Warrant Cancellation Payment definition

Warrant Cancellation Payment means, with respect to each Warrant, the product of (i) the number of shares of Common Stock subject to such Warrant immediately prior to the Effective Time, multiplied by (ii) (x) the Common Stock Consideration, minus (y) the per share exercise price of the Warrant.
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Warrant Cancellation Payment has the meaning set forth in Section 2.1.4.6 below.
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Warrant Cancellation Payment means the dollar amount set forth in the Merger Consideration Allocation Schedule in respect thereof.
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Examples of Warrant Cancellation Payment in a sentence

  • If you would like to receive your 2013 Warrant Cancellation Payment or Replacement 2013 Warrant Certificates at a different address from that imprinted on the front of the 2013 Warrant Election Form and Letter of Transmittal, please complete the box entitled SPECIAL DELIVERY INSTRUCTIONS on the 2013 Warrant Election Form and Letter of Transmittal.

  • If a check for the Warrant Cancellation Payment or a Replacement 2013 Warrant Certificate are to be delivered to the registered holder(s) of the surrendered 2013 Warrant Certificate(s) at an address other than that appearing on the front of the Election Form and Letter of Transmittal, indicate the name(s) and address in the box on page 2 marked “SPECIAL DELIVERY INSTRUCTIONS”.

  • At the Effective Time, each outstanding 2013 Warrant shall become and be converted into the right to receive, upon election of the 0000 Xxxxxxx holder, (i) the 2013 Warrant Cancellation Payment with respect to each NUVO 2013 Warrant Share to which such 0000 Xxxxxxx relates; or (ii) a Replacement 2013 Warrant Certificate with respect to such 0000 Xxxxxxx.

  • Generally, receipt of the 203 Warrant Cancellation Payment will be treated as a transaction in which gain or loss will be recognized.

  • The 2013 Warrant Cancellation Payment of $2.15 represents the difference between the per share cash consideration in the Merger of $7.15 and the $5.00 per share exercise price of the 2013 Warrants.

  • Second, it allows you to surrender your NUVO 2013 Warrant Certificates in order to receive the 2013 Warrant Cancellation Payment or Replacement 2013 Warrants.

  • First, it lets us know your choice whether to receive the 2013 Warrant Cancellation Payment of $2.15 per share or Replacement Warrants to purchase Merchants common stock following the Merger.

  • Please complete the SPECIAL ISSUANCE/PAYMENT INSTRUCTIONS in the 2013 Warrant Election Form and Letter of Transmittal in order to transfer the Replacement 2013 Warrants or 2013 Warrant Cancellation Payment to someone else.

  • On the Business Day before the Effective Time, Merchants shall have deposited with the Exchange Agent (i) the Cash Consideration in accordance with Section 2.08(a); (ii) the Option Cancellation Payment in accordance with Section 2.02(a); (iii) the 2013 Warrant Cancellation Payment (if any) in accordance with Section 2.03(b); and (iv) the payment in lieu of any fractional shares in accordance with Section 2.05.

  • In furtherance of the foregoing, Purchaser shall cause each Warrant Cancellation Payment to be promptly made in accordance with the procedures for payment of each such Warrant as set forth in Section 1.07 or Section 8.04(b), subject to the surrender or cancellation of any Warrant certificates.


More Definitions of Warrant Cancellation Payment

Warrant Cancellation Payment means EUR 52,525,194 (fifty-two million, five hundred and twenty two thousand, one hundred and ninety four euro);
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Warrant Cancellation Payment means a cash payment in the amount of $2.15 (which represents the difference between the per share cash consideration in the merger of $7.15 and the $5.00 per share exercise price of the 2013 Warrants) multiplied by the number multiplied by the number of 2013 Warrants being cancelled.
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Warrant Cancellation Payment means the portion of the Purchase Price payable for cancellation of all Warrants.
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Warrant Cancellation Payment has the meaning set forth in Section 2.6(d) below.
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Related to Warrant Cancellation Payment

  • Final Preference Share Redemption Amount means, subject to the provisions of the Articles and the Conditions, in respect of each Preference Share, an amount expressed in the Settlement Currency determined by the Calculation Agent equal to the Notional Amount multiplied by:

  • Redemption Amount means, as appropriate, the Final Redemption Amount, the Early Redemption Amount (Tax), the Optional Redemption Amount (Call), the Optional Redemption Amount (Put), the Early Termination Amount or such other amount in the nature of a redemption amount as may be specified in, or determined in accordance with the provisions of, the relevant Final Terms;

  • Conversion Amount means the sum of the Stated Value at issue.

  • Interest Share Amount shall have the meaning set forth in Section 2(a).

  • Optional Redemption Premium means, with respect to any Series, the premium (expressed as a percentage of the Liquidation Preference of the shares of such Series) payable by the Fund upon the redemption of MuniFund Term Preferred Shares of such Series at the option of the Fund, as set forth in the Appendix for such Series.

  • Conversion Consideration shall have the meaning specified in Section 14.12(a).

  • Early Preference Share Redemption Amount means, subject to the provisions of the Articles and the Conditions, in respect of each Preference Share, an amount expressed in the Settlement Currency calculated by the Calculation Agent as the fair market value (calculated without taking into account the creditworthiness of the Company) of a Preference Share as of the Early Preference Share Valuation Date taking into account such factor(s) as the Calculation Agent determines appropriate, including, but not limited to, the relevant Early Preference Share Redemption Event after deducting any Associated Costs (to the extent not already reflected in such fair market value).

  • Monthly Redemption Amount means, as to a Monthly Redemption, one seventh of the original principal amount at 110% of such principal amount, plus accrued but unpaid interest, liquidated damages and any other amounts then owing to the Holder in respect of this Note.

  • Cancellation Fee is an Individual Charge to an Attendee for a reservation cancellation or “no show” or for early and unauthorized check-out. The Contractor may not charge any Cancellation Fee to an Attendee scheduled to participate in that part of a Program terminated pursuant to the termination for cause provision set forth in Exhibit A.

  • Optional Redemption Amount means the sum of (a) 120% of the then outstanding principal amount of the Debenture, (b) accrued but unpaid interest on the Debenture and (c) all liquidated damages and other amounts due in respect of the Debenture.

  • Conversion Share means any share of Common Stock issued or issuable upon conversion of any Note.

  • Optional Redemption Amount (Call) means, in respect of any Note, its principal amount or such other amount as may be specified in, or determined in accordance with, the relevant Final Terms;

  • Forced Conversion Amount means the sum of (a) 100% of the aggregate Stated Value then outstanding, (b) accrued but unpaid dividends and (c) all liquidated damages and other amounts due in respect of the Preferred Stock.

  • Cancellation Notice has the meaning given in Clause 8.6;

  • Cancellation Period means the 90-day period, beginning

  • Triggering Redemption Amount means, for each share of Preferred Stock, the sum of (a) the greater of (i) 130% of the Stated Value and (ii) the product of (y) the VWAP on the Trading Day immediately preceding the date of the Triggering Event and (z) the Stated Value divided by the then Conversion Price, (b) all accrued but unpaid dividends thereon and (c) all liquidated damages and other costs, expenses or amounts due in respect of the Preferred Stock.

  • Final Preference Share Redemption Date means the date that falls twenty Business Days following the Valuation Date on which the Calculation Agent has determined the Final Preference Share Redemption Amount or, if earlier, the first Auto-Call Valuation Date on which an Auto-Call Trigger Event has occurred.

  • Redemption Limit means the sum of the Maximum Daily Redemption Limits applicable to the LS Margin Account Agreement relating to the ETP Securities.

  • Minimum Redemption Amount has the meaning specified in the applicable Final Terms;

  • Prepayment Consideration shall have the meaning set forth in Section 2.3.1.

  • Redemption Payment Date As defined in Section 13.1.

  • Early Preference Share Redemption Notice means a notice of early redemption of some or all of the Preference Shares given by or on behalf of the Company in accordance with Condition 6 (Notices).

  • Installment Amount means the sum of (A) (i) with respect to any Installment Date other than the Maturity Date, the lesser of (x) the quotient of (I) the Principal amount outstanding under this Note as of the initial Installment Date, divided by (II) the number of Installment Dates occurring hereunder (as determined as of the initial Installment Date assuming no Deferrals, Accelerations, redemptions or conversions hereunder prior to the Maturity Date) and (y) the Principal amount then outstanding under this Note as of such Installment Date, and (ii) with respect to the Installment Date that is the Maturity Date, the Principal amount then outstanding under this Note as of such Installment Date (in each case, as any such Installment Amount may be reduced pursuant to the terms of this Note, whether upon conversion, redemption or Deferral), (B) any Deferral Amount deferred pursuant to Section 8(d) and included in such Installment Amount in accordance therewith, (C) any Acceleration Amount accelerated pursuant to Section 8(e) and included in such Installment Amount in accordance therewith and (D) in each case of clauses (A) through (C) above, the sum of any accrued and unpaid Interest and Make-Whole Amount with respect thereto as of such Installment Date under this Note, if any, and accrued and unpaid Late Charges, if any, under this Note as of such Installment Date. In the event the Holder shall sell or otherwise transfer any portion of this Note, the transferee shall be allocated a pro rata portion of the each unpaid Installment Amount hereunder.

  • Payment Shares has the meaning set forth in Section 2.02;

  • Cancellation Date means the date on which the written notice of cancellation of a health insurance policy is received by the fund or the last date to which premiums were paid.

  • Redemption Premium means (i) in the case of the Events of Default described in Section 4(a)(i) - (vi) and (ix) - (xii), 125% or (ii) in the case of the Events of Default described in Section 4(a)(vii) - (viii), 100%.