Examples of Total Warrants in a sentence
The Issuer hereby agrees to issue and deliver to the Warrant Holder on the date hereof Warrants evidencing rights to purchase a number of shares of Common Stock equal to the Total Warrants, subject to adjustment as provided in Section 11 hereof, at any time on or before 5:00 P.M., New York City time, on the Expiration Date at a price per share equal to the Exercise Price.
In the event that the adjustments requirement by the June 30, 2009 Warrant True-Up result in a reduction in the number of Total Warrants of an Included Holder, the appropriate number of such Included Holder’s Total Warrants shall be cancelled.
The total amount of cash payable for all Company Warrants shall be referred to herein as "Total Warrants Cash Payment".
Exercise price of Exercise price of Total Warrants Outstanding$1.50 $2.00 Warrants At January 1, 2017122,563 1,675,000 1,797,563 Warrants exercised in 2017— (1,012,500) (1,012,500)At December 31, 2017122,563 662,500 785,063 Warrants exercised in 2018(122,563) (625,000) (747,563)Warrants expired in 2018— — (37,500) (37,500)At December 31, 2018— — — During 2018, 747,563 (2017 - 1,012,500) warrants were exercised for an equal amount of common shares for net proceeds of $1,434,000 (2017 - $2,025,000).
On June 30, 2009, each Included Holder’s Warrants shall be adjusted (or, in the case of the Bridge Lenders, shall be issued)(in each case, the “June 30, 2009 Warrant True-Up”) such that the number of such Included Holder’s Debenture Conversion Shares plus the number of Total Warrants held by such Included Holder immediately following such adjustment shall equal the Included Holder’s June 30 Pro-Rata Portion multiplied by 80% of the June 30 Fully Diluted Amount.