Examples of Warrant Subscription Agreement in a sentence
The Warrant Subscription Agreement has been duly authorized, executed and delivered by the Company and the Sponsor, and is a valid and binding agreement of the Company and the Sponsor, enforceable against the Company and the Sponsor in accordance with its terms except as the enforceability thereof may be limited by bankruptcy, insolvency, or similar laws affecting creditors’ rights generally from time to time in effect and by equitable principles of general applicability.
On 29 May 2014, the conditions set out in the Warrant Subscription Agreement have been fulfilled and completion of the Warrant Subscriptions took place.
The Warrant Subscription Agreement has been duly authorized, executed and delivered by the Company and the Sponsor, and is a valid and binding agreement of the Company and the Sponsor, enforceable against the Company and the Sponsor in accordance with its terms, except as the enforceability thereof may be limited by bankruptcy, insolvency, or similar laws affecting creditors’ rights generally from time to time in effect and by equitable principles of general applicability.
The Ordinary Shares issuable upon exercise of the Warrants included in the Units, the Forward Purchase Warrants and the Private Placement Warrants have been duly authorized and reserved for issuance upon exercise thereof and, when issued and delivered against payment therefor pursuant to the Warrant Agreement, the Forward Purchase Agreement or the Warrant Subscription Agreement, as applicable, and registered in the Company’s register of members, will be validly issued, fully paid and non-assessable.
We have entered into a Share cum Warrant Subscription Agreement with M/s.
The Lenders shall have received the 1,500,000 Warrants in accordance with the terms of the Warrant Subscription Agreement, with evidence of issuance in form and substance acceptable to Agent.
The Class A Ordinary Shares issuable upon exercise of the Warrants included in the Units and the Private Placement Warrants have been duly authorized and reserved for issuance upon exercise thereof and, when issued and delivered against payment therefor pursuant to the Warrant Agreementor the Warrant Subscription Agreement, as applicable, and registered in the Company’s register of members, will be validly issued, fully paid and non-assessable.
The EGM will be held to consider and, if thought fit, to approve the Warrant Subscription Agreement, the New Warrant Instrument and the transactions contemplated thereunder and the Special Mandate for the issue of the New Shares.
The closing price per Share as quoted on the Stock Exchange on 3 January 2020, being the date of the Warrant Subscription Agreement was HK$0.246.
In view thereof, the current set of Articles of Association of the Company need to be amended and restated to incorporate the provisions of the above Warrant Subscription Agreement.