Examples of HY Merger in a sentence
This Warrant shall be exercisable for (i) three hundred ninety-nine thousand and three hundred forty-seven (399,347) shares of the Class (as may be adjusted from time to time in accordance with the provisions of this Warrant, the “Shares”), which the Company represents is equal to seventy-five hundredths percent (0.750%) of the Company’s Fully-Diluted Shares Outstanding determined as of immediately following the closing of the HY Merger.
Promptly following closing of the HY Merger, the Company shall deliver to Holder at its address set forth in Section 5.5 below a certificate pursuant to Section 2.4 below setting forth the number of Shares for which this Warrant shall then be exercisable in accordance with Paragraph A(2) above, together with a summary capitalization table showing the components of the Fully-Diluted Shares Outstanding described in the above definition thereof used in such determination.