Tranche A Warrants definition

Tranche A Warrants means the 91,662,953 Common Share purchase warrants represented by the tranche A warrant certificate issued by the Company to the Holder on the date hereof.
Tranche A Warrants means warrants to purchase up to 10% of the New Common Shares (subject to dilution only by the New Common Shares issued in connection with the MIP Equity and the New Common Shares issued in connection with the Backstop Commitment Premium), exercisable on a non-cash basis for a four-year period after the Effective Date, struck at an equity value implying 110% recovery to Holders of Senior Notes Claims on the face value of their Senior Notes Claims, inclusive of non-default interest under the Senior Notes through the Effective Date, calculated as though the Senior Notes remained outstanding through the Effective Date and all accrued and unpaid interest had been added to the outstanding principal amount of the Senior Notes daily, and otherwise on the terms and conditions set forth in the Tranche A Warrants Agreement.
Tranche A Warrants means the warrants and any replacement warrants in the face value of US$2,750,000 to be issued by the Company to the Investor on the Closing Date in the form attached hereto as Exhibit C.

Examples of Tranche A Warrants in a sentence

  • THE9 LIMITED By: Name: Title: Exhibit C — Form of Tranche A Warrants, Tranche B Warrants and Tranche C Warrants THIS WARRANT AND THE SECURITIES ISSUABLE UPON EXERCISE OF THIS WARRANT HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES ACT”) OR THE SECURITIES LAWS OF ANY STATE OR OTHER JURISDICTION.

  • THE9 LIMITED By: Name: Title: Exhibit C Form of Tranche A Warrants, Tranche B Warrants and Tranche C Warrants Exhibit C – Form of Tranche A Warrants, Tranche B Warrants and Tranche C Warrants THIS WARRANT AND THE SECURITIES ISSUABLE UPON EXERCISE OF THIS WARRANT HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES ACT”) OR THE SECURITIES LAWS OF ANY STATE OR OTHER JURISDICTION.

  • The Warrants represented by this Warrant Certificate shall vest and become immediately exercisable once all Tranche A Warrants have been exercised in accordance with their terms, and shall remain exercisable by the Holder, in whole or in part at any time, and from time to time, thereafter and prior to the Expiry Time.


More Definitions of Tranche A Warrants

Tranche A Warrants means warrants to purchase 30,700,000 shares of Common Stock at an exercise price of $1.32 per share.
Tranche A Warrants means the warrants (bons de souscription d'actions) to be issued by the Borrower and subscribed by the Bank in the context of the disbursement of Tranche A and entitling the Bank to subscribe shares of the Borrower, as further defined in the Warrant Agreement.
Tranche A Warrants means the 88,472,861 common share purchase warrants issued by Canopy to CBG represented by the Tranche B common share purchase warrant dated November 1, 2018 issued by Canopy to CBG.
Tranche A Warrants means Warrants with an aggregate warrant coverage equal to One Million Three Hundred Seventy Five Thousand Dollars ($1,375,000.00) to be issued on the Effective Date with respect to the aggregate commitment amount for the Term A Loan.
Tranche A Warrants means the Warrants designated as “Tranche A common share purchase warrants”.
Tranche A Warrants means warrants issued pursuant to the Warrant
Tranche A Warrants means, collectively, the Series A-1 Common Stock purchase warrants delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof, which Tranche A Warrants shall be exercisable immediately upon issuance and have a term of exercise equal to five (5) years, in the form of Exhibit B-1 attached hereto.