Examples of Company Warrant in a sentence
Each Company Warrant shall continue to be governed by and be subject to the terms of the certificate representing each Company Warrant.
Prior to the Effective Time, the Company shall take such action as may be necessary to ensure that each outstanding and unexercised Company Warrant shall be of no further force or effect as of the Effective Time (either because such Company Warrant shall have been exercised prior to the Effective Time or shall have been otherwise cancelled and terminated (without regard to the exercise price of the Company Warrants) as of or prior to the Effective Time).
At the Effective Time, each unexercised Company Warrant outstanding immediately prior to the Effective Time shall be assumed by Xxxxxx and converted into a Parent Warrant in accordance with Section 7.13.
Such successor or assuming corporation thereupon shall cause to be signed, and shall issue either in its own name or in the name of the Company, Warrant Certificates evidencing the Warrants not theretofore exercised, in exchange and substitution for the Warrant Certificates theretofore issued.
From and after the Effective Time, any such cancelled Company Warrant shall no longer be exercisable by the former holder thereof, the Company shall deliver written notice to each holder of a Company Warrant, in accordance with the terms of the applicable Company Warrant, informing such holders of the effect of the Merger on the Company Warrant.