Applicable Exercise Price definition

Applicable Exercise Price means, with respect to each Company Stock Option, Common Stock Warrant and Preferred Stock Warrant, the exercise price required to be paid to acquire one share of Company Common Stock, in the case of a Company Stock Option or Common Stock Warrant, or one share of Company Preferred Stock, in the case of a Preferred Stock Warrant.

Applicable Exercise Price means, with respect to any Triggering Event, the Exercise Price immediately prior to such Triggering Event (taking into account any previous adjustments to the Exercise Price prior to such Triggering Event).

Applicable Exercise Price means the exercise price of a Qualifying Company Option as set forth in the applicable Company Option.

Examples of Applicable Exercise Price in a sentence

• No Shares will be issued upon exercise of the Option until full payment of the Applicable Exercise Price and Tax Amount has been made.

• Upon receipt of the Applicable Exercise Price and Tax Amount, the Company shall deliver to the Optionee a certificate representing the number of Shares purchased by the Optionee on the applicable Closing Date (as defined below).

• The Exercise Notice shall not be effective unless the Optionee delivers, along with such Exercise Notice, the following payment amounts to the Company: (A) an amount equal to the Applicable Exercise Price and (B) an amount equal to any and all taxes and similar withholding amounts that the Company determines are applicable with respect to such exercise (the “Tax Amount”).

• As to any fraction of a share which the Holder would otherwise be entitled to purchase upon such exercise, the Company shall, at its election, either pay a cash adjustment in respect of such final fraction in an amount equal to such fraction multiplied by the Applicable Exercise Price with respect to the Warrant Shares being exercised or round up to the next whole share.

• The undersigned hereby elects to purchase _____ First Tranche Shares [and/or] Second Tranche Shares of the Company pursuant to the terms of the attached Warrant (only if exercised in full), and tenders herewith payment of the aggregate Applicable Exercise Price in full, together with all applicable transfer taxes, if any.

More Definitions of Applicable Exercise Price

Applicable Exercise Price means a purchase price per Warrant Share equal to (i) the First Tranche Share Exercise Price if such Warrant Share is a First Tranche Share, or (ii) the Second Tranche Share Exercise Price if such Warrant Share is a Second Tranche Share, as each may be adjusted from time to time as provided herein.

Applicable Exercise Price means the Exercise Price of this Warrant as in effect at any given time during the term of this Warrant.

Applicable Exercise Price payable in lawful money of the United States of America upon surrender of this Warrant Certificate, with the form of election to purchase set forth hereon properly completed and executed, and payment of the Exercise Price at the office of the Company designated for such purpose, subject to the conditions set forth herein and in the Warrant Agreement referred to on the reverse hereof. In lieu of exercising this Warrant by paying in full the Exercise Price plus transfer taxes (if applicable pursuant to Section 6 of the Warrant Agreement), if any, the Warrant holder may, from time to time, convert this Warrant, in whole or in part, into a number of shares of Common Stock determined by dividing (a) the aggregate current market price of the number of Shares represented by the Warrants converted, minus the aggregate Exercise Price for such shares, plus transfer taxes, if any, by (b) the current market price of one Share. The current market price shall be determined pursuant to Section 10(f) of the Warrant Agreement.

Applicable Exercise Price means, as to any Tranche of Warrant Stock, the Exercise Price applicable to such Tranche of Warrant Stock.

Applicable Exercise Price means fifty cents ($0.50) (subject to adjustment, if any, as provided herein).

Applicable Exercise Price is defined in Section 3.1.

Applicable Exercise Price as used in this Agreement shall mean the purchase price of one share of Common Stock, as the case may be, upon the exercise of a Warrant reflecting all appropriate adjustments made in accordance with the provisions of Article V hereof.