Common use of Aggregate Number Clause in Contracts

Aggregate Number. Subject to the adjustments provided for in this Warrant, including Sections 3(b), and (c), for purposes of this Warrant, the “Aggregate Number” means, the number of Shares of Common Stock equal to the sum of (i) 0.50% (the “Reference Percentage”) of the Company’s issued and outstanding Common Stock as of the date of this Warrant divided by 0.995, plus (ii) the Reference Percentage of each Qualified Issuance (as hereinafter defined) divided by 0.995.

Appears in 1 contract

Sources: Note Purchase Agreement (Soluna Holdings, Inc)

Aggregate Number. Subject to the adjustments provided for in this Warrant, including Sections 3(b), and (c), for purposes of this Warrant, the “Aggregate Number” means, the number of Shares of Common Stock equal to the sum of (i) 0.500.25% (the “Reference Percentage”) of the Company’s issued and outstanding Common Stock as of the date of this Warrant divided by 0.9950.9975, plus (ii) the Reference Percentage of each Qualified Issuance (as hereinafter defined) divided by 0.9950.9975.

Appears in 1 contract

Sources: Note Purchase Agreement (Soluna Holdings, Inc)