Warrant Share Amount means such whole number (with any fractions rounded down) as is equal to the quotient of (a) the product of (i) the Initial Term Loan (as defined in the Loan and Security Agreement dated May 23, 2011 among General Electric Capital Corporation (“GECC”), the Lenders (as defined therein), and the Company (the “Loan Agreement”)) made pursuant to the terms of the Loan Agreement, multiplied by (ii) four percent (4%), multiplied by (iii) 0.5, divided by (b) the Warrant Price. The “Warrant Price” shall initially be $81.42 per share, subject to adjustment as provided in Section 7 below.
Warrant Share Amount means, at any time, the number of Warrant Shares into which this Warrant is exercisable at such time.
Warrant Share Amount means in respect of any Warrant issued in a Closing the initial amount of shares of Common Stock for which such Warrant may be exercised and which shall be equal to the applicable Principal Amount of the Note issued to the applicable Investor in such Closing multiplied by Fifty Percent (50%) and divided by the 95% of lowest VWAP over the ten Trading Day period immediately preceding the applicable Closing Date.
Examples of Warrant Share Amount in a sentence
On the First Closing Date, upon the terms and subject to the conditions set forth herein, the Company agrees to sell, and the Purchasers, severally and not jointly, agree to purchase, up to an aggregate of $1,500,000 in principal amount of the Debentures and Warrants to purchase ADSs in an amount equal to the applicable Warrant Share Amount.
More Definitions of Warrant Share Amount
Warrant Share Amount shall have the meaning set forth in Section 2.6(a) hereof.
Warrant Share Amount has the meaning set forth in the preamble hereof.
Warrant Share Amount means a number of shares of Common Stock determined subsequent to any Dilutive Issuance equal to the difference between (i) the quotient obtained by dividing the Holder’s applicable Subscription Amount by the Base Share Price in the lowest-priced such Dilutive Issuance, rounded down to the nearest share, minus (ii) the quotient obtained by dividing the Holder’s applicable Subscription Amount by the Effective Price, rounded down to the nearest whole share, minus (iii) the number of shares that have been issued upon exercise of this Warrant following any prior Dilutive Issuance. For the avoidance of doubt, on the Issue Date of this Warrant, the Warrant Share Amount shall equal zero; and if one Dilutive Issuance is followed by a subsequent Dilutive Issuance at higher Base Share Price than the prior Dilutive Issuance, the lower Base Share Price shall apply.
Warrant Share Amount means 23,000,000 (Twenty Three Million) shares of Common Stock as such number may be adjusted pursuant to Sections 7 and 8.
Warrant Share Amount means [5,000,000 (Five Million)]*** shares of Common Stock as such number may be adjusted pursuant to Sections 7 and 9.
Warrant Share Amount means ten percent (10%) of the sum of the aggregate outstanding principal amount of the Notes held by the Holder.
Warrant Share Amount means the number of shares equal to 15,000 times a fraction, of which the denominator is $1,000,000 and the numerator is the aggregate Purchase Price of Common Stock purchased at the Closings of all purchases of Common Stock by the Investor during the Commitment Period (rounded to the nearest $100,000 increment).