Applicable Warrant Shares definition

Applicable Warrant Shares means, for an Applicable Fiscal Quarter, the number of Warrant Shares for which Applicable Contract Lock In Credit is granted, which shall be determined by dividing the aggregate Applicable Contract Lock In Credit earned in such Applicable Fiscal Quarter (i.e., monies received or to be received by Company and/or an Affiliate of Company over the term of Applicable Contracts that become effective in such Applicable Fiscal Quarter) by $85,000,000, and then multiplying such resulting percentage by 3,400,000. For example, if the aggregate Applicable Contract Lock In Credit earned in an Applicable Fiscal Quarter is $10,000,000, then the Applicable Warrant Shares resulting from such Applicable Contract Lock In Credit will be 400,000 Applicable Warrant Shares. Any computation of Applicable Warrant Shares shall not increase the number of Warrant Shares as otherwise provided for in this Warrant.
Sample 1Sample 2Sample 3
Applicable Warrant Shares means, with respect to any Triggering Event, the number of Warrant Shares issuable upon exercise of this Warrant immediately prior to such Triggering Event (taking into account any previous adjustments to the number of Warrant Shares prior to such Triggering Event).
Sample 1Sample 2Sample 3
Applicable Warrant Shares means, as applicable, the First Tranche Shares, the Second Tranche Shares and the Third Tranche Shares.
Sample 1

Examples of Applicable Warrant Shares in a sentence

  • This Warrant may be amended or supplemented only by an instrument in writing signed by the Company and the holders representing a majority in interests of the Applicable Warrant Shares that remain issuable under the then outstanding Warrants.

  • If and whenever the Exercise Price shall have been adjusted pursuant to this Section 10, the number of Warrant Shares issuable upon exercise of this Warrant shall be forthwith adjusted to an amount determined by multiplying (1) the Applicable Warrant Shares by (2) a fraction, the numerator of which shall be the Applicable Exercise Price and the denominator of which shall be the Applicable Per Share Consideration.

  • Before taking any action which would result in an adjustment in the number of Applicable Warrant Shares for which this Warrant is exercisable or in the Exercise Price, the Company shall obtain all such authorizations or exemptions thereof, or consents thereto, as may be necessary from any public regulatory body or bodies having jurisdiction thereof.

  • The Company shall at all times reserve and keep available, free from preemptive rights, out of the aggregate of its authorized but unissued shares of Common Stock or its authorized and issued shares of Common Stock held in its treasury, for the purpose of enabling it to satisfy any obligation to issue the Applicable Warrant Shares upon exercise of the Warrants, the maximum number of shares of Common Stock which may then be deliverable upon the exercise of all outstanding Warrants.

  • Before taking any action which would cause an adjustment pursuant to Section 8 hereof to reduce the per share Applicable Exercise Price below the then par value of an Applicable Warrant Share, the Company shall take any corporate action which may, in the opinion of its counsel, be necessary in order that the Company may validly and legally issue fully paid and nonassessable Applicable Warrant Shares at the Applicable Exercise Price as so adjusted.

  • All Warrants issued on transfers or exchanges shall be identical to this Warrant except as to the number of Applicable Warrant Shares issuable pursuant thereto.

  • No adjustment shall be made pursuant to this subsection (c) which shall have the effect of decreasing the number of Applicable Warrant Shares purchasable upon exercise of any Numbered Warrant.

  • The Applicable Exercise Price and the number of Applicable Warrant Shares issuable upon the exercise of each Numbered Warrant set forth in Schedule A (the "Applicable Warrant Number") are subject to adjustment from time to time upon the occurrence of the events enumerated in, or as otherwise provided in, this Section 8.

  • The Holder understands that this Warrant and the Applicable Warrant Shares issued upon any exercise hereof must be held indefinitely unless subsequently registered under the Securities Act and qualified under applicable state securities laws, or unless exemption from such registration and qualification are otherwise available.

  • Such certificate shall be deemed to have been issued and the person so named therein shall be deemed to have become a holder of record of such Applicable Warrant Shares as of the date of the surrender of such Warrant Certificate and payment of the aggregate Applicable Exercise Price, irrespective of the date of delivery of such certificate for Applicable Warrant Shares.


More Definitions of Applicable Warrant Shares

Applicable Warrant Shares means [_____] percent ([__]%) of the total number of Warrant Shares that may be purchased upon exercise of this Warrant.
Sample 1
Applicable Warrant Shares means one hundred percent (100%) of the total number of Warrant Shares that may be purchased upon exercise of this Warrant.
Sample 1

Related to Applicable Warrant Shares

  • Common Warrant Shares means the shares of Common Stock issuable upon exercise of the Common Warrants.

  • Warrant Shares means the shares of Common Stock issuable upon exercise of the Warrants.

  • Warrant Stock means Common Stock issuable upon exercise of any Warrant or Warrants or otherwise issuable pursuant to any Warrant or Warrants.

  • Warrant Share means a Common Share issuable upon exercise of one Warrant;

  • Warrant Share Number means at any time the aggregate number of shares of Warrant Stock which may at such time be purchased upon exercise of this Warrant, after giving effect to all prior adjustments and increases to such number made or required to be made under the terms hereof.

  • Warrant Share Delivery Date shall have the meaning set forth in Section 2(d)(i).

  • Pre-Funded Warrant Shares means the shares of Common Stock issuable upon exercise of the Pre-Funded Warrants.

  • Prefunded Warrant Shares means the shares of Common Stock issuable upon exercise of the Prefunded Warrants.

  • Conversion Shares means, collectively, the shares of Common Stock issuable upon conversion of the shares of Preferred Stock in accordance with the terms hereof.

  • Adjustment Shares shall have the meaning set forth in Section 11(a)(ii) hereof.

  • Current Warrant Price means, in respect of a share of Common Stock at any date herein specified, the price at which a share of Common Stock may be purchased pursuant to this Warrant on such date. Unless and until the Current Warrant Price is adjusted pursuant to the terms herein, the initial Current Warrant Price shall be $2.36 per share of Common Stock.

  • Exercise Shares means the shares of Common Stock issuable upon exercise of this Warrant.

  • Conversion Share means any share of Common Stock issued or issuable upon conversion of any Note.

  • PIPE Shares shall have the meaning given in the Recitals hereto.

  • Warrant Securities means this Warrant and the Warrant Shares, collectively.

  • Initial Warrant Exercise Date means __________, 1997.

  • Warrant ADSs means ADSs representing Warrant Shares.

  • Additional Shares shall have the meaning specified in Section 14.03(a).

  • Option Warrants shall have the meaning ascribed to such term in Section 2.2(a).

  • Applicable Stock means (i) the Company’s presently authorized series of preferred stock specified in the introductory paragraph of this Warrant, (ii) after the conversion of all of the outstanding shares of such series of preferred stock into Common Stock, either automatically or by vote of the requisite holders thereof, the Company’s Common Stock, and (iii) upon any conversion, exchange, reclassification or change, any security into which the securities described in clauses (i) or (ii) of this definition may be converted, exchanged, reclassified or otherwise changed.

  • Conversion Stock means shares of Common Stock issued upon conversion of the Preferred Stock.

  • Series B Warrants means, collectively, the Series B Common Stock purchase warrants delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof and the other Series B Warrants contemplated under Section 2.1 to be issued concurrently at the Closing, which Series B Warrants shall be exercisable beginning immediately and have a term of exercise equal to five (5) years, in the form of Exhibit B-2 attached hereto.

  • Underlying Shares means the shares of Common Stock issued and issuable upon conversion or redemption of the Debentures and upon exercise of the Warrants and issued and issuable in lieu of the cash payment of interest on the Debentures in accordance with the terms of the Debentures.

  • SPAC Warrants means SPAC Private Warrants and SPAC Public Warrants, collectively.

  • Series B-2 Preferred Shares means the Company’s series B-2 preferred shares, par value US$0.00001 per share.

  • Commitment Shares shall have the meaning set forth in Section 12.04.