Guarantor Warrants Sample Clauses
Guarantor Warrants. On or prior to the Closing Date, Borrowers shall cause the Guarantor to issue and deliver to the Lender warrants to purchase 600,000 common shares in the Guarantor (the “Guarantor Warrants”), in the form of Exhibit F hereto.
Guarantor Warrants. Concurrently upon the consummation of the Exchange Transactions, the Lenders shall transfer to the Company for cancellation all of the Company Warrants and the Guarantor shall issue to the Lenders five year warrants to purchase an aggregate of 10,000,000 shares of common stock of the Guarantor for $0.50 per share (the "Guarantor Warrants"), otherwise in the form of the Warrants.
Guarantor Warrants. (a) On the Guarantee Performance Date, whether or not the Investors are required to purchase any shares of Reorganized Seitel Common Stock (assuming, for the purpose of this Section 2.02(a), the non-occurrence and non-existence of any breach of HBV's and the HBV Investors' obligations hereunder), the Guarantor Warrants shall be issued to the Investors on a pro rata basis according to a schedule to be delivered by the Investor Representative to the Reorganized Debtor not less than three (3) days prior to the Guarantee Performance Date.
Guarantor Warrants. Borrowers shall cause 12,600,000 common share warrants in the Guarantor (the "Guarantor Warrants") to be issued and delivered to the Lender on the Closing Date, in the form of Exhibit D hereto.
Guarantor Warrants