Exercise Cap definition

Exercise Cap has the meaning specified in Section 5(n)(i) hereof.
Sample 1Sample 2Sample 3
Exercise Cap has the meaning ascribed to such term in Section 3(a)(i).
Sample 1Sample 2Sample 3
Exercise Cap has the meaning ascribed to such term in Section 2.5 of this Agreement.
Sample 1

Examples of Exercise Cap in a sentence

  • However, the Warrants may only be exercised by means of cashless exercise, such that, in lieu of paying the exercise price in cash on an exercise of the Warrants, the holder will receive (subject to an Exercise Cap applicable in certain circumstances) a number of Units based on the difference between the then current market price per Unit and the exercise price which will lead to an exercised ownership position of the Investor in AHIP of less than 19.99%.

  • The warrants are (i) subject to the Warrant Exercise Cap and (ii) not exercisable to the extent an exercise by the holder would result in the holder’s beneficial ownership of the Company exceeding 4.99% of the issued and outstanding Common Stock.

  • As of the Initial Issue Date, the Exercise Cap is not less than 3,966,496 shares of Common Stock.

  • The warrants (i) are not exercisable to the extent an exercise by the holder would result in the holder’s beneficial ownership of the Company exceeding 4.99% of the issued and outstanding common stock and (ii) are subject to the Warrant Exercise Cap.

  • Also excluded are 600,000 shares of common stock underlying warrants that are not exercisable (i) to the extent an exercise by the holder would result in the holder’s beneficial ownership of the Company exceeding 4.99% of the issued and outstanding common stock and (ii) that are subject to the Warrant Exercise Cap.

  • Until such approval is obtained, no Holder shall be issued in the aggregate, upon the exercise of Class X Warrants and the conversion of the Series F Preferred Stock, shares of Common Stock in an amount greater than the product of (A) the Exercise Cap multiplied by (B) the quotient of (1) the Holder’s Subscription Amount (as defined in the Purchase Agreement) divided by (2) the aggregate Subscription Amount of all the Holders (with respect to each Holder, the “Exercise Cap Allocation”).

  • In no event will the Warrants be exercisable in connection with this exercise feature for more than the Cashless Exercise Cap (subject to customary anti-dilution adjustment).

  • The Company shall review its books and records at least semi-annually to determine whether, in its sole discretion, some or all of the outstanding Warrants held by Non-U.S. Citizens may be converted into shares of Common Stock without exceeding the Exercise Cap (as defined below) or resulting in Excess Shares.


More Definitions of Exercise Cap

Related to Exercise Cap

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

  • Exercise Valuation Date means the first Scheduled Trading Day of the month following the expiry of 35 calendar days after the Exercise Date. For the avoidance of doubt, the 35 calendar day period is mandatory and non-waivable by either the Issuer or the Holder.

  • Conversion Right has the meaning set forth in Section 4.05(a) hereof.

  • Option Price means the price at which a Share may be purchased by a Participant pursuant to an Option.

  • Purchase Option Price means the amount payable by a Lessee upon the exercise of its option to purchase a related 2023-1 Vehicle which amount equals (a) with respect to a Matured Vehicle, the Contract Residual Value plus any fees, taxes and other charges imposed in connection with such purchase and (b) with respect to a related 2023-1 Vehicle for which the related 2023-1 Lease has been terminated early by the Lessee, the sum of (i) any unpaid Monthly Payments due, (ii) any fees, taxes and other charges imposed in connection with the related 2023-1 Lease, (iii) an early termination fee and (iv) the Actuarial Payoff.