Examples of Tranche C Warrants in a sentence
On the Effective Date, Reorganized GenTek will issue the New GenTek Warrants in three separate tranches: New Tranche A Warrants, New Tranche B Warrants and New Tranche C Warrants.
Therefore, 12.8 million of the Final Warrants were derecognized and 12.8 million Tranche C Warrants were recognized as new derivative liabilities.
Under no circumstances will interest be paid on the Tranche B Offer Price or the Tranche C Offer Price to be paid by the Purchaser for the Tranche B Warrants or the Tranche C Warrants, respectively, regardless of any extension of the Offer or any delay in making such payment.
The Offer is being made to all holders of GenTek’s Tranche B Warrants and all holders of GenTek’s Tranche C Warrants.
Warrants will become exercisable on November 5, 2009 with respect to the Tranche A Warrants and November 5, 2010 with respect to the Tranche B Warrants and Tranche C Warrants, and may be exercised in whole or in part at any time thereafter until their expiration by the submission of an exercise notice in the form to be attached as an exhibit to the applicable Warrant agreement.