Warrant Maturity Date definition
Examples of Warrant Maturity Date in a sentence
On the Warrant Maturity Date, the Company may redeem the entire unexercised portion of this Warrant by paying Investor in cash an amount per share equal to 100% of the Purchase Price for such unexercised portion of this Warrant (the “Maturity Redemption Price”).
The Company shall at all times prior to the Underlying Warrant Maturity Date, or any earlier date when all Underlying Warrants have been exercised or cancelled or have expired, reserve and keep available, free from preemptive rights, out of its authorized but unissued Berkshire Common Stock the full number of shares of Berkshire Common Stock issuable against tender of payment in respect of all then Outstanding Underlying Warrants.
Such elections shall be irrevocable as to such Holder's participation in the Remarketing, but shall be revocable as to the election by such Holder to exercise the Underlying Warrant and/or apply such proceeds to the payment of the Underlying Warrant Exercise Price at any time prior to 5:00 p.m. New York City time, on the Underlying Warrant Early Expiration Date or the Underlying Warrant Maturity Date, as applicable.
Such a revocation must be effected in a writing actually received at the Corporate Trust Office prior to 5:00 p.m. New York City time, on the Underlying Warrant Early Expiration Date or the Underlying Warrant Maturity Date, as applicable.
No Warrant may be exercised after 11:59 p.m., Hong Kong time, on the Warrant Maturity Date.
Such notice will state that a Required Acceleration Event has occurred and that the Underlying Warrants will expire on the 30th day following the giving of notice by the Company that a Required Acceleration Event has occurred (the "Underlying Warrant Early Expiration Date") or on the Underlying Warrant Maturity Date, whichever is earlier.
This Agreement shall terminate at 11:59 p.m., Hong Kong time, on the Warrant Maturity Date.
On the Underlying Warrant Maturity Date, the Class A Exchange Ratio then in effect will be applied for determining the amount of such securities, cash or other property to which a Holder of an Underlying Warrant is entitled upon exercise, provided that cash will be paid in lieu of any fractional shares or units of securities or property not divisible into appropriate fractional amounts.