Cashless Exercise Date definition

Cashless Exercise Date means the date on which a Holder complies with the applicable requirements for cashless exercise, if permitted, as set forth in Sections 2(a) and 2(c); provided that, if such date is not a Trading Day or the Holder satisfies such requirements after 5:00 p.m. on a Trading Day, then the Cashless Exercise Date shall be (i) the immediately succeeding Trading Day, or (ii) if such date is the Termination Date, the immediately preceding Trading Day.
Sample 1
Cashless Exercise Date means, with respect to any Warrant as to which the Corporation has elected a Cashless Exercise in accordance with Section 3.9, the date on which the Warrant Certificate representing such Warrant is duly surrendered for exercise along with a duly completed and executed Notice of Intent to Exercise, all in accordance with the terms hereof;
Sample 1Sample 2
Cashless Exercise Date shall be deemed the Exercise Date under the Warrant.
Sample 1

Examples of Cashless Exercise Date in a sentence

  • The Company shall issue to the Holder as of the Cashless Exercise Date a certificate for the Warrant Shares issuable upon the Cashless Exercise and, if applicable, a new warrant of like tenor evidencing the balance of the Warrant Shares remaining subject to this Warrant.

  • B = the Warrant Price (as adjusted through the Cashless Exercise Date) A Cashless Exercise may be effected by the Holder by the surrender of this Warrant as provided herein, together with a written statement specifying that the Holder thereby intends to effect a Cashless Exercise and indicating the number of Exchanged Warrant Shares which are covered by the Cashless Exercise.

  • The applicable Warrant Shares shall be deemed to have been issued, and the Holder or any other Person so designated to be named therein shall be deemed to have become a holder of record of such shares for all purposes, as of the applicable Exercise Date or the date that is three Trading Days following the Cashless Exercise Date, as applicable.

  • Current market value shall have the meaning set forth herein, except that for purposes hereof, the date of exercise shall mean the Cashless Exercise Date.

  • The Cashless Exercise shall take place on the date specified in the Notice of Cashless Exercise or, if later, the date the Notice of Cashless Exercise is received by the Company (the "Cashless Exercise Date").

  • The “Cashless Exercise Ratio” shall be equal to (i) the Final Price on the Cashless Exercise Date less then Exercise Price divided by (ii) by the Final Price on the Cashless Exercise Date.

  • B = the Exercise Price (as adjusted through the Cashless Exercise Date) A Cashless Exercise may be effected by the holder by the surrender of this Warrant as provided herein, together with a written statement specifying that the holder thereby intends to effect a Cashless Exercise and indicating the number of Exchanged Common Shares which are covered by the Cashless Exercise.

  • The applicable Warrant Shares shall be deemed to have been issued, and the Holder or any other Person so designated to be named therein shall be deemed to have become a holder of record of such Warrant Shares for all purposes, as of the applicable Exercise Date or the date that is three Trading Days following the Cashless Exercise Date, as applicable.

  • In case less than all Warrants represented hereby are exercised, a new Warrant of substantially like tenor shall be issued respecting the unexercised Warrants without cost to the Holder thereof within five Trading Days after the Automatic Cashless Exercise Date.

  • The Company shall issue to the holder as of the Cashless Exercise Date a certificate for the Common Shares issuable upon the Cashless Exercise and, if applicable, a new warrant of like tenor evidencing the balance of the Common Shares remaining subject to this Warrant.


More Definitions of Cashless Exercise Date

Cashless Exercise Date means the business day on which the Warrant Notice is received by the Company.
Sample 1
Cashless Exercise Date means the first date on which all indebtedness for borrowed money, including outstanding principal and interest, have been repaid in full under the Oaktree Agreement, and the Oaktree Agreement is terminated.
Sample 1

Related to Cashless Exercise Date

  • Cashless Exercise means a Cashless Exercise as defined in Section 6.3(b)(i).

  • Cashless Exercise Ratio means a fraction, the numerator of which is the excess of the Current Market Value per share of Common Stock on the Exercise Date over the Exercise Price per share as of the Exercise Date and the denominator of which is the Current Market Value per share of the Common Stock on the Exercise Date.

  • New Exercise Date means a new Exercise Date if the Administrator shortens any Offering Period then in progress.

  • Option Exercise Date has the meaning specified in Section 2.1.

  • Initial Warrant Exercise Date means __________, 1997.

  • Initial Exercise Date shall have the meaning ascribed to such term in the Preamble.

  • Exercise Date means the last day of each Offering Period.

  • Warrant Exercise Period shall commence (subject to Section 6(d) below), on the later of:

  • Automatic Exercise Date means, with respect to an Option or a Stock Appreciation Right, the last business day of the applicable Option Term or Stock Appreciation Right Term that was initially established by the Administrator for such Option or Stock Appreciation Right (e.g., the last business day prior to the tenth anniversary of the date of grant of such Option or Stock Appreciation Right if the Option or Stock Appreciation Right initially had a ten-year Option Term or Stock Appreciation Right Term, as applicable).

  • Initial Exercise Price shall have the meaning set forth in Section 2.4.1.

  • Option Exercise Period has the meaning set forth in Section 6.4.

  • Option Exercise Price means the price at which a share of Common Stock may be purchased upon the exercise of an Option.

  • Option Exercise Notice has the meaning set forth in Section 2.4(c).

  • Warrant Exercise Price means $0.05 per share.

  • Minimum Exercise Amount means the Minimum Exercise Amount as specified in § 1 of the Product and Underlying Data.

  • Aggregate Option Exercise Price means, as of any date of determination, the sum of the exercise prices payable upon exercise in full of all Vested Options held by all Optionholders immediately prior to the Effective Time, based on the Estimated Merger Consideration or the Final Adjusted Merger Consideration, as applicable.

  • Total Exercise Price shall have the meaning set forth in Section 4(a) hereof.

  • Net Exercise means a Net Exercise as defined in Section 6.3(b)(iii).

  • Notice of Exercise means a notice in writing addressed to the Company at its address first recited, which notice shall specify therein the number of Optioned Shares in respect of which the Option is being exercised;

  • Post-Termination Exercise Period means the period following termination of a Participant’s Continuous Service within which an Option or SAR is exercisable, as specified in Section 4(h).

  • Exercise Price means the initial exercise price or the adjusted exercise price, depending on the context.

  • Cash Exercise with respect to Warrant Shares; and/or

  • 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.

  • Reload Option means any Option granted under Section 6(a)(iv) of the Plan.

  • Date of Exercise means the date on which the Company shall have received (i) this Warrant (or any New Warrant, as applicable), with the Form of Election to Purchase attached hereto (or attached to such New Warrant) appropriately completed and duly signed, and (ii) payment of the Exercise Price for the number of Warrant Shares so indicated by the holder hereof to be purchased.

  • Demand Exercise Notice has the meaning set forth in Section 2.1(a).