Warrant Exercise Event definition
Warrant Exercise Event means the receipt by Buyer or the Surviving Corporation of cash from the exercise, at any time after the Effective Time, of any common stock purchase warrants of Target which were outstanding as of the Effective Time.
Warrant Exercise Event means (i) the Company reports $25,000,000 or more of gross sales in any fiscal year in its audited financial statements for such fiscal year, (ii) the Company has a class of securities listed for trading on the New York Stock Exchange, the American Stock Exchange or NASDAQ, (iii) the Company maintains an aggregate market capitalization of the Company’s outstanding capital stock of at least $125,000,000 for twenty (20) consecutive trading days based on the closing prices for the Common Stock as reported on the OTC Bulletin Board or (iv) a Change of Control (provided, that with respect to a Warrant Exercise Event resulting from a Change of Control, the Warrant Exercise Event shall be deemed to occur immediately prior to the occurrence of the Change of Control).
Warrant Exercise Event means any event specified in clause (ii) or (iii) of the definition of “Initial Exercise Date” in the TCP Warrant Agreement as in effect on the date hereof.
Examples of Warrant Exercise Event in a sentence
Notwithstanding anything to the contrary contained ------------ herein, Carlyle shall have all the rights and privileges of, and be treated by the Company for all purposes as, a holder of Mirror Warrants from and after the occurrence of a Warrant Exercise Event, whether or not the Company issues the notice or Mirror Warrants to Carlyle as required by Section 1.
More Definitions of Warrant Exercise Event
Warrant Exercise Event means the occurrence, for FY 1998, as reflected on the Company's FY 1998 Audited Statements, of one or both of the following: (a) Store Contribution is less than or equal to the FY 1998 Store Contribution Percentage of the Company's sales (excluding proceeds from real estate sale-leaseback transactions), or (b) Administration Expense exceeds twenty million dollars ($20,000,000).