Warrant Interests definition

Warrant Interests means Interests of the security issuable upon exercise of the Warrants if such security is issuable in Interests, or shall mean the equivalent units in which such security is issuable if such security is not issuable in Interests.

Warrant Interests has the meaning set forth in the preamble.

Warrant Interests means the rights of owners of issued and outstanding warrants to purchase Class A or Class B common stock of the Debtor.

Examples of Warrant Interests in a sentence

• As of the Closing Date, the Company shall have duly authorized and reserved for issuance a number of Membership Interests which equals the maximum number of Warrant Interests issuable upon exercise of the Warrants.

• The Company acknowledges that its obligation to issue the Warrant Interests upon exercise of the Warrants in accordance with this Agreement and the Warrants, in each case, is absolute and unconditional regardless of the dilutive effect that such issuance may have on the ownership interests of other stockholders of the Company.

• Upon exercise in accordance with the Warrants, the Warrant Interests will be validly issued, fully paid and nonassessable and free from all preemptive or similar rights, taxes, liens and charges with respect to the issue thereof, with the holders being entitled to all rights accorded to a holder of Class A Membership Interests.

• Each Holder of an Allowed Warrant Interest shall receive, on the Effective Date as more fully described herein, in full satisfaction, settlement, release, and discharge of and in exchange for such Allowed Warrant Interests, $0.09 per Allowed Warrant Interest.

• In the event that Holders of Allowed Outstanding Warrant Interests vote to accept the Plan pursuant to Section 1126(d) of the Bankruptcy Code, such Holders shall receive a Pro Rata share of an aggregate Cash payment of $52,000 (the “Warrants Distribution”) on the Plan Effective Date.

More Definitions of Warrant Interests

Warrant Interests means the Common Shares or other equity interests of the Company then purchasable upon exercise of this Warrant in accordance with the terms of this Warrant.

Warrant Interests means all Common Stock issuable upon the exercise of the Warrants.

Warrant Interests shall have the meaning assigned to such term in the Warrants.

Warrant Interests has the meaning assigned to such term in Section 2.1(a).

Warrant Interests means the Ordinary Partnership Interests of Globalstar acquired pursuant to the exercise of Globalstar Warrants.

Warrant Interests means the Interests or other equity securities issued or issuable upon the exercise of the Warrants.

Warrant Interests means unexercised warrants to purchase Common Stock Interests.