Examples of Offered Warrants in a sentence
It is anticipated that physical warrant certificates evidencing the Offered Warrants comprising the Offered Units will be available for delivery to purchasers at the Closing of the Offering.
If (x) the Selling Security Holder chooses to sell any Warrants in the case of subclause (ii) hereof, it shall sell a number of Warrants equal to at least 50% of the Number of Offered Warrants and (y) if the Selling Security Holder chooses to sell any Warrants in the case of subclause (iii) hereof, it shall sell 100% of the Number of Offered Warrants.
Each Over-Allotment Unit consist of one Common Share in the capital of the Issuer (each, an "Over- Allotment Unit Share") and one-half of one Common Share purchase warrant (each whole common share purchase warrant, an "Over-Allotment Warrant"), exercisable for one Common Share of the Issuer (each, an "Over-Allotment Warrant Share") on the same terms as the Offered Warrants.
The Unit Shares, the Offered Warrant Shares and the Offered Warrants are not currently listed on a "designated stock exchange" and the Issuer is not otherwise a "public corporation" (as such term is defined in the Tax Act).
It is understood, however, that, except as provided in this Section XI and Sections VIII and XII hereof, the Underwriters will pay all of their own costs and expenses, including the fees of their counsel, transfer taxes on resale of any of the Offered Securities and/or Offered Warrants, if any, by them and any advertising expenses connected with any offers they may make.