Calculation of Optional Amount Shares. The number of shares of Common Stock to be issued in connection with the exercise of an Optional Amount shall be the quotient determined pursuant to the following equation (rounded to the nearest whole Share): O = A/(B x C), where: O = the number of shares of Common Stock to be issued in connection with such Optional Amount exercise, A = the Optional Amount Dollar Amount with respect to which the Investor has delivered an Optional Amount Notice, B = the applicable percentage determined in accordance with the price and shares amount parameters set forth in Section 2.2 (with the Optional Amount Threshold Price serving as the Threshold Price for such purposes), and C = the greater of (i) the VWAP for the Common Stock on the day the Investor delivers the Optional Amount Notice or (ii) the Optional Amount Threshold Price.
Appears in 20 contracts
Samples: Common Stock Purchase Agreement (Microvision Inc), Common Stock Purchase Agreement (Poniard Pharmaceuticals, Inc.), Common Stock Purchase Agreement (Synta Pharmaceuticals Corp)
Calculation of Optional Amount Shares. The number of shares of Common Stock Shares to be issued in connection with the exercise of an Optional Amount shall be the quotient determined pursuant to the following equation (rounded to the nearest whole Share): O = A/(B x C), where: O = the number of shares of Common Stock Shares to be issued in connection with such Optional Amount exercise, A = the Optional Amount Dollar Amount with respect to which the Investor has delivered an Optional Amount Notice, B = the applicable percentage determined in accordance with the price and shares amount parameters set forth in Section 2.2 (with the Optional Amount Threshold Price serving as the Threshold Price for such purposes), and C = the greater of (i) the VWAP for the Common Stock Shares on the day the Investor delivers the Optional Amount Notice or (ii) the Optional Amount Threshold Price.
Appears in 2 contracts
Samples: Common Share Purchase Agreement (Xoma LTD /De/), Common Share Purchase Agreement (Xoma LTD /De/)
Calculation of Optional Amount Shares. The number of shares of Common Stock to be issued in connection with the exercise of an Optional Amount shall be the quotient determined pursuant to the following equation (rounded to the nearest whole Share): O = A/(B x C), where: O = the number of shares of Common Stock to be issued in connection with such Optional Amount exercise, A = the Optional Amount Dollar Amount with respect to which the Investor has delivered an Optional Amount NoticeAxxxxx Xxxxxx, B = the applicable percentage determined in accordance with the price and shares amount parameters set forth in Section 2.2 (with the Optional Amount Threshold Price serving as the Threshold Price for such purposes), and C = the greater of (i) the VWAP for the Common Stock on the day the Investor delivers the Optional Amount Notice or (ii) the Optional Amount Threshold Price.
Appears in 2 contracts
Samples: Common Stock Purchase Agreement (Dendreon Corp), Common Stock Purchase Agreement (Sulphco Inc)
Calculation of Optional Amount Shares. The number of shares of Common Stock to be issued in connection with the exercise of an Optional Amount shall be the quotient determined pursuant to the following equation (rounded to the nearest whole Share): O = A/(B x × C), where: O = the number of shares of Common Stock to be issued in connection with such Optional Amount exercise, A = the Optional Amount Dollar Amount with respect to which the Investor has delivered an Optional Amount Notice, B = the applicable percentage determined in accordance with the price and shares amount parameters set forth in Section 2.2 (with the Optional Amount Threshold Price serving as the Threshold Price for such purposes), and C = the greater of (i) the VWAP for the Common Stock on the day the Investor delivers the Optional Amount Notice or and (ii) the Optional Amount Threshold Price.
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Calculation of Optional Amount Shares. The number of shares of Common Stock to be issued in connection with the exercise of an Optional Amount shall be the quotient determined pursuant to the following equation (rounded to the nearest whole Share): O = A/(B x C), where: O A B C = = = = the number of shares of Common Stock to be issued in connection with such Optional Amount exercise, A = the Optional Amount Dollar Amount with respect to which the Investor has delivered an Optional Amount Notice, B = the applicable percentage determined in accordance with the price and shares amount parameters set forth in Section 2.2 (with the Optional Amount Threshold Price serving as the Threshold Price for such purposes), and C = the greater of (i) the VWAP for the Common Stock on the day the Investor delivers the Optional Amount Notice or (ii) the Optional Amount Threshold Price.
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Calculation of Optional Amount Shares. The number of shares of Common Stock to be issued in connection with the exercise of an Optional Amount shall be the quotient determined pursuant to the following equation (rounded to the nearest whole Share): O = A/(B x C), where: O = the number of shares of Common Stock to be issued in connection with such Optional Amount exercise, A = the Optional Amount Dollar Amount with respect to which the Investor has delivered an Optional Amount NoticeXxxxxx Xxxxxx, B = the applicable percentage determined in accordance with the price and shares amount parameters set forth in Section 2.2 (with the Optional Amount Threshold Price serving as the Threshold Price for such purposes), and C = the greater of (i) the VWAP for the Common Stock on the day the Investor delivers the Optional Amount Notice or (ii) the Optional Amount Threshold Price.
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Calculation of Optional Amount Shares. The number of shares of Common Stock to be issued in connection with the exercise of an Optional Amount shall be the quotient determined pursuant to the following equation (rounded to the nearest whole Share): O = A/(B x C), where: O = the number of shares of Common Stock to be issued in connection with such Optional Amount exercise, A = the Optional Amount Dollar Amount with respect to which the Investor has delivered an Optional Amount Notice, B = the applicable percentage determined in accordance with the price and shares amount parameters set forth in Section 2.2 (with the Optional Amount Threshold Price serving as the Threshold Price for such purposes)2.2, and C = the greater of (i) the VWAP for the Common Stock on the day the Investor delivers the Optional Amount Notice or (ii) the Optional Amount Threshold Price.
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Calculation of Optional Amount Shares. The number of shares of Common Stock to be issued in connection with the exercise of an Optional Amount shall be the quotient determined pursuant to the following equation (rounded to the nearest whole Share): O = A/(B x C), where: O = the number of shares of Common Stock to be issued in connection with such Optional Amount exercise, A = the Optional Amount Dollar Amount with respect to which the Investor has delivered an Optional Amount Notice, B = the applicable percentage determined in accordance with the price and shares amount parameters Market Capitalization thresholds set forth in Section 2.2 (with the Optional Amount Threshold Price serving as the Threshold Price for such purposes)2.7, and C = the greater of (i) the VWAP for the Common Stock on the day the Investor delivers the Optional Amount Notice or (ii) the Optional Amount Threshold Price.
Appears in 1 contract
Samples: Common Stock Purchase Agreement (Cv Therapeutics Inc)
Calculation of Optional Amount Shares. The number of shares of Common Stock to be issued in connection with the exercise of an Optional Amount shall be the quotient determined pursuant to the following equation (rounded down to the nearest whole Share): O = A/(B x C), where: O = the number of shares of Common Stock to be issued in connection with such Optional Amount exercise, A = the Optional Amount Dollar Amount with respect to which the Investor has delivered an Optional Amount Notice, B = the applicable percentage determined in accordance with the price and shares amount parameters set forth in Section 2.2 (with the Optional Amount Threshold Price serving as the Threshold Price for such purposes)2.2, and C = the greater of (i) the VWAP for the Common Stock on the day the Investor delivers the Optional Amount Notice or (ii) the Optional Amount Threshold Price.
Appears in 1 contract
Samples: Common Stock Purchase Agreement (Isis Pharmaceuticals Inc)
Calculation of Optional Amount Shares. The number of shares of Common Stock to be issued in connection with the exercise of an Optional Amount shall be the quotient determined pursuant to the following equation (rounded to the nearest whole Share): O = A/(B x C), where: O = the number of shares of Common Stock to be issued in connection with such Optional Amount exercise, A = the Optional Amount Dollar Amount with respect to which the Investor has delivered an Optional Amount Notice, B = the applicable percentage determined in accordance with the price and shares amount parameters set forth in Section 2.2 (with the Optional Amount Threshold Price serving as the Threshold Price for such purposes), and C = the greater of (i) the VWAP for the Common Stock on the day the Investor delivers the Optional Amount Notice or (ii) the Optional Amount Threshold Price.
Appears in 1 contract
Samples: Common Stock Purchase Agreement (Lexicon Genetics Inc/Tx)