Common use of Purchase and Sale of Warrants Clause in Contracts

Purchase and Sale of Warrants. In consideration of the surrender by Buyer of certain governance rights under Seller's charter documents, Seller hereby sells to Buyer and Buyer hereby purchases from Seller: A. the Class T Warrant to purchase an aggregate of 2,725,136 shares of Class T Stock (collectively, the "Class T Warrant Shares"). The shares of Class A Stock issuable upon exercise of the Class T Warrant (i.e., if Buyer or a Permitted Holder (as defined in the Class T Warrant) elects to receive shares of Class A Stock upon exercise of the Class T Warrant or if a party other than Buyer or a Permitted Holder exercises the Class T Warrant) are collectively referred to as the "TA Shares". A form of the Class T Warrant is attached hereto as Exhibit A. B. the Class A Warrant to purchase an aggregate of 6,274,864 shares of Class A Stock (collectively, the "Class A Warrant Shares"; and together with the TA Shares, the "Warrant Shares"). A form of the Class A Warrant is attached hereto as Exhibit B.

Appears in 1 contract

Sources: Warrant Purchase Agreement (Univision Communications Inc)

Purchase and Sale of Warrants. In consideration of the surrender by Buyer of certain governance rights under Seller's charter documents, Seller hereby sells to Buyer and Buyer hereby purchases from Seller: A. the Class T V Warrant to purchase an aggregate of 2,725,136 2,477,388 shares of Class T V Stock (collectively, the "Class T V Warrant Shares"). The shares of Class A Stock issuable upon exercise of the Class T V Warrant (i.e., if Buyer or a Permitted Holder (as defined in the Class T V Warrant) elects to receive shares of Class A Stock upon exercise of the Class T V Warrant or if a party other than Buyer or a Permitted Holder exercises the Class T V Warrant) are collectively referred to as the "TA VA Shares". A form of the Class T V Warrant is attached hereto as Exhibit A. B. the Class A Warrant to purchase an aggregate of 6,274,864 68,058 shares of Class A Stock (collectively, the "Class A Warrant Shares"; and together with the TA VA Shares, the "Warrant Shares"). A form of the Class A Warrant is attached hereto as Exhibit B.

Appears in 1 contract

Sources: Warrant Purchase Agreement (Univision Communications Inc)

Purchase and Sale of Warrants. In consideration of the surrender by Buyer of certain governance rights under Seller's charter documents, Seller hereby sells to Buyer and Buyer hereby purchases from Seller: A. the Class T V Warrant to purchase an aggregate of 2,725,136 247,748 shares of Class T V Stock (collectively, the "Class T V Warrant Shares"). The shares of Class A Stock issuable upon exercise of the Class T V Warrant (i.e., if Buyer or a Permitted Holder (as defined in the Class T V Warrant) elects to receive shares of Class A Stock upon exercise of the Class T V Warrant or if a party other than Buyer or a Permitted Holder exercises the Class T V Warrant) are collectively referred to as the "TA VA Shares". A form of the Class T V Warrant is attached hereto as Exhibit A. B. the Class A Warrant to purchase an aggregate of 6,274,864 6,806 shares of Class A Stock (collectively, the "Class A Warrant Shares"; and together with the TA VA Shares, the "Warrant Shares"). A form of the Class A Warrant is attached hereto as Exhibit B.

Appears in 1 contract

Sources: Warrant Purchase Agreement (Univision Communications Inc)