Warrant Closing Payment definition

Warrant Closing Payment has the meaning set forth in Section 2.9.
Sample 1
Warrant Closing Payment means a cash amount equal to the product of (i) the number of shares of Company Stock for which a Warrant is exercisable and (ii) the excess of the Retained Per Share Portion of the Estimated Closing Proceeds over the per share exercise price of such Warrant.
Sample 1
Warrant Closing Payment means (a) with respect to a Common Stock Warrant, a cash amount equal to the product of (i) the number of shares of Company Common Stock for which such Warrant is exercisable and (ii) the excess of the Per Share Common Consideration over the per share exercise price of such Warrant and (b) with respect to a Preferred Stock Warrant, a cash amount equal to the product of (i) the number of shares of Company Preferred Stock for which such Warrant is exercisable and (ii) the excess of the Per Share Preferred Consideration with respect to the Company Preferred Stock for which such Warrant is exercisable over the per share exercise price of such Warrant.
Sample 1

Examples of Warrant Closing Payment in a sentence

  • The Company Warrant Consideration shall be paid to holders of Company Warrants by Buyer or an Affiliate thereof within three (3) Business Days following the Effective Time in respect of the Company Warrant Closing Payment and within three (3) Business Days following the date that Company Shareholders receive the corresponding portion of the cash distributions pursuant to Section 2.4(b)(ii), Section 7.6(g), Section 9.4(c), Section 9.4(d) and Section 10.3.

  • Each Warrant shall, at the Effective Time, be terminated in exchange for payment of (x) the Warrant Closing Payment, less such Warrant’s Pro Rata Portion of the Escrow Amount and the Representative Fund (as set forth in the Final Securityholder Schedule) plus (y) the applicable portion of the Escrow Amount and the Representative Fund deducted from such Warrant Closing Payment, if and when payable, subject to the terms of the Escrow Agreement.

Related to Warrant Closing Payment

  • Option Closing Purchase Price shall have the meaning ascribed to such term in Section 2.2(b), which aggregate purchase price shall be net of the underwriting discounts and commissions.

  • Closing Payment has the meaning set forth in Section 2.2(a).

  • Subsequent Closing has the meaning set forth in Section 3.2.

  • Closing Warrants shall have the meaning ascribed to such term in Section 2.1(a)(ii).

  • Put Closing shall have the meaning set forth in Section 2.3.8.

  • Closing Purchase Price shall have the meaning ascribed to such term in Section 2.1(b), which aggregate purchase price shall be net of the underwriting discounts and commissions.

  • Warrant Consideration has the meaning specified in Section 4(i)(i) hereof.

  • Second Closing has the meaning set forth in Section 2.2.

  • VWAP Purchase Share Estimate means the number of shares of Common Stock that the Company has in its sole discretion irrevocably instructed its Transfer Agent to issue to the Buyer via the Depository Trust Company (“DTC”) Fast Automated Securities Transfer Program in connection with a VWAP Purchase Notice pursuant to Section 1(c) hereof and issued to the Buyer’s or its designee’s balance account with DTC through its Deposit Withdrawal At Custodian (DWAC) system on the VWAP Purchase Date (to be appropriately adjusted for any reorganization, recapitalization, non-cash dividend, stock split, reverse stock split or other similar transaction).

  • Warrant Share Delivery Date shall have the meaning set forth in Section 2(d)(i).

  • Share Purchase Price shall have the meaning ascribed to such term in Section 2.1(b).

  • Initial Closing Price means the RI Closing Value of a Reference Item on the Strike Date

  • First Closing has the meaning set forth in Section 2.1(a).

  • Closing Consideration shall have the meaning set forth in Section 2.1(b).

  • Closing Merger Consideration has the meaning set forth in Section 2.02

  • Per Share Purchase Price equals $1.00, subject to adjustment for reverse and forward stock splits, stock dividends, stock combinations and other similar transactions of the Common Stock that occur after the date of this Agreement.

  • Initial Closing shall have the meaning ascribed to such term in Section 2.1.

  • Closing Shares shall have the meaning ascribed to such term in Section 2.1(a)(i).

  • Plant closing means the closing of a plant site or other corporate location that directly results in termination of the Grantee’s Service.

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

  • Subsequent Closing Date means, with respect to each Subsequent Closing, the date on which such Subsequent Closing is deemed to have occurred.

  • Additional Closing has the meaning set forth in Section 2.3.

  • Option Closing means the closing of the purchase and sale of the Option Shares pursuant to Section 2.2.

  • Put Closing Date shall have the meaning set forth in Section 2.3.8.

  • Third Closing shall have the meaning ascribed to such term in Section 2.1(c).

  • Purchase Option Price means the amount payable by a Lessee upon the exercise of its option to purchase a related Vehicle which amount equals (a) with respect to a Matured Vehicle, the Contract Residual Value plus any fees, taxes and other charges imposed in connection with such purchase and (b) with respect to a related 2011-1 Vehicle for which the related 2011-1 Lease has been terminated early by the Lessee, the sum of (i) any unpaid Monthly Payments due, (ii) any fees, taxes and other charges imposed in connection with the related Lease, (iii) an early termination fee and (iv) the Actuarial Payoff.