Warrant Settlement definition

Warrant Settlement has the meaning specified in the Recitals hereto.
Sample 1Sample 2Sample 3

Examples of Warrant Settlement in a sentence

  • After the Company Warrant Settlement, all of the Company Warrants shall no longer be outstanding and shall cease to exist and each holder of Company Warrants shall thereafter cease to have any rights with respect to such securities except as set forth in this Section 2.1(a)(iii).

  • The “Warrant Settlement Amount” shall mean a number of Shares determined by the Calculation Agent by reference to the Average VWAP using the table set forth in Schedule A attached hereto (using linear interpolation if the Average VWAP is between two points on the table set forth on Schedule A or, otherwise, commercially reasonable extrapolation by Dealer, as applicable, to determine the Warrant Settlement Amount for any Average VWAP not specifically appearing in Schedule A).

  • The Holder further covenants and agrees, that, to the extent and in the manner provided in the Warrant Agreement and the Pledge Agreement, but subject to the terms thereof, payments in respect to the aggregate principal amount of the Pledged Treasury Securities on the Warrant Settlement Date shall be paid by the Collateral Agent to the Company in satisfaction of such Holder's obligations under such Warrant and such Holder shall acquire no right, title or interest in such payments.

  • On the second Scheduled Trading Day following the final Averaging Date or, if such day is not a Clearance System Business Day, on the next Clearance System Business Day immediately following such day (the “Unwind Settlement Date”), Company shall deliver to Dealer the Warrant Settlement Amount through the Clearance System.

  • Upon the occurrence of a Tax Event Redemption prior to a Successful Initial Remarketing, or in the event of a Failed Initial Remarketing, prior to the Warrant Settlement Date, the Redemption Price payable on such date with respect to the Applicable Amount shall be deposited in the Collateral Account in exchange for the Pledged Notes.

  • Upon the occurrence of a Tax Event Redemption prior to the Warrant Settlement Date, the Redemption Price payable on the Tax Event Redemption Date with respect to the Tax Event Redemption Amount shall be credited to the Collateral Account by the Indenture Trustee (or paying agent under the Indenture) on or prior to 11:00 a.m., New York City time, on such Tax Event Redemption Date, by wire transfer of immediately available funds.

  • If the holders of Common Stock are to receive shares of stock only in connection the Fundamental Transaction, the holders of this Warrant shall be paid the Warrant Settlement Payment with shares of the same stock.

  • On December 1, 1997, the Company entered into a Separation Agreement and a Stock Warrant Settlement Agreement with a former officer resulting in a non-recurring charge totaling $2.8 million comprised of (a) $0.9 million of cash payments, (b) an accrual of $0.2 million for other benefits under the Separation Agreement, and (c) $1.7 million representing the value (calculated in accordance with APB No. 25) of warrants issued to purchase 200,000 shares of Common Stock.

  • The Warrants and all obligations and rights of the Company and the Holders thereunder, including, without limitation, the rights and obligations of Holders to purchase Common Stock, shall immediately and automatically terminate, without the necessity of any notice or action by any Holder, the Warrant Agent or the Company, if, prior to or on the Warrant Settlement Date, a Termination Event shall have occurred.

  • Notwithstanding the foregoing, the Company shall not be obligated to execute and deliver to the Warrant Agent, and the Warrant Agent shall not be obligated to authenticate, execute on behalf of the Holder, and deliver to the Holder, a Certificate on or after the Business Day immediately preceding the earlier of the Warrant Settlement Date or the Termination Date.

Related to Warrant Settlement

  • ASX Settlement means ASX Settlement Pty Ltd (ABN 49 008 504 532);

  • Warrant Securities means this Warrant and the Warrant Shares, collectively.

  • Cash Settlement shall have the meaning specified in Section 14.02(a).

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

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

  • Daily Settlement Price means the settlement price for a Swap calculated each Business Day by or on behalf of BSEF. The Daily Settlement Price can be expressed in currency, spread, yield or any other appropriate measure commonly used in swap markets.

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

  • Relevant Settlement Method In respect of any Option:

  • Warrant Exercise Price means $0.01 per share.

  • Disruption Cash Settlement Price means in respect of each Security, an amount in the Settlement Currency equal to the fair market value of the Share Amount (taking into account, where the Settlement Disruption Event affected some but not all of the Shares comprising the Share Amount and such non-affected Shares have been duly delivered as provided above, the value of such Shares), less the cost to the Issuer of unwinding any underlying related hedging arrangements, all as determined by the Issuer.

  • Current Warrant Price means, in respect of a share of Common Stock at any date herein specified, the price at which a share of Common Stock may be purchased pursuant to this Warrant on such date.

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

  • Warrant Exercise Period shall commence (subject to Section 6(d) below), on the later of:

  • Net Settlement Amount means the Gross Settlement Amount, less the following payments in the amounts approved by the Court: Individual PAGA Payments, the LWDA PAGA Payment, Class Representative Service Payment, Class Counsel Fees Payment, Class Counsel Litigation Expenses Payment, and the Administration Expenses Payment. The remainder is to be paid to Participating Class Members as Individual Class Payments.

  • Mandatory Settlement Date means the earliest of:

  • Settlement Price means the agreed upon price at which to purchase and sell a specified type and quantity of a commodity.

  • First Settlement Date means the date set forth in footnote 3 under "Summary of Essential Financial Information" in the Prospectus Part I for a Trust.

  • Initial Warrant Exercise Date means __________, 1997.

  • TARGET Settlement Day means any day on which TARGET2 is open for the settlement of payments in euro;

  • Purchase Contract Settlement Date means ________________________, ____.]

  • 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.

  • Call Settlement Date means the fifth Business Day following the last Index Business Day in the Call Measurement Period.

  • Warrant Stock means Common Stock issuable upon exercise of any Warrant or Warrants or otherwise issuable pursuant to any Warrant or Warrants.

  • Final Settlement means permanent settlement of the Contractor’s actual allowable costs or expenditures as determined at the time of audit, which shall be completed within three years of the date the year-end cost settlement report was accepted for interim settlement by the State. If the audit is not completed within three years, the interim settlement shall be considered as the final settlement.

  • Share Settlement means a number of shares of Class A Common Stock equal to the number of Redeemed Units.