Warrant Asset definition

Warrant Asset means any equity purchase warrants or similar rights convertible into or exchangeable or exercisable for any equity interests received by the Borrower as an “equity kicker” from the Obligor in connection with a Collateral Obligation.
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Warrant Asset means the Borrower’s economic interest in any equity purchase warrants or similar rights convertible into or exchangeable or exercisable for any equity interests received by TPVG or the Equityholder as an “equity kicker” from the Obligor in connection with such Transferred Contract; provided that the term Warrant Asset shall in no event include the right of TPVG or the Equityholder to participate as an investor in future equity financings by an Obligor.
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Warrant Asset. Means any equity purchase warrants or similar rights convertible into or exchangeable or exercisable for any equity interests received by Hercules as an “equity kicker” from the Obligor in connection with such Transferred Loan; provided that (a) the term Warrant Asset shall in no event include the right of Hercules to participate as an investor in future equity financings by an Obligor, and (b) in no case may Warrant Assets include any mandatory funding or purchase requirement of any sort or type.
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Examples of Warrant Asset in a sentence

  • The increasing prominence of normatively sensitive and politically controversial security measures such as the European Arrest Warrant, Asset Freezing Sanctions and border control measures on the EU agenda, and the scope and potential implications of such measures for democracy and human rights in Europe requires a careful evaluation of their impact.

  • This Warrant, [Asset Purchase Agreement/Investment Agreement] and the , among the Company, the Warrantholder and , constitute the entire agreement between the Company, the Warrantholder and with respect to the Warrant and supersedes all prior agreements and understanding with respects to the subject matter of this Warrant.

  • The Contract Purchase Price with respect to each Unfunded Contract and the Warrant Asset Purchase Price shall be payable to TPC.

  • The aggregate consideration for the Purchased Assets shall be (a) an amount in cash equal to $94,573,053.67 (the “Purchase Price”) (such amount representing the sum of the Contract Purchase Price and the Warrant Asset Purchase Price) plus (b) the assumption by Buyer of the Assumed Obligations with respect to such Purchased Contracts.


More Definitions of Warrant Asset

Warrant Asset has the meaning set forth in the Sale and Servicing Agreement.
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Warrant Asset. With respect to any Transferred Loan, any equity purchase warrants or similar rights convertible into or exchangeable or exercisable for any equity interests received by the Originator or the Borrower as an “equity kicker” from any Obligor in connection with such Transferred Loan.
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Related to Warrant Asset

  • Warrant Certificate means a certificate, substantially in the form set forth in Schedule “A” hereto, to evidence those Warrants that will be evidenced by a certificate;

  • Warrant Share means a Common Share issuable upon exercise of one Warrant;

  • Common Warrant Shares means the shares of Common Stock issuable upon exercise of the Common Warrants.

  • Warrant Shares means the shares of Common Stock issuable upon exercise of the Warrants.

  • Adjustment Right means any right granted with respect to any securities issued in connection with, or with respect to, any issuance or sale (or deemed issuance or sale in accordance with Section 2) of shares of Common Stock (other than rights of the type described in Section 3 and 4 hereof) that could result in a decrease in the net consideration received by the Company in connection with, or with respect to, such securities (including, without limitation, any cash settlement rights, cash adjustment or other similar rights).

  • Black-Scholes Warrant Value means the value of a Warrant immediately prior to the consummation of the applicable event based on the Black-Scholes Warrant Model for a Capped American Call on Bloomberg Financial Markets (“Bloomberg”). For purposes of calculating such amount, (1) Section 6 of this Agreement shall be taken into account, (2) the price of each share of Common Stock shall be the volume weighted average price of the Common Stock as reported during the ten (10) trading day period ending on the trading day prior to the effective date of the applicable event, (3) the assumed volatility shall be the 90 day volatility obtained from the HVT function on Bloomberg determined as of the trading day immediately prior to the day of the announcement of the applicable event, and (4) the assumed risk-free interest rate shall correspond to the U.S. Treasury rate for a period equal to the remaining term of the Warrant. “Per Share Consideration” means (i) if the consideration paid to holders of the Common Stock consists exclusively of cash, the amount of such cash per share of Common Stock, and (ii) in all other cases, the volume weighted average price of the Common Stock as reported during the ten (10) trading day period ending on the trading day prior to the effective date of the applicable event. If any reclassification or reorganization also results in a change in shares of Common Stock covered by subsection 4.1.1, then such adjustment shall be made pursuant to subsection 4.1.1 or Sections 4.2, 4.3 and this Section 4.4. The provisions of this Section 4.4 shall similarly apply to successive reclassifications, reorganizations, mergers or consolidations, sales or other transfers. In no event will the Warrant Price be reduced to less than the par value per share issuable upon exercise of the Warrant.

  • Conversion Value means, with respect to Convertible Capital Appreciation Bonds, the Accreted Value as of the Conversion Date.

  • Pre-Funded Warrant Shares means the shares of Common Stock issuable upon exercise of the Pre-Funded Warrants.