Examples of Class B Warrant in a sentence
The Class B Warrant Instruments have anti-dilution protection so that, in the event of further share issuances by the Company, the number of Ordinary Shares to which the holder of a Class B Warrant is entitled will be adjusted so that he receives the same percentage of the issued share capital of the Company (as nearly as practicable), as would have been the case had the issuances not occurred.
Each Class B Warrant represented hereby is exercisable at the option of the Registered Holder, but no fractional shares of Common Stock will be issued.
Each Class B Warrant entitles the holder to receive one Ordinary Share.
Upon exercise of a Class A Warrant, the holder of the Warrant shall receive one Warrant Share and Class B Warrant.
In the event of any conflict between the provisions of this Amendment and the Class B Warrant, the provisions of this Amendment shall govern.