Examples of Aggregate Warrants in a sentence
No consideration shall be offered or paid to any Holder to amend or consent to a waiver, amendment or other modification of any provision of the Agreement unless the same consideration is offered to all of the holders of the outstanding Aggregate Warrants.
In accordance with the U.S. Army Corps of Engineers Control Manuals, the following table shows proposed lake drawdowns for the winter of 2011-2012.
The Company and the Parent shall have entered into one or more security purchase agreements (the "Other Purchase Agreements") relating to the sale and purchase of securities on substantially identical terms to this Agreement, that provide for the aggregate sale (when combined with this Agreement) of $40,000,000 in aggregate principal amount of Aggregate Notes and Aggregate Warrants.
For purposes of the First Warrant, the ---------------------------- Holder hereby approves (i) the issuance of the Aggregate Warrants issued the date hereof and agrees that the issuance thereof and of shares of stock issued upon exercise or exchange of such Aggregate Warrants shall not cause any increase in the number of shares issuable under the First Warrant, and (ii) the grant of the registration rights contained in the Aggregate Warrants issued the date hereof.
The JPE Companies spent less than $250,000 on such remediation, so the Aggregate Warrants Exercise Price should not be adjusted.
In the event that the Company does not either (i) achieve Operating Income (as defined below) of at least $1.00 for the nine month period ended December 31, 1998, or (ii) raise equity capital in an amount not less than $2.5 million by December 31, 1998, then the Base Amount shall be increased to 145,000 shares, which the Company represents to equal 2.6% of the shares of capital stock outstanding on the date hereof calculated on a fully diluted basis and assuming exercise of the Aggregate Warrants.
Section 3.1(a)(ii)(B) of the Investment Agreement provides that the Aggregate Warrants Exercise Price should be increased by $0.75 for each $1.00 of direct and indirect costs, expenses and fees in excess of $250,000 that the JPE Companies spent on remediation of environmental conditions from May 27, 1999 until the date on which this Notice is delivered.
Par Paydown Aggregate Warrants (as percentage of common stock outstanding immediately prior to the Transaction Effective Date7) Less than $10 million 19.99% $10 million+ but less than below 19.99% $20 million+ but less than below 15.99% $30 million+ 10.00% The exercise price for each Warrant shall be equal to $0.01.
Therefore, the Aggregate Warrants Exercise Price should not be adjusted.
EXERCISE PRICE The aggregate exercise price for all 422,601.437 Warrants is $3,450,000 (the "Aggregate Warrants Exercise Price"), and THE EXERCISE PRICE FOR EACH INDIVIDUAL WARRANT, I.E., THE WARRANT EXERCISE PRICE, IS $8.16.