Underwater Warrant definition

Underwater Warrant shall have the meaning assigned thereto in Section 3.1(a).
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Underwater Warrant means any Company Warrant where the exercise price of such Company Warrant is less than the Closing Merger Consideration allocated to such Company Warrant, as applicable, pursuant to the Allocation Schedule.
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Underwater Warrant means any Warrant that is not an In-the-Money Warrant.
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Examples of Underwater Warrant in a sentence

  • Southwest Truck Center Underwater Warrant" shall have the meaning assigned thereto in Section 3.1(b).

  • Underwater Warrant" shall have the meaning assigned thereto in Section 3.1(a).

  • Southwest Peterbilt Underwater Warrant" shall have the meaning assigned thereto in Section 3.1(a).

  • Underwater Warrant" shall have the meaning assigned thereto in Section 3.1.

  • All Company Warrants that are Underwater Warrants shall be canceled for no consideration and the holder thereof shall have no further rights to such canceled Underwater Warrant, nor will the Company, any Subsidiary of the Company, the Surviving Corporation or any of its and their respective Affiliates have any liability with respect thereto.


More Definitions of Underwater Warrant

Underwater Warrant means any Warrant with an exercise price that is equal to or greater than the Common Closing Amount Per Share.
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Related to Underwater Warrant

  • Current Warrant Price means, in respect of a share of Common Stock at any date herein specified, the price at which a share of Common Stock may be purchased pursuant to this Warrant on such date.

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

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

  • Other Warrants means any other warrants issued by the Company in connection with the transaction with respect to which this Warrant was issued, and any warrant issued upon transfer or partial exercise of or in lieu of this Warrant. The term “Warrant” as used herein shall be deemed to include Other Warrants unless the context clearly requires otherwise.

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

  • Company Warrant means a warrant to purchase shares of Company Capital Stock.

  • Unissued Option Shares means the number of Shares, at a particular time, which have been reserved for issuance upon the exercise of an Option but which have not been issued, as adjusted from time to time in accordance with the provisions of section 5, such adjustments to be cumulative.

  • Common Share means one share of the common stock of the Company.

  • Option Share has the meaning ascribed to it in section "4.7" hereinbelow;

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

  • Warrant Price as used in this Agreement shall mean the price per share at which shares of Common Stock may be purchased at the time a Warrant is exercised. The Company in its sole discretion may lower the Warrant Price at any time prior to the Expiration Date (as defined below) for a period of not less than twenty (20) Business Days, provided, that the Company shall provide at least twenty (20) days prior written notice of such reduction to Registered Holders of the Warrants and, provided further that any such reduction shall be identical among all of the Warrants.

  • Parent Warrant means each Parent Private Warrant and Parent Public Warrant.

  • Exchange Price means as of any date, $1,000, divided by the Exchange Rate as of such date.

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

  • 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.

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

  • Warrant means this Warrant and all Warrants issued in exchange, transfer or replacement thereof.

  • Common Shares means the common shares in the capital of the Corporation;

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

  • SAR Price means the exercise price or conversion price of each share of Common Stock covered by a SAR, determined on the Date of Grant of the SAR.

  • Treasury Share means a Share held in the name of the Company as a treasury share in accordance with the Statute.

  • Parent Shares means the shares of common stock, par value $1.00 per share, of Parent.

  • Shares means the shares of Common Stock issued or issuable to each Purchaser pursuant to this Agreement.

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

  • Common Stock means the common stock of the Company.

  • Existing Preferred Stock means, collectively, the outstanding shares of the Series E 6% Convertible Preferred Stock of the Corporation.