New Series B Warrants definition

New Series B Warrants means those certain warrants issued pursuant to the Plan and the New Series B Warrant Agreement and consistent with the terms set forth in the New Warrants Term Sheet.

New Series B Warrants means the warrants of Company issued as of the Closing Date and expiring seven years after the date of issuance, subject to the terms and conditions of the Warrant Agreement, to purchase common stock of Company at an exercise price of $7.50 per share as authorized under the Stand-Alone Plan.

New Series B Warrants means warrants to be issued on the Effective Date pursuant to the terms of the New Warrant Agreement (the form of which will be included in the Plan Supplement) to acquire, in the aggregate, 672,175 shares of New Common Stock, subject to adjustment as set forth in the New Warrant Agreement (which represents 4.1% of the New Common Stock issued and outstanding on the Effective Date, together with all New Common Stock issuable upon exercise of the New Warrants), with an expiration date of the seventh anniversary of the Effective Date, and an exercise price of $68.56 per share, based on an implied total enterprise value for Reorganized Tronox of $1.5 billion. The New Series B Warrants and the shares of New Common Stock issued upon exercise thereof will be subject to dilution by any shares of New Common Stock issued after the Effective Date, including shares issued under the Management Equity Plan.

Examples of New Series B Warrants in a sentence

• The New Series B Warrants and the New Series C Warrants have the terms and conditions described below.

• For a discussion of the New Series B Warrants and New Series C Warrants, see subsections VI.E.2 and VI.E.3, below, entitled "Securities to Be Issued Pursuant to the Plan -- New Series B Warrants" and "Securities to Be Issued Pursuant to the Plan -- New Series C Warrants," respectively.

• In particular, “[o]n December 23, 2015, the Company and the [Private Equity] Investors rescinded the sale and purchase of 666,666 shares of common stock and exchanged the Old Series A Warrants for the New Series A Warrants to purchase up to an aggregate of 3,250,000 shares of our common stock, and the Old Series B Warrants for the prepaid New Series B Warrants to purchase shares of our common stock, subject to adjustments pursuant to their terms.

• So long as any New Series A Warrants or New Series B Warrants remain outstanding, the Company shall not amend, modify, waive or otherwise release the Selling Stockholder from any term or condition of the Voting Agreement (as defined below).

• Series H Distribution means each of (a) that number of New Series B Warrants equal to the product of (i) the Series H Percentage and (ii) the aggregate number of New Series B Warrants and (b) that number of New Series C Warrants equal to the product of (x) the Series H Percentage and (y) the aggregate number of New Series C Warrants.

More Definitions of New Series B Warrants

New Series B Warrants means warrants issued pursuant to the Plan (or the Non-TopCo Plan, as applicable) and the New Series B Warrant Agreement and consistent with the terms set forth in the New Warrants Term Sheet.

New Series B Warrants means 340,000 Series B Warrants, each to purchase 780.6036 shares of Common Stock (voting or nonvoting) at an exercise price of $.00017 per share, issued by the Company pursuant to the Series B Warrant Agreement, dated as of July 15, 1998, between the Company and Firststar Bank of Minnesota, N.A. warrant agent.

New Series B Warrants means the warrants to purchase 700,000 shares of New Common Stock to be issued pursuant to, and exercisable in accordance with, the New Series B Warrant Agreement, which warrants shall expire on the third anniversary of the Effective Date, and which shall be exercisable for a payment to the Borrower of $20.78 in cash per share of New Common Stock.

New Series B Warrants means warrants to purchase shares of the Company's common stock, par value $.00017 per share or shares of the Company's non-voting common stock, par value $.00017 per share representing approximately 15% of the Company's common equity on a fully diluted basis (before giving effect to the future issuance of options under the Company's Stock Incentive Plan as in effect on the date of issuance of the New Note Units) issued in connection with the New Note Units pursuant to the terms of the New Warrant Agreement."

New Series B Warrants means the warrants to be issued by Reorganized Elder-Beerman to purchase up to 3% of the outstanding common stock of Reorganized Elder-Beerman pursuant to the New Form Warrant Agreement, substantially in the form provided therein, which warrants will have a strike price set to reflect a total equity value for the Reorganized Elder-Beerman Debtors of $185,000,000.

New Series B Warrants shall have the meaning provided in Section 1(b).

New Series B Warrants means the Company's Series B Warrants to purchase Class C Common Shares;