Applicable Exercise Price definition

Applicable Exercise Price means, with respect to any Triggering Event, the Exercise Price immediately prior to such Triggering Event (taking into account any previous adjustments to the Exercise Price prior to such Triggering Event).

Applicable Exercise Price means, with respect to each Company Stock Option, Common Stock Warrant and Preferred Stock Warrant, the exercise price required to be paid to acquire one share of Company Common Stock, in the case of a Company Stock Option or Common Stock Warrant, or one share of Company Preferred Stock, in the case of a Preferred Stock Warrant.

Applicable Exercise Price means the exercise price of a Qualifying Company Option as set forth in the applicable Company Option.

Examples of Applicable Exercise Price in a sentence

• In the event the Company shall issue shares of Common Stock in a stock dividend, stock distribution or subdivision, the Applicable Exercise Price in effect immediately before such stock dividend, stock distribution or subdivision shall, concurrently with the effectiveness of such stock dividend, stock distribution or subdivision, be proportionately decreased and the number of shares of Common Stock purchasable by exercise of this Warrant shall be proportionately increased.

• If the Company in any manner issues or sells any Common Stock Equivalents and the lowest price per share for which one share of Common Stock is issuable upon the conversion, exercise or exchange thereof is less than the Applicable Exercise Price, then such share of Common Stock shall be deemed to be outstanding and to have been issued and sold by the Company at the time of the issuance or sale of such Common Stock Equivalents for such price per share.

• Upon the occurrence of each adjustment or readjustment of the Applicable Exercise Price pursuant to this Section 4, the Company at its expense shall promptly compute such adjustment or readjustment in accordance with the terms hereof and furnish to the Holder a certificate setting forth such adjustment or readjustment and showing in detail the facts upon which such adjustment or readjustment is based.

• The form of this Warrant need not be changed because of any adjustment in the Applicable Exercise Price or in the number of shares issuable upon its exercise.

• At the close of business on any Applicable Expiration Date, the number of Optioned Shares available for purchase at the Applicable Exercise Price for the Optioned Shares subject to such Applicable Expiration Date shall be reduced to zero.

More Definitions of Applicable Exercise Price

Applicable Exercise Price means the Exercise Price of this Warrant as in effect at any given time during the term of this Warrant.

Applicable Exercise Price means a purchase price per Warrant Share equal to (i) the First Tranche Share Exercise Price if such Warrant Share is a First Tranche Share, or (ii) the Second Tranche Share Exercise Price if such Warrant Share is a Second Tranche Share, as each may be adjusted from time to time as provided herein.

Applicable Exercise Price payable in lawful money of the United States of America upon surrender of this Warrant Certificate, with the form of election to purchase set forth hereon properly completed and executed, and payment of the Exercise Price at the office of the Company designated for such purpose, subject to the conditions set forth herein and in the Warrant Agreement referred to on the reverse hereof. In lieu of exercising this Warrant by paying in full the Exercise Price plus transfer taxes (if applicable pursuant to Section 6 of the Warrant Agreement), if any, the Warrant holder may, from time to time, convert this Warrant, in whole or in part, into a number of shares of Common Stock determined by dividing (a) the aggregate current market price of the number of Shares represented by the Warrants converted, minus the aggregate Exercise Price for such shares, plus transfer taxes, if any, by (b) the current market price of one Share. The current market price shall be determined pursuant to Section 10(f) of the Warrant Agreement.

Applicable Exercise Price means: (a) with respect to any shares of Qualified Financing Conversion Stock that are issuable upon exercise of this Warrant under SECTION 2.1 during the Qualified Financing Exercise Period, the Qualified Financing Exercise Price; and (b) with respect to any shares of Common Stock that are issuable upon exercise of this Warrant during the Common Stock Exercise Period under SECTION 2.2, the Common Stock Exercise Price.

Applicable Exercise Price means the exercise price stated on the cover page to this Agreement that is applicable to the SAR being exercised.

Applicable Exercise Price is defined in Section 3.1.

Applicable Exercise Price as used in this Agreement shall mean the purchase price of one share of Common Stock, as the case may be, upon the exercise of a Warrant reflecting all appropriate adjustments made in accordance with the provisions of Article V hereof.