Commitment Warrants definition

Commitment Warrants shall have the meaning set forth in Section 2.4.1, the form of which is attached hereto as Exhibit U.

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Commitment Warrants shall have the meaning set forth in Section 2.4.1, the form of which is attached hereto as EXHIBIT U.

Commitment Warrants shall have the meaning set forth in Section 2.7.

Examples of Commitment Warrants in a sentence

• The Additional Warrants shall be exerciseable at the same price as the Commitment Warrants, shall have the same reset provisions as the Commitment Warrants, shall have piggyback registration rights and shall have a 5-year term.

• Accordingly, the provisions of Subdivision B – Redundancy Pay of Division 11 of the NES do not apply to the Employer and Employees covered by this Agreement.

• The Seller shall promptly notify the Buyer in writing of all matters which may give rise to the right to indemnification hereunder, it being understood that if the Buyer does not receive notice of any matter known to the Seller and as to which the Seller is entitled to indemnification hereunder in time to contest the determination of any such liability which is susceptible to being successfully contested, the Buyer shall not be obligated to indemnify the Seller with respect thereto.

• The Company shall take such action as the Company shall reasonably determine is necessary in order to obtain an exemption for, or to qualify the Backstop Units and Commitment Warrants for, sale to the Backstop Investor at the Expiration Date under applicable securities or “Blue Sky” laws of the states of the United States, and shall provide evidence of such actions promptly upon request of the Backstop Investor.

• Notwithstanding any Termination or Automatic Termination (as each is defined in the Investment Agreement) of the Investment Agreement, this Agreement, including but not limited to the Company's obligation to issue Additional Warrants, shall remain in full force and effect throughout the term of the Commitment Warrants, and may not be terminated.

More Definitions of Commitment Warrants

Commitment Warrants means the common share purchase warrants to be issued on the First Closing Date, each warrant being exercisable into one Common Share at the Commitment Warrant Exercise Price for a period of three (3) years from the First Closing Date, in the form of warrant certificate attached hereto as Exhibit 2;

Commitment Warrants shall have the meaning set forth in Section 2.4.1, the form of which is attached hereto as Exhibit P. "Common Shares" shall mean the shares of Common Stock of the Company.

Commitment Warrants means the aggregate of 53,846 warrants to purchase shares of Common Stock issued to Purchasers of Convertible Debentures upon execution of the Purchase Agreement, pro rata based on each such Purchaser’s maximum amount of the Total Commitment amount.

Commitment Warrants shall have the meaning ascribed to such term in the preamble of this Agreement;

Commitment Warrants has the meaning set forth in Section 2.9(a).

Commitment Warrants means warrants to purchase an aggregate of 500,000 shares of Common Stock at an exercise price of $3.50 per share (subject to adjustment), in the form attached hereto as Exhibit B.

Commitment Warrants has the meaning set forth in the recitals. ​