Net Issuance Exercise definition

Net Issuance Exercise. Date: See Section 2.2.
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Examples of Net Issuance Exercise in a sentence

  • The undersigned elects to exercise the Plain English Warrant Agreement by means of the Net Issuance Exercise method of Section 3 of the Plain English Warrant Agreement.

  • Expressed as a formula as shown below, such net issuance exercise shall be computed as follows: X = B-A / Y Where: X = the number of shares of Common Stock that may be issued to the Holder, Y = the fair market value ("FMV") of one share of Common Stock as of the Net Issuance Exercise Date, A = the aggregate Exercise Price (i.

  • A net issuance exercise pursuant to Section 2.3(b) shall be effective upon receipt by the Company of this Warrant together with the aforesaid written statement, or on such later date as is specified therein (the "Net Issuance Exercise Date"), and, at the election of the Holder hereof, may be made contingent upon the closing of the sale of the Company's Common Stock in a Public Offering.

  • Expressed as a formula as shown below, such net issuance exercise shall be computed as follows: X = B-A -- Y Where: X = the number of shares of Common Stock that may be issued to the Holder Y = the fair market value ("FMV") of one share of Common Stock as of the Net Issuance Exercise Date A = the aggregate Exercise Price (i.

  • C = the number of shares of Warrant Stock as to which this Warrant is exercisable pursuant to the provisions of this Warrant or, if only a portion of this Warrant is being exercised, the portion of this Warrant being exercised as set forth in the Notice of Net Issuance Exercise.

  • A net issuance exercise pursuant to Section 2.3(b) shall be effective upon receipt by the Company of this Warrant together with the aforesaid written statement, or on such later date as is specified therein (the "Net Issuance Exercise Date"), and, at the election of the Holder hereof may be made contingent upon the closing of the sale of the Warrant Shares in a Public Offering.

  • Expressed as a formula, such net issuance exercise shall be computed as follows: X = (B-A)/Y where X = the number of Warrant Shares issuable to the Holder thereof, Y = the FMV of one Warrant Share as of the Net Issuance Exercise Date, A = the aggregate Exercise Amount (i.e., Net Issuance Warrant Shares x Exercise Amount), B = the aggregate FMV (i.e., FMV x Net Issuance Warrant Shares).

  • To the extent that litigation involving a particular Debtor or related co-defendant has been identified, such information is contained in the Schedule for that Debtor.

  • While the fund has changed over time, OMPF remains a critical provincial funding program for many communities, some of which would be unable to operate without this funding.

  • The purchase rights granted hereunder may be exercised by Hope, in whole or in part, by surrender of a duly executed exercise notice in the form attached hereto as Exhibit A at the principal office of CTI, and by payment to CTI by Cash Exercise or Net Issuance Exercise (as defined below) with respect to the aggregate Exercise Price of the shares being purchased.

Related to Net Issuance Exercise

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

  • Make-Whole Exercise Solely for purposes of this Section 6.2, the “Redemption Fair Market Value” shall mean the volume weighted average price of the Ordinary Shares during the ten (10) trading days immediately following the date on which notice of redemption pursuant to this Section 6.2 is sent to the Registered Holders. In connection with any redemption pursuant to this Section 6.2, the Company shall provide the Registered Holders with the Redemption Fair Market Value no later than one (1) Business Day after the ten (10) trading day period described above ends. 60 months 0.261 0.281 0.297 0.311 0.324 0.337 0.348 0.358 0.361 57 months 0.257 0.277 0.294 0.310 0.324 0.337 0.348 0.358 0.361 54 months 0.252 0.272 0.291 0.307 0.322 0.335 0.347 0.357 0.361 51 months 0.246 0.268 0.287 0.304 0.320 0.333 0.346 0.357 0.361 48 months 0.241 0.263 0.283 0.301 0.317 0.332 0.344 0.356 0.361 45 months 0.235 0.258 0.279 0.298 0.315 0.330 0.343 0.356 0.361 42 months 0.228 0.252 0.274 0.294 0.312 0.328 0.342 0.355 0.361 39 months 0.221 0.246 0.269 0.290 0.309 0.325 0.340 0.354 0.361 36 months 0.213 0.239 0.263 0.285 0.305 0.323 0.339 0.353 0.361 33 months 0.205 0.232 0.257 0.280 0.301 0.320 0.337 0.352 0.361 30 months 0.196 0.224 0.250 0.274 0.297 0.316 0.335 0.351 0.361 27 months 0.185 0.214 0.242 0.268 0.291 0.313 0.332 0.350 0.361 24 months 0.173 0.204 0.233 0.260 0.285 0.308 0.329 0.348 0.361 21 months 0.161 0.193 0.223 0.252 0.279 0.304 0.326 0.347 0.361 18 months 0.146 0.179 0.211 0.242 0.271 0.298 0.322 0.345 0.361 15 months 0.130 0.164 0.197 0.230 0.262 0.291 0.317 0.342 0.361 12 months 0.111 0.146 0.181 0.216 0.250 0.282 0.312 0.339 0.361 9 months 0.090 0.125 0.162 0.199 0.237 0.272 0.305 0.336 0.361 6 months 0.065 0.099 0.137 0.178 0.219 0.259 0.296 0.331 0.361 3 months 0.034 0.065 0.104 0.150 0.197 0.243 0.286 0.326 0.361 0 months — — 0.042 0.115 0.179 0.233 0.281 0.323 0.361 The exact Redemption Fair Market Value and Redemption Date may not be set forth in the table above, in which case, if the Redemption Fair Market Value is between two values in the table or the Redemption Date is between two redemption dates in the table, the number of Ordinary Shares to be issued for each Warrant exercised in a Make-Whole Exercise shall be determined by a straight-line interpolation between the number of shares set forth for the higher and lower Redemption Fair Market Values and the earlier and later redemption dates, as applicable, based on a 365- or 366-day year, as applicable.

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

  • Cash Exercise with respect to Warrant Shares; and/or

  • Cashless Exercise Ratio means a fraction, the numerator of which is the excess of the Current Market Value per share of Common Stock on the Exercise Date over the Exercise Price per share as of the Exercise Date and the denominator of which is the Current Market Value per share of the Common Stock on the Exercise Date.

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

  • Automatic Exercise Applicable; and means that for each Expiration Date, a number of Warrants equal to the Daily Number of Warrants for such Expiration Date will be deemed to be automatically exercised at the Expiration Time on such Expiration Date.

  • Net Exercise means a Net Exercise as defined in Section 6.3(b)(iii).

  • Minimum Exercise Amount means the Minimum Exercise Amount as specified in § 1 of the Product and Underlying Data.

  • 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.

  • Warrant Exercise Price means $0.05 per share.

  • Sponsor Exercise Fair Market Value means the average last reported sale price of the Ordinary Shares for the ten (10) trading days ending on the third (3rd) trading day prior to the date on which notice of exercise of the Private Placement Warrant is sent to the Warrant Agent;

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

  • New Exercise Date means a new Exercise Date if the Administrator shortens any Offering Period then in progress.

  • Cashless Exercise means a Cashless Exercise as defined in Section 6.3(b)(i).

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

  • 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.

  • Exercise Event shall have the meaning ascribed to such term in Section 2(c).

  • Conversion Right has the meaning provided in Section 4.5(a) hereof.

  • 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;

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

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

  • Option Exercise Period has the meaning set forth in Section 6.4.

  • Notice of Exercise means a notice in writing addressed to the Company at its address first recited, which notice shall specify therein the number of Optioned Shares in respect of which the Option is being exercised;

  • Exercise Time means 5.00 p.m. (local time in Frankfurt am Main, Germany);

  • Exercise means a Holder’s right to exercise the Securities, in accordance with Product Condition 3;