Examples of Senior Warrants in a sentence
In connection with the amendment of the Senior Warrants as provided in Section 4 above, the Company shall issue to Petra the New Petra Warrant exercisable for 12,000 shares of Common Stock of the Company at $0.01 per share.
Pursuant to the Registration Rights Agreement dated as of the date hereof, among the Company and the Purchasers, Company has granted certain registration rights to the holders of the Senior Warrants.
The authorized capital of the Company (immediately prior to the Company Closing) consists of (i) 5,000,000,000 shares of Common Stock, par value $0.001 per share, of which about 705,000,000 Common Shares are issued and outstanding, leaving 4,295,000,000 Common Shares currently available for issuance upon exercise of the Series E Shares and Senior Warrants.
The right to purchase additional Common Shares granted to the Senior Investors by the Company in the Subscription Agreement, which Senior Warrants shall be exercisable at the exercise prices set forth in Exhibit A.
If, heaven forbid, you find yourself with a conceptual albatross around your neck, as I did, make sure it is a big and important one that your colleagues and competitors cannot afford to overlook and then make yourself a moving target -- but try, at all costs, to avoid concepts that have too many unpleasant associations with the past or whose current usage is too far removed from the connotation you wish to give it.
SENIOR WARRANT SHARES" shall mean the shares of Common Stock issued or issuable upon exercise of the Senior Warrants.
Capitalization The Company shall have at least 25,000,000 Common Shares outstanding on a post-split basis (not including the Common Shares potentially issuable upon Conversion of any Series E Shares or Senior Warrants).
Each of Petra and Piedmont hereby waive all adjustment rights contained in Section 5(c) of all Senior Warrants held by it or which it is entitled to receive, with respect to the issuance of securities by the Company: (a) pursuant to the Note and Warrant 13 Purchase Agreements executed by the Company on each of October 6, 1998, November 12, 1998, February 22, 1999 and April 9, 1999; (b) pursuant to the Merger Agreement; or (c) pursuant to the Purchase Agreement.
The Senior Warrants are exercisable at $0.05 per share until July 29, 2013.The liability component of the Senior Notes was recorded at $2,319,910 representing the fair value of the obligation, net of the fair value of the conversion feature of $60,137, the fair value of the Senior Warrants of $73,500 and transaction costs of $128,690.
The Intermediary shall hold all Senior Warrant exercise proceeds received from the Senior Investors and shall issue a letter to the Company to notify the Company that such cash is being held pending delivery of the underlying Common Share Certificates free of restrictive legend with the accompanying legal opinion on said Senior Warrants.