Definition of LB Securities


LB Securities means Lehman Brothers Securities N.V.

Examples of LB Securities in a sentence

If the Company consummates a Transaction with any of the Littelbanc Investors, the Company shall pay to Littlebanc a transaction fee (the Transaction Fee) comprised of: (i) A cash fee equal to 5 % of Consideration (as defined in Exhibit A); and (ii) One share of five (5) year warrants for every 20 shares purchased by an Investor in the Transaction (the LB Securities) issued by the Company to Littlebanc or its designees, at an exercise price equal two dollars and fifty cents ($2.50) per share.