Exchange Number. If the Company is permitted to honor an Exchange by issuing shares of Common Stock in respect thereof, then the number of shares of Common Stock issuable in respect of such Exchange shall be determined by dividing (x) the Exchange Amount (as defined below) in respect of such Exchange by (y) the Exchange Price (as defined below) in respect of such Exchange (such number of shares of Common Stock so issuable being the “Exchange Number”).
Appears in 5 contracts
Samples: Warrant to Purchase Common Stock (Freeseas Inc.), Warrant to Purchase Common Stock (Elephant Talk Communications Corp), Securities Purchase Agreement (Unilife Corp)
