Existing Warrants definition
Examples of Existing Warrants in a sentence
The Holder has made an independent decision to exchange its Existing Warrants for Exchange Warrants and is relying solely on its own accounting, legal and tax advisors, and not on any statements of the Company or any of its agents or representatives, for such accounting, legal and tax advice with respect to its acquisition of the Exchange Warrants, and any shares underlying therein, and the transactions contemplated by this Agreement.
The Holder acknowledges that the Company has not given any investment advice, rendered any opinion or made any representation to the Holder about the advisability of this decision or the potential future value of any of the Existing Warrants.
Schedule 3.3 sets forth the number of Ordinary Shares reserved for issuance pursuant to Ordinary Share Equivalents (which, for purposes of this Agreement, means any securities of the Company that are convertible into or exercisable or exchangeable for Ordinary Shares, whether or not then convertible, exercisable or exchangeable), other than the Existing Warrants and the Ordinary Shares previously reserved for issuance upon exercise of the Existing Warrants.
The Holder owns and holds, beneficially and of record, the entire right, title, and interest in and to its Existing Warrants, free and clear of any Liens (as defined below).
The Company and the Holder shall execute and/or deliver such other documents and agreements as are customary and reasonably necessary to effectuate the Exchange (and cancellation) of the Existing Warrants and issuance of the Exchange Warrants.