Senior Warrants definition

Senior Warrants means an aggregate of 350,000 detachable redeemable common stock warrants issued to the holders of the Senior Secured Notes.
Senior Warrants means (a) this Warrant, (b) the Initial Warrant issued to the Purchaser other than the Warrantholder on the date hereof and (c) any Adjustment Warrants.

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.


More Definitions of Senior Warrants

Senior Warrants has the meaning given to that term in the Senior Bridge Facility Agreement;
Senior Warrants means the detached warrants for ordinary shares representing 0.5 per cent. of the ordinary share capital of the Parent;
Senior Warrants means, collectively, the warrants issued to the Senior Warrantholders pursuant to the Senior Subordinated Credit Agreement.

Related to Senior Warrants

  • Investor Warrants has the meaning given it in the recitals of this Agreement.

  • Sponsor Warrants shall have the meaning given in the Recitals hereto.

  • Purchaser Warrants means Purchaser Private Warrants and Purchaser Public Warrants, collectively.

  • SPAC Warrants means the SPAC Public Warrants and the SPAC Private Placement 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.

  • 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.

  • Broker Warrants has the meaning ascribed to such term in Section 12 hereof;

  • 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.

  • 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.

  • Existing Warrants means any warrants to purchase Common Stock outstanding on the date of this Agreement.

  • Parent Warrants shall have the meaning assigned to it in Section 1.7(c) hereof.

  • 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.

  • Underlying Shares means the shares of Common Stock issuable upon conversion of this Debenture or as payment of interest in accordance with the terms hereof.

  • Series F Preferred Shares means the Series F Preferred Shares of the Company, par value US$0.0001 per share, with the rights and privileges as set forth in the Memorandum and Articles.

  • Preferred Shares means shares of Series A Junior Participating Preferred Stock, par value $.01 per share, of the Company having the rights and preferences set forth in the Form of Certificate of Designations attached to this Agreement as Exhibit A.

  • Existing Convertible Notes means any convertible notes or other convertible debt securities of the Company outstanding on the date of this Agreement.

  • Note Shares means the shares of Common Stock issuable upon conversion of the Notes.

  • Series A Shares means the series A redeemable convertible preferred shares, par value US$0.0001 per share, of the Company.

  • Option Warrants shall have the meaning ascribed to such term in Section 2.2(a).

  • Existing Preferred Stock means, collectively, the outstanding shares of the Series E 6% Convertible Preferred Stock of the Corporation.

  • Equity Preferred Securities means, with respect to any Person, any trust preferred securities or deferrable interest subordinated debt securities issued by such Person or other financing vehicle of such Person that (i) have an original maturity of at least twenty years, and (ii) require no repayments or prepayments and no mandatory redemptions or repurchases, in each case, prior to the first anniversary of the latest Maturity Date.

  • Placement Agent Warrants shall have the meaning set forth in the Subscription Agreement.

  • Series F Preferred Stock means shares of the Company’s Series F Preferred Stock, par value $0.0001 per share.

  • Convertible Debt means Debt issued by the Borrower which by its terms may be converted into or exchanged for equity securities of the Borrower at the option of the Borrower or the holder of such Debt, including without limitation, Debt with respect to which the performance due by the Borrower may be measured in whole or in part by reference to the value of an equity security of the Borrower but may be satisfied in whole or in part in cash.

  • Series A Preferred Shares means the Series A Preferred Shares of the Company, par value US$0.0001 per share, with the rights and privileges as set forth in the Memorandum and Articles.