Examples of Original Warrant in a sentence
The Original Warrant was issued pursuant to the terms of that certain Warrant Purchase Agreement dated December 4, 2020 between Company and Charger (as the same may be amended from time to time, the “Purchase Agreement”).
The purchase price for the Original Warrant was paid in full on the Issue Date.
The Original Warrant was originally issued pursuant to the terms of that certain Securities Purchase Agreement dated May 13, 2021, to which Company and Investor are parties (as the same may be amended from time to time, the “Purchase Agreement”).
On September 11, 2018 Waterton filed a claim with the Ontario Superior Court of Justice alleging breach of contract against Hecla, Klondex Mines Unlimited Liability Company and the Company for failure to honour the terms of the Original Warrant Certificate and, or in the alternative, a declaration that the Replacement Warrants do not satisfy Hecla’s obligations as successor-in-interest to Klondex’s obligations under the Original Warrant Certificate and a new replacement warrant.
Instead it is alleged that in breach of contractual obligations, Hecla and the Company made an arbitrary allocation in a manner convenient to them, without regard for the economic value of the Original Warrant.