Tranche 3 Warrant definition

Tranche 3 Warrant means that certain Warrant, dated as of May 3, 2019 and delivered pursuant to Section 3 of Amendment No. 1, as amended, replaced or otherwise modified pursuant to the terms thereof.

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Tranche 3 Warrant means the Warrant issued to Bank under Clause 6.12(a)(iii).

Tranche 3 Warrant means certain Amended and Restated Warrant issued by the Subsidiary to the Holder to purchase 41,667 ordinary shares of the Subsidiary, dated March 26, 2021 with a warrant number A-3.

Examples of Tranche 3 Warrant in a sentence

The Administrative Agent shall have received an executed counterpart of the Tranche 3 Warrant, which shall be in form and substance satisfactory to the Administrative Agent.
Without duplication for the foregoing reduction (i.e., the maximum reduction in Number of Shares under this Section 1.9 is 2,400 shares), if the Tranche 3 Warrant Stock does not become convertible under Section 1.7 (i.e., the Company does not borrower Tranche 3), Holder’s right to convert this Warrant for 1,800 Shares of Warrant Stock may be terminated if the Company achieves the same foregoing performance thresholds.
The undersigned Warrantholder, being the holder of Warrants of Noble Corporation, a Cayman Islands exempted company (the “Company”), issued pursuant to that certain Tranche 3 Warrant Agreement, as dated February 5, 2021 (the “Warrant Agreement”), by and between the Company and Computershare Inc.
Without duplication for the foregoing reduction (i.e., the maximum reduction in Number of Shares under this Section 1.9 is 17,600 shares), if the Tranche 3 Warrant Stock does not become convertible under Section 1.7 (i.e., the Company does not borrower Tranche 3), Holder’s right to convert this Warrant for 13,200 Shares of Warrant Stock may be terminated if the Company achieves the same foregoing performance thresholds.
The undersigned Warrantholder, being the holder of Warrants of Noble Corporation plc, a public limited company formed under the laws of England and Wales with registered number 12958050 (the “Company”), issued pursuant to that certain Tranche 3 Warrant Agreement, as dated September 30, 2022 (the “Warrant Agreement”), by and between the Company and Computershare Inc.
Without duplication for the foregoing reduction (i.e., the maximum reduction in Number of Shares under this Section 1.9 is 30,000 shares), If the Tranche 3 Warrant Stock does not become convertible under Section 1.7 (i.e., the Company does not borrower Tranche 3), Holder’s right to convert this Warrant for 22,500 Shares of Warrant Stock may be terminated if the Company achieves the same foregoing performance thresholds.

More Definitions of Tranche 3 Warrant

Tranche 3 Warrant means that certain Warrant to purchase a number of shares of Borrower’s Preferred Stock at an aggregate exercise price equal to $60,000 issued by Borrower to Lender on the date Borrower draws the Tranche 3 Term Loan Advance in connection with the extension of the Tranche 3 Term Loan Advance.

Tranche 3 Warrant means the Warrant issued to Bank under Clause 6.12