Warrant Share Number Sample Clauses

Warrant Share Number. This Warrant shall be exercisable for a number of shares of Warrant Stock (the “Warrant Share Number”) equal to a fraction, the numerator of which is the product of the original principal amount of such Note (the “Principal Amount”) times twenty-five hundredths (0.25) and the denominator of which is the Exercise Price described in Section 1(c) below, such Warrant Share Number to be rounded to the nearest whole number.
Sample 1Sample 2
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Warrant Share Number. This Warrant shall be exercisable for a number of shares of Warrant Stock (the "Warrant Share Number") as follows: (i) If the Warrant Stock is Next Round Preferred Stock, the Warrant Share Number shall equal 35% of the original principal amount of the Note (the "Principal Amount") divided by the Exercise Price described in Section 1(c)(i) below, such Warrant Share number to be rounded to the nearest whole number. (ii) If the Warrant Stock is Common Stock, the Warrant Share Number shall equal 35% of the Principal Amount divided by the Public Offering Price (or such other Exercise Price) described in Section 1(c)(ii) below, such Warrant Share Number to be rounded to the nearest whole number.
Sample 1Sample 2
Warrant Share Number. The Warrant Share Number shall initially be one, subject to adjustment as provided in this Agreement.
Sample 1Sample 2
Warrant Share Number. This Warrant shall be exercisable for a number of shares of Warrant Stock (the "Warrant Share Number") as follows: (i) If the Warrant Stock is Next Round Preferred Stock, the Warrant Share Number shall equal 50% of the greatest principal amount that has at any time been outstanding under the Note (the "Greatest Outstanding Amount") divided by the Exercise Price described in Section 1(c)(i) below, such Warrant Share Number to be rounded to the nearest whole number. (ii) If the Warrant Stock is Optional Conversion Preferred Stock, the Warrant Share Number shall equal 50% of the Greatest Outstanding Amount divided by the Exercise Price described in Section 1(c)(ii) below, such Warrant Share Number to be rounded to the nearest whole number. (iii) Subject to Sections 1(b)(iv) and 1(b)(v) below, if the Warrant Stock is Common Stock, the Warrant Share Number shall equal 50% of the Greatest Outstanding Amount divided by the Exercise Price described in Section 1(c)(iii) below, as applicable, such Warrant Share Number to be rounded to the nearest whole number. (iv) During the IPO Period, if the Warrant Stock is Common Stock, the Warrant Share Number shall equal 50% of the Greatest Outstanding Amount divided by the Exercise Price described in Section 1(c)(iv) below, such Warrant Share Number to be rounded to the nearest whole number. (v) Immediately prior to the Effective Time of the Merger, the Warrant Share Number shall equal 50% of the Greatest Outstanding Amount divided by the Exercise Price described in Section 1(c)(iv) below, such Warrant Share Number to be rounded to the nearest whole number.
Sample 1
Warrant Share Number. This warrant shall be exercisable at a rate equal to (i) X1 shares of Series 1 Non-Convertible Preferred Stock or (ii) if a milestone payment of at least $40 million under the Company’s Collaborative Development and License Agreement with Xxxxxx Laboratories is not received by the Company on or before March 31, 2011, 2X shares of Series 1 Non-Convertible Preferred Stock.
Sample 1
Warrant Share Number. This Warrant shall be exercisable for a number of shares of Warrant Stock equal to the Warrant Share Number at the Exercise Price at any time and from time to time from the Commencement Date until the earlier of (i) the consummation of a Termination Event and (ii) the ten (10) year anniversary of the date hereof.
Sample 1
Warrant Share Number. This Warrant shall be exercisable for a number of shares of Warrant Stock (the "Warrant Share Number") as follows: (i) If the Warrant Stock is Next Round Preferred Stock, the Warrant Share Number shall equal 35% of the original principal amount of the Note (the "Principal Amount") divided by the Exercise Price described in Section 1(c)(i) below, such Warrant Share number to be rounded to the nearest whole number. (ii) If the Warrant Stock is Common Stock, the Warrant Share Number shall equal 35% of the Principal Amount divided by the Public Offering Price described in Section 1(c)(ii) below, such Warrant Share Number to be rounded to the nearest whole number.
Sample 1
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Related to Warrant Share Number

  • Adjustment of Warrant Price and Warrant Share Number The number of shares of Common Stock for which this Warrant is exercisable, and the price at which such shares may be purchased upon exercise of this Warrant, shall be subject to adjustment from time to time as set forth in this Section 4. The Issuer shall give the Holder notice of any event described below which requires an adjustment pursuant to this Section 4 in accordance with Section 5. (a) Recapitalization, Reorganization, Reclassification,

  • Adjustment of Number of Warrant Shares Issuable Upon Exercise of a Warrant and Adjustment of Exercise Price.

  • Adjustment of Number of Warrant Shares and Exercise Price The number and kind of Warrant Shares 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 and Number of Warrant Shares Issuable The Exercise Price and the number of Warrant Shares issuable upon the exercise of each Warrant are subject to adjustment from time to time upon the occurrence of the events enumerated in this Section 10. For purposes of this Section 10, "Common Stock" means shares now or hereafter authorized of any class of common stock of the Company and any other stock of the Company, however designated, that has the right (subject to any prior rights of any class or series of preferred stock) to participate in any distribution of the assets or earnings of the Company without limit as to per share amount.

  • Warrant Shares If all or any portion of a Warrant is exercised at a time when there is an effective registration statement to cover the issuance or resale of the Warrant Shares or if the Warrant is exercised via cashless exercise, the Warrant Shares issued pursuant to any such exercise shall be issued free of all legends. If at any time following the date hereof the Registration Statement (or any subsequent registration statement registering the sale or resale of the Warrant Shares) is not effective or is not otherwise available for the sale or resale of the Warrant Shares, the Company shall immediately notify the holders of the Warrants in writing that such registration statement is not then effective and thereafter shall promptly notify such holders when the registration statement is effective again and available for the sale or resale of the Warrant Shares (it being understood and agreed that the foregoing shall not limit the ability of the Company to issue, or any Purchaser to sell, any of the Warrant Shares in compliance with applicable federal and state securities laws). The Company shall use best efforts to keep a registration statement (including the Registration Statement) registering the issuance or resale of the Warrant Shares effective during the term of the Warrants.

  • Adjustment in Number of Warrant Shares When any adjustment is required to be made in the Purchase Price pursuant to subsections 2(a) or 2(b), the number of Warrant Shares purchasable upon the exercise of this Warrant shall be changed to the number determined by dividing (i) an amount equal to the number of shares issuable upon the exercise of this Warrant immediately prior to such adjustment, multiplied by the Purchase Price in effect immediately prior to such adjustment, by (ii) the Purchase Price in effect immediately after such adjustment.

  • 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:

  • Number of Warrant Shares Simultaneously with any adjustment to the Exercise Price pursuant to this Section 9, the number of Warrant Shares that may be purchased upon exercise of this Warrant shall be increased or decreased proportionately, so that after such adjustment the aggregate Exercise Price payable hereunder for the adjusted number of Warrant Shares shall be the same as the aggregate Exercise Price in effect immediately prior to such adjustment.

  • Warrant Price During the period specified in Section 2.2, each Warrant shall, subject to the terms of this Warrant Agreement and the applicable Warrant Certificate, entitle the holder thereof to purchase the number of Warrant Securities specified in the applicable Warrant Certificate at an exercise price of $ per Warrant Security, subject to adjustment upon the occurrence of certain events, as hereinafter provided. Such purchase price per Warrant Security is referred to in this Agreement as the “Warrant Price.”

  • Adjustment of Exercise Price, Number of Shares of Common Stock or Number of the Company Warrants The Exercise Price, the number of shares covered by each Warrant and the number of Warrants outstanding are subject to adjustment from time to time as provided in Section 3 of the Warrant Certificate. In the event that at any time, as a result of an adjustment made pursuant to Section 3 of the Warrant Certificate, the Holder of any Warrant thereafter exercised shall become entitled to receive any shares of capital stock of the Company other than shares of Common Stock, thereafter the number of such other shares so receivable upon exercise of any Warrant shall be subject to adjustment from time to time in a manner and on terms as nearly equivalent as practicable to the provisions with respect to the shares contained in Section 3 of the Warrant Certificate and the provisions of Sections 7, 11 and 12 of this Agreement with respect to the shares of Common Stock shall apply on like terms to any such other shares. All Warrants originally issued by the Company subsequent to any adjustment made to the Exercise Price pursuant to the Warrant Certificate shall evidence the right to purchase, at the adjusted Exercise Price, the number of shares of Common Stock purchasable from time to time hereunder upon exercise of the Warrants, all subject to further adjustment as provided herein.

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