Net Issue Exercise. In lieu of exercising this Warrant, the Holder may elect to receive Shares equal to the value of this Warrant (or the portion thereof being canceled) by surrender of this Warrant at the principal office of the Company together with notice of such election, in which event the Company shall issue to the Holder a number of Warrant Shares computed using the following formula: Where: X = the number of Shares to be issued to the Holder. Y = the number of the Shares being exercised on the date of determination. A = the fair market value of one Share on the date of determination. B = the per share Exercise Price (as adjusted to the date of such calculation).
Appears in 5 contracts
Samples: Service Agreement (Slinger Bag Inc.), Service Agreement (Slinger Bag Inc.), Loan Agreement (Slinger Bag Inc.)
Net Issue Exercise. In lieu of exercising this Warrant, the Holder may elect to receive Shares equal to the value of this Warrant (or the portion thereof being canceled) by surrender of this Warrant at the principal office of the Company together with notice of such election, in which event the Company shall issue to the Holder a number of Warrant Shares computed using the following formula: Where: X = Y (A-B) ------- A Where X = the number of the Shares to be issued to the Holder. Y = the number of the Shares being exercised on the date of determination.
purchasable under this Warrant. A = the fair market value of one Share on the date of determination.
. B = the per share Exercise Price (as adjusted to the date of such calculation).
Appears in 3 contracts
Samples: Employment Agreement (Eco2 Plastics Inc), Warrant Agreement (Itec Environmental Group Inc), Mutual Settlement and Release Agreement (Itec Environmental Group Inc)
Net Issue Exercise. In lieu of exercising this Warrant, the Holder may elect to receive Warrant Shares equal to the value of this Warrant (or the portion thereof being canceled) by surrender of this Warrant at the principal office of the Company together with notice of such election, in which event the Company shall issue to the Holder a number of Warrant Shares computed using the following formula: Where: X = the number of the Warrant Shares to be issued to the Holder. Y = the number of the Warrant Shares being exercised on the date of determination.
purchasable under this Warrant. A = the fair market value of one Share on the date of determination.
B = the per share Exercise Price (as adjusted to the date of such calculation).
Appears in 3 contracts
Samples: Warrant Agreement (Standard Premium Finance Holdings, Inc.), Common Stock Purchase Warrant (Standard Premium Finance Holdings, Inc.), Common Stock Purchase Warrant (Standard Premium Finance Holdings, Inc.)
Net Issue Exercise. In lieu of exercising this Warrant, the Holder may elect to receive Shares equal to the value of this Warrant (or the portion thereof being canceled) by surrender of this Warrant at the principal office of the Company together with notice of such election, in which event the Company shall issue to the Holder a number of Warrant Shares computed using the following formula: Where: X = the number of the Shares to be issued to the Holder. Y = the number of the Shares being exercised on the date of determination.
purchasable under this Warrant. A = the fair market value of one Share on the date of determination.
. B = the per share Exercise Price (as adjusted to the date of such calculation).
Appears in 2 contracts
Samples: Warrant Agreement (Archer Aviation Inc.), Warrant Agreement (Atlas Crest Investment Corp.)
Net Issue Exercise. In lieu of exercising this Warrant, the Holder may elect to receive Shares equal to the value of this Warrant (or the portion thereof being canceled) by surrender of this Warrant at the principal office of the Company together with notice of such election, in which event the Company shall issue to the Holder a number of Warrant Shares computed using the following formula: Where: Where X = the number of the Shares to be issued to the Holder. Y = the number of the Shares being exercised on the date of determination.
purchasable under this Warrant. A = the fair market value of one Share on the date of determination.
B = the per share Exercise Price (as adjusted to the date of such calculation).
Appears in 2 contracts
Samples: Common Stock Purchase Warrant (Itec Environmental Group Inc), Common Stock Purchase Warrant (Itec Environmental Group Inc)
Net Issue Exercise. In lieu of exercising this Warrant, the Holder may elect to receive Shares equal to the value of this Warrant (or the portion thereof being canceled) by surrender of this Warrant at the principal office of the Company together with notice of such election, in which event the Company shall issue to the Holder a number of Warrant Shares computed using the following formula: Where: X = the number of Shares to be issued to the Holder. Y = the number of the Shares being exercised on the date of determination.
. A = the fair market value of one Share on the date of determination.
. B = the per share Exercise Price (as adjusted to the date of such calculation).
Appears in 2 contracts
Samples: Consulting Agreement (Slinger Bag Inc.), Service Agreement (Slinger Bag Inc.)
Net Issue Exercise. In lieu of exercising this Warrant, the Holder may elect to receive Shares equal to the value of this Warrant (or the portion thereof being canceled) by surrender of this Warrant at the principal office of the Company together with notice of such election, in which event the Company shall issue to the Holder a number of Warrant Shares computed using the following formula: Where: X = Y (A-B) Where X = the number of the Shares to be issued to the Holder. Y = the number of the Shares being exercised on the date of determination.
purchasable under this Warrant. A = the fair market value of one Share on the date of determination.
. B = the per share Exercise Price (as adjusted to the date of such calculation).
Appears in 1 contract
Net Issue Exercise. In lieu of exercising this WarrantOption, the ------------------ Holder may elect to receive Shares equal to the value of this Warrant Option (or the portion thereof being canceled) by surrender of this Warrant Option at the principal office of the Company together with notice of such election, in which event the Company shall issue to the Holder a number of Warrant Shares computed using the following formula: Where: X = Y (A-B) ------- A Where X = the number of the Shares to be issued to the Holder. Y = the number of the Shares being exercised on the date of determination.
purchasable under this Option. A = the fair market value of one Share on the date of determination.
. B = the per share Exercise Price (as adjusted to the date of such calculation).
Appears in 1 contract
Net Issue Exercise. In lieu of exercising this Warrant, the Holder may elect to receive Warrant Shares equal to the value of this Warrant (or the portion thereof being canceled) by surrender of this Warrant at the principal office of the Company together with notice of such election, in which event the Company shall issue to the Holder a number of Warrant Shares computed using the following formula: Where: X = the number of the Warrant Shares to be issued to the Holder. Y = the number of the Warrant Shares being exercised on the date of determinationpurchasable under this Warrant.
A = the fair market value of one Warrant Share on the date of determination.
. B = the per share Exercise Price (as adjusted to the date of such calculation).
Appears in 1 contract
Samples: Common Stock Purchase Warrant (Nestbuilder.com Corp.)
Net Issue Exercise. In lieu of exercising this Warrant, the Holder may elect to receive Shares equal to the value of this Warrant (or the portion thereof being canceled) by surrender of this Warrant at the principal office of the Company together with notice of such election, in which event the Company shall issue to the Holder a number of Warrant Shares computed using the following formula: X = Y (A-B) Where: X = the number of Shares to be issued to the Holder. Y = the number of the Shares being exercised on the date of determination.
A = the fair market value of one Share on the date of determination.
. B = the per share Exercise Price (as adjusted to the date of such calculation).
Appears in 1 contract
Samples: Loan Agreement (Slinger Bag Inc.)
Net Issue Exercise. In lieu of exercising this Warrant, the Holder may elect to receive Shares equal to the value of this Warrant (or the portion thereof being canceled) by surrender of this Warrant at the principal office of the Company together with notice of such election, in which event the Company shall issue to the Holder a number of Warrant Shares computed using the following formula: Where: Where X = the number of the Shares to be issued to the Holder. Y = the number of the Shares being exercised on the date of determination.
purchasable under this Warrant. A = the fair market value of one Share on the date of determination.
. B = the per share Exercise Price (as adjusted to the date of such calculation).
Appears in 1 contract
Samples: Common Stock Purchase Warrant (Itec Environmental Group Inc)
Net Issue Exercise. In lieu of exercising this Warrant, the Holder may elect to receive Warrant Shares equal to the value of this Warrant (or the portion thereof being canceled) by surrender of this Warrant at the principal office of the Company together with notice of such election, in which event the Company shall issue to the Holder a number of Warrant Shares computed using the following formula: Where: X = the number of the Warrant Shares to be issued to the Holder. Y = the number of the Warrant Shares being exercised on the date of determination.
purchasable under this Warrant. A = the fair market value of one Share on the date of determination.
. B = the per share Exercise Price (as adjusted to the date of such calculation).
Appears in 1 contract
Samples: Common Stock Purchase Warrant (Smart for Life, Inc.)
Net Issue Exercise. In lieu of exercising this Warrant, the Holder may elect to receive Shares equal to the value of this Warrant (or the portion thereof being canceled) by surrender of this Warrant at the principal office of the Company together with notice of such election, in which event the Company shall issue to the Holder a number of Warrant Shares computed using the following formula: Where: X = the number of the Shares to be issued to the Holder. Y = the number of the Shares being exercised on the date of determination.
exercisable under this Warrant. A = the fair market value of one Share on the date of determination.
determination B = the per share Exercise Price (as adjusted to the date of such calculation).
Appears in 1 contract
Net Issue Exercise. In lieu of exercising this Warrant, the Holder may elect to receive Shares equal to the value of this Warrant (or the portion thereof being canceled) by surrender of this Warrant at the principal office of the Company together with notice of such election, in which event the Company shall issue to the Holder a number of Warrant Shares computed using the following formula: Y (A-B) Where: X = the number of the Shares to be issued to the Holder. Y = the number of the Shares being exercised on the date of determination.
purchasable under this Warrant. A = the fair market value of one Share on the date of determination.
. B = the per share Exercise Price (as adjusted to the date of such calculation).
Appears in 1 contract
