Examples of Underlying Stock in a sentence
Any unexercised Warrants shall expire and the rights of the Holders of such Warrants to purchase Underlying Stock shall terminate at the close of business on the Expiration Date.
The Company covenants that it will at all times ensure that the directors of the Company have the requisite authority to issue and allot, free from preemptive rights, such number of Ordinary Shares or other Underlying Stock as shall then be issuable upon the exercise of all Warrants issued hereunder.
So long as the Underlying Stock is that of Xxxx Corporation and the Required Stockholder Approval has not been obtained, no A-Warrant shall be exercisable for more than a number of shares of Common Stock equal to a fraction, whose numerator shall be the Total Cap and whose denominator shall be 6,389,378 (the “Per Warrant Cap”).
Daily Settlement Price The official closing price of the Underlying Stock on Oslo Børs each day adjusted for Fair Value.
Except as otherwise expressly provided herein, all adjustments to the Exercise Price, the number of shares of Underlying Stock or the type and amount of cash, securities or other property issuable upon the exercise of the Warrants shall apply to all Warrants outstanding as of the effective date of such adjustment, whether vested or unvested.