Salix Warrants means the call warrant transaction entered into under the Confirmation between Salix and Bank of America, N.A., dated March 13, 2012.
SPAC Warrants means the SPAC Public Warrants and the SPAC Private Placement Warrants.
Common Warrants means, collectively, the Common Stock purchase warrants delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof, which Common Warrants shall be exercisable immediately and have a term of exercise equal to five (5) years, in the form of Exhibit A attached hereto.
Option Warrants shall have the meaning ascribed to such term in Section 2.2(a).
Common Warrant Shares means the shares of Common Stock issuable upon exercise of the Common Warrants.
Series D Warrants means, collectively, the Common Stock purchase warrants delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof, which Warrants shall be exercisable immediately upon issuance and have a term of exercise equal to five (5) years, in the form of Exhibit C attached hereto.
Series B Warrants means, collectively, the Series B Common Stock purchase warrants delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof and the other Series B Warrants contemplated under Section 2.1 to be issued concurrently at the Closing, which Series B Warrants shall be exercisable beginning immediately and have a term of exercise equal to five (5) years, in the form of Exhibit B-2 attached hereto.
Series C Warrants means, collectively, the Series C Common Stock purchase warrants delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof, which Warrants shall be exercisable immediately and have a term of exercise equal to 9 months, in the form of Exhibit A attached hereto.
Purchaser Warrants means Purchaser Private Warrants and Purchaser Public Warrants, collectively.
Existing Warrants means any warrants to purchase Common Stock outstanding on the date of this Agreement.
Company Warrants means warrants to purchase shares of Company Common Stock.
New Warrants means those certain warrants to purchase New Valaris Equity on the terms set forth in the New Warrant Agreement.
Series A Warrants means, collectively, the Common Stock purchase warrants delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof, which Warrants shall be exercisable immediately from the Closing Date and have a term of exercise equal to five (5) years, in the form of Exhibit A attached hereto.
Qualifying Warrants means net share settled warrants to purchase Common Stock that have an exercise price greater than the current Market Value of the issuer’s Common Stock as of their date of issuance, that do not entitle the issuer to redeem for cash and the holders of such warrants are not entitled to require the issuer to repurchase for cash in any circumstance.
Broker Warrants has the meaning ascribed to such term in Section 12 hereof;
Investor Warrants has the meaning given it in the recitals of this Agreement.
Closing Warrants shall have the meaning ascribed to such term in Section 2.1(a)(ii).
Initial Warrants means the warrants of the Company to purchase shares of Common Stock underlying the Initial Units issued and outstanding prior to the IPO.
Rights Offering Shares means, collectively, the shares of New Common Stock issued in the Rights Offering.
Ordinary Shares shall have the meaning given in the Recitals hereto.
Parent Warrants shall have the meaning assigned to it in Section 1.7(c) hereof.
Book Entry Warrants means Warrants that are to be held only by or on behalf of the Depository;
Agent’s Warrants means the share purchase warrants of the Issuer which will be issued as part of the Agent’s Fee and which have the terms provided in this Agreement and the certificates representing such share purchase warrants;
Warrant Stock means Common Stock issuable upon exercise of any Warrant or Warrants or otherwise issuable pursuant to any Warrant or Warrants.
Class B Warrants means the Common Stock purchase warrants delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof, which Warrants shall be exercisable immediately and have a term of exercise equal to 5 years, in the form of Exhibit C attached hereto.
Common Shares means the common shares in the capital of the Corporation;
Initial Shares means all of the outstanding shares of Common Stock issued prior to the consummation of the Company’s initial public offering.