Examples of Existing Warrants in a sentence
Prior to the execution and delivery of this Agreement the Investor and its Affiliates do not beneficially own or otherwise have economic exposure to, or any rights or options to acquire beneficial ownership of or economic exposure to, any voting securities of the Company other than pursuant to the Existing Warrants and as set forth in Schedule 3.11.
The Company has taken all appropriate actions so that the restrictions on business combinations contained in Section 203 of the General Corporation Law of the State of Delaware (as amended from time to time) will not apply with respect to or as a result of the issuance of the Shares or the issuance of the shares of Company Common Stock pursuant to the terms of the Existing Warrants to the Investor without any further action on the part of the stockholders or the Board of Directors being required.
The Existing Warrants issued to OC II FIE V LP shall have no price or share adjustments as a result of the issuance of the Tenth Amendment Warrants and the repricing of the Existing Warrants referenced in the immediately preceding sentence.
The Existing Warrants issued to Blue Torch or any of its Affiliates and the Existing Warrants issued to OC III LVS XL LP shall have been repriced to equal the NASDAQ official closing price as of the Business Day immediately prior to the Tenth Amendment Effective Date.