Conversion Warrant definition

Conversion Warrant means share purchase warrants of the Corporation to be issued as part of the Conversion Units in connection with the conversion of this Convertible Debenture, and exercisable to purchase a Warrant Share at $0.75 per Warrant Share expiring four years after the date this Convertible Debenture is converted into Conversion Units;

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Conversion Warrant shall have the meaning set forth in Section 9.1.

Conversion Warrant shall have the meaning specified in Section 2(e). ------------------

Examples of Conversion Warrant in a sentence

• The Company (i) has duly and validly authorized and reserved for issuance shares of Common Stock, which is a number sufficient for the conversion of the Debenture and the exercise of the Conversion Warrant and (ii) at all times from and after the date hereof shall have a sufficient number of shares of Common Stock duly and validly authorized and reserved for issuance to satisfy the conversion of the Debenture in full and the exercise of the Conversion Warrant.

• The Company at all times from and after the date hereof shall have such number of shares of Common Stock duly and validly authorized and reserved for issuance as shall be sufficient for the conversion in full of the Debenture and the exercise of the Conversion Warrant.

• The Company further acknowledges that its obligation to issue Conversion Shares upon conversion of the Debenture and the exercise of the Conversion Warrant and the Initial Warrant in accordance with this Agreement is absolute and unconditional regardless of the dilutive effect that such issuance may have on the ownership interests of other stockholders of the Company and notwithstanding the commencement of any case under 11 U.S.C. ss.

• The form of warrant evidencing the Conversion Warrant shall be identical to the form attached as Exhibit C hereto.

• For purposes of this Agreement, the term "DOCUMENTS" means (i) this Agreement; (ii) the Registration Rights Agreement dated as of even date herewith between the Company and Buyer, (iii) the Debenture; and (iv) the Conversion Warrant.

More Definitions of Conversion Warrant

Conversion Warrant shall have the meaning set forth in Section 5.2.

Conversion Warrant means a non-transferable warrant exercisable until 4:30 p.m. (local Vancouver time) on the earlier of the second anniversary of its issue and March 31, 2008 to purchase one common share without par value in the capital of Accelrate for the following prices:

Conversion Warrant has the meaning specified in Recital C. ------------------

Conversion Warrant means share purchase warrants of the Corporation to be issued as part of the Conversion Units in connection with the conversion of this Convertible Debenture, and exercisable to purchase a Warrant Share at $0.30 per Warrant Share, expiring on February 28, 2012;

Conversion Warrant means the right to purchase one Conversion Warrant Share, which right, together with one Conversion Share, represents a Conversion Unit.

Conversion Warrant means a warrant issued by the Surviving Corporation exercisable into the applicable number of Conversion Shares determined pursuant to this Section 3.8 at an exercise price per Conversion Share equal to $0.001.

Conversion Warrant has the meaning set forth in Section 2.2(e)(i).