Common use of Additional Warrant Shares Clause in Contracts

Additional Warrant Shares. The maximum amount of additional Warrant Shares that each such Tag-Along Investor shall be entitled to sell, and the proposed Transferor shall be required to include in the Proposed Transfer, shall be determined by multiplying the total number of Warrant Shares, or Warrant Shares which could be acquired upon exercise of Warrants, that Tag-Along Investors could have elected to sell to the proposed purchaser but elected not to so sell (as indicated in the Tag-Along Notices), by a fraction, the numerator of which is the total number of Warrant Shares, or Warrant Shares which could be acquired upon exercise of Warrants, owned by such Tag-Along Investors electing to sell additional Warrant Shares and the denominator of which is the total number of Warrant Shares, or Warrant Shares which could be acquired upon exercise of Warrants, owned by all Tag-Along Investors who delivered Tag-Along Notices.