Examples of Warrants Agreements in a sentence
The Debtors are authorized to consummate the Plan, including the transactions contemplated by the New First Lien Exit Facility Documents, the New Convertible Debt Documents, the New Building Note Documents, the Warrants Agreements, and the Employee Incentive Plan, at any time after the entry of this Confirmation Order subject to satisfaction or waiver (by the required parties) of the conditions precedent to Consummation set forth in Article IX of the Plan.
In addition to reviewing Nordics Annual Sustainability Report, a forum is created where issues and solutions are discussed by all.
The CVR Agreements and the New Warrants Agreements are essential elements of the Plan.
Upon the Effective Date, after giving effect to the transactions contemplated hereby, the authorized capital stock or other equity securities of Reorganized Parent shall be the number of shares of New Common Stock as may be designated in the New Governance Documents and the Warrants Agreements.
The Company shall not be held liable nor shall an event of default be triggered under any Proposed Loan and New Warrants Agreements, unless the LTV increases beyond 0.65 to 1 at any time during the tenure of the Loan, upon which the Company shall top up the Lender’s Security Assets such that the LTV will be not more than 0.50 to 1.
If the conditions precedent for the issuance of New Warrants (as set out in Section II below) are not fulfilled within 120 days of the signing of 2014 Loan and Warrants Agreements (“Initial Period”), or such other date as may be agreed between the Company and Ocean King in writing, then the Company shall be entitled to an additional two (2) months (“Extended Period”) to procure the fulfilment of the conditions and the issuance of the New Warrants.
In the event that Ocean King converts any part of the Loan into Shares pursuant to the terms of the Proposed Loan and New Warrants Agreements, the Lender’s Security Assets in excess of the LTV of 0.50 to 1 shall be released and such released Lender’s Security Assets shall be provided as security to BWIL and OWIL as top up security until the loan to value ratio in favour of BWIL and OWIL collectively does not exceed 0.65 to 1.
It also allows for use of varied string gauges because there is no nut slot to widen.
New Warrants (as defined in the CCAA Plan) New Province Warrants Agreements in favour of, and/or stock option plans for, directors, officers and/or employees of any Credit Party to purchase Common Shares of the Borrower TDO-CORP #7169906 v.
Distribution of the Plan Securities may be made by delivery of stock certificates or book- entry transfer thereof by (or at the direction or consent of) the applicable Distribution Agent in accordance with this Plan, the Equity Allocation Mechanism, the Warrants Agreements, and the New Governance Documents.