Initial Warrant Exercise Price definition

Initial Warrant Exercise Price shall have the meaning set forth in Section 1(b)(iv) below.
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Initial Warrant Exercise Price means the "Purchase Price," as defined in the Warrants, on the Closing Date.
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Initial Warrant Exercise Price means the Warrant Exercise Price in effect on the Issuance Date (as defined in Section 13), subject to adjustment as provided herein.
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Examples of Initial Warrant Exercise Price in a sentence

  • Initial Warrant Exercise Price $4.00 This certifies that _______________________ is the registered holder of ________________ (_________) Warrants of Vista Energy Resources, Inc., each of which entitles the holder to purchase one Common Share of Vista Energy Resources, Inc.

  • No further adjustment of the Warrant Exercise Price and/or the Initial Warrant Exercise Price, as applicable, shall be made upon the actual issuance of such Common Stock or of such Convertible Securities upon the exercise of such Options or upon the actual issuance of such Common Stock upon conversion or exchange of such Convertible Securities.

  • Except as to the number of shares for which the Warrants are exercisable, the expiration dates of the Warrants, and the Initial Warrant Exercise Price, the terms and conditions of the Series O Warrants and Series P Warrants are otherwise identical.

  • No adjustment shall be made if such adjustment would result in an increase of the Warrant Exercise Price or the Initial Warrant Exercise Price, as applicable, then in effect.

  • In connection with the purchase of the Note by the Buyer, the Company shall issue to the Buyer at the closing on the Closing Date Warrants initially entitling the holder to purchase a number of shares of Common Stock equal to the quotient obtained by dividing $500 by the Initial Warrant Exercise Price for each $1,000 principal amount of the Note.

  • The exercise prices of Initial Warrants and Coverage Warrants are $0.025 (Initial Warrant Exercise Price) and $0.0237 (Coverage Warrant Exercise Price) respectively.

  • Upon the date of issue of this Initial Tranche of Notes to Bracknor, Bracknor also received 302,325 Warrants, calculated in accordance with the terms of the Subscription Agreement, exercisable at the Initial Warrant Exercise Price.

  • Lenders warrants to purchase a number of shares of Common Stock equal to one million (1,000,000), in substantially the form set forth on Exhibit B hereto at an initial exercise price equal to the lesser of (x) the Initial Warrant Exercise Price and (y) the average daily Volume Weighted Average Price per share of the Common Stock for the fifteen (15) consecutive Trading Day Period following the Lenders’ receipt of the applicable Disbursement Request.

  • The price at which each Warrant issued pursuant to this subsection 1(a) (an "Initial Warrant") shall be exercisable (the "Initial Warrant Exercise Price") shall be eight dollars and eighty cents ($8.80), subject to adjustment as provided herein.

  • The number of Warrant Shares that the Holder shall be entitled to receive upon each exercise hereof shall be determined by multiplying the number of Warrant Shares that would otherwise (but for the provisions of this Section 2) be issuable upon such exercise, as designated by the Holder pursuant to Section 1.1, by a fraction (a) the numerator of which is the Initial Warrant Exercise Price and (b) the denominator of which is the Warrant Exercise Price in effect on the date of such exercise.


More Definitions of Initial Warrant Exercise Price

Initial Warrant Exercise Price means the exercise price of $9.89, subject to adjustment as set forth herein.
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Initial Warrant Exercise Price shall have the same meaning as in the Securities Purchase Agreement.
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Initial Warrant Exercise Price has the meaning given to such term in the introduction to this Warrant.
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Related to Initial Warrant Exercise Price

  • Warrant Exercise Price means $0.05 per share.

  • Initial Warrant Exercise Date means __________, 1997.

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

  • 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.

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

  • 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.

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

  • 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.

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

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

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

  • 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.

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

  • SAR Exercise Price means the per share exercise price of a SAR granted to a Grantee under Section 9 hereof.

  • Aggregate Exercise Price means an amount equal to the product of (a) the number of Warrant Shares in respect of which this Warrant is then being exercised pursuant to Section 3 hereof, multiplied by (b) the Exercise Price.

  • Purchase Option Price means the amount payable by a Lessee upon the exercise of its option to purchase a related 2018-1 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 2018-1 Vehicle for which the related 2018-1 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 2018-1 Lease, (iii) an early termination fee and (iv) the Actuarial Payoff.

  • Warrant Value means the fair value of all warrants, options and other similar rights issued to a third party in connection with an Alternate Transaction, determined by using a standard Black-Scholes option-pricing model using a reasonable and appropriate expected volatility percentage based on applicable volatility data from an investment banking firm of nationally recognized reputation. Reference is made to the Common Stock Purchase Agreement dated as of May 4, 2011, (the “Purchase Agreement”) between Microvision, Inc., a corporation organized and existing under the laws of the State of Delaware (the “Company”), and Azimuth Opportunity Ltd., an international business company incorporated under the laws of the British Virgin Islands. Capitalized terms used and not otherwise defined herein shall have the meanings given such terms in the Purchase Agreement. In accordance with and pursuant to Section 3.1 of the Purchase Agreement, the Company hereby issues this Fixed Request Notice to exercise a Fixed Request for the Fixed Amount Requested indicated below. Fixed Amount Requested (if Alternative Fixed Amount Requested not selected): Alternative Fixed Amount Requested Cap (if Alternative Fixed Amount Requested is selected): Pricing Period start date: Pricing Period end date: Settlement Date: Fixed Request Threshold Price: On behalf of the Company, the undersigned hereby certifies to the Investor that (i) the above Fixed Amount Requested does not exceed the Maximum Fixed Amount Requested determined in accordance with Section 3.2 of the Purchase Agreement, (ii) the sale of Shares pursuant to this Fixed Request Notice shall not cause the Company to sell or the Investor to purchase shares of Common Stock which, when aggregated with all purchases made by the Investor pursuant to all prior Fixed Request Notices issued under the Purchase Agreement, would exceed the Aggregate Limit, and (iii) to the Company’s Knowledge, the sale of Shares pursuant to this Fixed Request Notice shall not cause the Company to sell or the Investor to purchase shares of Common Stock which would cause the aggregate number of shares of Common Stock then beneficially owned (as calculated pursuant to Section 13(d) of the Exchange Act and Rule 13d-3 promulgated thereunder) by the Investor and its Affiliates to exceed the Ownership Limitation. Dated: MICROVISION, INC. By: Name Title: Address: Facsimile No. AGREED AND ACCEPTED By: Name Title: 20 The undersigned, the [ ] of Microvision, Inc., a corporation organized and existing under the laws of the State of Delaware (the “Company”), delivers this certificate in connection with the Common Stock Purchase Agreement, dated as of May 4, 2011 (the “Agreement”), by and between the Company and Azimuth Opportunity Ltd., an international business company incorporated under the laws of the British Virgin Islands (the “Investor”), and hereby certifies on the date hereof that (capitalized terms used herein without definition have the meanings assigned to them in the Agreement):

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

  • Warrant Share Delivery Date shall have the meaning set forth in Section 2(d)(i).

  • Warrant Share means a Common Share issuable upon exercise of one Warrant;

  • New Conversion Price means the amount determined in accordance with the following formula, which shall apply from the QTE Effective Date: NCP = ECP * (VWAPAES / VWAPOS) where:

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

  • Grant Price means the price established at the time of grant of a SAR pursuant to Article 7, used to determine whether there is any payment due upon exercise of the SAR.

  • Call Warrant As defined in the recitals.

  • Closing Price Per Share means, with respect to the Common Stock, for any day, (i) the last reported sale price regular way on the Nasdaq National Market or, (ii) if the Common Stock is not quoted on the Nasdaq National Market, the last reported sale price regular way per share or, in case no such reported sale takes place on such day, the average of the reported closing bid and asked prices regular way, in either case, on the principal national securities exchange on which the Common Stock is listed or admitted to trading, or (iii) if the Common Stock is not quoted on the Nasdaq National Market or listed or admitted to trading on any national securities exchange, the average of the closing bid prices in the over-the-counter market as furnished by any New York Stock Exchange member firm selected from time to time by the Company for that purpose.