Warrant Proceeds definition

Warrant Proceeds means, for each Company Warrant outstanding as of the Effective Time and cancelled pursuant to Section 1.12, an amount equal (i) the exercise price for a share of Company Common Stock underlying such Company Warrant multiplied by (ii) the number of shares of Company Common Stock underlying such Company Warrant.

Warrant Proceeds and "Equity Proceeds" shall have the meaning set forth in the Plan of Reorganization of the Client as originally filed, without amendment, on February 9, 1998. 37 EXHIBIT A COLLECTION POLICY [Full copy of Collection Manual to be attached] 38 EXHIBIT B DEPOSITORY ACCOUNTS Bank One, Arizona, N.A. 201 Xxxxx Xxxxxxx Xxxxxx, 00xx Xxxxx Xxxxxxx, Xxxxxxx 00000 Xxxn: Mr. Xxxx Xxxxxxxxx Xxxne: (602) 000-0000 Xxxt: 0987-4687 (Collection) Acct: 0987-4628 (ARD) Bank One, Texas, N.A. PO Bxx 000000 Xxxxxx, Xxxxx 00000-0000 Xxxn: Ms. Kim Xxxxxxx Xxxne: (214) 000-0000 Xxxt: 1826339630 Barnxxx Xxxk, Inc. 1 Prxxxxxx Xxxxx, Xxxxx 000 Xx. Xxxxxxxxxx, Xxxxxxx 00000 Xxxn: Mr. Xxxx XxXxx Xxxne: (813) 000-0000 Xxxt: 1266693164 (Collection) Acct: 1266692930 (ARD) Las Vegas Business Bank PO Bxx 00000 Xxx Xxxxx, Xxxxxx 00000 Xxxn: Ms. Xxxx Xxxxx Xxxne: (702) 000-0000 Xxxt: 1008000 XationsBank PO Bxx 00000 Xxxxxxxxxxx, Xxx Xxxxxx 00000 Xxxn: Ms. Xxxxxx Xxxxxxx Xxxne: (505) 000-0000 Xxxt: 2864000000 39 EXHIBIT C PERFORMANCE EVENTS The occurrence of either of the following shall constitute a Performance Event:

Warrant Proceeds means the cash proceeds paid to the Company by Renova Media Enterprises Ltd. or any of its affiliates, or their successor or assigns, in connection with the exercise of warrants issued by the Company to purchase its capital stock.

Examples of Warrant Proceeds in a sentence

• Upon the exercise of any Warrant and clearance of the funds received, the Warrant Agent shall promptly remit the payment received for the Warrant (the "Warrant Proceeds") to the Company or as the Company may direct in writing.

• Upon the exercise of any Warrant and clearance of the funds received, the Warrant Agent shall promptly remit the payment received for the Warrant (the "Warrant Proceeds") to the Company or as the Company may direct in writing, subject to the provisions of Sections 4(b) and 4(c) hereof.

• Commencing on the Closing, a finance charge of 5% per annum (calculated on the basis of the actual number of days elapsed over a year of 365 days and compounded annually) of the unpaid FlatWorld Additional Warrant Proceeds balance (the “Finance Charge”) shall be added to the outstanding unpaid FlatWorld Additional Warrant Proceeds balance until such unpaid balance is paid in full under the terms hereof.

• Upon the exercise of any Class D Warrant and clearance of the funds received, the Warrant Agent shall promptly remit the payment received for the Class D Warrant (the "Warrant Proceeds") to the Company or as the Company may direct in writing, subject to the provisions of Subsections 4(b) and 4(c).

• The Buyer shall pay 89.74% of the Chardan Warrant Cash to Sellers as Post-Closing Cash, as more specifically set forth in Schedule 2.5, 5.13% of the Chardan Warrant Cash to FlatWorld in respect of the FlatWorld Warrant Proceeds and 5.13% of the Chardan Warrant Cash to Chardan Capital, LLC in respect of the Chardan Capital Fee.

More Definitions of Warrant Proceeds

Warrant Proceeds means the aggregate exercise price of all Warrants that entitle the holder to receive payment pursuant to Section 3.3.

Warrant Proceeds and "Equity Proceeds" shall have the meaning set forth in the Plan of Reorganization of the Client as originally filed, without amendment, on February 9, 1998. EXHIBIT A Collection Policy ----------------- [Full copy of Collection Manual to be attached] EXHIBIT B Depository Accounts -------------------

Warrant Proceeds as of the Exercise Date means the cash proceeds the Company would receive if all outstanding warrants, options and shares of preferred stock exercisable or convertible for Common Stock had been exercised as of the last day of the month immediately preceding the Exercise Date in accordance with their respective terms.

Warrant Proceeds means, with respect to each Class A Unit underlying an Outstanding Company Warrant, the amount by which the Adjusted Equity Value Per Unit exceeds the exercise or “strike” price for such Class A Unit set forth in the applicable Outstanding Company Warrant (which, for clarity, is an iterative calculation, because the Adjusted Equity Value Per Unit is determined based in part on the Warrant Proceeds, as detailed in the Distribution Methodology).

Warrant Proceeds means an amount equal to the aggregate exercise price of all unexercised Warrants immediately prior to the Effective Time.

Warrant Proceeds means the proceeds to the Company attributable to the exercise or sale of the Warrants, as determined by the accountants of the Company. All other capitalized terms used herein and not otherwise defined herein shall have the meanings assigned thereto in the LLCL. To the extent that a term specifically defined in this Section 1.1 conflicts with a definition provided in the LLCL, the specific definition set forth herein shall govern.

Warrant Proceeds means any payment made or distribution to the Borrower with respect to any Warrants.