Examples of Warrant Debenture in a sentence
Any fractional Warrrant Debentures shall be rounded down to the nearest whole number and the holder of such Warrants shall not be entitled to any compensation in respect of any fractional Warrant Debenture which is not issued.
Subject to the provisions hereof, each Holder may exercise the right conferred on such Holder to subscribe for and purchase one Warrant Debenture for each Warrant held by such Holder, after the Issue Date and prior to the Expiry Time, upon payment of the Exercise Price, and otherwise in accordance with the conditions herein.
Each Warrant Debenture will have the same terms and conditions as the Debentures but the conversion price of each Warrant Debenture will be $0.90 per common share.
The surrendered Warrant shall be accompanied by payment, in cash or by certified or official bank check payable to the order of the Company, in an amount equal to the Warrant Debenture Purchase Price for the full aggregate principal amount of Warrant Debentures then purchasable hereunder plus the Special Warrants Purchase Price for the full number of Special Common Stock Warrants purchasable hereunder.
In the event that the Event of Default pertains to Allora’s failure to deliver unlegended shares of Allora Stock to the Holder pursuant to an Exercise of this Warrant, Debenture Conversion, legend removal request, or otherwise, Allora may not refuse such unlegended share delivery based on any claim that such Holder or any one associated or affiliated with such Holder has been engaged in any violation of law.
Warrant Debenture”) at$1,000 per Warrant Debenture at any time until January 30, 2021.
Warrant Debenture”) at$1,000 per Warrant Debenture at any time until December 31, 2020.
Warrant Certificate No. Certificate for __________________ Warrants, each entitling the holder to acquire one $1,000 Warrant Debenture as provided for in the Warrant Indenture (each as defined below) CUSIP 10000X000 ISIN CA12675Q1274 THIS IS TO CERTIFY THAT, for value received, _____________________________________________________________________________ (the "Warrantholder") is the registered holder of the number of 10% convertible debenture purchase warrants (the "Warrants") of C21 Investments Inc.