Warrant C definition

Warrant C means the warrant issued by the Company in accordance with this Deed and all rights conferred by it, including the Subscription Rights, in respect of the Warrant C Shares;

Warrant C has the meaning set forth in the recitals.

Warrant C means the Company's warrant to acquire an aggregate of two hundred thousand (200,000) shares of Common Stock in the form of Warrant 5-C issued and delivered to CFFTI pursuant to the First Amendment Agreement. PORTIONS OF THIS EXHIBIT WERE OMITTED AND HAVE BEEN FILED SEPARATELY WITH THE SECRETARY OF THE COMMISSION PURSUANT TO THE COMPANY'S APPLICATION REQUESTING CONFIDENTIAL TREATMENT UNDER RULE 406 OF THE SECURITIES ACT. EXECUTION COPY

Examples of Warrant C in a sentence

• FG Warrant C: Total exercise price of US$1,000,000 upon successful cultivation and processing of 1,000 kg of Good Agricultural and Collection Practices (“GACP”) grade dried flower.

• Section 3.6(a) of the Parent Disclosure Schedule lists, as of the Reference Date, (A) each holder of issued and outstanding Parent Warrants, (B) the number and type of shares subject to each Parent Warrant, (C) the exercise price of each Parent Warrant and (D) the termination date of each Parent Warrant.

• Section 3.6(a) of the Parent Disclosure Schedule lists, as of the Reference Date, (A) each holder of issued and outstanding warrants to purchase capital stock of Parent (“Parent Warrants”), (B) the number and type of shares subject to each Parent Warrant, (C) the exercise price of each Parent Warrant and (D) the termination date of each Parent Warrant.

• The expected volatility is based on the historical trading prices of similar companies.At December 31, 2020, the fair value of Warrant C has been estimated at $89,821, using a Monte Carlo Simulation with the following assumptions: (i) expected dividend yield of 0%; (ii) expected volatility of 95%; (iii) risk free interest rate of 0.35%; (iv) share price of $0.091; and (v) expected life of 3 years.

• The foregoing sentence shall not apply to (A) the Securities to be sold hereunder, (B) any shares of Common Stock issued by the Company upon the exercise of a Warrant, (C) any shares of Common Stock issued pursuant to any non-employee director stock plan or dividend reinvestment plan or any employee benefit plan of the Company, or (D) any of the Units, shares of Common Stock and Warrants issued by the Company upon the exercise of the Representative’s Purchase Option.

More Definitions of Warrant C

Warrant C means the Common Stock Purchase Warrant in the form attached hereto as Exhibit F.

Warrant C means each warrant issued and sold under this Agreement in the form of Exhibit C.

Warrant C means a Common Stock purchase warrant, in the form of Exhibit C-3.

Warrant C means, collectively, the Common Stock warrants issued and sold under this Agreement, in the form of Exhibit B-3.

Warrant C means that certain warrant to purchase 14,801,369 shares, subject to adjustment in accordance with its terms, of Common Stock issued by the Company to Amazon or its permitted assigns, dated as of December 20, 2018.

Warrant C. A seven (7) year warrant to purchase up to three hundred fifty thousand (350,000) shares exercisable at one dollar and twenty five cents ($1.25) per share. Warrant C shall vest in accordance with Table 1.1 below based on the Distributors achievement of cumulative Revenue Based Milestone. For example: $2,100,000.00 in cumulative fully paid purchase orders, less $100,000 in shipping and returns, would result in $2,000,000,000 qualifying revenue and would result in 350,000 warrants being vested for Warrant B and 150,000 warrants being vested for Warrant C. The seven (7) year exercise period shall run from the date each warrant is vested. Table 1.0 – Warrant Vesting Schedule (all dollar amounts are cumulative over the life of the Agreement):

Warrant C means the warrant issued by the Company in accordance with this Agreement and all rights conferred by it, including the subscription rights, in respect of the Warrant C Shares.