Share Amount Sample Clauses

Share Amount. The number of shares of Common Stock purchasable upon exercise of the Warrants shall initially be one share of Common Stock for each Warrant exercised, subject to adjustment from and after the Issue Date as provided in Section 4 of this Agreement.
AutoNDA by SimpleDocs
Share Amount. The Section 1.6 Share Amount shall be adjusted upwards from time to time to reflect the issuance of additional shares to FGH and Ford under this Section 1.6 and downwards, but not below zero, to reflect any amount paid or payable by FGH and Ford (expressed as the number of shares of Golden State Common Stock required assuming FGH and Ford had elected to tender payment in such form (regardless of whether Ford and FGH had the right to make such an election)) under this Section 1.6. If, but for the immediately preceding sentence, any payment to Golden State by FGH and Ford under Section 1.6 would result in a Section 1.6 Share Amount that is less than zero, such negative number (expressed as a positive number and converted to a dollar amount based on the Average Stock Price for 15 randomly selected days during the 30 trading-day period ending on the date such payment is due) shall be added to the balance of a notional account (the "Shortfall Account"). The balance of the Shortfall Account shall be $0.00 on the Effective Date, and any positive balance in the Shortfall Account shall bear interest, compounded semiannually, at the rate contemplated in the definition of
Share Amount. On this date and subject to the terms and conditions of this Agreement, Purchaser hereby purchases from the Founder, and the Founder hereby sells to Purchaser, the Shares at a nominal cash purchase price of $100 (the “Purchase Price”) or approximately $0.0001429 per share. The term “Shares” refers to the Shares purchased under this Agreement and includes all securities received (i) in replacement of the Shares, (ii) as a result of stock dividends or stock splits in respect of the Shares, and (iii) all securities or property received in replacement of the Shares in a recapitalization, merger, reorganization or the like.
Share Amount. 4 2.3 Form Of Warrant Certificate.....................................................................4 2.4 Execution Of Warrant Certificate................................................................4 2.5 Countersignature Of Warrant Certificates........................................................4
Share Amount. Subject to any adjustments under this Agreement, in addition to the Guaranteed Rights Fee listed in Section 4.1 above, SSP will pay University the Share Amount of collected AGR that exceeds the AGR Hurdle Amounts set forth below: Athletic Year AGR Hurdle Amount 2018 – 2019 $1,500,000 2019 – 2020 $1,540,000 2020 – 2021 $1,580,000 2021 – 2022 $1,620,000 2022 – 2023 $1,660,000 2023 – 2024 $1,810,000 2024 – 2025 $1,860,000 2025 – 2026 $1,910,000 2026 – 2027 $1,960,000 2028 – 2029 $2,010,000 4.6 ESPN3 and Alternative Distribution Channels. During each Athletic Year of the Term, SSP will pay for ESPN3 production and broadcast costs up to $15,000.00. SSP will coordinate its efforts with University to obtain cost savings for its ESPN3 production and broadcast costs. University agrees to work with SSP to develop alternative forms of distributing Content and Athletic Events other than through television broadcasts including live streaming, YouTube, Twitter, Facebook Live and other media outlets such as Netflix, Amazon Prime and Hulu (collectively, “Alternative Distribution Channels”). If University and SSP are able to develop Alternative Distribution Channels, this Agreement will be amended to set forth the specific rights and obligations of the Parties including the financial arrangement between University and SSP relating to the Alternative Distribution Channels.

Related to Share Amount

  • Adjustment of Exercise Price, Number of Shares of Common Stock or Number of the Company Warrants The Exercise Price, the number of shares covered by each Warrant and the number of Warrants outstanding are subject to adjustment from time to time as provided in Section 3 of the Warrant Certificate. In the event that at any time, as a result of an adjustment made pursuant to Section 3 of the Warrant Certificate, the Holder of any Warrant thereafter exercised shall become entitled to receive any shares of capital stock of the Company other than shares of Common Stock, thereafter the number of such other shares so receivable upon exercise of any Warrant shall be subject to adjustment from time to time in a manner and on terms as nearly equivalent as practicable to the provisions with respect to the shares contained in Section 3 of the Warrant Certificate and the provisions of Sections 7, 11 and 12 of this Agreement with respect to the shares of Common Stock shall apply on like terms to any such other shares. All Warrants originally issued by the Company subsequent to any adjustment made to the Exercise Price pursuant to the Warrant Certificate shall evidence the right to purchase, at the adjusted Exercise Price, the number of shares of Common Stock purchasable from time to time hereunder upon exercise of the Warrants, all subject to further adjustment as provided herein.

  • Exchange Ratio The Company shall promptly give public notice of any such exchange; provided, however, that the failure to give, or any defect in, such notice shall not affect the validity of such exchange. The Company promptly shall mail a notice of any such exchange to all of the holders of such Rights at their last addresses as they appear upon the registry books of the Rights Agent. Any notice which is mailed in the manner herein provided shall be deemed given, whether or not the holder receives the notice. Each such notice of exchange will state the method by which the exchange of Units of Preferred Stock for Rights will be effected and, in the event of any partial exchange, the number of Rights which will be exchanged. Any partial exchange shall be effected pro rata based on the number of Rights (other than Rights which have become void pursuant to the provisions of Section 7(e) hereof) held by each holder of Rights.

  • No Adjustment of Conversion Price No adjustment in the Conversion Price of a particular series of Preferred Stock shall be made in respect of the issuance of Additional Shares of Common unless the consideration per share (as determined pursuant to paragraph 4(d)(v)) for an Additional Share of Common issued or deemed to be issued by the Corporation is less than the Conversion Price in effect on the date of, and immediately prior to such issue, for such series of Preferred Stock.

  • Merger Consideration Each share of the common stock, par value $0.01 per share, of the Company (a “Share” or, collectively, the “Shares”) issued and outstanding immediately prior to the Effective Time other than (i) Shares owned by Parent, Merger Sub or any other direct or indirect wholly-owned Subsidiary of Parent and Shares owned by the Company or any direct or indirect wholly-owned Subsidiary of the Company, and in each case not held on behalf of third parties (but not including Shares held by the Company in any “rabbi trust” or similar arrangement in respect of any compensation plan or arrangement) and (ii) Shares that are owned by stockholders (“Dissenting Stockholders”) who have perfected and not withdrawn a demand for appraisal rights pursuant to Section 262 of the DGCL (each Share referred to in clause (i) or clause (ii) being an “Excluded Share” and collectively, “Excluded Shares”) shall be converted into the right to receive $27.25 per Share in cash, without interest (the “Per Share Merger Consideration”). At the Effective Time, all of the Shares shall cease to be outstanding, shall be cancelled and shall cease to exist, and each certificate (a “Certificate”) formerly representing any of the Shares (other than Excluded Shares) and each non-certificated Share represented by book-entry (a “Book Entry Share”) (other than Excluded Shares) shall thereafter represent only the right to receive the Per Share Merger Consideration, without interest, and each Certificate formerly representing Shares or Book Entry Shares owned by Dissenting Stockholders shall thereafter only represent the right to receive the payment to which reference is made in Section 4.2(f).

  • Stock Splits, Combinations and Dividends If the shares of Common Stock are subdivided or combined into a greater or smaller number of shares of Common Stock, or if a dividend is paid on the Common Stock in shares of Common Stock, the Conversion Price shall be proportionately reduced in case of subdivision of shares or stock dividend or proportionately increased in the case of combination of shares, in each such case by the ratio which the total number of shares of Common Stock outstanding immediately after such event bears to the total number of shares of Common Stock outstanding immediately prior to such event.

  • Adjustment of Conversion Price The Conversion Price shall be subject to adjustment from time to time as follows:

  • Stock Splits, Stock Dividends, etc In the event of any issuance of Shares of the Company’s voting securities hereafter to any of the Stockholders (including, without limitation, in connection with any stock split, stock dividend, recapitalization, reorganization, or the like), such Shares shall become subject to this Agreement and shall be notated with the legend set forth in Subsection 7.12.

  • Exchange Price The price per share at which the Warrant Stock is issuable upon Exercise or Exchange of this Warrant shall be $9.33, subject to Section 1.3 (a) hereof and subject to adjustment from time to time as set forth herein (the “Exchange Price”).

  • Common Stock 1 Company........................................................................1

Time is Money Join Law Insider Premium to draft better contracts faster.