Whole Warrant definition
Examples of Whole Warrant in a sentence
No fractional Warrant shall be exercisable or redeemable in any manner unless accompanied by other fractional Warrants to be exercised or redeemed that, in the aggregate for all such fractional Warrants, constitute a Whole Warrant or Whole Warrants.
Subject to subsection 2.3.1, the Warrant Agent shall register the transfer, from time to time, of any outstanding Whole Warrant upon the Warrant Register, upon surrender of such Warrant for transfer, properly endorsed with signatures properly guaranteed and accompanied by appropriate instructions for transfer.
Each Whole Warrant is exercisable into one Common Share (a “Warrant Share”) for a period of 24 months.
Each person in whose name any certificate for Common Stock is issued shall for all purposes be deemed to have become the holder of record of such Common Stock on the date on which the Whole Warrant was surrendered and payment of the Warrant Price was made, irrespective of the date of delivery of such certificate.
Each Whole Warrant shall, when countersigned by the Warrant Agent, entitle the Registered Holder thereof, subject to the provisions of such Warrant and of this Agreement, to purchase from the Company the number of shares of Common Stock stated therein.
As soon as practicable after the exercise of any Whole Warrant and the clearance of the funds in payment of the Warrant Price (if payment is pursuant to subsection 3.3.1(a)).