Warrant Distribution definition

Warrant Distribution has the meaning set forth in Section 1.12.
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Warrant Distribution means that certain distribution (in whatever form effected) to holders of Common Stock of warrants to purchase up to an aggregate of 30,000,000 shares of Common Stock at an exercise price of $0.523 per share, which distribution may be made in a series of one or more transactions in accordance with applicable law.
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Warrant Distribution means on February 8, 2017, ADI shareholders received Warrants having a five-year term and a strike price of $0.333 per share
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Examples of Warrant Distribution in a sentence

  • Agent’s commission, if any, determined as provided in the Warrant Distribution Agreement.

  • In the Warrant Distribution Agreement, the Agent has agreed to use reasonable efforts to solicit purchases of the Securities and the administrative procedures explained below will govern the issuance and settlement of any Securities sold through the Agent, as agent of the Bank.

  • The Company desires to issue the warrants on the terms and conditions described herein (the “Warrants”) in satisfaction of the Warrant Distribution.

  • The undersigned agrees to perform its duties and obligations specifically provided to be performed by the Agents in accordance with the terms and provisions of the U.S. Warrant Distribution Agreement and the Administrative Procedures, as amended or supplemented hereby.

  • The Agents’ obligation to purchase any Securities hereunder is subject to (i) the accuracy of, at the time of such purchase, the Bank’s representations and warranties contained in the U.S. Warrant Distribution Agreement and to the Bank’s performance and observance of all applicable covenants and agreements contained therein, and the satisfaction of all conditions precedent contained therein, including, without limitation, those pursuant to Section 4 thereof.

  • This Agreement shall be subject to the termination provisions of Section 8 of the U.S. Warrant Distribution Agreement.

  • Except as otherwise expressly provided herein, all terms used herein which are defined in the U.S. Warrant Distribution Agreement shall have the same meanings as in the U.S. Warrant Distribution Agreement.

  • The Agent, as principal, may also purchase Securities for its own account and if requested by the Agent, the Bank and the Agent will enter into a terms agreement (a “Terms Agreement”), as contemplated by the Warrant Distribution Agreement.

  • If this Agreement is terminated, the provisions of Sections 3(h), 6(g), 7, 9, 10, 12, 13 and 14 of the U.S. Warrant Distribution Agreement shall survive for the purposes of this Agreement.

  • If any fractional Warrant would otherwise be required to be issued or distributed pursuant to the Warrant Distribution, the Company or Warrant Agent, as applicable, shall first aggregate the total number of Warrants to be issued to the relevant Holder and then round down the total number to the nearest Whole Number and no cash or other adjustment will be made in lieu of the fraction of a Warrant so rounded down.


More Definitions of Warrant Distribution

Warrant Distribution has the meaning attributed to that term in Subsection 3.1(c) of this Plan of Arrangement.
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Warrant Distribution means the distribution by Holdings of shares of common stock or warrants to acquire shares of the common stock of ACE Holdings as contemplated in the Prospectuses.
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Warrant Distribution is defined in Section 4.14.
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Warrant Distribution has the meaning set forth in the recitals to this Agreement;
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Related to Warrant Distribution

  • Final Distribution means any distribution made in redemption of all or a portion of the Up-MACRO Tradeable Shares pursuant to Section 5.2(b) on the earlier of the Final Scheduled Termination Date or an Early Termination Date.

  • Capital Distribution means a payment made, liability incurred or other consideration given by a Company to any Person that is not a Company, (a) for the purchase, acquisition, redemption, repurchase, payment or retirement of any capital stock or other equity interest of such Company, or (b) as a dividend, return of capital or other distribution (other than any stock dividend, stock split or other equity distribution payable only in capital stock or other equity of such Company) in respect of such Company’s capital stock or other equity interest.

  • 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.

  • Special Distribution has the meaning set forth in Section 11.4.

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

  • Preferred Share means a share of stock of the General Partner of any class or series now or hereafter authorized or reclassified that has dividend rights, or rights upon liquidation, winding up and dissolution, that are superior or prior to the REIT Shares.

  • Series A Distribution Rate means a rate equal to 7.25% per annum of the Stated Series A Liquidation Preference per Series A Preferred Unit.

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

  • Purchase Option Price means the amount payable by a Lessee upon the exercise of its option to purchase a related 2024-1 Vehicle which amount equals (a) with respect to a Matured Vehicle, the Contract Residual Value plus any fees, taxes and other charges imposed in connection with such purchase and (b) with respect to a related 2024-1 Vehicle for which the related 2024-1 Lease has been terminated early by the Lessee, the sum of (i) any unpaid Monthly Payments due, (ii) any fees, taxes and other charges imposed in connection with the related 2024-1 Lease, (iii) an early termination fee and (iv) the Actuarial Payoff.

  • Quarterly Distribution means with respect to each Distribution Date, the distribution to be made to the Holders of the Up-MACRO Holding Shares that are Outstanding on the Distribution Date pursuant to priority sixth of Section 5.2(a), which shall consist of the cash on deposit in the Up-MACRO Holding Trust after it makes or receives a payment under the Income Distribution Agreement and makes all other payments or investments in Eligible Treasuries that it is required to make pursuant to such Section 5.2(a).