Amendments to the Warrant Agreement. The Warrant Agreement is hereby amended as follows:
Amendments to the Warrant Agreement. The Company and Warrantholder hereby agree to the following amendments to the Warrant Agreement.
Amendments to the Warrant Agreement. (a) References in the Warrant Agreement (i) to the “Company” shall refer to Talos Energy Inc. and (ii) to the “Common Stock” shall refer to the common stock, par value $0.01 per share, of Talos Energy Inc.
Amendments to the Warrant Agreement. (a) Section 1.01 of the Warrant Agreement is hereby amended by adding the following new definitions: SC1:4504114.2
Amendments to the Warrant Agreement. As of the date hereof, the Warrant Agreement is hereby amended, modified and supplemented as follows:
Amendments to the Warrant Agreement. The above mentioned amendment shall be conditioned to the execution by the Company with each Manager, concurrently with the execution hereof, of a Third Amendment to the Warrant Agreements in order to: (i) cause all the Warrants which have been converted to Vested Warrants as of the date hereof to cease to be vested; (ii) divide the total outstanding Warrants and fix new Exercisability Dates, so that only three series exist (Series I, Series II and Series III), each of which shall contain an equal number of Warrants, which shall be vested, upon satisfaction of the requirements set forth in the Warrant Agreements, in fifths as from the first, second, third, fourth and fifth anniversaries of the original expiration date of the Term contemplated in Section 5.1 of the Opportunities Assignment Agreement, i.e., September 27, 2009; (iii) to fix the Exercise Price of all the Warrants outstanding as of the date hereof at US$ 0.27, which price shall be subject to adjustment as set forth in the Warrant Agreements; (iv) to extend the possibility of transferring the Warrants that are not Vested Warrants to management personnel of the Company and its subsidiaries and the external advisers to any of them; and (v) to amend Section 3.4. of the Agreements so as to cause the Register of Warrants to be governed by Caja de Valores S.A.’s current and future regulations. THREE MISCELLANEOUS
Amendments to the Warrant Agreement. 1.1 AMENDMENT TO SUBSECTION 17.5:
Amendments to the Warrant Agreement. (1) This First Supplemental Warrant Agreement is supplemental to the Warrant Agreement, and the Warrant Agreement shall henceforth be read in conjunction with this First Supplemental Warrant Agreement, and all the provisions of the Warrant Agreement, except only insofar as the same may be inconsistent with the express provisions hereof, shall apply and have the same effect as if all the provisions of the Warrant Agreement and this First Supplemental Warrant Agreement were contained in one instrument.
Amendments to the Warrant Agreement. Section 2 (c) is amended in its entirety to read as follows: The Warrant may be exercised at any date and time between effective Disbursement pursuant to the terms of the Convertible Loan Agreement and the close of business on the fifth anniversary of the Effective Date (the Exercise Period).
Amendments to the Warrant Agreement. Effective as of the Redomestication Merger Effective Time (as defined in the Merger Agreement), the Warrant Agreement shall be amended as follows:
