Warrant Termination Agreement definition
Examples of Warrant Termination Agreement in a sentence
Each such Warrant Termination Agreement shall be duly executed by the Company and the holder of such Company Warrant.
The Buyer shall deliver to the Payment Agent, in trust for the benefit of holders of Company Certificates and Warrants (subject to each such holder of a Warrant executing and delivering to the Company a Warrant Termination Agreement), cash in the amount of the portion of the Merger Consideration payable to Company Stockholders and holders of Warrants as of the Closing Date.
At the Effective Time, each holder of a Warrant that has executed and delivered a Warrant Termination Agreement shall be entitled to receive the Warrant Consideration (without any interest thereon and subject to the provisions of Sections 1.6, 1.9 and 1.15) with respect to such Warrants.
The Warrant Termination Agreement provides that no Former Warrant Holder may transfer, sell or otherwise dispose of its rights thereunder.
As set forth in the Note and Warrant Termination Agreement, the Noteholder Warrants shall be replaced by warrants to purchase EarthLink Common Stock as set forth therein.