Examples of CS Warrant in a sentence
Each CS Warrant entitles the holder to acquire an additional Rover Share at a purchase price of $0.25 for a period of 12 months following the date of issuance and at an exercise price of $0.50 for the period commencing 12 months following the date of issuance and ending 24 months following the date of issuance.
In the event that a CS Warrant lapses, distributions that would have been made to the holder of such warrant pursuant to the foregoing provisions of this Section 5.1.4(c) shall be made to, or to the designee of, such holder within five (5) Business Days of such lapse.
All Available Cash allocated under Section 5.1.2 to any Member or any holder of a CS Warrant shall be distributed to such Member or such holder within two (2) Business Days of the receipt by the Company of such cash.
All non-cash earnings in respect of an asset in the CS Warrant Account shall remain in the account and be distributed in accordance with Section 5.1.4(c).
As of the date hereof, the CS Warrant shall be amended to constitute a warrant for the purchase of fifty thousand (50,000) Class B Units having terms substantially identical to those set forth in the Units Purchase Warrant attached hereto as Exhibit 2(B).
The issuance as of September 27, 1999 to CS, of a warrant for the purchase of fifty thousand (50,000) Class C Units having terms substantially identical to those set forth in the HF Class C Purchase Warrant attached hereto as Exhibit 2(A) (such warrant and any warrant issued to reflect a partial exercise or a transfer of a portion of such warrant, a "CS Warrant") has been previously approved and the CS Warrant is a valid and binding obligation of the Company.
Notwithstanding the provisions of Sections 5.5.2 and 5.5.3, all income earned in respect of any non-cash assets allocated to a CS Warrant Account shall be specially allocated to the holder of the CS Warrant in respect of which such account was established.
Notwithstanding the foregoing sentence, an amount equal to all cash earnings received by the Company in respect of any non-cash asset held in the CS Warrant Account shall be distributed, to the extent of Available Cash, to the holder of the CS Warrant in respect of which such account was established as soon as reasonably practicable following the receipt by the Company of such cash.
All assets other than Available Cash allocated under Section 5.1.3(a) to any Member or any holder of a CS Warrant shall be distributed to such Member or such holder as soon as reasonably practicable.
The portion of each non-cash asset allocated pursuant to Section 5.1.3(b) to a CS Warrant Account shall be held in such account, and no portion of such non-cash asset shall be distributed to the holder of the CS Warrant in respect of which such account was established other than in accordance with Section 5.1.4(c).