Exercise Number definition

Exercise Number has the meaning set forth in Section 1.3.
Exercise Number at any time, means that number of Shares that Warrantholders are entitled to receive from time to time for each Warrant held upon exercise of the rights attached to the Warrant as that number may be adjusted by Article Five hereof and that number, as at the date hereof, is equal to one Share for each Warrant;
Exercise Number means the number of Common Shares which may be received from time to time on exercise of a Warrant;

Examples of Exercise Number in a sentence

  • Whenever the Exercise Price or the Exercise Number shall be adjusted as provided in this Article II, the Company shall forthwith file at the principal office of the Company a statement showing in reasonable detail the facts requiring such adjustment and the Exercise Price that shall be in effect and the Exercise Number after such adjustment.

  • In such event, the Exercise Price per share of Common Stock in effect immediately prior to the record date for such dividend or distribution or the effective date of such subdivision, combination or reclassification shall be adjusted by multiplying such Exercise Price by a fraction (i) the numerator of which shall be the Exercise Number immediately prior to such adjustment and (ii) the denominator of which shall be the new Exercise Number determined pursuant to the immediately preceding sentence.

  • The Exercise Price and the Exercise Number shall be subject to adjustment from time to time as provided by this Article II; provided, however, that if more than one section of this Article II is applicable to a single event, the section shall be applied that produces the largest adjustment, and no single event shall cause an adjustment under more than one section of this Article II so as to result in duplication.

  • In such event, the Exercise Number shall be increased to the number obtained by multiplying the Exercise Number immediately prior to such adjustment by the quotient of (x) the Exercise Price in effect immediately prior to the Pro Rata Repurchase giving rise to this adjustment divided by (y) the new Exercise Price determined in accordance with the immediately preceding sentence.

  • The Exercise Number and the Exercise Price are subject to adjustment as provided in Article II, and all references to “Exercise Number” and “Exercise Price” in this Agreement shall be deemed to include any such adjustment or series of adjustments.


More Definitions of Exercise Number

Exercise Number has the meaning set forth in the preamble.
Exercise Number has the meaning given to such term in Section 4.2.
Exercise Number means the minimum number of Securities specified as such in the Product Data Table.
Exercise Number means: (A) if no conversion of the Convertible Debentures pursuant to Section 4(b) thereof has occurred prior to the Make-Whole Date (a "Mandatory Conversion") or if the Standard Conversion Price (as defined in the Convertible Debentures and without giving effect to any ex post facto adjustments for which there is not a concurrent adjustment to the Make-Whole Average and Floor Price) on the date of such Mandatory Conversion is less than an amount (the "Adjusted Conversion Price") equal to the greater of (i) the Make-Whole Average (as defined in the Convertible Debentures) and (ii) the Floor Price (as defined in the Convertible Debentures) (each appropriately adjusted (without duplication)as provided in Sections 6(b), (c) and (d) of the Convertible Debentures), zero (0) shares of Common Stock; or (B) if a Mandatory Conversion has occurred prior to the Make-Whole Date and the Standard Conversion Price on the date of such Mandatory Conversion is greater than the Adjusted Conversion Price, the number of shares of Common Stock equal to (i) the quotient determined by dividing (A) the Make-Whole Amount by (B) the Adjusted Conversion Price, minus (ii) the number of shares of Common Stock actually issued to such holder of Convertible Debentures upon conversions of such Holder's Convertible Debentures prior to the Make-Whole Date.
Exercise Number means the number of shares of Common Stock for which the Warrant is exercisable. The Exercise Number shall be equal to 1,500,000 divided by the Exercise Price.
Exercise Number means the aggregate number of Warrant Shares purchasable upon the exercise of this Warrant, which shall be equal to such number of Warrant Shares as is obtained by multiplying (a) the number obtained by multiplying the sum of (i) the aggregate number of outstanding shares of Common Stock issued and outstanding on the Warrant Exercise Date, plus (ii) the number of shares of Common Stock of the Company issuable upon the exercise of all Options that have been granted by the Company as of the Warrant Exercise Date and upon the conversion of all Convertible Securities outstanding as of the Warrant Exercise Date including shares issuable upon the exercise of the Class B Warrants (whether or not such Options or the right to convert or exchange any such Convertible Securities are immediately exercisable), but excluding shares issuable upon the exercise of the Class A Warrants and the Class C Warrants (except as provided in subparts (iii) and (iv) below), plus (iii) the number of shares of Series E Preferred Stock (or Common Stock, if a Conversion Event has occurred) issuable upon the exercise of the Class A Warrants, if the Class A Warrants become exercisable prior to the exercise of this Warrant, plus (iv) the number of shares of Series E Preferred Stock (or Common Stock, if a Conversion Event has occurred) issuable upon the exercise of the Class C Warrants, if the Class C Warrants become exercisable prior to the exercise of this Warrant, times (b) three percent (3%), times (c) a fraction, the numerator of which is the Initial Preferred Shares and the denominator of which is the aggregate number of shares of Series E Preferred Stock, Series F Preferred Stock and Series G Preferred Stock outstanding at the Warrant Exercise Date.
Exercise Number. Section 2.01(c)(i) “Existing Policy” Section 5.09(e) “Extended Survival Period” Section 7.01(b) “FCPA” Section 3.20