Tranche A Warrant definition

Tranche A Warrant has the meaning set forth in the Recitals.
Tranche A Warrant means a warrant to purchase the number of shares of Series A-3 Preferred Stock determined by dividing (x) the product of (A) the Share Conversion Number multiplied by (B) a fraction equal to 5/6 by (y) one-hundred and ten percent (110%) at an exercise price equal to 110% of the Conversion Price on the Automatic Conversion Date. The Tranche A Warrant shall expire on the First Expiration Date.

Examples of Tranche A Warrant in a sentence

  • As provided for in the Amended and Restated Tranche A Warrant, the undersigned further requests that, in the event the number of shares subscribed for herein shall not be all of the shares of The X-Change Corporation’s Common Stock purchasable under the Amended and Restated Tranche A Warrant, a new Warrant of like tenor for the balance of the warrant not exercised be delivered to the undersigned.

  • The undersigned makes the representations and warranties set forth in Section 7 of the Amended and Restated Tranche A Warrant.

  • The Lender shall have received the executed Tranche B Warrant, dated as of the Tranche B Term Loan Borrowing Date, in form and substance reasonably acceptable to the Lender and substantially in the form of the Tranche A Warrant (other than with respect to the amount of shares and exercise period thereof).

  • The Lender shall have received the executed Tranche A Warrant, dated as of the Closing Date, in form and substance reasonably acceptable to the Lender and substantially in the form of the draft delivered to the Borrower on February 27, 2018.

  • The Tranche A Note and the Tranche A Warrant, taken together, constitute an “investment unit” for purposes of Section 1273(c)(2) of the Code.


More Definitions of Tranche A Warrant

Tranche A Warrant has the meaning ascribed to “Warrant” in the Tranche A Warrant Agreement.
Tranche A Warrant means the warrant issuable at the Tranche A Closing.
Tranche A Warrant means the Warrants issued at the First Closing to purchase Series B Preferred Stock substantially in the form attached hereto as Exhibit H.
Tranche A Warrant is defined in Section 6.10.
Tranche A Warrant means the Tranche A Warrant of the Company to acquire Series A-3 Preferred Stock.
Tranche A Warrant means the Tranche A Warrant of the Company to acquire shares of Series A-3 Preferred Stock.
Tranche A Warrant means the Tranche A Warrant executed on even date herewith to purchase 19,444,444 shares of the Common Stock of the Borrower.