Tranche B Warrant definition

Tranche B Warrant has the meaning set forth in the Recitals.

Tranche B Warrant means the Tranche B Warrant of the Company to acquire shares of Series A-3 Preferred Stock issued to the Holders pursuant to the Securities Purchase Agreement.

Tranche B Warrant means a warrant to purchase the number of shares of Series A-4 Preferred Stock determined by dividing the number of shares issuable upon exercise of the Tranche A Warrant by one hundred and ten percent (110%) at an exercise price equal to 110% of the exercise price of the Tranche A Warrant. The Tranche B Warrant shall expire on the Second Expiration Date.

Examples of Tranche B Warrant in a sentence

• Form of Tranche B Warrant Certificate (see attached) TRANCHE B COMMON SHARE PURCHASE WARRANT UNLESS PERMITTED UNDER SECURITIES LEGISLATION, THE HOLDER OF THIS SECURITY MUST NOT TRADE THE SECURITY BEFORE ●, 2019.1 THE SECURITIES REPRESENTED HEREBY AND THE SECURITIES ISSUABLE UPON EXERCISE HEREOF HAVE NOT BEEN AND WILL NOT BE REGISTERED UNDER THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED (THE “U.S. SECURITIES ACT”) OR U.S. STATE SECURITIES LAWS.

• As provided for in the Tranche B 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 Tranche B 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 Tranche B 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).

• If, with respect to the Tranche B Warrant Shares, this Warrant shall have been exercised in part, the Company shall, at the request of a Holder and upon surrender of this Warrant certificate, at the time of delivery of the Tranche B Warrant Shares, deliver to the Holder a new Warrant evidencing the rights of the Holder to purchase the unpurchased Tranche B Warrant Shares called for by this Warrant, which new Warrant shall in all other respects be identical with this Warrant.

More Definitions of Tranche B Warrant

Tranche B Warrant means a warrant to purchase shares of Series F-4 Preferred Stock at an exercise price of $1,000 per share of Series F-4 Preferred Stock.

Tranche B Warrant has the meaning ascribed to “Warrant” in the Tranche B Warrant Agreement.

Tranche B Warrant means the warrant issuable at the Tranche B Closing.

Tranche B Warrant means the Warrants issued at the Second Closing to purchase Series B Preferred Stock substantially in the form attached hereto as Exhibit I.

Tranche B Warrant is defined in Section 6.10.

Tranche B Warrant means the Tranche B Warrant of the Company to acquire shares of Series A-4 Preferred Stock.

Tranche B Warrant means the Tranche B Warrant executed on even date herewith to purchase up to 11,250,000 shares of Common Stock issued to the