Exercise Proceeds definition

Exercise Proceeds means the shares or other securities or property that a Warrantholder has the right to acquire on the exercise of Warrants in accordance with the provisions of Article 4;
Sample 1
Exercise Proceeds. Assuming an exercise price of S$0.10, the gross proceeds from the full exercise of the Warrants will be S$3,500,000. Within five (5) Business Days after the listing and quotation notice in relation to the issuance of the Warrants is received, the Company shall issue and deliver the Warrants to the Investor or to the Investor’s order, provided that, if the Warrants are not issued and delivered by the Company to the Investor within forty‐five (45) days after the date hereof (the “Warrants Delivery Date”), the Company shall pay to the Investor an amount equal to the greater of (i) the Black Scholes Value of the Warrants as calculated on the Warrants Delivery Date (assuming all of the Warrants had been delivered on such date) or (ii) eight hundred thirty‐eight thousand United States Dollars (US$838,000) (the "Warrants Fee"). If the Warrants Fee becomes payable, upon receipt of the Warrants Fee in full by the Investor, the Company will no longer be required to issue the Warrants. The Exercise Price represents a premium of 113.68% to the weighted average price of S$0.0468 per Share, for trades done on the SGX‐ST on 20 March 2017 (being the full market day on which the Agreement is signed).
Sample 1
Exercise Proceeds shall have the meaning set forth in Section 4.29(b) hereof.
Sample 1

Examples of Exercise Proceeds in a sentence

  • The Company will also provide a status report on the use of the Share Subscription Net Proceeds and the Investment Warrants Exercise Proceeds in the Company’s annual report.

  • Notwithstanding the foregoing, the Directors are of the opinion that the Share Subscription Net Proceeds and the Investment Warrants Exercise Proceeds will further strengthen and supplement the Group’s financial position and capital base.

  • The Company will make periodic announcements as and when the Share Subscription Net Proceeds and the Investment Warrants Exercise Proceeds are materially disbursed and whether the disbursements are in accordance with the use of proceeds as stated in this announcement.

  • Where the Share Subscription Net Proceeds and the Investment Warrants Exercise Proceeds are used for working capital purposes, the Company will provide a breakdown with specific details on how the proceeds have been applied in the Company’s announcements and annual report.

  • Where there is a material deviation in the use of the Net Proceeds and/or the Warrants Exercise Proceeds, the Company will announce the reasons for such deviation.

  • Using the Exercise Proceeds, the Company has prepaid a portion of the 2019 Notes.

  • Where the Net Proceeds and/or the Warrants Exercise Proceeds have been used for general corporate and/or working capital purposes, the Company will also provide a breakdown with specific details on the use of the Net Proceeds and/or the Warrants Exercise Proceeds in the financial statements and annual reports.

  • As and when the Investment Warrants are exercised, the Investment Warrants Exercise Proceeds may, at the discretion of the Directors, be applied largely in the following proportions: Use of Proceeds Pending the use of the Share Subscription Net Proceeds and the Investment Warrants Exercise Proceeds, such amounts may be deposited in financial institutions or be used for working capital or any other purpose on a short-term basis.

  • If the aggregate Exercise Price, as of such consummation date, is less than the aggregate value of the Exercise Proceeds, then the Warrantholder shall be entitled to exercise this Warrant in connection with such Corporate Event and shall automatically receive upon the consummation of such Corporate Event, in lieu of the Warrant Shares, the Exercise Proceeds, and this Warrant shall automatically terminate in connection therewith.

  • Acknowledgements It would not have been possible to write this article in English without the support of Professor Neil McKeganey, BA, MSc, PhD, from the University of Glasgow.


More Definitions of Exercise Proceeds

Exercise Proceeds means the cash proceeds received by the Company at or prior to the Effective Time (but after the date of this Agreement) in consideration for the exercise of any Company Options or Company Warrants, which exercises and proceeds received shall be set forth on a schedule delivered to Parent two (2) Business Days prior to the Effective Time and shall be updated immediately prior to the Effective Time.
Sample 1
Exercise Proceeds means the cash proceeds received by the Company at or prior to the Effective Time (but after the date of this Agreement) in consideration for the exercise of any Company Options or Company Warrants, which exercises and proceeds received shall be set forth on a schedule that sets forth, by holder, the number of Company Options and Company Warrants exercised by such holder prior to the Effective Time (but after the date of this Agreement) and whether such Company Options and Company Warrants were exercised on a cash basis or on a cashless basis, and such schedule shall be delivered to Parent two (2) Business Days prior to the Effective Time and shall be updated immediately prior to the Effective Time.
Sample 1

Related to Exercise Proceeds

  • Net Issuance Proceeds means, in respect of any issuance of equity or incurrence of Indebtedness, cash proceeds (including cash proceeds as and when received in respect of non-cash proceeds received or receivable in connection with such issuance), net of underwriting discounts and reasonable out-of-pocket costs and expenses paid or incurred in connection therewith in favor of any Person not an Affiliate of the Borrower.

  • Purchase Proceeds means any cash amounts received by the Master Servicer in connection with: (i) the repurchase of a Mortgage Loan or an REO Mortgage Loan by a Seller pursuant to Section 2.3 or (ii) the purchase of the Mortgage Loans and REO Properties by the Depositor, the Master Servicer, the Special Servicer or the holders of the Class R-I Certificates pursuant to Section 10.1(b).

  • Repurchase Proceeds the Repurchase Price in connection with any repurchase of a Mortgage Loan by the Seller and any cash deposit in connection with the substitution of a Mortgage Loan.

  • Equity Issuance Proceeds means, with respect to any Equity Issuance, all cash and cash equivalent investments received by any Restricted Entity from such Equity Issuance (other than from any other Credit Party) after payment of, or provision for, all underwriter fees and expenses, SEC and blue sky fees, printing costs, fees and expenses of accountants, lawyers and other professional advisors, brokerage commissions and other out-of-pocket fees and expenses actually incurred by any Restricted Entity in connection with such Equity Issuance.

  • Option Proceeds means the cash actually received by the Company for the exercise price in connection with the exercise of Options that are exercised after the Effective Date of the Plan, plus the maximum tax benefit that could be realized by the Company as a result of the exercise of such Options, which tax benefit shall be determined by multiplying (i) the amount that is deductible for Federal income tax purposes as a result of any such option exercise (currently, equal to the amount upon which the Participant’s withholding tax obligation is calculated), times (ii) the maximum Federal corporate income tax rate for the year of exercise. With respect to Options, to the extent that a Participant pays the exercise price and/or withholding taxes with Shares, Option Proceeds shall not be calculated with respect to the amounts so paid in Shares.

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

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

  • Exercise Payment means the amount of money equal to the Exercise Price multiplied by the number of Optioned Shares specified in the Notice of Exercise;

  • Sale Proceeds All proceeds (excluding accrued interest, if any) received with respect to Assets as a result of sales of such Assets in accordance with the restrictions described in Article XII less any reasonable expenses incurred by the Collateral Manager, the Collateral Administrator or the Trustee (other than amounts payable as Administrative Expenses) in connection with such sales. Sale Proceeds will include Principal Financed Accrued Interest received in respect of such sale.

  • Cash Proceeds means proceeds that are money, checks, deposit accounts, or the like.

  • Available Proceeds means, with respect to a Liquidation Event or Enforcement Event, as of a particular day:

  • Extraordinary Receipt means any cash received by or paid to or for the account of any Person not in the ordinary course of business, including tax refunds, pension plan reversions, proceeds of insurance (other than proceeds of business interruption insurance to the extent such proceeds constitute compensation for lost earnings), condemnation awards (and payments in lieu thereof), indemnity payments and any purchase price adjustments.

  • Net Available Proceeds means, with respect to any Asset Sale, the proceeds thereof in the form of cash or Cash Equivalents, net of

  • Noncash proceeds means proceeds other than cash proceeds.

  • Extraordinary Receipts means any cash received by or paid to any Obligor on account of any foreign, United States, state or local tax refunds, pension plan reversions, judgments, proceeds of settlements or other consideration of any kind in connection with any cause of action, condemnation awards (and payments in lieu thereof), indemnity payments received not in the ordinary course of business and any purchase price adjustment received not in the ordinary course of business in connection with any purchase agreement and proceeds of insurance (excluding, however, for the avoidance of doubt, proceeds of any issuance of Equity Interests and issuances of Indebtedness by any Obligor); provided that Extraordinary Receipts shall not include any (x) amounts that the Borrower receives from the Administrative Agent or any Lender pursuant to Section 2.16(f), or (y) cash receipts to the extent received from proceeds of insurance, condemnation awards (or payments in lieu thereof), indemnity payments or payments in respect of judgments or settlements of claims, litigation or proceedings to the extent that such proceeds, awards or payments are received by any Person in respect of any unaffiliated third party claim against or loss by such Person and promptly applied to pay (or to reimburse such Person for its prior payment of) such claim or loss and the costs and expenses of such Person with respect thereto.

  • Exercise Price Per Share hereinafter “Exercise Price” means the exercise price with respect to all Shares acquired pursuant to each exercise of the Option).

  • Subject Proceeds has the meaning assigned to such term in Section 2.11(b)(ii).

  • Deferred Net Cash Proceeds shall have the meaning provided such term in the definition of Net Cash Proceeds.

  • Net Disposition Proceeds means, with respect to any sale, transfer or other disposition of any assets of the Borrower, any Parent Guarantor or any of their respective Subsidiaries (other than sales permitted pursuant to clause (a), (b) or (c) of Section 7.2.9), the excess of

  • Net Offering Proceeds means all cash or other assets received by General Partner or Borrower as a result of the issuance or sale of common shares of beneficial interest, preferred shares of beneficial interest, partnership interests, preferred partnership units, limited liability company interests, Convertible Securities or other ownership or equity interests in General Partner or Borrower less customary costs and discounts of issuance paid by General Partner or Borrower, as the case may be.

  • Exercise Amount has the meaning set forth in Section 2(a).

  • Asset Sale Proceeds means, with respect to any Asset Sale,

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

  • 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.

  • Net REO Proceeds As to any REO Mortgage Loan, REO Proceeds net of any related expenses of the Servicer.

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