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.
Tranche A Warrant means the Tranche A Warrant of the Company to acquire Series A-3 Preferred Stock.

Examples of Tranche A Warrant in a sentence

  • Alternatively, it is possible and more likely that a cashless exercise of a Tranche A Warrant or Tranche B Warrant would be treated as a taxable exchange in which a gain is taxable and a loss not allowable.

  • The Irish tax consequences of a cashless exercise of a Tranche A Warrant or Tranche B Warrant to an Irish Holder are not clear under current tax law.

  • In such event, an Irish Holder could be deemed to have surrendered a number of Tranche A Warrant or Tranche B Warrants with a fair market value equal to the exercise price for the number of Tranche A Warrants or Tranche B Warrants deemed exercised.

  • 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 Luxembourg tax consequences of a cashless exercise of a Tranche A Warrant or Tranche B Warrant to a Holder are not clear under current tax law and may depend on the specific tax situation of a Holder.


More Definitions of Tranche A Warrant

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 means the warrant issuable at the Tranche A Closing.
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.
Tranche A Warrant has the meaning ascribed to “Warrant” in the Tranche A Warrant Agreement.
Tranche A Warrant is defined in Section 6.10.
Tranche A Warrant means a warrant to purchase shares of Series F-3 Preferred Stock at an exercise price of $1,000 per share of Series F-3 Preferred Stock.