Xxxxx Act Warrants definition

Xxxxx Act Warrants means, collectively, the Rights Offering Warrants and warrants to be distributed under the Plan on account of allowed Unsecured Notes Claims, which will be distributed in lieu of Common Shares on account of such claims for Xxxxx Act Compliance. For the avoidance of doubt, the Xxxxx Act Warrants do not include the Equity Class Warrants.
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Xxxxx Act Warrants means warrants to purchase a number of shares of Common Stock, which warrants shall have the terms set forth in and as governed by the Xxxxx Act Warrant Agreement.
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Xxxxx Act Warrants means those certain warrants to be issued in lieu of Common Shares with terms reasonably acceptable, in form and substance, to the Debtor and the Requisite Noteholders. “Distribution Documents” means the Acceptable Plan, the Rights Offering, the Backstop Agreement, and the MIP. “Xxxxx Act” means, collectively, the U.S. citizenship and cabotage laws principally contained in 46 U.S.C. § 50501(a), (b) and (d) and 46 U.S.C. Chapters 121 and 551 and any successor statutes thereto, together with the rules and regulations promulgated thereunder by the U.S. Coast Guard and the U.S. Maritime Administration and their practices enforcing, administering, and interpreting such laws, statutes, rules, and regulations, in each case as amended or supplemented from time to time, relating to the ownership and operation of U.S.-flag vessels in the U.S. coastwise trade. “Non-U.S. Citizen” means any Person that is not a U.S. Citizen and any Person that fails to deliver the Requisite Documentation. “U.S. Citizen” means a Person that is a citizen of the United States within the meaning of the Xxxxx Act, eligible and qualified to own and operate U.S.-flag vessels in the U.S. coastwise trade.
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Examples of Xxxxx Act Warrants in a sentence

  • For the avoidance of doubt, Common Shares and Xxxxx Act Warrants issued pursuant to the 1145 Rights Offering and Common Shares issued in satisfaction of the Commitment Premium shall not include the Legend.

  • The Company also agrees to cooperate with the Commitment Parties in connection with investigation of a possible listing of the Xxxxx Act Warrants on a stock exchange.

  • Unless otherwise requested by the Requisite Commitment Parties, the Company shall use commercially reasonable efforts to promptly make all Common Shares and Xxxxx Act Warrants deliverable to the Commitment Parties eligible for deposit with The Depository Trust Company.

  • The Reorganized Debtor also agree to cooperate with the Backstop Parties in connection with investigation of a possible listing of the Xxxxx Act Warrants on a stock exchange.

  • Staff and pupils are required to wash or sanitise their hands when entering and exiting vehicles and when entering and exiting school buildings.

  • The Warrant Agent shall not be deemed to have any knowledge of whether a Holder is entitled to receive Xxxxx Act Warrants in lieu of Warrant Shares and the Warrant Agent shall be fully protected for failing to take any action in connection therewith unless and until it has received such written notice from the Company.

  • The Company shall authorize and reserve a sufficient number of Common Shares to be issued upon the exercise of the Xxxxx Act Warrants.

  • For the avoidance of doubt, any holder of Allowed Claims to which Xxxxx Act Warrants are issued shall remain obligated to pay the same purchase price therefor and to make such payment at the same time and otherwise on the same terms and conditions as if such holder were purchasing shares of New Equity pursuant hereto.

  • For the avoidance of doubt, any Preemptive Rights Securityholder to which Xxxxx Act Warrants are issued in lieu of Company Securities shall remain obligated to pay the same purchase price therefor and to make such payment at the same time and otherwise on the same terms and conditions as if such holder were purchasing Company Securities pursuant hereto.

  • Holders of Xxxxx Act Warrants shall be entitled to notice of, and have the right to attend any Stockholders Meeting to the same extent as if such holder of Xxxxx Act Warrants was a holder of Common Stock, and, in this respect, shall be provided with all notices and documentation (including the agenda, minutes, committee reports and other documentation) for such Stockholders Meeting but shall not be entitled to vote on any matters presented at any such meeting.


More Definitions of Xxxxx Act Warrants

Xxxxx Act Warrants means those certain warrants issued to certain non-U.S. citizens in settlement of certain liabilities in respect of the Chapter 11 cases in the United States Bankruptcy Court for the Southern District of Texas, Houston Division, consummated September 4, 2020 and in connection with subsequent private offerings of the Borrower’s Equity Interests.
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Xxxxx Act Warrants has the meaning specified in the Certificate of Incorporation.
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Related to Xxxxx Act Warrants

  • SPAC Warrants means SPAC Private Warrants and SPAC Public Warrants, collectively.

  • Placement Warrants shall have the meaning given in the Recitals hereto.

  • Private Placement Warrants shall have the meaning given in the Recitals hereto.

  • Parent Warrants has the meaning set forth in Section 5.3(a).

  • Placement Agent Warrants shall have the meaning set forth in the Subscription Agreement.

  • Series D Warrants means series D share purchase warrants of the Corporation issued to RTIH on May 22, 2012 in connection with the 2012 Rights Offering in accordance with the 2012 MoA, the terms of which are more particularly described under the heading “General Development of the Business – Agreements with the Rio Tinto Group – 2012 MoA”.

  • Existing Warrants means any warrants to purchase Common Stock outstanding on the date of this Agreement.

  • Option Warrants shall have the meaning ascribed to such term in Section 2.2(a).

  • Qualifying Warrants means net share settled warrants to purchase Common Stock that have an exercise price greater than the current Market Value of the issuer’s Common Stock as of their date of issuance, that do not entitle the issuer to redeem for cash and the holders of such warrants are not entitled to require the issuer to repurchase for cash in any circumstance.

  • Common Warrants means, collectively, the Common Stock purchase warrants delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof, which Common Warrants shall be exercisable immediately upon issuance and have a term of exercise equal to five (5) years from the initial exercise date, in substantially the form of Exhibit A attached hereto.

  • Private Placement Warrants Purchase Agreement shall have the meaning given in the Recitals hereto.

  • Sponsors’ Warrants means the warrants that are being sold privately by the Company simultaneously with the consummation of the IPO; and (vi) “Trust Fund” shall mean the trust fund into which a portion of the net proceeds of the Company’s IPO will be deposited.

  • Private Warrants means the Warrants the Investors are privately purchasing simultaneously with the consummation of the Company’s initial public offering.

  • Closing Warrants shall have the meaning ascribed to such term in Section 2.1(a)(ii).

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

  • Insider Warrants is defined in the preamble to this Agreement.

  • Initial Warrants means the warrant to purchase shares of common stock of the Issuer issued pursuant to the Initial Warrants Purchase Agreement.

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

  • Additional Shares of Common Stock means all shares of Common Stock issued (or, pursuant to Subsection 4.4.3 below, deemed to be issued) by the Corporation after the Series B Original Issue Date, other than (1) the following shares of Common Stock and (2) shares of Common Stock deemed issued pursuant to the following Options and Convertible Securities (clauses (1) and (2), collectively, “Exempted Securities”):

  • Agent’s Warrants means the share purchase warrants of the Issuer which will be issued as part of the Agent’s Fee and which have the terms provided in this Agreement and the certificates representing such share purchase warrants;

  • Series C Warrants means, collectively, the Series C Common Stock purchase warrants delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof, which Warrants shall be exercisable immediately and have a term of exercise equal to 9 months, in the form of Exhibit A attached hereto.

  • Private Placement Shares shall have the meaning given in the Recitals hereto.

  • Broker Warrants has the meaning ascribed to such term in Section 12 hereof;

  • Series B Warrants means, collectively, the Series B Common Stock purchase warrants delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof and the other Series B Warrants contemplated under Section 2.1 to be issued concurrently at the Closing, which Series B Warrants shall be exercisable beginning immediately and have a term of exercise equal to five (5) years, in the form of Exhibit B-2 attached hereto.

  • Sponsor Warrants shall have the meaning given in the Recitals hereto.

  • Additional Shares shall have the meaning specified in Section 14.03(a).