Aggregate Warrant Shares definition
Examples of Aggregate Warrant Shares in a sentence
Additionally, upon request of the Holder, the Company shall provide to the Holder its calculation of the Aggregate Warrant Shares as of the date of the Holder’s request (or such other date provided for in such request), along with supporting documentation relating thereto.
In connection with any exercise of this Warrant, the Company shall provide the Holder with a certificate with the calculation of the Aggregate Warrant Shares as of the date of exercise.
Additionally, upon the request of the Holder, the Company shall provide the Holder with a calculation of the Aggregate Warrant Shares as of the date of the Holder’s request (or such other date provided for in such request).
The Holder, by acceptance of this Warrant, agrees to comply in all respects with the provisions of this Section 8 and the restrictive legend requirements set forth on the face of this Warrant and further agrees that such Holder shall not offer, sell or otherwise dispose of this Warrant or any Aggregate Warrant Shares to be issued upon exercise hereof except under circumstances that will not result in a violation of the Securities Act.
If the Aggregate Warrant Shares would otherwise exceed the Share Cap, the number of shares issuable to each Flex Warrant Holder pursuant to their Flex Warrants shall be decreased on a pro rata basis until the number of Aggregate Warrant Shares is equal to the Share Cap.
The Holder has had an opportunity to ask questions and receive answers from the Company regarding the terms and conditions of the offering of the Warrant and the Aggregate Warrant Shares and the business, properties, prospects and financial condition of the Company.
In the event that the holders of Warrants exercisable for a majority of the Aggregate Warrant Shares (the “Majority Holders”) object in writing to a valuation within ten (10) days after the occurrence of an event requiring valuation (the "Valuation Event"), then the fair value of such consideration will be determined within five (5) Business Days after the tenth (10th) day following the Valuation Event by an independent, reputable appraiser jointly selected by the Company and the Majority Holders.
The aggregate number of Warrant Shares issuable hereunder (the "Aggregate Warrant Shares") shall equal 1,302,941 shares of Common Stock.
The Holder's right to elect to receive the Cash Payment in lieu of the Aggregate Warrant Shares may be exercised one time during the period commencing on the occurrence of a Registration Default Date and ending on the fifth Business Day thereafter.
The Holder’s “pro rata share” for purposes of this Section 7.1 shall be equal to the Percentage Interest represented by the Aggregate Warrant Shares.