UST Warrant definition

UST Warrant means the warrant issued by Parent to Sponsor in consideration for the extension of credit made available to Parent under the Existing UST Loan and Security Agreement.
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Examples of UST Warrant in a sentence

  • The UST Warrant Proceeds payable pursuant to this Contingent Interest Promissory Note are payable in such coin or currency of the United States of America as at the time of payment is legal tender for payment of public and private debts.

  • All funds deposited in the Escrow Account shall remain in the Escrow Account and may not be withdrawn except as provided in this Section 3.6; provided that any Temporary Investment Income relating to UST Warrant Proceeds deposited into the Escrow Account shall be distributed to the Noteholder in accordance with Section 3.4(c)(ii).

  • The UST Warrant Proceeds payable pursuant to this Contingent Interest Promissory Note are intended to satisfy Section 113(d) of EESA.

  • Subject to Section 3.6(c) below, the General Partner shall deposit into the Escrow Account any UST Warrant Proceeds in order to assure the availability of funds for the potential obligation of the Noteholder to refund amounts pursuant to Section 8.4; provided that no Default Warrant Proceeds shall be deposited in the Escrow Account.

  • The General Partner shall not place any UST Warrant Proceeds in respect of a Partner in such Partner’s sub-account in the Escrow Account to the extent that the amount in such sub-account is equal to or exceeds the Required Escrow Amount with respect to such Partner.

  • No reference herein to the Partnership Agreement and no provision of this Contingent Interest Promissory Note or of the Partnership Agreement shall alter or impair the obligation of the Partnership, which is absolute and unconditional, to pay the UST Warrant Proceeds pursuant to this Contingent Interest Promissory Note at the times and place, and in the coin or currency herein prescribed.

  • Sponsor has contributed, or will, prior to the Closing, contribute the UST Credit Facilities, a portion of the DIP Facility that is owed as of the Closing and the UST Warrant to Purchaser solely for the purposes of effectuating the transactions contemplated by this Agreement.

  • PCX shall have simultaneously exchanged the UST Warrant for the ISD Warrant.

  • Wellington Management Legacy Securities PPIF Master Fund, LP, a Delaware limited partnership (the “Partnership”), for value received, hereby promises to pay to the UNITED STATES DEPARTMENT OF THE TREASURY or registered assigns (the “Noteholder”) the UST Warrant Proceeds (as defined in the Partnership Agreement referred to below), in the amount and at the times provided in the Partnership Agreement.

  • INVESCO LEGACY SECURITIES MASTER FUND, L.P., a Delaware limited partnership (the “Partnership”), for value received, hereby promises to pay to the UNITED STATES DEPARTMENT OF THE TREASURY or registered assigns (the “Noteholder”) the UST Warrant Proceeds (as defined in the Partnership Agreement referred to below), in the amount and at the times provided in the Partnership Agreement.

Related to UST Warrant

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

  • Parent Warrants has the meaning set forth in Section 5.3(a).

  • Call Warrant As defined in the recitals.

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

  • 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.

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

  • Series D Warrants means series D share purchase warrants of the Corporation issued to RTIH on May 22, 2012 in connection with the 2012 Rights Offering in accordance with the 2012 MoA, the terms of which are more particularly described under the heading “General Development of the Business – Agreements with the Rio Tinto Group – 2012 MoA”.

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

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

  • 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. Unless and until the Current Warrant Price is adjusted pursuant to the terms herein, the initial Current Warrant Price shall be $2.36 per share of Common Stock.

  • this Warrant means, collectively, this Warrant and all other stock purchase warrants issued in exchange therefor or replacement thereof.

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

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

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

  • New Warrant Agreement means that certain agreement providing for, among other things, the issuance and terms of the New Warrants issued by New Valaris Holdco as set forth in the Restructuring Term Sheet.

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

  • 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 upon issuance and have a term of exercise equal to five (5) years from the initial exercise date, in substantially the form of Exhibit A attached hereto.

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

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

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

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

  • Warrant Stock means Common Stock issuable upon exercise of any Warrant or Warrants or otherwise issuable pursuant to any Warrant or Warrants.

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

  • Warrant Purchase Agreement means a warrant purchase agreement under which a Warrant is issued entered into by Borrower and an Affiliate of Lenders contemporaneously with the execution of this Loan Agreement.