New Warrant Exercise Price definition

New Warrant Exercise Price shall be equal to the product of (i) the Exercise Price then in effect and (ii) one minus the Black Scholes Proportion.
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New Warrant Exercise Price means, with respect to New Warrants, an amount equal to the Exercise Price in effect immediately prior to the time of issuance of New Warrants multiplied by one minus the Black Scholes Proportion.
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New Warrant Exercise Price shall have the meaning provided in Section 5.
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Examples of New Warrant Exercise Price in a sentence

  • If the Company elects to make a Cash Settlement Payment, the amount of the Cash Settlement Payment will be set off against the New Warrant Exercise Price payable by the warrant holders at the time that the New Warrants are exercised.

  • The cash settlement payment is determined by multiplying the number of Additional Shares by the New Warrant Exercise Price as adjusted (a Cash Settlement Payment).

  • Each New Warrant will entitle the holder to 1 Share at the New Warrant Exercise Price.

  • Within three (3) Trading Days of any other exercise of Existing Warrants for cash, the Company shall deliver to the Holder New Warrants to purchase 0.65 shares of Common Stock for each share of Common Stock that the Holder receives upon such exercise for cash, having an initial exercise price per share equal to the New Warrant Exercise Price.

Related to New Warrant Exercise Price

  • 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.

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

  • Purchase Option Price means the amount payable by a Lessee upon the exercise of its option to purchase a related 2023-1 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 2023-1 Vehicle for which the related 2023-1 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 2023-1 Lease, (iii) an early termination fee and (iv) the Actuarial Payoff.

  • Date of Exercise means the date on which the Holder shall have delivered to the Company: (i) the Exercise Notice (with the Warrant Exercise Log attached to it), appropriately completed and duly signed and (ii) if such Holder is not utilizing the cashless exercise provisions set forth in this Warrant, payment of the Exercise Price for the number of Warrant Shares so indicated by the Holder to be purchased.