Greenshoe. (a) From the date hereof until the 24-month anniversary of the Closing Date, each Purchaser may, in its sole determination, elect to purchase, severally and not jointly with the other Purchasers and, subject to the proviso below, in one or more purchases, in the ratio of such Purchaser’s original Subscription Amount to the original aggregate Subscription Amount of all Purchasers, additional Preferred Stocks with an aggregate subscription amount thereof equal to 100% of such Purchaser’s Subscription Amount, in accordance with the calculations in Section 2.2 (such securities, the “Greenshoe Securities” and such right to receive the Greenshoe Securities pursuant to this Section 4.18, the “Greenshoe Rights”).
Greenshoe. (a) From the Authorized Share Approval Date until the one year anniversary of the Authorized Share Approval Date, each Purchaser may, in its sole determination, elect to purchase, severally and not jointly with the other Purchasers and, subject to the proviso below, in one or more purchases, in the ratio of such Purchaser’s original Subscription Amount to the original aggregate Subscription Amount of all Purchasers, additional shares of Preferred Stock and Warrants with an aggregate subscription amount thereof of up to $500,000 (such securities, the “Greenshoe Securities” and such right to receive the Greenshoe Securities pursuant to this Section 4.20, the “Greenshoe Rights”). The Greenshoe Securities shall be identical to the Securities, and shall have a conversion price and exercise price, as applicable, equal to (i) the then-effective conversion price of the Preferred Stock and exercise price of the Warrants, or (ii) if the Preferred Stock and/or Warrants are no longer outstanding, the most recent conversion price and exercise price of the Preferred Stock and/or Warrants, as applicable.
Greenshoe. The Underwriter shall be entitled, but not obligated, to sell, as the Company's Underwriter, on a best efforts basis, the number of shares of Common Stock equal to (A) the quotient of (x) the difference between the Maximum Draw Down Amount and (y) the Minimum Draw Down Amount divided by (B) the Underwriting Price. PROVISIONAL PATENT APPLICATION HAS BEEN FILED
Greenshoe. (a) From the date hereof until the twelve month anniversary of the Closing Date, each Purchaser may, in its sole determination, elect to purchase, severally and not jointly with the other Purchasers and, subject to the proviso below, in one or more purchases, additional debentures and warrants in accordance with the calculations in Section 2.2 having an aggregate subscription amount for each Purchaser equal to 50% of such Purchaser’s Subscription Amount hereunder (such securities, the “Greenshoe Securities” and such right to receive the Greenshoe Securities pursuant to this Section 4.18, the “Greenshoe Rights”). The Greenshoe Securities shall, except as set forth in this Section 4.18, be identical to the Securities. The debenture included in the Greenshoe Securities shall have an initial conversion price equal to the lesser of (i) $0.35 (subject to adjustment for forward and reverse stock splits and the like that occur after the date hereof) or (ii) the then effective Conversion Price of the Debentures issued hereunder multiplied by 1.4. The warrants included in the Greenshoe Securities shall have an initial exercise price equal to the lesser of (i) $.040 (subject to adjustment for forward and reverse stock splits and the like that occur after the date hereof) or (ii) the then effective exercise price of the Warrants issued hereunder multiplied by 1.45.
Greenshoe. (a) From the date hereof until one year after the Closing Date, each Purchaser may, in its sole determination, elect to purchase, severally and not jointly with the other Purchasers and, subject to the proviso below, in one or more purchases, in the ratio of such Purchaser’s original Subscription Amount to the original aggregate Subscription Amount of all Purchasers, additional shares of Preferred Stock with an aggregate subscription amount thereof of up to $2,750,000 and Warrants (such securities, the “Greenshoe Securities” and such right to receive the Greenshoe Securities pursuant to this Section 4.16, the “Greenshoe Rights”). The Greenshoe Securities shall be identical to the Securities.
Greenshoe. (a) From the Closing Date until the 12-month anniversary of the Closing Date, the Purchaser may, in its sole determination, elect to purchase, subject to the proviso below, in one or more purchases, additional Preferred Shares with an aggregate subscription amount thereof equal to up to 100% of the Purchaser’s Subscription Amount, at the Per Preferred Share Purchase Price (such securities, the “Greenshoe Securities” and such right to receive the Greenshoe Securities pursuant to this Section 4.20, the “Greenshoe Rights”). The Company shall take all actions required to close the transactions related to the Greenshoe Rights (including without limitations, provide the Purchaser with the deliverables prescribed below), within 5 Trading Days of a duly delivered exercise notice by the Purchaser electing to exercise its Greenshoe Rights. The closing of all transactions contemplated under the Greenshoe Rights shall be hereinafter referred to as the “Greenshoe Closing,” and such date shall be hereinafter referred to as the “Greenshoe Closing Date.”
Greenshoe. Borrower may, on two occasions prior to the Revolving Loan Commitment Termination Date, at the Borrower's and Lead Arranger's mutual discretion, increase the then effective aggregate principal amount of the Revolving Loan Commitments and/or increase the Term Loan Commitments; provided that (A) the aggregate principal amount of the increase in the Revolving Loan Commitment or the Term Loan Commitments pursuant to this subsection 2.1A(ii) shall not exceed $100,000,000, (B) Borrower shall execute and deliver such documents and instruments and take such other actions as may be reasonably requested by Administrative Agent in connection with such increase, (C) at the time of any such proposed increase, no Potential Event of Default or Event of Default shall have occurred and be continuing or would occur after giving effect to such increase, (D) the Term Loans rank pari passu with the Revolving Loans, (E) the maturity date of such Term Loans is no earlier than the Revolving Loan Commitment Termination Date and (F) the scheduled amortization of the Term Loans shall be no more than 1.00% of the original principal amount of the Term Loans per annum until maturity. Any request under this subsection 2.1A(ii) shall be submitted by Borrower to Administrative Agent, specify the proposed effective date and amount of such increase and be accompanied by an Officer's Certificate certifying that no Event of Default or Potential Event of Default exists or will occur as a result of such increase. Borrower may also specify any fees offered to those Increasing Lenders that agree to increase the principal amount of their applicable Revolving Loan Commitment or Term Loan Commitment, as the case may be, which fees may be variable based upon the amount by which any such Lender is willing to increase the principal amount of its applicable Revolving Loan Commitment or Term Loan Commitment, as the case may be. No Lender shall have any obligation, express or implied, to offer to increase the aggregate principal amount of its applicable Revolving Loan Commitment or Term Loan Commitment, as the case may be. Only the consent of each Increasing Lender shall be required for an increase in the aggregate principal amount of the applicable Revolving Loan Commitment or Term Loan Commitment, as the case may be, pursuant to this subsection 2.1A(ii). No Lender that declines to increase the principal amount of its Revolving Loan Commitment or Term Loan Commitment, as the case may be, may be replaced ...
Greenshoe. Up to 15% of the issue exercisable for five business days after the closing.
Greenshoe. (a) From the date hereof until the 90 day anniversary of the Closing Date, each Purchaser may, in its sole determination, elect to purchase, severally and not jointly with the other Purchasers and, subject to the proviso below, in one or more purchases, additional debentures in accordance with the calculations in Section 2.2 having an aggregate subscription amount for each Purchaser equal to 100% of such Purchaser’s Subscription Amount hereunder (such securities, the “Greenshoe Securities” and such right to receive the Greenshoe Securities pursuant to this Section 4.18, the “Greenshoe Rights”). The Greenshoe Securities shall, except as set forth in this Section 4.18, be identical to the Securities. The debenture included in the Greenshoe Securities shall have an initial conversion price equal to the lesser of (i) $0.10 (subject to adjustment for forward and reverse stock splits and the like that occur after the date hereof) or (ii) the then effective Conversion Price of the Debentures issued hereunder.
Greenshoe. (a) From the date hereof until one year after the Closing Date, each Purchaser may, in its sole determination, elect to purchase, severally and not jointly with the other Purchasers and, subject to the proviso below, in one or more purchases, in the ratio of such Purchaser’s original Subscription Amount to the original aggregate Subscription Amount of all Purchasers, additional Debentures and Warrants with an aggregate subscription amount thereof of up to $500,000 (such securities, the “Greenshoe Securities” and such right to receive the Greenshoe Securities pursuant to this Section 4.20, the “Greenshoe Rights”). The Greenshoe Securities shall be identical to the Securities, and shall have a conversion price and exercise price, as applicable, equal to (i) the then-effective conversion price of the Debentures and exercise price of the Warrants, or (ii) if the Debentures and/or Warrants are no longer outstanding, the most recent conversion price and exercise price of the Debentures and/or Warrants, as applicable.
