Exercise Number; Exercise Price Sample Clauses
The 'Exercise Number; Exercise Price' clause defines the specific quantity of options, rights, or securities that may be exercised under an agreement, as well as the price at which each unit can be exercised or purchased. In practice, this clause will state, for example, that a party may exercise 1,000 options at a price of $10 per share. By clearly specifying both the number of exercisable units and the associated price, this clause ensures transparency and prevents disputes regarding the terms of exercise, thereby providing certainty for both parties involved.
Exercise Number; Exercise Price. Each Warrant initially entitles its Holder to purchase from the Company one (1) (the “Exercise Number”) share of Common Stock (such share or shares of Common Stock issued or issuable upon exercise of any Warrant or Warrants, each, a “Warrant Share” and collectively, the “Warrant Shares”) for a purchase price per share of Common Stock of $40.00 (the “Exercise Price”). The Exercise Number and the Exercise Price are subject to adjustment as provided in Article II, and all references to “Exercise Number” and “Exercise Price” in this Agreement shall be deemed to include any such adjustment or series of adjustments.
Exercise Number; Exercise Price. Each Warrant initially entitles its Holder to purchase from the Company one (1) (the “Exercise Number”) share of Common Stock (such share or shares of Common Stock issued or issuable upon exercise of any Warrant or Warrants, each, a “Warrant Share” and collectively, the “Warrant Shares”) for a purchase price per share of Common Stock of (i) in the case of a Class A Warrant, $4.00, (ii) in the case of a Class B Warrant, $4.50, and (iii) in the case of a Class C Warrant, $5.00 (as applicable, the “Exercise Price”). The Exercise Number and the Exercise Price are subject to adjustment as provided in Article II, and all references to “Exercise Number” and “Exercise Price” in this Agreement shall be deemed to include any such adjustment or series of adjustments.
Exercise Number; Exercise Price. Each Warrant initially entitles its Holder to purchase from the Company [•] (the “Exercise Number”) of a Warrant Share for an exercise price per Warrant of $[•] (the “Exercise Price”). The Exercise Number and the Exercise Price are subject to adjustment as provided in Article II, and all references to “Exercise Number” and “Exercise Price” in this Agreement shall be deemed to include any such adjustment or series of adjustments.
Exercise Number; Exercise Price. Each Warrant initially entitles its Holder to purchase from the Company one (1) (the “Exercise Number”) share of Common Stock (such share or shares of Common Stock issued or issuable upon exercise of any Warrant or Warrants, each, a “Warrant Share” and collectively, the “Warrant Shares”) for a purchase price per share of Common Stock of (i) in the case of a Class A Warrant, $12.00, (ii) in the case of a Class B Warrant, $13.50, and (iii) in the case of a Class C Warrant, $15.00 (as applicable, the “Exercise Price”). The Exercise Number and the Exercise Price are subject to adjustment as provided in Article II, and all references to “Exercise Number” and “Exercise Price” in this Agreement shall be deemed to include any such adjustment or series of adjustments. Upon every adjustment of the Exercise Number or Exercise Price, the Company shall promptly thereafter give written notice thereof to the Warrant Agent in accordance with Section 2.11 hereof, and until such written notice is received by the Warrant Agent, the Warrant Agent may presume conclusively that no such adjustment has been made. The Warrant Agent shall be fully protected in relying upon any such written notice delivered in accordance with Section 2.11 hereof, and on any adjustment therein contained.
Exercise Number; Exercise Price. Each DOJ/SEC Matter Warrant entitles its Holder to purchase from the Company a fraction of a share of Common Stock (the “DOJ/SEC Matter Exercise Number”) equal to the Per Share Excess Loss Share Number, if any, in respect of the DOJ/SEC Matter (such fraction of a share of Common Stock issued or issuable upon exercise of any Warrant or Warrants, each, a “DOJ/SEC Matter Warrant Share” and collectively, the “DOJ/SEC Matter Warrant Shares”) for a purchase price per full share of Common Stock of USD$0.01 (the “Exercise Price”). Each Class Action Lawsuit Warrant entitles its Holder to purchase from the Company a fraction of a share of Common Stock (the “Class Action Lawsuit Exercise Number” and, together with the DOJ/SEC Matter Exercise Number, the “Exercise Number”) equal to the Per Share Excess Loss Share Number, if any, in respect of the Class Action Lawsuit (such fraction of a share of Common Stock issued or issuable upon exercise of any Warrant or Warrants, each, a “Class Action Lawsuit Warrant Share” and collectively, the “Class Action Lawsuit Warrant Shares” and, together with the DOJ/SEC Matter Warrant Shares, the “Warrant Shares” and each a “Warrant Share”) for a purchase price per full share of Common Stock equal to the Exercise Price. The exercise of Warrants shall be subject to the terms and conditions set out in the applicable Warrant Certificates, including the restrictions set out in paragraph 4 of the Warrant Certificates. The Exercise Number and the Exercise Price for the DOJ/SEC Matter Warrants and the Class Action Lawsuit Warrants are subject to adjustment as provided in Article II, and all references to “Exercise Number” and “Exercise Price” in this Agreement shall be deemed to include any such adjustment or series of adjustments.