Adjusted Share Amount definition

Adjusted Share Amount means, with respect to any given Investor Prepayment at a corresponding Investor Prepayment Time, an amount equal to 50% of the quotient of (i) 115% of the aggregate amount of Restricted Principal (as defined in the Series B Note) becoming Unrestricted Principal divided by (ii) the initial Conversion Price of the Notes as of the Closing Date (as defined in the Securities Purchase Agreement) (as adjusted for stock splits, stock dividends, stock combinations, recapitalizations and similar events).

Adjusted Share Amount shall have the meaning set forth in Section 2.2(b).

Adjusted Share Amount means, with respect to any given Investor Prepayment at such corresponding Investor Prepayment Time, 55% of the quotient of (i) the aggregate amount of Restricted Principal (as defined in the Series B Note) becoming Unrestricted Principal divided by (ii) either (x) if prior to the Adjustment Date, the Initial Conversion Price or (Y) if on or after the Adjustment Date, the lower of (A) the Adjustment Date Price and (B) the Initial Conversion Price.

Examples of Adjusted Share Amount in a sentence

• Notwithstanding the foregoing, if the Company has not delivered its 2006 Audited Financial Statements to the Warrantholder by the Warrant Adjustment Date, thereafter, the 2006 Adjusted Share Amount shall equal 15.625% of the Effective Date Voting Common Stock.

• If the Company fails to deliver the 2006 Audited Financial Statements by the Warrant Adjustment Date, but does deliver such financial statements by June 30, 2007, the Warrantholder shall return to the Company shares of Voting Common Stock received upon exercise of the Warrant during the Default Period to the extent such shares exceed the 2006 Adjusted Share Amount (and the Company agrees promptly to return the Exercise Price paid for such returned shares of Voting Common Stock after their return).

• Notwithstanding the foregoing, if the Company has not delivered its 2006 Audited Financial Statements to the Warrantholder by the Warrant Adjustment Date, thereafter, the 2006 Adjusted Share Amount shall equal 15.625% of the Effective Date Nonvoting Common Stock.

• If the Company fails to deliver the 2006 Audited Financial Statements by the Warrant Adjustment Date, but does deliver such financial statements by June 30, 2007, the Warrantholder shall return to the Company shares of Nonvoting Common Stock received upon exercise of the Warrant during the Default Period to the extent such shares exceed the 2006 Adjusted Share Amount (and the Company agrees promptly to return the Exercise Price paid for such returned shares of Nonvoting Common Stock after their return).

• The Holders agree that in no event shall the Warrant Shares or Adjusted Share Amount be greater than the amounts designated as “Series B Warrant Shares” on Exhibit A attached hereto, irrespective of any Adjustments or Dilutive Issuances (the “Modification”).

More Definitions of Adjusted Share Amount

Adjusted Share Amount means 865,630, and

Adjusted Share Amount means, initially 94,735 shares of Common Stock, subject to adjustment as set forth below.

Adjusted Share Amount means, with respect to any given Adjustment Time, the product of (x) [ ]3 multiplied by (y) the aggregate number of Warrant Preferred Shares to be issued to the Holder pursuant to the corresponding Exercise Notice (as defined in the Preferred Warrant) delivered to the Company (or its designee) with respect to such Adjustment Time.3 Insert aggregate number of shares of Common Stock issuable upon conversion of one Preferred Share at the Alternate Conversion Price (as defined in the Certificate of Designations) in effect as of the Closing Date.

Adjusted Share Amount means, with respect to any holder of outstanding shares of Series A Special Stock, the product of the Conversion Rate in effect at the time of calculation of such amount, multiplied by the number of outstanding shares of Series A Special Stock held by the applicable holder at the time of calculation of such amount.

Adjusted Share Amount means, with respect to any given Adjustment Time, the product of (x) _____ (as adjusted for share splits, share dividends, share combinations, recapitalizations or other similar transactions occurring after the Subscription Date) multiplied by (y) the aggregate number of Warrant Preferred Shares to be issued to the Holder pursuant to the corresponding Exercise Notice (as defined in the Preferred Warrant) delivered to the Company (or its designee) with respect to such Adjustment Time.

Adjusted Share Amount means the amount of ordinary shares in the Guarantor equal to (rounded up to the nearest whole number):

Adjusted Share Amount means, with respect to any given Investor Prepayment at such corresponding Investor Prepayment Time, 10% of the quotient of (i) the aggregate amount of Restricted Principal (as defined in the Series B Note) becoming Unrestricted Principal divided by (ii) either (x) if prior to the Adjustment Date, the Initial Conversion Price or (Y) if on or after the Adjustment Date, the lower of (A) the Adjustment Date Price and (B) the Initial Conversion Price. “Adjustment Right” means any right granted with respect to any securities issued in connection with, or with respect to, any issuance or sale (or deemed issuance or sale in accordance with Section 2) of shares of Common Stock (other than rights of the type described in Section 3 and 4 hereof) that could result in a decrease in the net consideration received by the Company in connection with, or with respect to, such securities (including, without limitation, any cash settlement rights, cash adjustment or other similar rights).