Examples of Issuer Warrants in a sentence
Each Issuer may issue Warrant Linked Notes where the amount payable on redemption is determined by reference to the changes in the value of warrants issued by the Warrant Issuer (Warrants).
As such, the Company has allocated the entire proceeds of $3,962,800 to the Resulting Issuer shares, with no proceeds allocated to the Resulting Issuer Warrants or BCI Broker Warrants.
After the payment of various commissions and expenses related to the brokered private placement, Bhang Canada was left with net proceeds of CAD$5,201,968 ($3,962,800), which represents the consideration the Company received as consideration for the issuance of the Resulting Issuer Shares and Resulting Issuer Warrants and BCI Broker Warrants and the Company has used the residual method to allocate the proceeds.
The BCI Shares and BCI Warrants issued upon conversion of the Brokered Subscription Receipts were immediately exchanged, without additional consideration or action, for SVS and warrants of the Company ("Resulting Issuer Shares" and "Resulting Issuer Warrants" respectively), on Closing pursuant to the terms of the Definitive Agreement.
If non-syndicated, name and address of relevant Manager:Citigroup Global Markets Limited at Citigroup Centre, Canada Square, Canary Wharf, London E14 5LB, United Kingdom If syndicated, names and addresses of Managers:Not Applicable Date of Subscription Agreement:Not Applicable Prohibition of Sales to EEA Retail Investors:Applicable3ADDITIONAL U.S. FEDERAL INCOME TAX CONSEQUENCES The Warrants are Non-U.S. Issuer Warrants.
If non-syndicated, name and address of relevant Manager:Citigroup Global Markets Limited at Citigroup Centre, Canada Square, Canary Wharf, London E14 5LB, United Kingdom If syndicated, names and addresses of Managers:Not Applicable Date of Subscription Agreement:Not Applicable Prohibition of Sales to EEA Retail Investors:Applicable6ADDITIONAL U.S. FEDERAL INCOME TAX CONSEQUENCES The Warrants are Non-U.S. Issuer Warrants.
Resulting Issuer Warrants Upon completion of the Transaction: (i) assuming the minimum offering amount is raised under the Financing, there will be 4,000,000 outstanding warrants, each exercisable for one Resulting Issuer Share; or (ii) assuming the maximum offering amount is raised under the Financing, there will be 10,000,000 outstanding warrants, each exercisable for one Resulting Issuer Share.
Resulting Issuer Warrants Upon completion of the Proposed Transaction: (i) assuming the minimum offering amount is raised under the Carrara Financing, there will be 2,000,000 outstanding warrants, each exercisable for one Resulting Issuer Share; or (ii) assuming the maximum offering amount is raised under the Carrara Financing, there will be 10,000,000 outstanding warrants, each exercisable for one Resulting Issuer Share.
The Issuer Common Stock and the Issuer Warrants are subject to certain transfer restrictions set forth in the Stockholders Agreement dated as of October 15, 2009 (the "Stockholders Agreement"), by and among General Motors Company, United States Department of the Treasury ("UST"), 7176384 Canada Inc., UAW RMBT and, solely for the purposes of Section 6.20 thereof, General Motors LLC.
Upon the completion of the Proposed Transaction, the Resulting Issuer Warrants will be exercisable to acquire Resulting Issuer Shares on the same terms applicable to the exercise of the Warrants mutatis mutandis.