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.
Sample 1Sample 2Sample 3
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.
Sample 1Sample 2
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.
Sample 1

Examples of Xxxxx Act Warrants in a sentence

  • 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 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.

  • 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 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.

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 means the outstanding warrants to purchase Parent Common Stock.

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

  • Series D Warrants means, collectively, the 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 upon issuance and have a term of exercise equal to five (5) years, in the form of Exhibit C attached hereto.

  • 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 and have a term of exercise equal to five (5) years, in the form of Exhibit A attached hereto.

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

  • 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.

  • Initial Warrants means the warrants of the Company to purchase shares of Common Stock underlying the Initial Units issued and outstanding prior to the IPO.

  • 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 vest and be exercisable ratably commencing on the exercise of the Series B Warrants held by the Purchaser (or its assigns) and have a term of exercise equal to 5 years from the date of issuance, in the form of Exhibit C 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).

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

  • A Ordinary Shares means the A ordinary shares of £0.01 each in the capital of the Company;