Examples of Xxxxxxx Warrant in a sentence
The Xxxxxx Xxxxxxx Warrants will be issued pursuant to the Warrant Agreement dated as of November 1, 2004 (as may be amended from time to time, the “Xxxxxx Xxxxxxx Warrant Agreement”) between Xxxxxx Xxxxxxx and The Bank of New York Mellon (as successor to JPMorgan Chase Bank, N.A. (formerly known as JPMorgan Chase Bank)), as Warrant Agent.
The Parties and the Company hereby agree that (a) this Agreement does not apply with respect to any Excluded Xxxxxxx Common Shares or any Excluded Xxxxxxx Common Stock Warrants or any Excluded Xxxxxxx Warrant Shares; and (b) that this Agreement does not amend, modify, supersede or otherwise in any manner change or affect the Xxxxxxx Trading Agreement, which remains in full force and effect in accordance with its terms.
In each instance in which a Warrant is exercised, the Warrant Agent shall promptly give written notice of such exercise to the Company and Xxxxxxx ("Warrant Agent's Exercise Notice").
At the Closing, the Company shall issue and deliver to Xxxxxxx Xxxxxxx or his designee a five-year warrant to purchase 600,000 shares of the Company common stock for $1.00 per share (the "Xxxxxxx Warrant") in substantially the same form as the Form of Warrant attached hereto as Exhibit "D".
The second sentence of paragraph 4 of the Original Agreement is hereby amended and restated in its entirety to read as follows: “The Warrants may be exercised during the period beginning six months from the date of issuance and ending May 8, 2012.” Each of the Xxxxxxx Warrant and the Xxxxxx Warrant are hereby amended to conform to the foregoing amendment.
The Xxxxxxx Warrant agreement, in the form attached hereto as Exhibit A (the “Xxxxxxx Warrant Agreement”), shall be exercisable, in whole or in part, commencing on a date which is one hundred eighty (180) days after the Effective Date and expiring on the five-year anniversary of the Effective Date at an initial exercise price per Ordinary Share of $[•], which is equal to 100% of the initial public offering price of the Firm Shares.
As of the Effective Time, all references to the Company in the Xxxxxxx Warrant shall be deemed to be references to Parent, where appropriate.
At each Closing of a Financing, the Client shall issue Xxxxxxx and or its designee(s) warrants (the "Xxxxxxx Warrants") equal to 10% (ten percent) of the Securities sold in the Offering, including any Common Shares issued or issuable (the "Xxxxxxx Warrant Shares").
Section 2 of the Agreement is hereby amended to provide that Xxxxxxx' Warrant shall be exercisable at $.07 per share.
Xxxxx, who are each parties to that certain Warrant Agreement dated October 30, 1997 with Company (the "Xxxxxxx Warrant Agreement") to have such warrants covered thereby canceled in accordance with the terms of the immediately preceding sentence; provided, that if the Xxxxxxx Consents are not so obtained the Company shall promptly redeem such warrants in accordance with the current terms of the Xxxxxxx Warrant Agreement following acceptance for payment of, and payment for, the shares in the Offer.