Incremental Warrants definition

Incremental Warrants means warrants to purchase Shares, issued by the Company on an Incremental Funding Date to the Incremental Purchasers participating in such Incremental Advance representing in the aggregate one hundred percent (100%) coverage with respect to the Incremental Advance funded on such Incremental Funding Date and with an exercise price set forth on Schedule 1.1(d), as amended, modified, supplemented or restated from time to time, together with all warrants issued in substitution or exchange therefor.

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Incremental Warrants means warrants to purchase Shares, issued by the Company on an Incremental Funding Date to the Incremental Purchasers participating in such Incremental Advance representing in the aggregate one hundred percent (100%) coverage with respect to the Incremental Advance funded on such Incremental Funding Date and with an exercise price equal to (a) with respect to the first Incremental Advance, $0.26, and (b) with respect to each other Incremental Advance, the Restatement Conversion Price for such Incremental Advance, in substantially the form attached hereto as Exhibit B-2, as amended, modified, supplemented or restated from time to time, together with all warrants issued in substitution or exchange therefor.

Incremental Warrants is defined in the recitals to this Agreement.

Examples of Incremental Warrants in a sentence

This Incremental Warrant may be divided or combined with other Incremental Warrants upon presentation hereof at the aforesaid office of the Company, together with a written notice specifying the names and denominations in which new Incremental Warrants are to be issued, signed by the Holder or its agent or attorney.
Upon such surrender and, if required, such payment, the Company shall execute and deliver a new Incremental Warrant or Incremental Warrants in the name of the assignee or assignees, as applicable, and in the denomination or denominations specified in such instrument of assignment, and shall issue to the assignor a new Incremental Warrant evidencing the portion of this Incremental Warrant not so assigned, and this Incremental Warrant shall promptly be cancelled.
All Incremental Warrants issued on transfers or exchanges shall be dated the initial issuance date of this Incremental Warrant and shall be identical with this Incremental Warrant except as to the number of Notes issuable pursuant thereto.
Subject to compliance with Section 3(a), as to any transfer which may be involved in such division or combination, the Company shall execute and deliver a new Incremental Warrant or Incremental Warrants in exchange for the Incremental Warrant or Incremental Warrants to be divided or combined in accordance with such notice.
The parties agree that any Notice of Exercise delivered following a Call Notice which calls less than all of the Incremental Warrants shall first reduce to zero the number of Notes subject to such Call Notice prior to reducing the remaining Notes available for purchase under this Incremental Warrant.

More Definitions of Incremental Warrants

Incremental Warrants means the right of the Lenders to acquire an additional two percent (2%), in the aggregate, of the total Common Units of the Borrower, on a fully-diluted basis, at an exercise price of $0.01 per Common Unit.

Incremental Warrants shall have the meaning given in the Recitals hereto.

Incremental Warrants has the meaning specified in the First Amendment.

Incremental Warrants means the warrants to acquire Preferred Shares issued pursuant to the Purchase Agreement.

Incremental Warrants means 175,000 newly created and issued warrants to [******] on the Second Amendment Effective Date, which will be freely tradeable in Canada and be publicly traded upon issuance (under the same CUSIP/ISIN as the existing publicly traded warrants) on the NEO Exchange under the ticker: GLAS.WT.U, and each exercisable at an exercise price of USD$11.50 to acquire one subordinate voting share, restricted voting share or limited voting share, as applicable (i.e., traded on the NEO Exchange under the ticker: GLAS.A.U) until June 26, 2026, subject to acceleration, redemption and/or adjustment, and governed in accordance with the terms of a warrant agency agreement dated May 13, 2019, as supplemented June 29, 2021, between the Parent and Odyssey Trust Company, as warrant agent.

Incremental Warrants has the meaning set forth in the preamble.

Incremental Warrants means, collectively, the warrants to purchase Incremental Notes, Common Warrants and shares of Series B Preferred Stock delivered to the Purchasers at the applicable Closing in accordance with this Agreement, which Incremental Warrants shall be exercisable immediately and have a term of exercise equal to 1 year, in the form of Exhibit C attached hereto or such other form as shall be agreed between the Issuer and such Purchaser.

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