Examples of Net Issue in a sentence
Such notice will identify the Transaction price (if determinable) as the fair market value of the Common Stock, for purposes of Net Issue Exercise as described in Section 3.2.
The Issue less the Employee Reservation Portion shall constitute the Net Issue (as defined in the Red Xxxxxxx Prospectus and the Prospectus).
The Issue less the Employee Reservation Portion shall constitute the Net Issue (as defined in the Red Xxxxxxx Prospectus).
Any certificates so delivered shall be in such denominations as may be requested by the Warrantholder and shall be registered in the name of the Warrantholder or such other name as shall be designated by the Warrantholder, as specified in the Exercise Agreement or Net Issue Election Notice, if applicable.
The unsubscribed portion if any, in the Employee Reservation Portion will be added back to the Net Issue.
On or before the first (1st) business day following the Exercise Date, the Company shall transmit by facsimile an acknowledgment of confirmation of receipt of the Exercise Agreement (or Net Issue Election Notice, if applicable, pursuant to Section 18) to the Warrantholder and the Company’s transfer agent (the “Transfer Agent”).
Further, an Eligible Employee Bidding in the Employee Reservation Portion can also Bid in the Net Issue and such Bids will be treated as multiple Bids subject to applicable limits.
Pursuant to the terms of the Warrant the undersigned has (check one that applies): ¨ Delivered the aggregate Exercise Price herewith in full in cash or by certified check or wire transfer; or ¨ Elected to Net Issue Exercise as described in Section 3.2 of the Warrant.
Section 6.1(a)(ix) is hereby amended by deleting the words “with the Net Issue Proceeds of” and replacing such words with “in connection with”.