Excess Warrant Shares definition

Excess Warrant Shares has the meaning given in Section 4(d) hereof.
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Excess Warrant Shares means in the case that the number of Warrant Shares and the shares of Common Stock potentially issuable by the Company pursuant to any other warrant issued pursuant to the Investment Agreement, in the aggregate, is more than 19.9% of the number of shares of Common Stock outstanding immediately prior to the Initial Closing (the “Conversion Cap”), the Warrant Shares that are in excess of the Conversion Cap (rounded up to the nearest whole share).
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Excess Warrant Shares means, with respect to each exercise of this Warrant during the Authorized Share Restriction Period, the number of Warrant Shares (if any) issuable upon such exercise (disregarding for such purpose the Beneficial Ownership Limitation, the Cap Allocation Amount and any other restriction or limitation on exercise) in excess of the Cap Allocation Amount in effect immediately prior to such exercise.
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Examples of Excess Warrant Shares in a sentence

  • Notwithstanding the foregoing, if at any such time of a Nasdaq Stockholder Required Approval Event, the Company is able to obtain the written consent of a majority of its issued and outstanding shares of Common Stock to approve the issuance of Excess Warrant Shares, the Company may satisfy its obligations pursuant to the immediately preceding sentence by obtaining such written consent and submitting for filing with the SEC an Information Statement on Schedule 14C.

  • If the Company shall succeed in obtaining the Shareholder Approval, the Excess Warrant Shares shall again become fully exercisable by the Holder.

  • The failure of a Founder to exercise his right to purchase Excess Warrant Shares within the thirty (30) day notice period, shall be regarded as a waiver of his right to participate in the purchase of the Excess Warrant Shares.

  • Notwithstanding the foregoing, if any such time of a Nasdaq Stockholder Required Approval Event, the Company is able to obtain the written consent of a majority of the shares of its issued and outstanding shares of Common Stock to approve the issuance of Excess Warrant Shares, the Company may satisfy this obligation by obtaining such consent and submitting for filing with the SEC an Information Statement on Schedule 14C.

  • The failure of a Founder to exercise her right to purchase Excess Warrant Shares within the thirty (30) day notice period, shall be regarded as a waiver of her right to participate in the purchase of the Excess Warrant Shares.

  • Each Founder's right to purchase the Excess Warrant Shares shall be exercisable by written notice to the Terminated Employee, the corporation and the other Founders given within thirty (30) days of the termination of the Corporation's option.

  • Notwithstanding the foregoing, if any such time of a NYSE Stockholder Required Approval Event, the Company is able to obtain the written consent of a majority of the shares of its issued and outstanding shares of Common Stock to approve the issuance of Excess Warrant Shares, the Company may satisfy this obligation by obtaining such consent and submitting for filing with the SEC an Information Statement on Schedule 14C.

  • Each Founder's right to purchase the Excess Warrant Shares shall be exercisable by written notice to the Disabled Employee, the Corporation and the other Founders given within thirty (30) days of the termination of the Corporation's option.

  • Each Founder's right to purchase the Excess Warrant Shares shall be exercisable by written notice to the Decedent's Estate, the Corporation and the other Founders given within thirty (30) days of the termination of the Corporation's option.

  • For the avoidance of doubt, the Holder shall not be required to specify (in an Exercise Form or otherwise) whether an exercise would result in Excess Warrant Shares or require payment of a Cash Settlement Amount.


More Definitions of Excess Warrant Shares

Excess Warrant Shares means Ten Million (10,000,000) shares minus the aggregate number of shares of common stock issuable upon exercise or conversion of all Warrants issued in connection with this Agreement, including any warrants issued pursuant to this Section 4(d). Each of the Additional Guarantors agree to use their best efforts to enter into a Guaranty on or before January 31, 2003, in the maximum principal amount set forth opposite such Additional Guarantor's name on Schedule 2 hereto.
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Excess Warrant Shares shall have the meaning set forth in the Warrant.
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Excess Warrant Shares shall have the meaning set forth in the Primary Warrant.
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Excess Warrant Shares means the number of Warrant Shares whose issuance pursuant to a Call Notice would result in the Holder exceeding the Beneficial Ownership Limitation.
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Excess Warrant Shares means, with respect to each exercise of this Warrant during the Cash Settlement Period, as of any date of determination, the excess, if any, of (x) the number of Warrant Shares issuable upon such exercise (disregarding for such purpose the Beneficial Ownership Limitation, the NYSE Share Cap (or whether the Company Stockholder Approval shall have been obtained) and any other restriction or limitation on exercise) over (y) the Remaining NYSE Share Cap Amount as of such date.]37
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Excess Warrant Shares has the meaning set forth in Section 2.2(d)(i).
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Related to Excess 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;

  • 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.

  • 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).

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

  • 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.

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

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

  • Warrant Price as used in this Agreement shall mean the price per share at which shares of Common Stock may be purchased at the time a Warrant is exercised. The Company in its sole discretion may lower the Warrant Price at any time prior to the Expiration Date (as defined below) for a period of not less than twenty (20) Business Days, provided, that the Company shall provide at least twenty (20) days prior written notice of such reduction to Registered Holders of the Warrants and, provided further that any such reduction shall be identical among all of the Warrants.

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

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

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

  • Warrant ADSs means ADSs representing Warrant Shares.

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

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

  • Initial Warrant Exercise Date means __________, 1997.

  • Warrant Exercise Price means $0.05 per share.

  • Exchange Price means as of any date, $1,000, divided by the Exchange Rate as of such date.

  • this Warrant means, collectively, this Warrant and all other stock purchase warrants issued in exchange therefor or replacement thereof.

  • Common Shares means the common shares in the capital of the Corporation;

  • Put Shares means all shares of Common Stock issued, or that the Company shall be entitled to issue, per any applicable Put Notice in accordance with the terms and conditions of this Agreement.