Maximum Number of Warrant Shares definition

Maximum Number of Warrant Shares means, initially, 15,813,847 Common Shares; provided that the Maximum Number of Warrant Shares shall be subject to adjustment as follows: (i) if a Termination Event with respect to any portion of the principal amount of any Units occurs prior to April 1, 2024, the Maximum Number of Warrant Shares will be reduced proportionately to reflect the cancellation of the Warrants attached to such aggregate principal amount of Units; (ii) if a Unit Split Date occurs with respect to a portion but not all of the aggregate principal amount of Units, the Maximum Number of Warrant Shares will be proportionately reduced by a number equal to the product of (x) the sum of (A) the number of Warrants separated as a result of the applicable Unit Split Date and (B) the number of Warrants cancelled on account of any cash paid in lieu of delivery of any fractional Warrants as provided in Section 3.08(b) of the Warrant Agreement, and (y) the then applicable Warrant Share Number (as defined in the Warrant Agreement); and (iii) the Maximum Number of Warrant Shares shall also be adjusted at the same time, and in the same manner, as the Warrant Share Number (as defined in the Warrant Agreement) is adjusted in respect of certain anti-dilution adjustments, dividends and other corporate events pursuant to Article IV of the Warrant Agreement.
Sample 1Sample 2
Maximum Number of Warrant Shares means the maximum number of Warrant Shares transferable to holders of Warrants upon exercise of the Warrants.
Sample 1
Maximum Number of Warrant Shares has the meaning set forth in Section 1 hereof, as may be increased from time to time pursuant to Section 3(c) hereof, and as may be adjusted, if appropriate, pursuant to Section 6 hereof.
Sample 1

Examples of Maximum Number of Warrant Shares in a sentence

  • The Company has applied to list or quote the Maximum Number of Warrant Shares on the primary Trading Market for the Common Stock.

  • Subject to the next two succeeding sentences, if on the Exercise Date such restriction is applicable, the Warrant shall be exercisable for a number of Warrant Shares equal to the remainder of (x) the number of shares equal to 9.9% of the Fully-Diluted Stock of the Company minus (y) the number of shares of Common Stock then owned in the aggregate by the Holder and any Affiliate (the "Maximum Number of Warrant Shares").

  • The Company hereby undertakes to seek shareholder approval, if necessary, to amend this Warrant to increase the Maximum Number of Warrant Shares.

  • If the number of Warrant Shares earned pursuant to Section 3(a) and 3(b) hereof are within Five Hundred Thousand (500,000) Warrant Shares of reaching the Maximum Number of Warrant Shares, the Holder, at its option, may require that the Company amend this Warrant to increase the Maximum Number of Warrant Shares to allow the Holder to earn more Warrant Shares for commitments of Homes Passed pursuant to Section 3(a) and 3(b) hereof.

  • Additional matters to be addressed in assessing any potential for FARMING or HORTICULTURE activities to be unreasonably or inappropriately restricted or curtailed by sensitive activities (such as future dwellings resulting as a consequence of a subdivision proposal) located in the vicinity.

  • The Company hereby agrees to use reasonable best efforts to maintain the listing or quotation of the Common Stock (including the Maximum Number of Warrant Shares) on the Trading Market on which it is currently listed.

  • If the Company fails to amend this Warrant to increase the Maximum Number of Warrant Shares at the Holder's request, the Holder will have no obligation to commit any additional Homes Passed under the Systems Access Agreement and the First Network Services Agreement, or under the Second Network Services Agreement, beyond those already committed.

  • The Company will at all times reserve and keep available, free from preemptive rights, out of the aggregate of its authorized but unissued Common Stock or its authorized and issued Common Stock held in its treasury, solely for the purpose of enabling it to satisfy any obligation to issue shares of Common Stock upon exercise of this Warrant, the Maximum Number of Warrant Shares.

  • The Company has and shall at all times reserve and keep available its Common Stock held in treasury solely for the purpose of satisfying and effecting the exercise of the Warrants the Maximum Number of Warrant Shares.

  • The Company will use its best efforts to effect and maintain the listing of the Maximum Underlying Shares and the Maximum Number of Warrant Shares on the Nasdaq Global Select Market.


More Definitions of Maximum Number of Warrant Shares

Maximum Number of Warrant Shares means the maximum number of Warrant Shares transferable to holders of Warrants upon exercise of the Warrants. “OFAC” means the Office of Foreign Assets Control. “Permitted Transfer” shall have the meaning assigned to such term in Section 4.2. “Permitted Transferee” shall have the meaning assigned to such term in Section 4.2. “Proceeding” means an action, claim, suit, investigation or proceeding (including, without limitation, an informal investigation or partial proceeding, such as a deposition), whether commenced or threatened. “Purchaser Party” shall have the meaning ascribed to such term in Section 6.19. “Required Approvals” shall have the meaning ascribed to such term in Section 3.1(c). “Rule 144” means Rule 144 promulgated by the Commission pursuant to the Securities Act, as such Rule may be amended or interpreted from time to time, or any similar rule or regulation hereafter adopted by the Commission having substantially the same purpose and effect as such Rule. “Rule 424” means Rule 424 promulgated by the Commission pursuant to the Securities Act, as such Rule may be amended or interpreted from time to time, or any similar rule or regulation hereafter adopted by the Commission having substantially the same purpose and effect as such Rule “SEC Reports” shall have the meaning ascribed to such term in Section 3.1(g). “Securities” means the Warrants and the Warrant Shares.
Sample 1
Maximum Number of Warrant Shares means, at any date, the maximum number of Warrant Shares transferable to holders of Warrants upon exercise of the Warrants. “Mutual Termination Event” has the meaning set forth in Section 6(c) hereof. “New First Lien Term Loan Facility” means the new term loan facility, to be entered into on the Closing Date, under which the Borrower shall issue the Exchange First Lien Loans. “Open Trade” means a transaction, agreement, or other arrangement, whether done through an oral or written confirmation, under which a Party to this Agreement is entitled or obligated to Transfer or receive a Transfer of any Existing Term Loans, with a trade date on or prior to the applicable date of determination. “Other Released Party” means each of: (a) the Consenting Term Lenders and each of their Affiliates; (b) the predecessors, successors, and assigns of each of the foregoing, and (c) the current and former officers, directors, members, managers, partners, employees, shareholders, agents, attorneys, financial advisors, and other representatives of each of the foregoing, in each case in their capacity as such. “Party” or “Parties” has the meaning set forth in the preamble hereof. “Permitted Transferee” has the meaning set forth in Section 7(a) hereof.
Sample 1
Maximum Number of Warrant Shares means, in the event that the Company conducts an offering of its Common Stock on its Principal Market (the "Secondary Offering") upon consummation of such first Secondary Offering after the date hereof, the Maximum Number of Warrant Shares is determined using the following formula: Maximum Number of Warrant Shares = 300,000 ------- (offering price at the Secondary Offering x .75) The number and character of such shares of Common Stock and the applicable Exercise Price per share are subject to adjustment as provided herein. As used herein the following terms, unless the context otherwise requires, have the following respective meanings:
Sample 1

Related to Maximum Number of Warrant Shares

  • Maximum Number of Shares is defined in Section 2.1.4.

  • Number of Warrants means, for a Warrant Certificate, the “Number of Warrants” specified on the face of such Warrant Certificate (or, in the case of a Global Warrant, on Schedule A to such Warrant Certificate), subject to adjustment pursuant to Article 5.

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

  • 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.

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

  • Warrant Stock means Common Stock issuable upon exercise of any Warrant or Warrants or otherwise issuable pursuant to any Warrant or Warrants.

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

  • Programme Maximum Number of ETP Securities means 1,000,000,000.

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

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

  • Number of Shares means a number of shares calculated as follows: Par / Geared Put Strike LPU rounded down to the nearest round lot as permitted by the Exchange for trading purposes, and the remaining fractional share amount (being the “Residual Amount”) shall be paid in USD as the Cash Residual; and

  • Warrant Exercise Price means $0.05 per share.

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

  • 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.

  • Maximum Number means that number of directors constituting the greater of (x) two and (y) 20% of the total number of directors of the Corporation on the last day on which a Nomination Notice may be submitted pursuant to this Section 3.11 (rounded down to the nearest whole number), which number shall be reduced as set forth in Section 3.11.c.i.

  • Number of Option Shares means shares of Stock, as adjusted from time to time pursuant to Section 9.

  • Additional Shares shall have the meaning specified in Section 14.03(a).

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

  • 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.

  • Underwriters’ Maximum Number means, for any Piggyback Registration, Demand Registration or other registration which is an underwritten registration, that number of securities to which such registration should, in the opinion of the managing underwriters of such registration in the light of marketing factors, be limited.

  • Maximum Number of Securities shall have the meaning given in subsection 2.1.4.

  • Adjustment Shares shall have the meaning set forth in Section 11(a)(ii) hereof.

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

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

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

  • Maximum Share Amount shall have the meaning set forth in Section 2.01(c).