Current Exercise Price Sample Clauses

The 'Current Exercise Price' clause defines the specific price at which an option holder can purchase the underlying asset at any given time. This clause typically outlines how the exercise price is determined, including any adjustments due to corporate actions such as stock splits, dividends, or mergers. By clearly stating the applicable exercise price, the clause ensures both parties understand the financial terms of the option, thereby preventing disputes and providing transparency regarding the cost to exercise the option.
Current Exercise Price. The term "current exercise price" shall mean initially $0.35 per Share, subject to adjustment from time to time as hereinafter provided, in effect at any given time. In determining the current exercise price, the result shall be expressed to the nearest $.01, but any such lesser amount shall be carried forward and shall be considered at the time of and together with the next subsequent adjustment which, together with any adjustments being carried forward, shall amount to $.01 per Share or more.
Current Exercise Price. Upon the request of any Warrant Holder, the Company shall provide such Warrant Holder with the then current Exercise Price applicable to this Warrant.
Current Exercise Price. The term "exercise price", shall mean initially $1.25 per Share, subject to adjustment. For purposes of this Section 2.1, the exercise price of $1.25 shall be deemed to have become effective at the close of business on the date hereof but shall be subject to adjustment as set forth in Sections 2.2 and 2.3 hereof. The term "current exercise price" as used herein shall mean the exercise price, as the same may be adjusted from time to time as hereinafter provided, in effect at any given time. In determining the current exercise price, the result shall be expressed to the nearest $0.01, but any such lesser amount shall be carried forward and shall be considered at the time of and together with the next subsequent adjustment which, together with any adjustments to be carried forward, shall amount to $0.01 per Share or more.

Related to Current Exercise Price

  • Warrant Exercise Price 1.1 Each Warrant shall entitle the Warrant Holder the right to purchase one share of Common Stock of the Company (individually, a "Warrant Share" severally, the "Warrant Shares"). 1.2 The purchase price payable upon exercise of each Warrant ("Exercise Price") shall be $.

  • Payment of Exercise Price In the event that the holder has elected a Cash Exercise with respect to some or all of the Warrant Shares to be issued pursuant hereto, the holder shall pay the Aggregate Exercise Price in the sum of $___________________ to the Company in accordance with the terms of the Warrant.

  • Exercise Price The exercise price per share of Common Stock under this Warrant shall be $_____, subject to adjustment hereunder (the “Exercise Price”).

  • Payment of Warrant Exercise Price The Exercise Price shall be Thirty Cents ($0.30) per share ("Exercise Price"). Payment of the Exercise Price may be made by either of the following, or a combination thereof, at the election of Holder: (i) Cash Exercise: cash, certified check or cashiers check or wire transfer; or

  • Option Exercise Price The per share price to be paid by Optionee in the event of an exercise of the Option will be $ .