Term Warrants definition
Examples of Term Warrants in a sentence
This Short Term Warrant may be divided or combined with other Short Term Warrants upon presentation hereof at the aforesaid office of the Company, together with a written notice specifying the names and denominations in which new Short Term Warrants are to be issued, signed by the Holder or its agent or attorney.
Upon such surrender and, if required, such payment, the Company shall execute and deliver a new Short Term Warrant or Short Term Warrants in the name of the assignee or assignees and in the denomination or denominations specified in such instrument of assignment, and shall issue to the assignor a new Short Term Warrant evidencing the portion of this Short Term Warrant not so assigned, and this Short Term Warrant shall promptly be cancelled.
Subject to compliance with Section 4(a), as to any transfer which may be involved in such division or combination, the Company shall execute and deliver a new Short Term Warrant or Short Term Warrants in exchange for the Short Term Warrant or Short Term Warrants to be divided or combined in accordance with such notice.
All agreements of the Company in this Agreement and the Term Warrants shall bind its successors.
If only a portion of the Term Loans is paid or becomes due, then the Put Right will exist only with respect to a number of exercisable Term Warrants equal to the same percentage by which the Term Loans were so paid or became due.
The Company agrees for the benefit of the Holders that there shall at all times be a Warrant Agent hereunder until all of the Term Warrants have been exercised or cancelled or are no longer exercisable.
TW BV is purchasing the TW Initial Warrant to be purchased pursuant hereto and the Term Warrants (if purchased) by TW BV and any shares of Class A Common Stock to be issued pursuant to the exercise of the TW Initial Warrant to be purchased pursuant hereto and the Term Warrants (if purchased) by TW BV for its own account for investment, and not with a view to, or for resale in connection with, the distribution thereof, and has no present intention of distributing or reselling any thereof.
The Company will at all times until the Expiration Time (or, if such date shall not be a business day, then on the next succeeding business day) reserve and keep available, out of its authorized but unissued Class A Common Stock, solely for the purpose of providing for the exercise of the Term Warrants evidenced by this Warrant Certificate, the aggregate number of shares of Class A Common Stock then issuable upon exercise hereof at any time.
Upon the Company delivering whole shares of Common Stock to the Investor or its designees via DWAC by 1:00 pm EST and the Company delivering the Put Warrants and Short Term Warrants to the Escrow Agent or the Investor, the Investor shall wire transfer immediately available funds to the Company's designated account on such day.
Unless instructed in writing by an August Party to the contrary, the August Shares relating to such August Party shall be included on the second Registration Statement filed relating to the Registrable Securities and have priority over such August Party's registration of shares underlying the Long Term Warrants provided that such inclusion shall not increase such August Party's pro-rata allocation of registration rights as set forth in Section 7 above.