UDC Warrants definition

UDC Warrants means 3-year warrants to purchase 325,000 shares of UDC common stock at a price of $20.00 per share which will be callable by UDC when UDC common stock trades at a price of $28.50 per share, or greater, for 10 consecutive trading days, which UDC will issue to the Debtor pursuant to the terms of the Warrant Agreement.
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Examples of UDC Warrants in a sentence

  • The reasonable direct costs incurred by the Reorganized Company solely as a result of distributing the proceeds of the UDC Warrants to Class 8A Interestholders shall be netted from such distribution.

  • Notwithstanding anything to the contrary herein, UDC will on or prior to the Effective Date contribute to FMAC as treasury stock all of UDC's common stock in FMAC as part of its consideration (along with the issuance of the UDC Warrants and other undertakings in this Plan) for the acquisition of the servicing assets described in Section 8.13.

  • In the event that the Reorganized Company distributes UDC Warrants to the holders of Subclass 7A-1 Claims, the value of such UDC Warrants shall be deemed to be their value on the date of distribution as determined by an Independent Appraiser.

  • Proceeds of the UDC Warrants held for Class 8A shall only be distributed to such class (after recovery of the direct costs of such distribution).

  • If the UDC Warrant Event shall occur prior to the issuance of the Company Warrants, then the Company Warrants shall not be issued and the Company shall cause UDC to execute and deliver the UDC Warrant Agreement and issue the UDC Warrants not later than January 5, 1999.

  • Alltel Cure Reallocation means any reallocation of the UDC Warrants from Class 7A Unsecured Claims to Class 8A Interests pursuant to ss.

  • In the event that the Reorganized Company distributes UDC Warrants to the holders of Subclass 7A-2 Claims, the value of such UDC Warrants shall be deemed to be 17 18 their value on the date of distribution as determined by an Independent Appraiser.

  • Management, with the assistance of its professional advisors, has analyzed the future cash flows attributable to the Excess Collections Contribution Agreement, the future value of the UDC Warrants, and the other proceeds or collections from other assets.

  • The UDC Warrants and the common stock for which they may be exercised are being registered pursuant to the Securities Act of 1933, as amended.

  • Includes estimated theoretical value of the UDC Warrants of $370,000 to $475,000.

Related to UDC Warrants

  • SPAC Warrants means the SPAC Public Warrants and the SPAC Private Placement Warrants.

  • Series C Warrants means, collectively, the Series C Common Stock purchase warrants delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof, which Warrants shall be exercisable immediately and have a term of exercise equal to 9 months, in the form of Exhibit A attached hereto.

  • Series D Warrants means, collectively, the Series D Common Stock purchase warrants delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof, which Warrants shall be exercisable immediately and have a term of exercise equal to 5 years, in the form of Exhibit C attached hereto

  • Common Warrants means, collectively, the Common Stock purchase warrants delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof, which Common Warrants shall be exercisable immediately and have a term of exercise equal to five (5) years, in the form of Exhibit A attached hereto.

  • Public Warrants means the warrants included in the public units issued in the IPO, each of which is exercisable for one share of Common Stock, in accordance with its terms.

  • Series B Warrants means, collectively, the Series B Common Stock purchase warrants delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof and the other Series B Warrants contemplated under Section 2.1 to be issued concurrently at the Closing, which Series B Warrants shall be exercisable beginning immediately and have a term of exercise equal to five (5) years, in the form of Exhibit B-2 attached hereto.

  • Existing Warrants means any warrants to purchase Common Stock outstanding on the date of this Agreement.

  • Series A Warrants means, collectively, the Common Stock purchase warrants delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof, which Warrants shall be exercisable immediately from the Closing Date and have a term of exercise equal to five (5) years, in the form of Exhibit A attached hereto.

  • Private Warrants means the Warrants the Investors are privately purchasing simultaneously with the consummation of the Company’s initial public offering.

  • Initial Warrants means the warrants of the Company to purchase shares of Common Stock underlying the Initial Units issued and outstanding prior to the IPO.

  • Option Warrants shall have the meaning ascribed to such term in Section 2.2(a).

  • Parent Warrants means the outstanding warrants to purchase Parent Common Stock.

  • Purchaser Warrants means Purchaser Private Warrants and Purchaser Public Warrants, collectively.

  • Broker Warrants has the meaning ascribed to such term in Section 12 hereof;

  • Class B Warrants means, collectively, the Common Stock purchase warrants in the form of Exhibit C attached hereto delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof, which warrants shall be exercisable immediately and have a term of exercise equal to one year.

  • Investor Warrants has the meaning given it in the recitals of this Agreement.

  • New Warrants means those certain warrants to purchase New Valaris Equity on the terms set forth in the New Warrant Agreement.

  • Common Warrant Shares means the shares of Common Stock issuable upon exercise of the Common Warrants.

  • Placement Warrants shall have the meaning given in the Recitals hereto.

  • Closing Warrants shall have the meaning ascribed to such term in Section 2.1(a)(ii).

  • Company Warrants means warrants to purchase shares of Company Common Stock.

  • Placement Agent Warrants shall have the meaning set forth in the Subscription Agreement.

  • Sponsor Warrants shall have the meaning given in the Recitals hereto.

  • Class A Warrants means, collectively, the Common Stock purchase warrants delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof, which Warrants shall be exercisable immediately and have a term of exercise equal to five (5) years, in the form of Exhibit A attached hereto.

  • Warrant Securities means this Warrant and the Warrant Shares, collectively.

  • Private Placement Warrants shall have the meaning given in the Recitals hereto.