Warrant Redemption Price means the greater of (x) the appraised value of each Warrant on the date they are called for redemption (determined with reference to the "Black Scholes" or similar option pricing model) and (y) the product of the excess of (i) the Closing Price of the Common Stock on the date that the Closing Warrants and Commitment Fee Warrants are redeemed over (ii) the exercise price of the Closing Warrants and Commitment Fee Warrants.

Warrant Redemption Price means $.10 per share, subject to adjustment as hereinafter provided.

Warrant Redemption Price shall have the meaning set forth in Section 3.2(n).

Examples of Warrant Redemption Price in a sentence

In this regard, the Delegation urged the International Bureau to provide the necessary technical assistance to developing countries so as to ensure that the great disparities which existed globally in the levels of Internet penetration were redressed to allow for accessibility to the opportunities offered by the advancement in information technology.
Date of letter: 10/19/2016 Letter from: Chris Cope, UST (e-mail) Letter sent to: Bruce Bush and others Subject: Jan 2017 Authority Meetings The first Monday of the month is a Township Holiday (Jan 2 - New Year's Day).
If the conditions are satisfied, each Redeeming Aquila Warrant issued and outstanding immediately prior to the Effective Time will be deemed to be canceled and lapse in accordance with the Aquila Listed Warrant Instrument (as amended and restated to reflect the Proposed Aquila Listed Warrant Amendment) and will thereafter represent only the right to be paid the Warrant Redemption Price.
HONORABLE JUDGE LONG: I MIGHT BUTT IN BY SAYING THAT WE WENT TO SCHOOL TOGETHER OUT TO RIO AND I KNOW HE DIDN'T TOUCH ANYTHING.
The Warrant Redemption Price will be paid by the Successor Company.

More Definitions of Warrant Redemption Price

Warrant Redemption Price means $0.03 per Warrant;

Warrant Redemption Price has the meaning ascribed to it in SECTION 2.2 of the Stock Agreement.

Warrant Redemption Price means the greater of (x) the appraised value of the Warrants on the date they are required to be redeemed (determined with reference to the "Black Scholes" or similar option pricing model selected by the Purchasers) and (y) the product of (I) the difference between (if a positive number) (i) the Market Price of the Common Stock on the Share Prepayment Date and (ii) the exercise price of the Warrants and (II) the number of shares of Common Stock which would be issuable if the unexercised portion of the Warrants had been exercised in full.

Warrant Redemption Price means, on any specified date herein and in relation to the Holder in connection with the exercise of the Put Right, the Fair Market Value of this Warrant and/or the Warrant Shares, as applicable: provided, that, in the event that the Put Right is exercised for less than all of this Warrant, the Warrant Redemption Price shall be proportionately reduced so as to equitably effect the redemption of the applicable portion of this Warrant in accordance with Section 5 of this Warrant and Section 7 of Article IV(D) of the COL Notwithstanding the foregoing, in the event the Put Right is exercised by the Holder (i) at any time after the Company shall receive a bona fide offer to consummate a Liquidation Event, for so long as such offer has not been retracted and is ultimately consummated in connection with the Company's payment of the Warrant Redemption Price, or (ii) during the period starting sixty (60) days prior to the Company's Qualified IPO, then in each case, the Warrant Redemption Price shall be proportionately reduced so as to give effect to the adjustment in the number of Warrant Shares upon such Liquidation Event or Qualified IPO (as applicable) pursuant to Section 2(a) above (if any) that would have applied had such Put Right not been exercised (the "Put Right Reduction Shares"), such that the Warrant Redemption Price shall be reduced by the value of the Put Right Reduction Shares in such Liquidation

Warrant Redemption Price shall be equal to Eight Hundred Fifty Thousand and No/100 Dollars ($850,000.00); provided, however, in the event of the exercise of the Warrant on or prior to the Maturity Date pursuant to the terms hereof, the Warrant Redemption Price shall be reduced to Zero Dollars ($0.00). In the event that the Senior Lender does not consent to the payment of the Warrant Redemption Price in cash or other immediately available funds on the Maturity Date, the Company shall execute a promissory note dated as of the Maturity Date, payable to the order of Warrantholder, in a principal amount equal to the Warrant Redemption Price, having a maturity date, with respect to the entire principal balance thereof, of the Senior Indebtedness Maturity Date, bearing interest at twelve percent (12.0%) per annum, and containing such other terms and provisions as are reasonably satisfactory to Holder and Company. Concurrent with the execution of the New Note, Company shall execute an amendment to the Security Agreement providing that the collateral described in the Security Agreement secures the indebtedness evidenced by the New Note in addition to the indebtedness evidenced by the Subordinated Note.

Warrant Redemption Price means the greater of (a) the fair market value per share of the Common Stock (underlying the Warrants and/or Additional Warrants, as the case may be) to be redeemed, based upon an independent valuation conducted by a nationally recognized investment banking firm mutually agreed upon by the Holder and the Company, the cost of which will be borne by the Company; provided that the Company, the Holder and the investment banking firm shall make all fair market value determinations by (i) taking into consideration the level of executive salaries, and if excessive relative to industry standards, appropriate adjustments shall be made to the fair market value to account for such excessive salaries, but (ii) not taking into consideration any adjustments for discounts including, but not limited to, adjustments made with respect to any minority interest, lack of control, or lack of marketability; (b) an amount equal to (i) the Company's EBITDA multiplied by seven, plus (ii) cash, plus (iii) Cash Equivalents, minus (iv) funded indebtedness, divided by (v) the number of shares of Fully Diluted Capital Stock as of the date of the calculation; or (c) an amount equal to (i) the average of the previous three years of the Company's EBITDA multiplied by seven, plus (ii) cash, plus (iii) Cash Equivalents, minus (iv) funded indebtedness, divided by (v) the number of shares of Fully Diluted Capital Stock as of the date of the calculation.

Warrant Redemption Price means the subscription price paid in SEK into the Company for the exchange of the Warrants into newly issued shares in the Company prior to Closing.