Warrant E definition
Examples of Warrant E in a sentence
If the following conditions (the “Cancellation Conditions”) have been met within thirty-six (36) months of the date hereof, then Warrant E shall be automatically cancelled.
Once the Cancellation Conditions have been met, ▇▇▇▇▇▇▇▇ shall be issued a warrant for the same number of shares as are represented by Warrant E; however, at such time, the Company still shall not be permitted to issue any other warrants.
Warrant E shall be exercisable in whole beginning upon the exercise of at least three (3) of the above mentioned Warrants in this Section 22 and until the earlier of (i) twenty four (24) months from the date of the signing of the Agreement, or (ii) the consummation of an IPO or an Exit.
Warrant E referred to in Section 2.01(e)(i), dated as of January 8, 1998, issued to Creditanstalt, and all Warrants issued upon transfer or division of, or in substitution for, such Warrant E.
Warrant E entitles the Investor to purchase from the Company 18,000 Preferred Shares of the Company par value NIS 0.01 (the "Warrant E Shares") in consideration for the payment to the Company of US$5,000,000.
Collectively, Warrant A, Warrant B, Warrant C, Warrant D, Warrant E, the Loan Warrants, and all Warrants issued upon the transfer or the division of, or in substitution for, such Warrants.
For the removal of doubt, the exercise of the aforementioned Warrant E Shares shall entitle the Investor to hold 7.07% of the Company's authorized share capital at the time of exercising the Warrant E Shares based on a Company vlaue of $50,000,000 (Fifty Million USD).
Employees, Position and Base Salary 8.1(c) Severance Benefit EXHIBITS -------- Exhibit Document ------- -------- A Life Uniform Operating Subsidiaries B Form of Release for Employee Records C Form of Junior Subordinated Note D Form of Warrant E Form of Statement of Working Capital F Form of Legal Opinion Each of the foregoing Schedules and Exhibits is incorporated herein by this reference and expressly made a part hereof.