Applicable Warrant Shares definition

Applicable Warrant Shares means, for an Applicable Fiscal Quarter, the number of Warrant Shares for which Applicable Contract Lock In Credit is granted, which shall be determined by dividing the aggregate Applicable Contract Lock In Credit earned in such Applicable Fiscal Quarter (i.e., monies received or to be received by Company and/or an Affiliate of Company over the term of Applicable Contracts that become effective in such Applicable Fiscal Quarter) by $85,000,000, and then multiplying such resulting percentage by 3,400,000. For example, if the aggregate Applicable Contract Lock In Credit earned in an Applicable Fiscal Quarter is $10,000,000, then the Applicable Warrant Shares resulting from such Applicable Contract Lock In Credit will be 400,000 Applicable Warrant Shares. Any computation of Applicable Warrant Shares shall not increase the number of Warrant Shares as otherwise provided for in this Warrant.
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Applicable Warrant Shares means, with respect to any Triggering Event, the number of Warrant Shares issuable upon exercise of this Warrant immediately prior to such Triggering Event (taking into account any previous adjustments to the number of Warrant Shares prior to such Triggering Event).
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Applicable Warrant Shares means [_____] percent ([__]%) of the total number of Warrant Shares that may be purchased upon exercise of this Warrant.
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Examples of Applicable Warrant Shares in a sentence

  • For the avoidance of any doubt whatsoever, the closing of a Qualified Public Offering shall not result in any adjustment to the Exercise Price for any Warrant Shares other than the Applicable Warrant Shares.


More Definitions of Applicable Warrant Shares

Applicable Warrant Shares means, as applicable, the First Tranche Shares, the Second Tranche Shares and the Third Tranche Shares.
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Applicable Warrant Shares means one hundred percent (100%) of the total number of Warrant Shares that may be purchased upon exercise of this Warrant.
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Related to Applicable Warrant Shares

  • Common Warrant Shares means the shares of Common Stock issuable upon exercise of the Common Warrants.

  • Warrant Shares means the shares of Common Stock issuable upon exercise of the Warrants.

  • Warrant Stock means Common Stock issuable upon exercise of any Warrant or Warrants or otherwise issuable pursuant to any Warrant or Warrants.

  • Warrant Share means the Common Shares issuable upon the exercise of the Warrants.

  • Warrant Share Number means at any time the aggregate number of shares of Warrant Stock which may at such time be purchased upon exercise of this Warrant, after giving effect to all prior adjustments and increases to such number made or required to be made under the terms hereof.

  • Warrant Share Delivery Date shall have the meaning set forth in Section 2(d)(i).

  • Pre-Funded Warrant Shares means the shares of Common Stock issuable upon exercise of the Pre-Funded Warrants.

  • Conversion Shares means, collectively, the shares of Common Stock issuable upon conversion of the shares of Preferred Stock in accordance with the terms hereof.

  • Adjustment Shares shall have the meaning set forth in Section 11(a)(ii) hereof.

  • Current Warrant Price means, in respect of a share of Common Stock at any date herein specified, the price at which a share of Common Stock may be purchased pursuant to this Warrant on such date.

  • Exercise Shares means shares of the Company’s Common Stock issuable upon exercise of this Warrant, as appropriate.

  • Conversion Share means any share of Common Stock issued or issuable upon conversion of any Note.

  • PIPE Shares shall have the meaning given in the Recitals hereto.

  • Warrant Securities means this Warrant and the Warrant Shares, collectively.

  • Initial Warrant Exercise Date means __________, 1997.

  • Additional Shares shall have the meaning specified in Section 14.03(a).

  • Option Warrants shall have the meaning ascribed to such term in Section 2.2(a).

  • Applicable Stock means (i) the Company’s presently authorized series of preferred stock specified in the introductory paragraph of this Warrant, (ii) after the conversion of all of the outstanding shares of such series of preferred stock into Common Stock, either automatically or by vote of the requisite holders thereof, the Company’s Common Stock, and (iii) upon any conversion, exchange, reclassification or change, any security into which the securities described in clauses (i) or (ii) of this definition may be converted, exchanged, reclassified or otherwise changed.

  • Conversion Stock means shares of Common Stock issued upon conversion of the Preferred Stock.

  • Series B Warrants means, collectively, the Series B Common Stock purchase warrants delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof and the other Series B Warrants contemplated under Section 2.1 to be issued concurrently at the Closing, which Series B Warrants shall be exercisable beginning immediately and have a term of exercise equal to five (5) years, in the form of Exhibit B-2 attached hereto.

  • Underlying Shares means the shares of Common Stock issued and issuable upon conversion of the Preferred Stock and upon exercise of the Warrants.

  • SPAC Warrants means SPAC Private Warrants and SPAC Public Warrants, collectively.

  • Commitment Shares shall have the meaning set forth in Section 12.04.

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

  • U.S. Warrantholder means any Warrantholder that is a U.S. Person, acquired Warrants in the United States or for the account or benefit of any U.S. Person or Person in the United States;

  • Warrant Exercise Price means $0.01 per share.