warrants would discount those values to account for the reduced marketability of such large positions.

  • These transactions are summarized in the following table: Market Transactions TransactionAnnounceSubject Company / Investor DateAmount(millions) Duff & Phelps analyzed these transactions in the context of our overall valuation analysis of the TARP Preferred Stocks and TARP Warrants.

  • Since the TARP Preferred Stock and the TARP Warrants are not publicly traded, our fundamental approach to valuing these securities is to use data obtained from the public debt, equity and derivatives markets to estimate certain parameters, such as discount rates, volatility and default assumptions.

Related to TARP Warrants

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

  • 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”.

  • 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.

  • 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.

  • 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.

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

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

  • Investor Warrants has the meaning given it in the recitals 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 Capital Stock.

  • 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.

  • 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.

  • New Warrants means those certain warrants to purchase New Valaris Equity on the terms set forth in the New Warrant Agreement.

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

  • Closing Warrants shall have the meaning ascribed to such term in Section 2.1(a)(ii).

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

  • Series F Preferred Shares means the Series F Preferred Shares of the Company, par value US$0.0001 per share, with the rights and privileges as set forth in the Memorandum and Articles.

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

  • Series B-2 Preferred Shares means the Company’s series B-2 preferred shares, par value US$0.00001 per share.

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

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

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

  • 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.

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

  • Series B Preferred Shares means the Series B Preferred Shares of the Company, par value US$0.0001 per share.

  • 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