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”).
Until the Warrant Maturity Date, should the closing price of the Shares be greater or equal to $0.50 for ten (10) consecutive trading days, the Company may give notice to the Warrant holder, at any time after the statutory 4-month hold period, that it must exercise its remaining Warrants within a period of 30-days from the date of receipt of the notice, failing which the Warrants will automatically expire.
No Warrant may be exercised after 11:59 p.m., Hong Kong time, on the Warrant Maturity Date.
The holders of the Warrants shall be entitled, at any time and from time to time on or prior to the Warrant Maturity Date, to convert all or any of their Warrants into one new Share (the “Conversion Share”) for every Warrant at an exercise price of S$0.15 per Share (the “Exercise Price”).
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.
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.
This Agreement shall terminate at 11:59 p.m., Hong Kong time, on the Warrant Maturity Date.
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.
The Institutional Investors shall each have the right to request that the Company redeem any unexercised Warrants held by them after the Warrant Maturity Date at a redemption premium of 68% of the amount of its respective Loan in proportion to the unexercised Warrants (exclusive of withholding taxes but inclusive of coupon payments received under Loans) (“Warrants Redemption Premium”).