Warrant Value. “Warrant Value” means one hundred percent (100%) of the original principal amount of the Promissory Note owed to the Holder on the date hereof.
Warrant Value. The number of shares for which this Warrant shall be exercisable (the "WARRANT VALUE") shall be determined in accordance with the following, subject to adjustment as provided in Section 4 hereof:
(a) if as of the Effective Date no Registered Public Offering and no Triggering Event shall have occurred, the Warrant Value shall be 195,023 shares; or
(b) if one or more Registered Public Offerings shall have occurred prior to the Effective Date and no Triggering Event shall have occurred, the Warrant Value shall be determined on the Effective Date by reference to the value of the total common equity of the Company, on a Fully Diluted basis (the "EQUITY MARKET VALUE"), realized on the closing date of each such Registered Public Offering in accordance with the following: if the highest Equity Market Value realized on the closing date of any Registered Public Offering is (i) equal to or greater than $60,000,000 but less than $65,000,000, then the Warrant Value shall be 146,268 shares;
Warrant Value. If one or more increments of the Loan shall not be funded the percentage of the Warrant that will be exercisable will be reduced proportionately.
Warrant Value. The term "Warrant Value" means, as of any date with respect to any Investor, the sum of (A) (x) the Market Price of the Common Stock less the then-effective Class A Warrant Exercise Price (as defined in the Class A Warrant certificate) multiplied by (y) the number of unexercised Warrant Shares underlying the Class A Warrant then owned by such Investor, which shall never be less than zero, and (B) (x) the Market Price of the Common Stock less the then-effective Class B Warrant Exercise Price (as defined in the Class B Warrant certificate) multiplied by (y) the number of unexercised Warrant Shares underlying the Class B Warrant then owned by such Investor, which shall never be less than zero.
Warrant Value. In the event of any dispute between Liberty and Todd xx to amount of the 4MC Warrant Value, such dispute shall be referred for resolution by negotiation between a senior executive designated by Liberty and a senior executive designated by Todd xxxor to the Todd Xxxger. The initial executives so designated are Davix Xxxxxx xxx Liberty and Salax Xxxxxxxxx xxx Todd. X party may change its designated executive by written notice to the other
Warrant Value. The parties intend that the fair market value for federal income tax purposes of the Warrants issued hereby shall not be in excess of $400,000, and the parties shall perform their federal (and conforming state and local) income tax reporting consistent therewith, except to the extent otherwise required by applicable law.
Warrant Value. The parties intend that the fair market value as of August 25, 2021 for federal income tax purposes of the Warrants issued hereby shall not be in excess of $400,000, and the parties shall perform their federal (and conforming state and local) income tax reporting consistent therewith, except to the extent otherwise required by applicable law.
Warrant Value. The "Warrant Value" shall be equal to (A) twenty percent (20%) of the Target Basic Equity Value, less (B) $1,500,000.
