Warrant Repurchase Price definition

Warrant Repurchase Price with respect to any Warrant delivered hereunder ------------------------ shall equal (A) if the average Per Share Market Value for the five Trading Days immediately preceding the date of the notice triggering a repurchase hereunder or the date of payment in full of the repurchase price calculated under Section ------- 4.5, whichever is greater, is greater than the Warrant Exercise Price, then the --- product of (1) the number of shares of Common Stock issuable upon exercise in full of such Warrant (less such number of shares of Common Stock as shall have been previously issued upon conversion of such Warrant) and (2) the average Per Share Market Value for the five Trading Days immediately preceding (a) the date of the notice triggering such repurchase or (b) the date of payment in full of the repurchase price calculated under Section 4.5, whichever is greater, less ----------- the Warrant Exercise Price; or (B) if the average Per Share Market Value for the five Trading Days immediately preceding the date of the notice triggering such repurchase or the date of payment in full of such repurchase price, whichever is greater, is less than or equal to the Warrant Exercise Price, then such amount as is determined in good faith by the Purchasers, provided that, if the Company notifies the Purchasers within 10 Business Days of its receipt of such Purchaser valuation that it disagrees with such valuation, within 10 Business Days of such Company notice, an Appraiser mutually acceptable to each of the Purchasers and the Company shall determine such amount; provided, however, if the Company and the -------- ------- Purchasers fail to appoint such mutually acceptable Appraiser within 10 Business Days of the expiration of such 10 day period, each of the Company and the Purchasers shall appoint an Appraiser, who (within 10 Business Days of such appointment) shall appoint a third Appraiser to determine conclusively the repurchase price for such Warrant, with the fees and disbursements of any such Appraiser being shared equally by the Company and the Purchasers.
Warrant Repurchase Price shall be the amount obtained by (i) multiplying (a) the number of Warrants Shares or Issued Warrant Shares subject to repurchase by (b) (1) in the event the Warrant Repurchase Price is payable to a CMII Holder, the greater of (x) the Fair Market Value per Share and (y) the Formula Price per Share or (2) in any other event, the Fair Market Value per Share and (ii) subtracting therefrom the aggregate Purchase Price for such Warrant Shares (without such subtraction in the case of repurchase of Issued Warrant Shares).
Warrant Repurchase Price shall have the meaning set forth in Section 2.5 below.

Examples of Warrant Repurchase Price in a sentence

  • Payment of the Share Repurchase Price and the Warrant Repurchase Price, as applicable, shall be made by the Company in cash (by wire transfer) to the Purchaser within the 60-day period specified above.

  • Upon Notice of Repurchase and payment of the Warrant Repurchase Price, this Warrant shall be cancelled and Holder shall have no further rights hereunder.

  • So long as the Company shall be obligated to purchase Warrants pursuant to SECTION 5, the Company shall give each holder of a Warrant, from time to time upon request by any such holder and in accordance with SECTION 13, a notice setting forth the Warrant Repurchase Price (as calculated by the chief financial officer of the Company) as in effect for the current calendar month, but without regard to any determination of the Current Market Price.

  • On the Call Closing Date, the Holder shall surrender the Warrant and all certificates for Issued Warrant Shares (specified in the Call Notice), against payment of the Warrant Repurchase Price by wire transfer to an account designated by the Holder.

  • The Warrant Repurchase Price shall be paid in full in cash within twenty calendar days following the Notice of Repurchase.

  • Upon the occurrence of any event which results in the Holder having the right to require First Washington to repurchase this Warrant, as provided in Paragraph 7 of the Warrant Agreement, First Washington shall promptly notify the Holder of such event; and First Washington shall promptly compute the Warrant Repurchase Price and furnish to the Holder a certificate, signed by the principal financial officer of First Washington, setting forth the Warrant Repurchase Price and the basis and computation thereof.

  • In addition, the plan assumes Centroc continues to implement the actions set out in the Centroc Water Security Study and the Centroc Regional Demand Management Plan.

  • In consideration of the aforesaid sale, the Company will pay to each Seller for each Repurchased Warrant sold by such Seller pursuant hereto, in immediately available funds and in accordance with Section 4, an amount per share of Common Stock represented by the Repurchased Warrants (the "Warrant Repurchase Price") equal to the Repurchase Price (as hereinafter defined) less $7.13).

  • On the Closing Date, upon payment by GalaGen of the Warrant Repurchase Price, Chiron shall surrender and deliver to GalaGen the original Warrants together with completed Forms of Assignment in the forms attached to the Warrants naming GalaGen as assignee.

  • The small individual plots (4’ x 10’) will be $50/year; the large individual plots (4’ x 20’) will be$90/year; and the ADA-accessible plots (3’x10’) will be $37.50/year.


More Definitions of Warrant Repurchase Price

Warrant Repurchase Price has the meaning specified in SECTION 5.
Warrant Repurchase Price for each Stock Unit shall be an amount equal to the PRODUCT OF the number of shares of Class A Stock then constituting a Stock Unit TIMES the higher of (i) the Current Market Price per share of Common Stock and (ii) the quotient of (A) the sum of (x) 5.6 times the amount of EBIDAT for the most recent period of 12 consecutive calendar months ending at least 31 days prior to the date upon which written notice is given to the Company by the holder of this Warrant in respect of the exercise of such holder's rights under this Section, MINUS (y) the aggregate outstanding principal amount of indebtedness for money borrowed of the Company and its consolidated subsidiaries (including without limitation indebtedness to Three Sisters Ranch Enterprises outstanding on the date of this Warrant and evidenced by promissory notes), determined in accordance with generally accepted accounting principles, as of the last day of such 12-month period (the "PUT CALCULATION DATE"), PLUS (z) the amount, if any, by which the aggregate amount of cash and cash equivalents of the Company and its consolidated subsidiaries (determined in accordance with generally accepted accounting principles, as of the Put Calculation Date) exceeds $500,000, DIVIDED BY (B) the aggregate number of shares of Common Stock outstanding on the Put Calculation Date, on a fully diluted basis (determined in accordance with generally accepted accounting principles). Payment to the holder of this Warrant under this Section shall be made on the day 60 days after the date upon which notice of exercise is given to the Company as above provided, in immediately available funds by wire transfer to such account as such holder shall specify in such notice, against surrender of this Warrant. For the purposes of this SECTION 5, (i) an amount equal to the exercise price of all options and warrants deemed exercised for purposes of determining the number of shares issued and outstanding on a fully diluted basis under subsection (B) of the preceding paragraph shall be deemed received and held, on the Put Calculation Date, by the Company in cash and (ii) proceeds to be received by the holder of this Warrant in connection with any repurchase thereof shall be net of the then effective purchase price per Stock Unit (as adjusted as provided in SECTION 4).
Warrant Repurchase Price for each Stock Unit shall be an amount equal to the PRODUCT OF the number of shares of Class A Stock then constituting a Stock Unit TIMES the higher of:
Warrant Repurchase Price means the price equal to the amount obtained by multiplying the (i) difference obtained by subtracting the Purchase Price from the Applicable Price on the date of the Warrant Repurchase Notice by (ii) the number of Warrant Shares subject to the portion of the Warrant that is being repurchased pursuant to this Section 14 or Section 16, as the case may be.

Related to Warrant Repurchase Price

  • Additional Purchase Price has the meaning provided in Section 1.2(b).

  • VWAP Purchase Price means the lesser of (i) the Closing Sale Price on the VWAP Purchase Date; or (ii) ninety-seven percent (97%) of volume weighted average price for the Common Stock traded on the Principal Market during normal trading hours on (A) the VWAP Purchase Date if the aggregate shares traded on the Principal Market on the VWAP Purchase Date have not exceeded the VWAP Purchase Share Volume Maximum and the Sale Price of Common Stock has not fallen below the VWAP Minimum Price Threshold (to be appropriately adjusted for any reorganization, recapitalization, non-cash dividend, stock split, reverse stock split or other similar transaction), or (B) the portion of the VWAP Purchase Date until such time as the sooner to occur of (1) the time at which the aggregate shares traded on the Principal Market has exceeded the VWAP Purchase Share Volume Maximum, or (2) the time at which the Sale Price of Common Stock falls below the VWAP Minimum Price Threshold (to be appropriately adjusted for any reorganization, recapitalization, non-cash dividend, stock split, reverse stock split or other similar transaction).

  • Fundamental Change Repurchase Price shall have the meaning specified in Section 15.02(a).

  • Original Purchase Price means the price paid by you for the motor vehicle or a maximum of 110% of the market value of the vehicle as defined by Glass's Guide Retail at time of purchase, whichever is the lesser (including all factory fitted accessories) and after any discount given, but does not include the cost of dealer fitted accessories, road fund licence, new vehicle registration fee, fuel, paintwork and/or upholstery protection kits, insurance premiums (including the premium for this policy), warranty premiums, any finance arrears and any such associated costs and any negative equity transferred from a previous finance agreement.

  • Redemption Call Purchase Price has the meaning provided in Section 1.4;

  • Warrant Purchase Price shall have the meaning ascribed to such term in Section 2.1(b).

  • Total Purchase Price means the aggregate amount payable by the Purchaser as set out in Appendix A of this Agreement.

  • Optional Purchase Price has the meaning set forth in Section 8.1 of the Sale and Servicing Agreement.

  • Repurchase Price means, with respect to any Loan the Book Value, adjusted to reflect changes to Book Value after Bank Closing, plus (i) any advances and interest on such Loan after Bank Closing, minus (ii) the total of amounts received by the Assuming Bank for such Loan, regardless of how applied, after Bank Closing, plus (iii) advances made by Assuming Bank, plus (iv) total disbursements of principal made by Receiver that are not included in the Book Value.

  • Closing Purchase Price shall have the meaning ascribed to such term in Section 2.1(b), which aggregate purchase price shall be net of the underwriting discounts and commissions.

  • Cash Purchase Price has the meaning set forth in Section 2.1(b).

  • Share Purchase Price shall have the meaning ascribed to such term in Section 2.1(b).

  • Fundamental Change Purchase Price has the meaning specified in Section 5.01(a).

  • the Purchase Price means the price to be paid by the Buyer to the Seller for the purchase of the Property;

  • Purchase Price Adjustment shall have the meaning specified in Section 3.02.

  • Per Share Purchase Price equals $1.00, subject to adjustment for reverse and forward stock splits, stock dividends, stock combinations and other similar transactions of the Common Stock that occur after the date of this Agreement.

  • Final Purchase Price has the meaning set forth in Section 2.02.

  • Option Purchase Price has the meaning set forth in Section 9.36(b) hereof.

  • Unit Purchase Price shall have the meaning ascribed to such term in Section 2.1(b).

  • Combined Purchase Price shall have the meaning ascribed to such term in Section 2.1(b).

  • Purchase Price Adjustment Escrow Amount means $3,000,000.

  • Purchase Option Price means the amount payable by a Lessee upon the exercise of its option to purchase a related 2023-1 Vehicle which amount equals (a) with respect to a Matured Vehicle, the Contract Residual Value plus any fees, taxes and other charges imposed in connection with such purchase and (b) with respect to a related 2023-1 Vehicle for which the related 2023-1 Lease has been terminated early by the Lessee, the sum of (i) any unpaid Monthly Payments due, (ii) any fees, taxes and other charges imposed in connection with the related 2023-1 Lease, (iii) an early termination fee and (iv) the Actuarial Payoff.

  • Current Warrant Price means, in respect of a share of Common Stock at any date herein specified, the price at which a share of Common Stock may be purchased pursuant to this Warrant on such date.

  • Stock Purchase Price has the meaning set forth in Section 2 of the Subscription Agreement.

  • Initial Conversion Price has the meaning specified in Section 13.01.