The Exercise Price definition
The Exercise Price. (as defined in Section 8) and the number of shares issuable upon exercise of each Warrant are subject to adjustment upon the occurrence of certain events, all as hereinafter provided. The Warrant Certificates shall be executed on behalf of the Company by its Chairman of the Board, President or one of its Vice Presidents, and attested to by its Secretary or an Assistant Secretary. The signature of any of such officers on the Warrant Certificates may be manual or facsimile. Warrant Certificates bearing the manual or facsimile signatures of individuals who were at any time the proper officers of the Company shall bind the Company, notwithstanding that such individuals or any one of them shall have ceased to hold such offices prior to the delivery of such Warrant Certificates or did not hold such offices on the date of this Agreement.
The Exercise Price means (x) prior to the expiration of the Thirty Day Period (as defined below), $6.25 per share of Common Stock, as adjusted hereunder (the "Initial Exercise Price"), or (y) after the expiration of the Thirty Day Period, the lesser of (1) the Initial Exercise Price, as adjusted hereunder, and (2) 82.5% of the average of the daily Closing Price per share of Common Stock for the 30 consecutive trading days following the public release by the Company of its consolidated earnings statement for the fiscal year ending May 31, 1998 (the "Thirty Day Period"), subject to appropriate adjustment for the events described in Section 6.1
The Exercise Price means the price per Share payable upon the exercise of an Option (as determined in accordance with rule 3);
Examples of The Exercise Price in a sentence
The Exercise Price is subject to adjustment upon the occurrence of certain events set forth in the Warrant Agreement.
The Exercise Price and number of Warrant Shares issuable upon exercise of this Warrant are subject to adjustment from time to time as set forth in this Section 9.
The Exercise Price is subject to adjustment upon the occurrence of certain events as set forth in the Warrant Agreement.
The Exercise Price, as so adjusted, shall be readjusted in the same manner upon the happening of any successive event or events described herein in this Section 4.
The Exercise Price, the number and kind of shares or other property covered by each Right and the number of Rights outstanding are subject to adjustment from time to time as provided in this Section 11.
More Definitions of The Exercise Price
The Exercise Price means the price per Scheme Share denominated in Pounds Sterling payable on the exercise of an Option as determined under Rule 5;
The Exercise Price means the price at which the Landlord may exercise its option to terminate the Land Lease and grant the New Lease;
The Exercise Price the amount payable per Share on the exercise of an Option which amount is set forth herein;
The Exercise Price means -
(a) If the Notice of Exercise is given by Elta during the First Option period for the First Option Shares only - the sum of US $9,900,000 (nine million, nine hundred thousand US dollars);
(b) If the Notice of Exercise is given by Elta during the Second Option period for the Second Option Shares only - the sum of US $16,500,000 (sixteen million, five hundred thousand US dollars);
(c) If the Notice of Exercise is given by Elta during the First Option period for the First Option Shares and the Second Option Shares - the sum of US $26,400,000 (twenty-six million, four hundred thousand US dollars).
The Exercise Price applicable under this Warrant shall be $0.01 for each share acquired hereunder." REAFFIRMATION OF REGISTRATION RIGHTS AGREEMENT
The Exercise Price. - shall mean the price for each Share subject to the Option.
The Exercise Price the price per Share payable upon the exercise of an Option (as determined in accordance with rule 3)