Examples of Adjustment Warrants in a sentence
For the avoidance of doubt, the Adjustment Period with respect to an Adjustment Warrant issued in connection with the exercise of an Optional Warrant shall be the same period in time as the Adjustment Period with respect to the Adjustment Warrants issued in connection with the sale of the Initial Shares, even if the Adjustment Period has ended prior to the exercise of such Optional Warrant.
Certificates for Optional Warrant Shares and Adjustment Warrants comprising Optional Units purchased hereunder shall be delivered to the holder hereof within three (3) Trading Days after the date on which this Optional Warrant shall have been exercised as aforesaid.
The Optional Warrant holder may withdraw its Notice of Exercise under Section 3(a) at any time thereafter if the Company fails to timely deliver the applicable certificates and Adjustment Warrants to the Optional Warrant holder as provided in this Agreement.
Each Buyer understands that the Company's obligation to issue the Adjustment Warrants to such Buyer in accordance with this Agreement is conditioned upon the accuracy in all material respects on the May Adjustment Date or the particular Adjustment Date, as applicable, of the representations and warranties of the Buyer contained in (i) Sections 4(a), (b), (c), (d), (f) and (g) of this Agreement and (ii) Sections 3(a), (b), (c), (d) and (f) of the Amendment Agreement, in each case as if made on such date.
Delivery of the Adjustment Warrants shall be made at a location mutually agreed to by the parties hereto.
The Company shall issue and deliver to each Buyer the Adjustment Warrants not later than 4:00 p.m., Pacific Time, on or before the third Business Day following the May Adjustment Date and each Adjustment Date, or as otherwise agreed to by the parties hereto.
Only whole Common Shares and portions of Adjustment Warrants to purchase whole Common Shares may be repurchased.
All exercises will be deemed to occur as of the date of the Notice of Exercise, and certificates for Optional Warrant Shares, and Adjustment Warrants with respect to such shares, comprising the Optional Units purchased hereunder shall be delivered to the holder hereof within three (3) Trading Days after the date on which this Optional Warrant shall have been exercised as aforesaid.
Prior to any repurchase date, whether or not a Company Repurchase Notice has been given, the Buyers may sell or transfer any of their Common Shares and Adjustment Warrants.
If a Buyer intends to assign all or any portion of its rights to acquire any Adjustment Warrants in accordance with Section 10(h) hereof, then such Buyer shall so notify the Company not less than ten days before the May Adjustment Date or any Adjustment Date.