Outstanding Warrants Sample Clauses

Outstanding Warrants. The Warrants outstanding at any time are all Warrants evidenced on all Warrant Certificates authenticated by the Warrant Agent except for those canceled by it and those delivered to it for cancellation. A Warrant ceases to be outstanding if the Company or an Affiliate of the Company holds the Warrant. If a Warrant Certificate is replaced pursuant to Section 2.06, the Warrants evidenced thereby cease to be outstanding unless the Warrant Agent and the Company receive proof satisfactory to them that the replaced Warrant Certificate is held by a bona fide purchaser.
Outstanding Warrants. (a) Warrants outstanding at any time are all Warrants that have been countersigned by the Warrant Agent except for:
Outstanding Warrants. Subject to Section 6.02, the Warrants outstanding at any time are all Warrants evidenced on all Warrant Certificates authenticated by the Warrant Agent except for those canceled by it and those delivered to it for cancellation; provided that in determining the “Majority Holders” as defined in the Warrant Certificate, Warrants owned by the Company or by any Affiliate of the Company shall be disregarded and deemed not to be outstanding. The Company shall not sell, and shall use commercially reasonable efforts to prevent any Affiliate of the Company from selling, any Warrant if the Warrant would constitute a “restricted security” (within the meaning of Rule 144 under the Securities Act) upon such resale. If a Warrant Certificate is replaced pursuant to Section 2.06, the Warrants evidenced thereby cease to be outstanding unless the Warrant Agent and the Company receive proof satisfactory to them that the replaced Warrant Certificate is held by a bona fide purchaser.
Outstanding Warrants. Each outstanding warrant to purchase Company Shares (each, a "Company Warrant") prior to the Effective Time and which remains outstanding immediately prior to the Effective Time shall cease to represent a right to acquire Company Shares and shall be converted automatically, at the Effective Time (in accordance with the further provisions contained in Section 6.19), into and represent a warrant to purchase, on the same terms and conditions as were applicable under the Company Warrant (taking into account any changes thereto), Parent Shares ("Substitute Warrants"), and Parent shall assume each such Substitute Warrant subject to the terms of the agreements evidencing grants thereunder (the "Company Warrant Agreements"), provided, however, that from and after the Effective Time: (i) the number of Parent Shares purchasable upon exercise of the Substitute Warrant shall be equal to the number of Parent Shares that were purchasable under the Substitute Warrant immediately prior to the Effective Time multiplied by the Exchange Ratio, rounded down to the nearest whole share, and (ii) the per share exercise price under each Substitute Warrant shall be adjusted by dividing the per share exercise price of each Substitute Warrant by the Exchange Ratio, rounded up to the nearest cent. The terms of each Substitute Warrant shall, in accordance with its terms, be subject to further adjustment as appropriate to reflect any stock split, stock dividend, recapitalization or other similar transaction with respect to Parent Shares subsequent to the Effective Time.
Outstanding Warrants. (a) Warrants outstanding at any time are all Warrants that have been executed by the Partnership except for:
Outstanding Warrants. The Warrants outstanding at any time are all the Warrants authenticated by the Warrant Agent except for those canceled by it, those delivered to it for cancellation, those reductions in the interest in a Global Warrant effected by the Warrant Agent in accordance with the provisions hereof, and those described in this Section as not outstanding. Except as set forth in Section 3.9 hereof, a Warrant does not cease to be outstanding because Holdings or an Affiliate of Holdings holds the Warrant. If a Warrant is replaced pursuant to Section 3.7 hereof, it ceases to be outstanding unless the Warrant Agent receives proof satisfactory to it that the replaced Warrant is held by a bona fide purchaser.
Outstanding Warrants. Holder holds Outstanding Warrants to acquire 370,208 shares of Common Stock. The Outstanding Warrants currently have an exercise price of $6.25 per share of Common Stock. The parties agree to reduce the exercise price of the Outstanding Warrants to $5.30 per share; provided that, the Outstanding Warrants are exercised on the timetable and other terms and conditions set forth in this Agreement.
Outstanding Warrants. As soon as practicable following the date of this Agreement, the Company shall use its reasonable best efforts to cause all outstanding warrants for Common Stock to be canceled in exchange for the right to receive at the Effective Time an amount in cash equal to the product of (i) the total number of shares of Common Stock subject to such warrant, multiplied by (ii) the excess, if any, of the Merger Consideration over the exercise price per share of Common Stock subject to such warrant.
Outstanding Warrants. Warrants to acquire the number of shares of common stock at the exercise prices set forth below are currently outstanding and exercisable: No. of Shares of Common Stock Exercise Price 770,349 $ 7.82 770,348 $ 7.31 581,395 $ 5.69 192,029 $ 5.06 192,029 $ 5.29 192,028 $ 6.53 The warrants were originally issued to Laurus Master Fund, Ltd.