Warrant Release Date definition
Examples of Warrant Release Date in a sentence
The Escrow Agent shall rely upon an Officer’s Certificate that certifies that the Share Release Date or Warrant Release Date, as applicable, has occurred, and shall not be required to disburse the Escrow Securities unless and until it receives such Officer’s Certificate.
At any time and from time to time on or after the Warrant Release Date, the holders of a majority-in-interest of the Registrable Warrants held by the Investors or the transferees of the Investors, may make a written demand for a Demand Registration.
At any time and from time to time on or after the Founder Warrant Release Date or the Initial Shares Release Date, as applicable, the holders of a majority-in-interest of such Registrable Securities as have been released from escrow may make a written demand for registration under the Securities Act of all or part of their Registrable Securities (a “Demand Registration”).
In the absence of instructions from an Instructing Group, the Security Agent may act (or refrain from taking action) as it considers to be in the best interest of the Lenders or (after the Facility Release Date but prior to the Warrant Release Date) the Transaction Warrant Holders or (after the Facility Release Date and the Warrant Release Date) the Swap Counterparties.
The Contingent Warrants will not trade separately from the Initial Warrants unless and until released from escrow on the Contingent Warrant Release Date to the registered holders of the Initial Warrants.
Unless so released to the Company for cancellation, the Contingent Warrants will be released from escrow to the Warrant Agent on the Contingent Warrant Release Date.
At any time and from time to time on or after the Founder Warrant Release Date or the Initial Shares Release Date, as applicable, the holders of a majority-in-interest of such Registrable Securities as have been released from escrow may make up to three written demands for registration under the Securities Act of all or part of their Registrable Securities (a “Demand Registration”).
This Warrant Certificate shall terminate and become void as of the close of business on May 1, 2009 (the "Expiration Date") or upon the exercise hereof as to all the shares of Common Stock subject hereto [Insert for Contingent Warrant - or upon the Contingent Warrant Release Date if the Release Event shall not have occurred].
The parties hereto acknowledge and agree that the aggregate number of shares of Common Stock represented by Warrants released on any Warrant Release Date, plus the aggregate number of shares of Common Stock represented by all previously released Warrants, shall in no event exceed 10% of the Company's "fully diluted" Common Stock as of the latest Warrant Release Date.