Examples of Warrant Holder in a sentence
The Warrant Holder shall have the right to, either (i) from the date of registration with the Companies Registration Office until 1 June 2017 at a Strike Price per Share of SEK 11.25, subject to the total market capitalization of the Company having reached SEK 463 605 000, or (ii) from 1 June 2016 to 1 June 2017 at a Strike Price of SEK 250 per Share Subscribe for one (1) Share in the Company per Warrant.
Such decline can also be made through the Warrant Holder declines its rights in a written notice to the Company.
The Company hereby assumes the obligation to, in relation to each Warrant Holder, ensure that they are given the right to subscribe for Shares upon payment in cash in accordance with the terms and conditions presented below.
Any broker fees charged at the purchase of Shares due to the Warrants shall be paid by the Warrant Holder.
In the event that the Company has not received the Warrant Xxxxxx’x written notice regarding the full use of the Warrant before such time as is stated in section 3 above, the Warrant Holder shall be considered to have declined its Warrant in accordance with these general terms.
Upon such application for Subscription, the Warrant Holder shall turn over the equivalent Warrant Certificate to the Company.
Such application is binding and cannot be withdrawn by the Warrant Holder.
Notifications concerning Warrants shall - unless otherwise stated in these conditions - be sent to each Warrant Holder by mail to the last address known by the Company.
Subscription can only be made for the number of whole Shares, to which the joint number of Warrants gives right to Subscribe for and which one and the same Warrant Holder wishes to utilize at the same time.