Number of Shares to be Delivered Sample Clauses
Number of Shares to be Delivered. The issuance of the Shares to Holder shall be as evidence of the cancellation of the outstanding interest, as indicated above, due under the Convertible Promissory Note.
Number of Shares to be Delivered. If the Reference Price is greater than the High Call Strike Price, the difference between (A) the Number of Options less (B) the product of (x) the Number of Options times (y) the quotient of (i) the Reference Price minus the High Call Strike Price, divided by (ii) the Reference Price.
Number of Shares to be Delivered. In respect of any Exercise Date, a number of Shares equal to (x) the Option Cash Settlement Amount for such Exercise Date (determined as if Cash Settlement with the modifications provided for in this Confirmation were applicable to all of the Options) divided by (y) the VWAP Price for such Exercise Date multiplied by (z) 100% minus the Cash Settlement Percentage.
Number of Shares to be Delivered. The “Number of Shares to be Delivered” will be a number of Shares equal to the Delivery Amount.
Number of Shares to be Delivered. On the Settlement Date, Buyer shall pay to Seller an additional amount in the Settlement Currency equal to (i) the Number of Shares minus the number of Terminated Shares multiplied by (ii) the Initial Price (such additional amount, the “Additional Cash Payment”); and Seller shall deliver to Buyer a number of Shares equal to the Number of Shares minus the Terminated Shares; provided that, (i) if the Prepayment Amount minus the aggregate of all Early Termination Obligations (the “Remaining Prepayment Amount”) is less than the Additional Cash Payment, the Buyer will pay the difference to the Seller on the Settlement Date but (ii) if the Remaining Prepayment Amount is greater than the Additional Cash Payment, the Seller will pay the difference to the Buyer on the Settlement Date. Method of Adjustment: Calculation Agent Adjustment. Consequences of Merger Events: Share-for-Share: Calculation Agent Adjustment. Share-for-Other: Cancellation and Payment. Share-for-Combined: Component Adjustment. Tender Offer: Applicable; provided, however, that (x) the definition of “Tender Offer” in Section 12.1 of the Equity Definitions will be amended by replacing “10%” with “20%” and (y) Section 12.1(d) of the Equity Definitions is hereby amended by adding “, or of the outstanding Shares,” before “of the Issuer” in the fourth line thereof. Sections 12.1(e) and 12.1(l)(ii) of the Equity Definitions are hereby amended by adding “or Shares, as applicable,” after “voting Shares”. Consequences of Tender Offers: Share-for-Share: Calculation Agent Adjustment. Share-for-Other: Calculation Agent Adjustment. Share-for-Combined: Calculation Agent Adjustment. Composition of Combined Consideration: Not Applicable. Nationalization, Insolvency or Delisting: Cancellation and Payment (Calculation Agent Determination); provided that in addition to the provisions of Section 12.6(a)(iii) of the Equity Definitions, it shall also constitute a Delisting if the Exchange is located in the United States and the Shares are not immediately re-listed, re-traded or re-quoted on any of the New York Stock Exchange, the Nasdaq Global Select Market, Nasdaq Capital Market or the Nasdaq Global Market (or their respective successors) or such other exchange or quotation system which, in the determination of the Calculation Agent, has liquidity comparable to the aforementioned exchanges; if the Shares are immediately re-listed, re-traded or re-quoted on any such exchange or quotation system, such exchange or quotati...
Number of Shares to be Delivered. The issuance of the Shares to Holder shall be as evidence of the cancellation of the outstanding interest, as indicated above, due under the Convertible Promissory Note. a Delaware corporation By: Name: L▇▇▇ R▇▇▇▇ Its: Chief Financial Officer Warrant Shares: R-1 Initial Issuance Date: March __, 2020 THIS SERIES-R COMMON STOCK PURCHASE WARRANT (the “Warrant”) certifies that, for value received, [___________] (the “Holder”) is entitled, upon the terms and subject to the limitations on exercise and the conditions hereinafter set forth, at any time on or after the date hereof (the “Initial Exercise Date”) and on or prior to the close of business on the four (4)-year anniversary of the Initial Exercise Date (the “Termination Date”) but not thereafter, to subscribe for and purchase from Barfresh Food Group Inc., a Delaware corporation (the “Company”), up to [___________] shares (the “Warrant Shares”) of Common Stock of the Company. The purchase price of one (1) Warrant Share under this Warrant shall be equal to the Exercise Price, as defined in Section 2(b).
Number of Shares to be Delivered. (i) if the Settlement Price is less than or equal to the Forward Floor Price, the Number of Shares allocable to each Valuation Date;
Number of Shares to be Delivered. In respect of each Exercise Date, a number of Shares equal to (x) the Number of Options to be Exercised or the Number of Options to be Early Settled (as the case may be) on such Exercise Date multiplied by (y) the Option Entitlement.
Number of Shares to be Delivered. If Net Share Settlement applies, a number of Shares equal to (x) the Option Cash Settlement Amount for the Exercise Date (determined as if Cash Settlement were applicable) divided by (y)
Number of Shares to be Delivered. Notwithstanding Section 6.3 of the 1996 Definitions, the "Number of Shares to be Delivered" for the Settlement Date will be a number of Shares equal to the Delivery Amount for the Pricing Date, with such sum being rounded down to the nearest whole share.