Examples of Term Warrants in a sentence
Those of the Term Warrants (or portions thereof) to be so redeemed will be redeemed at and for a redemption price equal to the principal amount thereof plus accrued interest thereon to the redemption date, with those to be redeemed to be selected by lot.
Subject to compliance with Section 4(a), as to any transfer which may be involved in such division or combination, the Company shall execute and deliver a new Short Term Warrant or Short Term Warrants in exchange for the Short Term Warrant or Short Term Warrants to be divided or combined in accordance with such notice.
Their conclusion is that the LCOM as defined by Li and Henry is properly the most accurate.
This Short Term Warrant may be divided or combined with other Short Term Warrants upon presentation hereof at the aforesaid office of the Company, together with a written notice specifying the names and denominations in which new Short Term Warrants are to be issued, signed by the Holder or its agent or attorney.
The Warrant Agent shall not be accountable with respect to the validity or value of any Shares or of any securities or property that may at any time be issued or delivered upon the exercise of the Term Warrants or upon any adjustment pursuant to Section 12 of the Warrant Certificate, and it makes no representation with respect thereto.
By way of an example, if the prospectus included in the September Registration Statement is unavailable for 20 days prior to the date the Company obtains Shareholder Approval, and the Company obtains Shareholder Approval on April 30, 2007, the Reset Date would be extended to May 20, 2007, and the Reset Price would be [110% as to Long Term Warrants and 100% as to Short Term Warrants] of such average of the 10 VWAPs immediately prior to May 20, 2007.
In lieu of any fractional Share which would otherwise be issued to a Warrantholder upon the exercise of the Term Warrants, such Warrantholder shall be entitled to receive a cash payment equal to the pro-rated Market Price of the Class A Common Stock on the date of exercise representing such fractional Share.
The Short Term Warrants shall be issued in substantially the form attached hereto as Appendix II.
Upon a cashless exercise of the Long Term Warrants, the holding period for purposes of Rule 144 shall tack back to the original date of issuance of such Warrant.
Anti-Dilution Protection: The exercise price of the Long Term Warrant and the Short Term Warrants (collectively, the “Warrants”) shall be subject to a broad-based weighted average anti-dilution adjustment in the event that Borrower issues additional equity securities (other than shares reserved or approved under Borrower’s employee stock plans and certain other customary exceptions) at a purchase price per share less than the applicable exercise price.