Initial Warrant Price definition

Initial Warrant Price. As defined in Section 4.1 hereof.
Initial Warrant Price shall be the Exercise Price. The “Warrant Price” shall initially be the Initial Warrant Price, shall be adjusted and readjusted from time to time as provided in this Section 4 and, as so adjusted or readjusted, shall remain in effect until a further adjustment or readjustment thereof is required by this Section 4. The “Trigger Price” shall initially be $167 per share of Class A Common Stock and shall be adjusted and readjusted from time to time as provided in this Section 4 and, as so adjusted or readjusted, shall remain in effect until a further adjustment or readjustment thereof is required by this Section 4.
Initial Warrant Price means in respect of a share of Common Stock, the price at which a share of Common Stock may initially be purchased pursuant to this Warrant, which shall equal to the lower of (a) $9.45 per share, or (b) the Current Market Price of a share of the Common Stock during the thirty consecutive Trading Days prior to the Stockholders Meeting (as defined in the Securities Purchase Agreement); provided, that such price shall in no event be less than $5.50 per share (subject to adjustment from time to time as provided herein). Notwithstanding the foregoing, at any time prior to the Stockholder Approval Date, the Initial Warrant Price shall in no event be less than the price at which the maximum number of shares of Common Stock issued or issuable upon conversion of the Preferred Stock, together with shares of Common Stock issued or issuable upon conversion of the Warrants, would exceed the greater of (i) 711,241 shares of Common Stock (19.9% of the outstanding shares of Common Stock of the Company) and (ii) 19.9% of the shares of Common Stock of the Company then outstanding; provided, however, that if the Initial Warrant Price is greater than the price that would be in effect but for this sentence and, subsequently, the Company shall have obtained the Stockholder Approval, the Initial Warrant Price shall be retroactively recalculated in accordance with the first sentence of this definition of the "Initial Warrant Price."

Examples of Initial Warrant Price in a sentence

  • The "Warrant Price" shall initially be the Initial Warrant Price, shall be adjusted and readjusted from time to time as provided in this Section 2 and, as so adjusted or readjusted, shall remain in effect until a further adjustment or readjustment thereof is required by this Section 2.

  • Copies of all site-meeting minutes to the Construction Services, Project Manager and Manager of Technical Services ii.

  • The "WARRANT PRICE" shall initially be the Initial Warrant Price, shall be adjusted and readjusted from time to time as provided in this Section 3 and, as so adjusted or readjusted, shall remain in effect until a further adjustment or readjustment thereof is required by this Section 3.

  • The Initial Warrant Price or, if such price has been adjusted, the price per Share as last adjusted pursuant to the terms hereof, is referred to as the “Warrant Price” herein.

  • But, having number of deficiencies local banks have to face growing constraints of socio-economic political system on one hand spectrum and that issue and challenges of JV banks commanding sign on other spectrum.Narayan Prasad Poudel in the article “Financial Statement Analysis” (NRB Samachar Patra 2053, PP 53), pointed on the importance of Balance Sheet and Profit & Loss account.


More Definitions of Initial Warrant Price

Initial Warrant Price is defined in the preamble.
Initial Warrant Price. As defined in the introduction to this Warrant.
Initial Warrant Price means $8.00, as adjusted from time to time upon the occurrence of events described in Section 2 hereof that occur on or after the Issue Date hereof.
Initial Warrant Price means the Initial Warrant Price per Common Share set forth on the first page hereof.
Initial Warrant Price. As defined in Section 2.1 hereof. Investors: Parthenon Investors, L.P., PCIP Investors, JMH Partners Corp., Shad Run Investments, L.P., TSG Co-Investors L.L.C., The Shattan Group, LLC, Xxxxxx X. Xxxxxxx, Xxxxxxx X. Xxxxxx and G. Xxxxx Xxxxxxxxxx. Options: Rights, options or warrants to subscribe for, purchase or otherwise acquire either shares of Class A Common Stock or Convertible Securities, excluding rights, warrants and options granted on or after the Original Issue Date, to employees, officers, directors or consultants of the Company or any subsidiary thereof pursuant to any stock option plan or agreement adopted by the Board of Directors.
Initial Warrant Price. As to each portion of this Warrant that vests and becomes exercisable, [*] adjusted for any stock splits, stock dividends or other distributions retroactively back to the date of issuance of this Warrant.
Initial Warrant Price is defined in the preamble. ---------------------