First Tranche Warrant definition

First Tranche Warrant means those Warrants issued for an --------------------- initial aggregate of 298,492 Warrant Shares by the Company on May 15, 2001, as amended by Amendment Number One to First Tranche Warrant Certificate.
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First Tranche Warrant means those Warrants purchased by the Purchaser on the Closing Date pursuant to Section 1.03.
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First Tranche Warrant means a detachable warrant to acquire shares of Common Stock in the form attached as Exhibit C to the Agreement.
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Examples of First Tranche Warrant in a sentence

  • The Warrant Certificate amended hereby shall be deemed to be ----- called the "First Tranche Warrant Certificate" for purposes of the Warrant and Registration Rights Agreement.

  • In the event any Permitted Assignment occurs prior to the issuance of any of the First Tranche, Warrant, Second Tranche, Third Trance or Retailer Initiative Equity (each as applicable an “Unissued Equity at Assignment”), Licensor may at its option give Licensee and the Permitted Assignee written notice (an “Assignment Cash Election Notice”) that Licensor is electing to receive cash in lieu of any or all of such Unissued Equity at Assignment.

  • Upon the terms and subject to the conditions set forth in the Purchase Agreement, the Purchaser has (i) made an investment in the Company at the First Tranche Closing by acquiring the First Tranche Note, the First Tranche Warrant and the First Tranche Common Shares; and (ii) agreed to make a further investment in the Company at the Second Tranche Closing by acquiring the Second Tranche Warrant and, unless a Company Option Event occurs, the Second Tranche Note.

  • The Company hereby agrees to use commercially reasonable best efforts to maintain the listing or quotation of its Common Stock on the Trading Market on which it is currently listed, and concurrently with the Closing, the Company shall apply to list or quote all of the Common Shares, the First Tranche Warrant Common Shares and the Second Tranche Warrant Common Shares (collectively, the “Listed Shares”) on such Trading Market and promptly secure the listing of all of the Listed Shares on such Trading Market.

  • Each First Tranche Warrant and each Second Tranche Warrant shall initially be issued in registered, book-entry form only.

  • The Common Shares, Preferred Shares, First Tranche Warrants and Second Tranche Warrants are intended to be treated for U.S. federal income tax purposes as an investment unit consisting of 2,253,000 shares of Common Stock, 13,997 shares of Preferred Stock, First Tranche Warrants to initially acquire an aggregate of up to 8,125 First Tranche Warrant Preferred Shares and Second Tranche Warrants to initially acquire an aggregate of up to 8,125 Second Tranche Warrant Preferred Shares.

  • The purchase price for the First Tranche Warrant shall be paid fifty percent (50%) on the Closing Date and fifty percent (50%), plus interest from the Closing Date at the rate of seven percent (7%) per annum, at the earlier of the date of exercise or the date of expiration of the First Tranche Warrant.

  • Notwithstanding the foregoing, such adjustment to the applicable Warrant Price would disregard, in determining the applicable VWAP Price, any increase in such trading price for Company Common Stock occurring within ten (10) business days following public announcement, if any, of the achievement of either the First Tranche Warrant Milestone or the Second Tranche Warrant Milestone, as applicable.

  • Following satisfaction of the First Tranche Warrant Milestone (defined below) and during the Exercise Period (defined below), Holder may exercise the First Tranche Warrants at the First Tranche Exercise Price per share, subject to the adjustments provided in Section 4 hereof.

  • The purchase price for the First Tranche Warrant and, if applicable, the purchase price for the Additional Warrant shall be made in cash in immediately available funds by wire transfer to an account designated in writing by the Company to the Purchaser at least two (2) Business Days prior to the Closing Date and the Second Closing Date, respectively.


More Definitions of First Tranche Warrant

First Tranche Warrant means that certain Warrant, dated as of the date hereof, by and between the Borrower and the Lender, providing for, among other things, ▇▇▇▇▇▇’s right to purchase 6,545,338.45 shares of common stock, par value $0.001 per share, of the Borrower. “Foreign Pension Plan” means a registered pension plan which is subject to applicable pension legislation other than ERISA or the Code, which a Loan Party or Subsidiary sponsors or maintains, or to which it makes or is obligated to make contributions. “Foreign Plan” means each Foreign Pension Plan, “employee benefit plan” (within the meaning of Section 3(3) of ERISA), deferred compensation or other retirement or superannuation plan, fund, program, agreement, commitment or arrangement whether oral or written, funded or unfunded, sponsored, established, maintained or contributed to, or required to
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First Tranche Warrant means a warrant, substantially in the form attached hereto as Exhibit B, to purchase a number of shares of Common Stock equal to the quotient obtained by dividing (i) the product of (A) 0.3 and (B) the First Tranche Note Amount by (ii) the First Tranche Conversion Price, rounded to the nearest whole number, at a price per share initially equal to the First Tranche Conversion Price.
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First Tranche Warrant means a warrant to purchase one share of Common Stock at $0.45 per share exercisable immediately upon issuance through December 31, 2016, and subject to the terms and conditions of the form of Warrant attached hereto as Exhibit A.
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First Tranche Warrant has the meaning set forth in Section 2.1(B).
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Related to First Tranche Warrant

  • First Tranche means the amount of the Loan allocated to the category entitled “First Tranche” in the table set forth in Part B of Schedule 1 to this Agreement.

  • Existing Warrants means the presently outstanding Common Stock Purchase Warrants (1971 Warrants and Series B Warrants) previously issued by the Borrower.

  • Series B Warrants means, collectively, the Series B Common Stock purchase warrants delivered to the Purchasers at Closing in accordance with Section 2.2(a) hereof, which Series B Warrants shall be exercisable immediately and have a term of exercise equal to 18 months, in the form of Exhibit D attached hereto.

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

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