Equity Warrants definition

Equity Warrants shall have the meaning set forth in the recitals.
Equity Warrants. An equity warrant allows an investor the right to subscribe for a fixed number of ordinary shares at a pre-determined price on a future date or during a fixed period of time. Since the price of the warrants is generally substantially less than the price of the share itself, an increase in the share price will generally cause a disproportionate increase in the value of the warrant. On the other hand, a fall in the share price may cause a disproportionate decrease in the value of the warrant and in some cases, such a fall in share price may cause a warrant to become valueless. The use of warrants by the Holder will, therefore, usually mean that the value of the Option Securities will increase or decrease at a greater rate than would have been the case if the relevant investment had actually been made in the shares underlying the relevant warrants.

More Definitions of Equity Warrants

Equity Warrants means the warrants issued under Warrant Tranche 1 and Warrant Tranche 2 to the Consenting Holders as part of the Comprehensive Settlement Distribution, as more fully described in Article IV.D of the Plan.
Equity Warrants means the Warrants issued to the Holders of Interests in Class 8, pursuant to the terms of the Warrant Agreement.
Equity Warrants has the meaning ascribed to such term in the Subscription Receipt Agreement;
Equity Warrants means warrants to purchase Common Stock previously issued by the Company that contain full-ratchet anti-dilution adjustment provisions.
Equity Warrants means the warrants issued pursuant to the Series A Preferred Stock and Warrant Purchase Agreement, dated as of May 30, 1997, as amended by that certain First Amendment to Preferred Stock and Warrant Purchase Agreement dated as of July 11, 1997, as further amended by that certain Second Amendment to Preferred Stock and Warrant Purchase Agreement dated as of October 27, 1997, as further amended by that certain Third Amendment to Preferred Stock and Warrant Purchase Agreement dated as of October 31, 1997, and as further amended by that certain Fourth Amendment to Preferred Stock and Warrant Purchase Agreement dated as of the date hereof (as such may be amended, restated, supplemented or otherwise modified from time to time), among the Issuer, Creditanstalt, FF-ITP, L.P. and certain shareholders of the Issuer named therein.
Equity Warrants as set forth in Section 1 of the Warrant Agreement is hereby deleted in its entirety and the following definition is substituted in lieu thereof:
Equity Warrants means the warrants issued pursuant to the Purchase Agreement.