FP Warrants definition

FP Warrants means the warrants to purchase shares of FP Holding Common Stock issued and outstanding immediately prior to the Effective Time, as set forth on Schedule A attached hereto (which Schedule A shall be adjusted as necessary to reflect any decreases between the date of this Agreement and the Closing). The “A Increment” means the product obtained by multiplying the aggregate number of FP Warrants by $3.62. The “Step A Share Value” shall be determined by dividing (i) the sum of the Base Consideration plus the Excess Capital plus the A Increment by (ii) the sum of the Base FP Shares plus the FP Warrants; i.e., for clarity: Base Consideration + Excess Capital + A Increment Base FP Shares + FP Warrants
Sample 1

Examples of FP Warrants in a sentence

  • In addition, no opinion is to be expressed regarding any tax consequences associated with the exchange of FP Warrants of Zions Warrants.

  • The Person serving as the FP Representative may be replaced from time to time by a vote of the FP Indemnity Securityholders who held a majority of the issued and outstanding shares of FP Holding Common Stock (including, for this purpose, the shares of FP Holding Common Stock underlying the FP Warrants and the FP Director Options) as of the Closing Date.

  • FP Holding shall cause to be distributed a shareholder representation letter (a “Shareholder Representation Letter”) substantially in the form attached hereto as Exhibit D, pursuant to which holders of FP Holding Common Stock, FP Warrants and FP Director Options will be asked to indicate whether such holder qualifies as an Accredited Investor as of the date(s) specified therein.

  • As of the date of this Agreement, there were outstanding FP Options to purchase 307,550 shares of FP Holding Common Stock pursuant to the FP Stock Incentive Plan and FP Warrants to purchase 257,074 shares of FP Holding Common Stock.

Related to FP Warrants

  • SPAC Warrants means the SPAC Public Warrants and the SPAC Private Placement Warrants.

  • Common Warrants means, collectively, the Common Stock purchase warrants delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof, which Common Warrants shall be exercisable immediately and have a term of exercise equal to five (5) years, in the form of Exhibit A attached hereto.

  • Series C Warrants means, collectively, the Series C Common Stock purchase warrants delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof, which Warrants shall be exercisable immediately and have a term of exercise equal to 9 months, in the form of Exhibit A attached hereto.

  • Series D Warrants means, collectively, the Common Stock purchase warrants delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof, which Warrants shall be exercisable immediately upon issuance and have a term of exercise equal to five (5) years, in the form of Exhibit C attached hereto.

  • Series B Warrants means, collectively, the Series B Common Stock purchase warrants delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof and the other Series B Warrants contemplated under Section 2.1 to be issued concurrently at the Closing, which Series B Warrants shall be exercisable beginning immediately and have a term of exercise equal to five (5) years, in the form of Exhibit B-2 attached hereto.

  • Existing Warrants means any warrants to purchase Common Stock outstanding on the date of this Agreement.

  • Option Warrants shall have the meaning ascribed to such term in Section 2.2(a).

  • Series A Warrants means, collectively, the Common Stock purchase warrants delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof, which Warrants shall be exercisable immediately from the Closing Date and have a term of exercise equal to five (5) years, in the form of Exhibit A attached hereto.

  • Investor Warrants has the meaning given it in the recitals of this Agreement.

  • Class B Warrants means the Common Stock purchase warrants delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof, which Warrants shall be exercisable immediately and have a term of exercise equal to 5 years, in the form of Exhibit C attached hereto.

  • Parent Warrants shall have the meaning assigned to it in Section 1.7(c) hereof.

  • Common Warrant Shares means the shares of Common Stock issuable upon exercise of the Common Warrants.

  • New Warrants means those certain warrants to purchase New Valaris Equity on the terms set forth in the New Warrant Agreement.

  • Initial Warrants means the warrants of the Company to purchase shares of Common Stock underlying the Initial Units issued and outstanding prior to the IPO.

  • Purchaser Warrants means Purchaser Private Warrants and Purchaser Public Warrants, collectively.

  • Company Warrants means warrants to purchase shares of Company Common Stock.

  • Broker Warrants has the meaning ascribed to such term in Section 12 hereof;

  • Book Entry Warrants means Warrants that are to be held only by or on behalf of the Depository;

  • Closing Warrants shall have the meaning ascribed to such term in Section 2.1(a)(ii).

  • Special Warrants means the special warrants issued by the Company, at a price of $0.10 per Special Warrant, pursuant to the Special Warrant Private Placement and entitling the holder thereof to acquire, for no additional consideration, one Common Share pursuant to the terms and conditions in the Special Warrant Certificates; and

  • Series F Preferred Shares means the Series F Preferred Shares of the Company, par value US$0.0001 per share, with the rights and privileges as set forth in the Memorandum and Articles.

  • Private Warrants means the Warrants the Investors are privately purchasing simultaneously with the consummation of the Company’s initial public offering.

  • Public Warrants means the warrants included in the public units issued in the IPO, each of which is exercisable for one share of Common Stock, in accordance with its terms.

  • Sponsor Warrants shall have the meaning given in the Recitals hereto.

  • Class A Warrants means, collectively, the Common Stock purchase warrants delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof, which Warrants shall be exercisable immediately and have a term of exercise equal to five (5) years, in the form of Exhibit A attached hereto.

  • Series B Preferred Shares means the Series B Preferred Shares of the Company, par value US$0.0001 per share, with the rights and privileges as set forth in the Memorandum and Articles.