Facility Warrants definition

Facility Warrants means the common share purchase warrants to be issued on each applicable Closing Date, each warrant being exercisable into one Common Share at the Facility Warrant Exercise Price for a period of five (5) years from the applicable Closing Date, in the form of warrant certificate attached hereto as Exhibit 3;
Facility Warrants issuable by the Company to the Holder pursuant to the subscription agreement dated March 18, 2019 between the Company and the Holder (the “Subscription Agreement”).
Facility Warrants means the Warrants to Purchase Common Stock issued pursuant to the Facility Agreement, collectively, including all warrants issued in exchange, transfer or replacement thereof, and as any of the foregoing may be amended, restated, supplemented or otherwise modified from time to time.

Examples of Facility Warrants in a sentence

  • Upon issuance, the Commitment Warrants and Facility Warrants will be detached from this Convertible Debenture.

  • The Investor agrees that during the term of this Subscription Agreement, and so long as the Investor holds Commitment Warrants or Facility Warrants, that it will not engage in “short selling” of Common Shares.

  • Pursuant to the merger agreement, each of the following transactions will occur: • MBI shall use its reasonable efforts to, at least thirty (30) days prior to the effective time of the merger, deliver notice of the transactions contemplated by the merger agreement to the holders of the Credit Facility Warrants in accordance with the terms of the Credit Facility Warrants.

  • On any given trading day, the Investor agrees to limit its trading in Common Shares to no more than 20% of the daily volume of the trading of the Common Shares on the CSE on the trading day immediately preceding such trade, such daily trade restriction applying to Common Shares issuable on exercise of the Facility Warrants and Commitment Warrants and Common Shares issuable on conversion of Debentures.


More Definitions of Facility Warrants

Facility Warrants means warrants to purchase shares of the common stock of the Company for a purchase of $10.00 per share substantially in the form of Exhibit C.

Related to Facility Warrants

  • Existing Warrants means any warrants to purchase Common Stock outstanding on the date of this Agreement.

  • SPAC Warrants means SPAC Private Warrants and SPAC Public Warrants, collectively.

  • Common Warrants means, collectively, the Common Stock purchase warrants delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof, which Common Warrants shall be exercisable immediately and have a term of exercise equal to five (5) years, in the form of Exhibit A attached hereto.

  • Agent’s Warrants means the share purchase warrants of the Issuer which will be issued as part of the Agent’s Fee and which have the terms provided in this Agreement and the certificates representing such share purchase warrants;

  • Series D Warrants means, collectively, the Common Stock purchase warrants delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof, which Warrants shall be exercisable immediately upon issuance and have a term of exercise equal to five (5) years, in the form of Exhibit C attached hereto.

  • Series B Warrants means, collectively, the Series B Common Stock purchase warrants delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof and the other Series B Warrants contemplated under Section 2.1 to be issued concurrently at the Closing, which Series B Warrants shall be exercisable beginning immediately and have a term of exercise equal to five (5) years, in the form of Exhibit B-2 attached hereto.

  • Closing Warrants shall have the meaning ascribed to such term in Section 2.1(a)(ii).

  • New Warrants means those certain warrants to purchase New Valaris Equity on the terms set forth in the New Warrant Agreement.

  • Option Warrants shall have the meaning ascribed to such term in Section 2.2(a).

  • Commitment Shares shall have the meaning set forth in Section 12.04.

  • Series C Warrants means, collectively, the Series C Common Stock purchase warrants delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof, which Warrants shall vest and be exercisable ratably commencing on the exercise of the Series B Warrants held by the Purchaser (or its assigns) and have a term of exercise equal to 5 years from the date of issuance, in the form of Exhibit C attached hereto.

  • Class B Warrants means the Common Stock purchase warrants delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof, which Warrants shall be exercisable immediately and have a term of exercise equal to 5 years, in the form of Exhibit C attached hereto.

  • Placement Agent Warrants shall have the meaning set forth in the Subscription Agreement.

  • Investor Warrants has the meaning given it in the recitals of this Agreement.

  • Backstop Commitment has the meaning set forth in Section 2.2(b).

  • Parent Warrants means the outstanding warrants to purchase Parent Common Stock.

  • Company Warrants means warrants to purchase shares of Company Common Stock.

  • Purchaser Warrants means Purchaser Private Warrants and Purchaser Public Warrants, collectively.

  • Backstop Commitment Agreement means that certain Backstop Commitment Agreement, by and between CEOC and the PropCo Preferred Backstop Investors party thereto from time to time, as the same may be amended, amended and restated, supplemented, or otherwise modified from time to time in accordance with its terms, the form of which shall be included in the Plan Supplement.

  • Existing Convertible Notes means any convertible notes or other convertible debt securities of the Company outstanding on the date of this Agreement.

  • Qualifying Warrants means net share settled warrants to purchase Common Stock that have an exercise price greater than the current Market Value of the issuer’s Common Stock as of their date of issuance, that do not entitle the issuer to redeem for cash and the holders of such warrants are not entitled to require the issuer to repurchase for cash in any circumstance.

  • Private Placement Warrants shall have the meaning given in the Recitals hereto.

  • Common Warrant Shares means the shares of Common Stock issuable upon exercise of the Common Warrants.

  • Broker Warrants has the meaning ascribed to such term in Section 12 hereof;

  • Sponsor Warrants shall have the meaning given in the Recitals hereto.

  • Class A Warrants means, collectively, the Common Stock purchase warrants delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof, which Warrants shall be exercisable immediately and have a term of exercise equal to five (5) years, in the form of Exhibit A attached hereto.