Examples of Optional Amount Notice in a sentence
If granted by the Company to the Investor with respect to a Pricing Period, all or any portion of the Optional Amount may be exercised by the Investor on any Trading Day during the Pricing Period, subject to the limitations set forth in Section 2.9. As a condition to each exercise of an Optional Amount pursuant to this Section 2.11, the Investor shall issue an Optional Amount Notice to the Company no later than 8:00 p.m. (New York time) on the day of such Optional Amount exercise.
The Investor may also elect to exercise any portion of the applicable Optional Amount which was unexercised during the reduced Pricing Period by issuing an Optional Amount Notice to the Company not later than 10:00 a.m. (New York time) on the first Trading Day next following the last Trading Day of the reduced Pricing Period.
The number of shares of Common Stock to be issued in connection with the exercise of an Optional Amount shall be the quotient determined pursuant to the following equation (rounded to the nearest whole Share): O = A/(B x C), where: O = the number of shares of Common Stock to be issued in connection with such Optional Amount exercise, A = the Optional Amount Exercise Amount with respect to which the Investor has delivered an Optional Amount Notice, B = 0.94, and C = the Optional Amount Floor Price.
Any notice to the Investor may also be given to an address specified by the Investor on any Optional Amount Notice or Confirmation Notice until the Investor provides written notice of a change to such address to the Company.
As a condition to each exercise of an Optional Amount pursuant to this Section 2.12, the Investor shall issue an Optional Amount Notice to the Company no later than 8:00 p.m. (New York time) on the day of such Optional Amount exercise.
The Investor may also elect to exercise any portion of the applicable Optional Amount which was unexercised during the reduced Pricing Period by issuing an Optional Amount Notice to the Company not later than 10:00 a.m. (New York City time) on the first Trading Day next following the last Trading Day of the reduced Pricing Period.
As a condition to each exercise of an Optional Amount pursuant to this Section 2.11, the Investor shall issue an Optional Amount Notice to the Company no later than 8:00 p.m. (New York City time) on the day of such Optional Amount exercise.