Exercise Price of Warrants Sample Clauses
The Exercise Price of Warrants clause defines the specific price at which a warrant holder can purchase the underlying securities, typically shares, upon exercising the warrant. This clause details how the exercise price is determined, whether it is fixed at issuance or subject to adjustment based on certain events such as stock splits or corporate actions. By clearly establishing the cost to acquire shares through the warrant, this clause ensures transparency for both the issuer and the holder, preventing disputes and providing certainty regarding the financial terms of the warrant.
Exercise Price of Warrants. The Exercise Price (as defined in the warrant issued to the Investor pursuant to the Investment Agreement (the "Warrant")) of the Warrant is hereby amended so that the Exercise ------- Price at any time is equal to the Lowest Issue Price. Subject to the foregoing amendment, the foregoing conversion price otherwise remains subject to adjustment as provided in Section 4 of the Warrant.
Exercise Price of Warrants. The exercise price per share of the Warrants shall be $20.00, subject to equitable adjustment for stock splits, reclassifications, exchanges, reorganizations, mergers, extraordinary dividends of cash or securities and other customary events. Cashless Exercise: Cashless exercise at the option of the Holder.
Exercise Price of Warrants. The per share exercise price of the Warrants shall be the average per share price of the Company’s common stock for the five trading days preceding the Closing Date.
Exercise Price of Warrants. The Exercise Price per Warrant is € .
Exercise Price of Warrants. The per share exercise price of the Warrants shall be $1.00.
Exercise Price of Warrants. The Exercise price of all common stock purchase warrants previously issued to the Funds, including, without limitation, (i) the common stock purchase warrants issued in connection with all financing transactions preceding the April Agreement, and (ii) the common stock purchase warrants issued in connection with the April Agreement and Equity Agreement, is hereby reset at two dollars ($2.00) per share (subject to the remaining provisions contained therein for adjustments based upon stock splits, reorganizations and related events).
Exercise Price of Warrants. As a material inducement for the Midtown Holders to enter into this Agreement and as a material part of the consideration, the Company, at the Closing (as defined below), shall deliver to each Midtown Holder, or cause to be delivered, Warrants registered in the name of the Midtown Holder to purchase up to the same number of warrants as the Midtown Holder would have otherwise been entitled to purchase, as of the date this Agreement, under their respective Old Warrants with a new exercise price equal to $0.20. The Term “Warrants” herein shall mean, collectively, the Common Stock purchase warrants delivered in accordance with this section, exercisable immediately and that have a term of 5 years from the date first set forth above. They shall be issued in the form of Exhibit A attached hereto, and the number of Warrants each Midtown Holder shall receive is listed and agreed to on each Midtown Holder’s respective signatory page.
Exercise Price of Warrants. The registered holder of any Warrant Certificate may exercise the Warrants evidenced thereby, in whole or in part and in accordance with the provisions of Section 9, at any time after the date of this Agreement, upon surrender of the Warrant Certificate with the form of election to purchase on the reverse side thereof duly executed, to the Warrant Agent at the Warrant Agent Office, together with payment of the purchase price for each share of Common Stock as to which the Warrants are exercised, at or prior to 5:00 p.m. (New York City time) on the earlier to occur of (i) the tenth anniversary date of the date of this Agreement or (ii) the date on which all obligations of the Company and the Subsidiary Guarantors under the Indenture and the Senior Notes are satisfied in full (such earlier date, the "Expiration Date"), at which time all rights evidenced by the Warrant Certificates shall cease and the Warrants shall become void.
Exercise Price of Warrants. The exercise price for each warrant -------------------------- issued hereunder shall be equal to the closing price of the Company's Common Stock on the Nasdaq National Market on the Calculation Date.
Exercise Price of Warrants. (a) The registered holder of any Warrant Certificate may exercise the Warrants evidenced thereby, in whole or in part and in accordance with the provisions of Section 9, at any time after the date of this Agreement, upon surrender of the Warrant Certificate with the form of election to purchase on the reverse side thereof duly executed, to the Warrant Agent at the Warrant Agent Office, together with payment of the purchase price for each share of Common Stock as to which the Warrants are exercised, at or prior to 5:00 p.m. (New York City time) on the earlier to occur of (i) the tenth anniversary date of the date of this Agreement or (ii) the date on which all obligations of the Company and the Subsidiary Guarantors under the Indenture and the Senior Notes are satisfied in full (such earlier date, the “Expiration Date”), at which time all rights evidenced by the Warrant Certificates shall cease and the Warrants shall become void.
(b) The purchase price for each share of Common Stock pursuant to the exercise of a Warrant (the “Exercise Price”) shall initially be $9.10 and shall be subject to adjustment as provided in the following sub-clauses (c) and (d) and in Section 7 hereof and shall be payable in lawful money of the United States of America.
(c) Each time prior to the second anniversary of the date of this Agreement that one or more persons or entities purchases Common Stock or Common Stock Equivalents in the Company in a single transaction or in a series of related transactions (the “Equity Buy-In”) for a purchase price equal to or greater than $15 million in the aggregate, the Exercise Price shall be adjusted to a price equal to the product of (i) (A) in cases where the security issued in connection with the Equity Buy-In is Common Stock, the per share consideration paid in connection the Equity Buy-In or (B) in cases where the security issued in connection with the Equity Buy-In is a Common Stock Equivalent (as defined below), the per share consideration for which additional shares of Common Stock may be issuable thereafter pursuant to such Common Stock Equivalent and (ii) 1.10. The purchase price per share of Common Stock issued or issuable in connection with an Equity Buy-In shall not be more than 300% of the Average Market Price immediately prior to such Equity Buy-In. In the event that the consideration delivered to the Company in connection with an Equity Buy-In is other than cash, the Company shall engage an investment banking firm or an accoun...