Supplemental Warrant definition

Supplemental Warrant has the meaning set forth in Section VI.A. hereof.
Supplemental Warrant means a warrant issued by the Company which (x) provides for the purchase of up to Twenty Thousand (20,000) shares of Common Stock at an exercise price equal to one hundred and ten percent (110%) of the closing bid price for the Common Stock on the date of this Agreement, (y) provides for an expiration date occurring on the fifth (5th) anniversary of the Supplemental Closing Date and (z) otherwise contains terms and conditions identical to those contained in the August Warrant. For purposes of this Agreement, the term "Supplemental Securities" means the Supplemental Debenture, Supplemental Warrant and shares of Common Stock underlying the Supplemental Debenture and Supplemental Warrant.
Supplemental Warrant agreement shall provide for adjustments which shall be identical to the adjustments provided in this Section 11. The above provision of this subsection shall similarly apply to successive consolidations or mergers.

Examples of Supplemental Warrant in a sentence

  • Such Supplemental Warrant shall include provisions for adjustments which shall be as nearly equivalent as may be practicable to the adjustments provided for in this paragraph.

  • For all purposes of this Supplemental Warrant Agreement, except as otherwise herein expressly provided or unless the context otherwise requires, the terms and expressions used herein shall have the same meanings as corresponding terms and expressions used in the Warrant Agreement.

  • This Supplemental Warrant Agreement is a warrant agreement supplemental to and in implementation of the Warrant Agreement, and the Warrant Agreement and this Supplemental Warrant Agreement shall be read and construed together.

  • All terms used but not defined in this Supplemental Warrant Indenture have the meanings ascribed to them in the Warrant Indenture, as such meanings may be amended by this Supplemental Warrant Indenture.

  • Any and all payments by or on account of any obligation of the Loan Parties under any Loan Document shall be made without deduction or withholding for any Taxes, except as required by applicable law.

  • In entering into this Supplemental Warrant Agreement, the Warrant Agent shall be entitled to the benefit of every provision of the Warrant Agreement relating to the conduct or affecting the liability of or affording protection to the Warrant Agent, whether or not elsewhere herein so provided.

  • The Warrant Indenture and this Supplemental Warrant Indenture will be read together and have effect so far as practicable as though all of the provisions of all such indentures were contained in one instrument.

  • In the event any one or more of the provisions of this Supplemental Warrant Agreement shall for any reason be held invalid, illegal or unenforceable, the remaining provisions of this Supplemental Warrant Agreement shall be unimpaired, and the invalid, illegal or unenforceable provision shall be replaced by a mutually acceptable valid, legal and enforceable provision, which comes closest to the intention of the parties underlying the invalid, illegal or unenforceable provision.

  • The Warrant Agent accepts the trusts in this Third Supplemental Warrant Indenture and agrees to carry out and discharge the same upon the terms and conditions set out in this Third Supplemental Warrant Indenture and in accordance with the Indenture.

  • In the event of any inconsistency between the meaning given to a term in the Indenture and the meaning given to the same term in this Third Supplemental Warrant Indenture, the meaning given to the term in this Third Supplemental Warrant Indenture shall prevail to the extent of the inconsistency.


More Definitions of Supplemental Warrant

Supplemental Warrant means a Stock Purchase Warrant issued by the Borrower to the Lender pursuant to Section 2.12 in the form attached hereto as Exhibit XV.
Supplemental Warrant shall have the meaning assigned in the Credit Agreement.
Supplemental Warrant shall have the meaning set forth in Section 2.6.