Underlying Warrants definition

Underlying Warrants and the "Underlying Warrant Shares" are collectively referred to as the "Warrant Securities;" and

Underlying Warrants means the underlying warrants of the Company, issuable upon the exercise or deemed exercise of the Special Warrants, entitling the holder thereof to acquire one Warrant Share at an exercise price of $0.50 per Warrant Share until the date that is 24 months following the Closing Date, including any Underlying Warrants that may be issued pursuant to the Penalty Provision, in accordance with the terms of the Underlying Warrant Indenture;

Underlying Warrants shall have the meaning set forth in the recitals hereto.

Examples of Underlying Warrants in a sentence

• The Escrow Release Conditions were satisfied on January 29, 2019 and the Subscription Receipts were converted into Underlying Shares and Underlying Warrants.

• Any amount received on your Securities following an amendment of the terms and conditions of the Underlying Warrant(s) may be less than your initial investment and could be zero.

• Any adjustment made to the terms and conditions of the Underlying Warrant(s) may have a negative effect on the value of the Underlying Warrant(s) and therefore on the value of and return on the Securities.

• This may have an adverse effect on the value of the Underlying Warrant(s) and therefore on the value of and return on your Securities.

• Underlying Warrants Each Underlying Warrant will entitle the holder thereof to purchase one Underlying Share at a price of CAD$0.25, subject to adjustment in certain circumstances, at any time prior to December 24, 2019.

More Definitions of Underlying Warrants

Underlying Warrants mean the common stock purchase warrants included in the Units.

Underlying Warrants means the 110,000 Warrants that are the subject of this Managing Underwriters' Warrant, subject to adjustment from time to time as provided in the Warrant Agreement and Section 5 hereof;

Underlying Warrants means the common share purchase warrants issuable to Subscription Receiptholders upon exercise of the Subscription Receipts without payment of additional consideration in accordance with the terms of the Warrant Indenture, with each whole Underlying Warrant entitling the holder thereof to purchase one Underlying Warrant Share, subject to any adjustment, at any exercise price of $2.00 for a period of 24 months following the Escrow Release Date;

Underlying Warrants has the meaning ascribed to such term on page 2 of this Agreement;

Underlying Warrants means the Common Share purchase warrants of the Company, each whole Underlying Warrant comprising part of each Unit, and each Underlying Warrant being exercisable to acquire one Common Share at a price of $7.50 per Common Share until the Warrant Expiry Date.

Underlying Warrants refers to the Warrants which are part of the Underlying Units and are issued or issuable upon the exercise of the Underwriter Warrants.

Underlying Warrants means the Warrants, subject to adjustment from time to time as provided herein, constituting part of the Underlying Units;