Examples of Warrant Shares then held in a sentence
As set forth in Exhibit 1, Holder shall have piggy-back registration rights with respect to the Warrant Shares then held by the Holder or then subject to issuance upon exercise of this Warrant (collectively, the “Remaining Warrant Shares”).
The conditions precedent imposed by Section 6.3 above regarding the transferability of the Shares and Warrant Shares shall cease and terminate as to any particular number of the Shares or Warrant Shares upon the date on which the Purchaser may sell without volume limitations all such Shares or Warrant Shares then held by the Purchaser without registration by reason of Rule 144 or any other rule of similar effect.
This Agreement and any term hereof may be amended, terminated or waived only with the written consent of the Company and (i) with respect to an amendment, termination or waiver prior to the Closing, the Purchaser that will receive a majority of 2018 Warrant Shares to be issued at the Closing, and (ii) with respect to an amendment, termination or waiver prior to the Closing, the Purchaser holding at least a majority of the outstanding 2018 Warrant Shares then held by all Purchaser.
The term "50% holder" as used in this Section 12(b) shall mean the holder or holders of at least 50% of the Warrant Shares and shall include any owner or combination of owners of such securities, which ownership shall be calculated by determining the number of Warrant Shares then held by such owner or owners, as well as the number of Warrant Shares then issuable upon exercise of this Warrant (or any successor Warrants) held by such owner or owners.
The Corporation shall notify each Holder, in writing, no later than the Trading Day following the end of each Measurement Period, indicating therein the applicable adjustment to the Exercise Price as of such date and the number of Warrant Shares then held by such Holder determined as set forth above (a “Trigger Date Adjustment Notice”).
If the Warrantholder delivers such notice and a Put Event occurs, the Company shall purchase this Warrant or all, but not less than all, of the Warrant Shares then held by the Warrantholder, as the case may be, on the terms and in the manner specified in sections 9.4 and 9.5.
The Company hereby grants to the Warrantholder the right and option (the "Put Option") to require the Company upon the occurrence of a Put Event, on the terms and conditions set forth herein, to purchase this Warrant or, if this Warrant had theretofore been exercised, all, but not less than all, of the Warrant Shares then held by the Warrantholder.
Subject to Section 4(e) hereof, [***], in its sole discretion, shall have the right to require the Company to repurchase (the “Put Right”) all (but not less than all) of the Warrant Shares then held by [***] (the “Put Securities”) for the period set forth in Section 4(c) hereof and at the purchase price set forth in Section 4(b) hereof.
Subject to Section 3(e) hereof, in the event of any expiration (without renewal) or termination of the Alliance Partner Agreement for any reason whatsoever (a “Termination”), the Company and any assignee, in its sole discretion, shall have the right and option to repurchase or purchase (the “Call Right”) for the period set forth in Section 3(c) of all (but not less than all) of the Warrant Shares then held by [***] (the “Called Securities”) at the purchase price set forth in Section 3(b) hereof.
Any reduction in the number of Registrable Securities will be made pro rata (based on the number of Warrant Shares then held by the Holder) with the other securities to be registered on behalf of third parties in such offering.