Examples of Warrant Exchange Shares in a sentence
Upon delivery by the Company of the Warrant Exchange Shares at the Initial Closing and the transfer and surrender of the Warrant by the Buyer, the Company shall acquire good title to, and all rights and interest in, the Warrant, free and clear of any liens, claims and encumbrances or security interests of any Person.
The number of your unvested Performance Vesting Shares described in Section 4(a)(ii)(B), (C) and (D) that shall vest in connection with each Future Warrant Exchange (your "Accelerated Vested Performance Shares") shall be equal to (a) thirteen percent (13.0%) of the total number of Future Warrant Exchange Shares issued in connection with such Future Warrant Exchange (stated as a number of shares of Common Stock) multiplied by (b) your Warrant Acceleration Percentage.
These Performance Vesting Shares represent an acceleration of the vesting of that number of your Performance Vesting Shares equal to (a) thirteen percent (13.0%) of the total number of April 2019 Warrant Exchange Shares (stated as a number of shares of Common Stock) multiplied by your Warrant Acceleration Percentage.
Subject to the terms hereof, the exercise of the Right may be made, in whole or in part, at any time or times on or after the date hereof by delivery to the Company (or such other office or agency of the Company as it may designate by notice in writing to the registered Purchaser at the address of the Purchaser appearing on the books of the Company) of a duly executed facsimile copy of the Notice of Issuance Form annexed hereto requesting the issuance of Warrant Exchange Shares.
The Company shall as promptly as practicable, but in no event later than forty-five (45) calendar days from the date hereof, file a "shelf" Registration Statement pursuant to Rule 415 under the Securities Act to permit the resale of the Purchased Shares, the Warrant Exchange Shares, the Warrant Shares and an additional Six Million (6,000,000) shares of Common Stock that may be issued from time to time pursuant to the Investment Agreement.
The Existing Shares and the Warrant Exchange Shares have been validly issued or allotted ( toegekend), as the case may be, and are fully paid and non-assessable.
Gives effect to: (i) the cancellation of 150,000 Common Shares which will be forfeited by 57th Street GAC Holdings LLC upon the consummation of the Transaction and (ii) the issuance of the Insider Warrant Exchange Shares.
In lieu of issuing the 43,247,902 Warrant Exchange Shares to the Purchaser at the Closing under the Warrant Exchange Agreement, the Company hereby grants the Right to the Purchaser.
All contractual restrictions applicable to the Warrant Exchange Shares set forth in the Warrant Exchange Agreement shall be applicable to the Reserved Shares, including, without limitation, Section 3 of the Warrant Exchange Agreement.
The closing (the “Initial Closing”) of the purchase of the Initial Common Shares by the Buyer and the issuance of the Warrant Exchange Shares in exchange for the Warrant shall occur at Pxxxxx Xxxxxx LLP.