Examples of Management Warrants in a sentence
The Securities and the Management Warrants conform in all material respects to all statements with respect thereto contained in the Registration Statement.
The Management Warrants consist of Warrants identical in all respects to the Warrants included in the Units offered in the Offering, except that the Management Warrants have cashless exercise provisions.
A Share Right or Management Warrant is vested on the Eligible Employee and exercisable immediately upon his or her acceptance of the offer of Share Rights or Management Warrants, provided that any applicable vesting conditions specified in the offer of Share Rights and Management Warrants are satisfied at the determination of the ESR Scheme Committee.
Concurrently herewith, each of the Initial Stockholders is entering into a subscription agreement (the "Management Subscription Agreements") with the Company in the form annexed as Exhibit 10.8 to the Registration Statement, whereby each of the Initial Stockholders is purchasing his respective portion of the Management Warrants and is waiving his right to receive distributions upon any liquidation of the Company prior to a Business Combination.
An award of Share Rights or Management Warrants is open for acceptance for such period specified in the relevant award letter, but in any case no later than the Listing, after which an offer not accepted would automatically lapse.
No Share Rights or Management Warrants may be awarded after the Listing and any Share Rights or Management Warrants not awarded prior to the Listing are incapable of being granted or accepted after the Listing.
The Management Warrants will not be listed on the Mainboard of the SGX-ST.
No fractional shares of New Common Stock, no fractional New Warrants, no fractional New Management Warrants, nor fractional dollars shall be distributed.
NIRVANA ASIA LTD INTERIM REPORT 2016Other Information (Continued) Prior to the Listing, the maximum number of Shares to be issued upon the exercise of the Share Rights and Management Warrants which may be granted under the ESR Scheme shall not exceed 634,750 and 538,987, respectively.
All 634,750 Share Rights had been granted to and accepted by the Eligible Employees on June 30, 2014 and all 538,987 Management Warrants had been granted to and accepted by Ryian S Ltd on June 30, 2014 for the benefit of Mr. Soo, in each case at a consideration of RM10.00 per grant.