Warrant Escrow Shares definition

Warrant Escrow Shares shall have the meaning as set forth in Section 2.2(c).
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Examples of Warrant Escrow Shares in a sentence

  • Upon the termination of the Escrow Agreement, the Escrow Agent shall return any unconverted Debenture Escrow Shares or unexercised Warrant Escrow Shares to the Company.

  • All Termination Warrant Escrow Shares, upon issuance and delivery to the Escrow Agent pursuant to the terms of the Purchase Agreement and the Escrow Agreement, shall be duly authorized and validly issued, and when the Exercise Price thereof shall have been paid therefor, fully paid and non-assessable.

  • The Company agrees to enter into the escrow agreement attached to the Purchase Agreement hereto as Exhibit E (the "Escrow Agreement"), and to issue into said escrow certificates to be held by the Escrow Agent (as defined in the Escrow Agreement), registered in the name of the Holder and without any restrictive legend of any kind, representing a number of shares of Common Stock (in 10,000 share certificates) equal to the number of shares of this Warrant ("Escrow Shares").

  • The Initial Warrant and the Initial Warrant Escrow Shares have been duly and validly authorized for issuance, offer and sale pursuant to this Agreement and constitute the valid and binding obligations of the Company enforceable in accordance with their respective terms.

  • The Termination Warrant and the Termination Warrant Escrow Shares have been duly and validly authorized for issuance, offer and sale pursuant to this Agreement and constitute the valid and binding obligations of the Company enforceable in accordance with their respective terms.

  • The Company is eligible to issue this Warrant and the Termination Warrant Shares, including, without limitation, the Termination Warrant Escrow Shares, pursuant to Section 4(2) of the Securities Act.

  • If the Purchasers have previously exercised any or part of the Warrants, the Escrow Agent shall hold the Warrant Shares in escrow in accordance with Section 4.16 and release the appropriate number of Warrant Escrow Shares to the Purchasers in accordance with Section 4.16.

  • Upon the termination of this Escrow Agreement, the Escrow Agent shall return any Termination Warrant Escrow Shares then remaining in its possession to the Company or otherwise as instructed in writing by all parties.

Related to Warrant Escrow Shares

  • Escrow Shares shall be deemed to include the Non-Cash Dividends distributed thereon, if any.

  • Escrowed Shares has the meaning set forth in Section 2.4.

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

  • Warrant Consideration has the meaning specified in Section 4(i)(i) hereof.

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

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

  • Put Shares means all shares of Common Stock issued, or that the Company shall be entitled to issue, per any applicable Put Notice in accordance with the terms and conditions of this Agreement.

  • PIPE Shares shall have the meaning given in the Recitals hereto.

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

  • Warrant Share Delivery Date shall have the meaning set forth in Section 2(d)(i).

  • Consideration Shares has the meaning ascribed thereto in Section 2.2.

  • Escrow Property means the Escrow Funds and the Certificates delivered to the Escrow Agent as contemplated by Section 1(c) hereof.

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

  • Remaining Shares has the meaning set forth in Section 4.1.2.

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

  • Earnout Shares has the meaning set forth in Section 3.6(a).

  • DWAC Shares means shares of Common Stock that are (i) issued in electronic form, (ii) freely tradable and transferable and without restriction on resale and (iii) timely credited by the Company to the Investor’s or its designee’s specified DWAC account with DTC under the DTC/FAST Program, or any similar program hereafter adopted by DTC performing substantially the same function.

  • Call Warrant As defined in the recitals.

  • Purchase Shares has the meaning set forth in Section 2.2(a) hereof.

  • Earn-Out Shares has the meaning provided in Section 2.2(b).

  • Initial Warrant Exercise Date means __________, 1997.

  • Holdback Shares has the meaning set forth in Section 2.5(b)(v).

  • Adjustment Escrow Fund means the Adjustment Escrow Amount deposited with the Escrow Agent, as such amount may be increased or decreased as provided in this Agreement and the Escrow Agreement, including any interest or other amounts earned thereon.

  • Cash Election Shares shall have the meaning set forth in Section 3.2.1.

  • VMTP Shares has the meaning set forth in the preamble to this Agreement.

  • Subscription Shares has the meaning ascribed to it in Section 2.1.