Exercise Price of the Option Sample Clauses

Exercise Price of the Option. The exercise price for the Option Shares is $2.29 per share, the closing price of the Common Stock on the NASDAQ National Market on the Grant Date as reported by Nasdaq National Market System (the "Exercise Price").
Sample 1Sample 2See All (7)
AutoNDA by SimpleDocs
Exercise Price of the Option. 7 The total exercise price/purchase price of the Optioned Interests shall be RMB ten (10) (the “Base Exercise Price”). 8 If the equity interests are required to be evaluated by the PRC laws at the time of Party A’s exercise of the Option, the Parties shall otherwise negotiate in good faith and make necessary adjustments to the Base Exercise Price (collectively, the “Exercise Price”) on the basis of such evaluation to comply with the requirements of any PRC laws then applicable.
Sample 1Sample 2
Exercise Price of the Option. The exercise price for the Option Units per Class A Unit (the “Exercise Price”) will be equal to $[___________], which is equal to the Liquidation FMV, as defined below, of a Class A Unit on the Grant Date.
Sample 1
Exercise Price of the Option. The exercise price ("Exercise Price") of the Option shall be FOUR MILLION ONE HUNDRED AND FIFTY SEVEN THOUSAND FIVEHUNDRED and FOUR DOLLARS ($4,157,504.00) payable on the Closing Date as follows: (i) By delivering to LIM The sum of ONE HUNDRED FIFTY NINETHOUSAND NINE HUNDRED AND FOUR ($159,904.00) Dollars; and (ii) By delivering to LIM (i) a duly executed note ("Note") in the amount of THREE MILLION NINE HUNDRED AND NINETY SEVEN THOUSAND SIX HUNDRED ($3,997,600) Dollars, a copy of which is attached as Exhibit A, hereto; and (ii) a duly executed security agreement ("Security Agreement"), a copy of which is attached as Exhibit B, hereto, securing the obligations under the Note.
Sample 1
Exercise Price of the Option. The price at which Chief may exercise the Option as set forth at Section 18.21(a) of the Operating Agreement, as contained in the Third Amendment dated October 1, 1998 to the Operating Agreement, is hereby increased from Two Million ($2,000,000 U.S.) Dollars to Three Million ($3,000,000 U.S.) Dollars.
Sample 1
Exercise Price of the Option. The Company has the right to acquire the Shares in round lots of 1,000 Shares for an exercise price per round lot of one (1) share of Common Stock. The option must be exercised for round lots of 1,000 of the Shares, and after exercise of all the round lots of the Shares available to be acquired, if there remains an amount of Shares held by the Selling Shareholders that is less than 1,000, then the Company may acquire the remaining number of Shares for one (1) share of Common Stock. The Company shall only issue a full share of Common Stock, and if a fractional share of Common Stock is due to be issued, the Company will round up to the next whole share of Common Stock.
Sample 1
Exercise Price of the Option. The exercise price of the Option is as follows: 7.1 Assumption of the Rehabilitation loan. 7.2 Assumption of the Royalty Obligation. 7.3 $1,725,000. 7.4 1,000,000 shares of Common Stock of Sooner.
Sample 1
AutoNDA by SimpleDocs

Related to Exercise Price of the Option

  • Exercise Price The exercise price per share of Common Stock under this Warrant shall be $_____, subject to adjustment hereunder (the “Exercise Price”).

  • Option Price The Option price is $_______ for each Share, being 100% of the fair market value, as determined by the Committee, of the Common Stock on the date of grant of this Option.

  • Option Exercise Price The per share price to be paid by Optionee in the event of an exercise of the Option will be $ .

  • Payment of Exercise Price In the event that the holder has elected a Cash Exercise with respect to some or all of the Warrant Shares to be issued pursuant hereto, the holder shall pay the Aggregate Exercise Price in the sum of $___________________ to the Company in accordance with the terms of the Warrant.

  • Warrant Exercise Price 1.1 Each Warrant shall entitle the Warrant Holder the right to purchase one share of Common Stock of the Company (individually, a "Warrant Share" severally, the "Warrant Shares"). 1.2 The purchase price payable upon exercise of each Warrant ("Exercise Price") shall be $.

  • Adjustment of Exercise Price and Number of Shares The number of and kind of securities purchasable upon exercise of this Warrant and the Exercise Price shall be subject to adjustment from time to time as follows:

  • Adjustment of Exercise Price (a) The Exercise Price and the number of shares deliverable upon the exercise of the Warrants will be subject to adjustment in the event and in the manner following: (i) If and whenever the shares at any time outstanding are subdivided into a greater or consolidated into a lesser number of shares the Exercise Price will be decreased or increased proportionately as the case may be; upon any such subdivision or consolidation the number of shares deliverable upon the exercise of the Warrants will be increased or decreased proportionately as the case may be. (ii) In case of any capital reorganization or of any reclassification of the capital of the Company or in the case of the consolidation, merger or amalgamation of the Company with or into any other Company (hereinafter collectively referred to as a “Reorganization”), each Warrant will after such Reorganization confer the right to purchase the number of shares or other securities of the Company (or of the Company’s resulting from such Reorganization) which the Warrant Holder would have been entitled to upon Reorganization if the Warrant Holder had been a shareholder at the time of such Reorganization. In any such case, if necessary, appropriate adjustments will be made in the application of the provisions of this Article Four relating to the rights and interest thereafter of the Holders of the Warrants so that the provisions of this Article Four will be made applicable as nearly as reasonably possible to any shares or other securities deliverable after the Reorganization on the exercise of the Warrants. The subdivision or consolidation of shares at any time outstanding into a greater or lesser number of shares (whether with or without par value) will not be deemed to be a Reorganization for the purposes of this clause 4.8(a)(ii). (b) The adjustments provided for in this Section 4.8 are cumulative and will become effective immediately after the record date or, if no record date is fixed, the effective date of the event which results in such adjustments.

  • Adjustments of Exercise Price and Number of Warrant Shares The number and kind of securities purchasable upon the exercise of this Warrant and the Exercise Price shall be subject to adjustment from time to time upon the happening of any of the following. In case the Company shall (i) pay a dividend in shares of Common Stock or make a distribution in shares of Common Stock to holders of its outstanding Common Stock, (ii) subdivide its outstanding shares of Common Stock into a greater number of shares, (iii) combine its outstanding shares of Common Stock into a smaller number of shares of Common Stock, or (iv) issue any shares of its capital stock in a reclassification of the Common Stock, then the number of Warrant Shares purchasable upon exercise of this Warrant immediately prior thereto shall be adjusted so that the Holder shall be entitled to receive the kind and number of Warrant Shares or other securities of the Company which it would have owned or have been entitled to receive had such Warrant been exercised in advance thereof. Upon each such adjustment of the kind and number of Warrant Shares or other securities of the Company which are purchasable hereunder, the Holder shall thereafter be entitled to purchase the number of Warrant Shares or other securities resulting from such adjustment at an Exercise Price per Warrant Share or other security obtained by multiplying the Exercise Price in effect immediately prior to such adjustment by the number of Warrant Shares purchasable pursuant hereto immediately prior to such adjustment and dividing by the number of Warrant Shares or other securities of the Company resulting from such adjustment. An adjustment made pursuant to this paragraph shall become effective immediately after the effective date of such event retroactive to the record date, if any, for such event.

  • Exercise Price Adjusted As used in this Warrant, the term "Exercise Price" shall mean the purchase price per share specified in Section 3 of this Warrant, until the occurrence of an event stated in subsection (a), (b) or (c) of this Section 5, and thereafter shall mean said price as adjusted from time to time in accordance with the provisions of said subsection. No such adjustment under this Section 5 shall be made unless such adjustment would change the Exercise Price at the time by $.01 or more; provided, however, that all adjustments not so made shall be deferred and made when the aggregate thereof would change the Exercise Price at the time by $.01 or more. No adjustment made pursuant to any provision of this Section 5 shall have the net effect of increasing the Exercise Price in relation to the split adjusted and distribution adjusted price of the Common Stock. The number of shares of Common Stock subject hereto shall increase proportionately with each decrease in the Exercise Price.

  • ADJUSTMENT OF EXERCISE PRICE AND NUMBER OF WARRANT SHARES The Exercise Price and the number of Warrant Shares shall be adjusted from time to time as follows:

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!