Common Warrants means, collectively, the Common Stock purchase warrants delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof, which Common Warrants shall be exercisable immediately and have a term of exercise equal to five (5) years, in the form of Exhibit A attached hereto.
SPAC Warrants means the SPAC Public Warrants and the SPAC Private Placement Warrants.
Series D Warrants means, collectively, the Series D Common Stock purchase warrants delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof, which Warrants shall be exercisable immediately and have a term of exercise equal to 5 years, in the form of Exhibit C attached hereto
Option Warrants shall have the meaning ascribed to such term in Section 2.2(a).
Series C Warrants means, collectively, the Series C Common Stock purchase warrants delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof, which Warrants shall be exercisable immediately and have a term of exercise equal to 9 months, in the form of Exhibit A attached hereto.
Series B Warrants means, collectively, the Series B Common Stock purchase warrants delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof and the other Series B Warrants contemplated under Section 2.1 to be issued concurrently at the Closing, which Series B Warrants shall be exercisable beginning immediately and have a term of exercise equal to five (5) years, in the form of Exhibit B-2 attached hereto.
Initial Warrants means the warrants of the Company to purchase shares of Common Stock underlying the Initial Units issued and outstanding prior to the IPO.
Existing Warrants means any warrants to purchase Common Stock outstanding on the date of this Agreement.
Parent Warrants means the outstanding warrants to purchase Parent Common Stock.
Common Warrant Shares means the shares of Common Stock issuable upon exercise of the Common Warrants.
Closing Warrants shall have the meaning ascribed to such term in Section 2.1(a)(ii).
Placement Agent Warrants shall have the meaning set forth in the Subscription Agreement.
Special Warrants means the special warrants issued by the Company, at a price of $0.10 per Special Warrant, pursuant to the Special Warrant Private Placement and entitling the holder thereof to acquire, for no additional consideration, one Common Share pursuant to the terms and conditions in the Special Warrant Certificates; and
Purchaser Warrants means Purchaser Private Warrants and Purchaser Public Warrants, collectively.
Investor Warrants has the meaning given it in the recitals of this Agreement.
Broker Warrants has the meaning ascribed to such term in Section 12 hereof;
Placement Warrants shall have the meaning given in the Recitals hereto.
Private Warrants means the Warrants the Investors are privately purchasing simultaneously with the consummation of the Company’s initial public offering.
Class B Warrants means, collectively, the Common Stock purchase warrants in the form of Exhibit C attached hereto delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof, which warrants shall be exercisable immediately and have a term of exercise equal to one year.
New Warrants means those certain warrants to purchase New Valaris Equity on the terms set forth in the New Warrant Agreement.
Series A Warrants means, collectively, the Common Stock purchase warrants delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof, which Warrants shall be exercisable immediately from the Closing Date and have a term of exercise equal to five (5) years, in the form of Exhibit A attached hereto.
Private Placement Warrants shall have the meaning given in the Recitals hereto.
Additional Warrants means such further warrants as may be required or permitted to be issued by the Company in accordance with Condition 5 (such further warrants to rank pari passu with the Original Warrants and for all purposes to form part of the same series), each such Additional Warrant entitling the holder thereof to subscribe for one (1) New Share at such price as may be determined in accordance with Condition 5, upon and subject to the Conditions;
Company Warrants means warrants to purchase shares of Company Common Stock.
Book Entry Warrants means Warrants that are to be held only by or on behalf of the Depository;
Sponsor Warrants shall have the meaning given in the Recitals hereto.