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Common use of Exercise Price of Warrants Clause in Contracts

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.

Appears in 2 contracts

Sources: Subordinated Convertible Note Purchase Agreement (Technoconcepts, Inc.), Subordinated Convertible Note Purchase Agreement (Technoconcepts, Inc.)

Related Clauses

  • Exercise Price
  • Adjustments of Exercise Price and Number of Warrant Shares
  • ADJUSTMENT OF EXERCISE PRICE AND NUMBER OF WARRANT SHARES
  • Adjustment of Exercise Price and Number of Warrant Shares Issuable
  • Adjustment of Number of Warrant Shares and Exercise Price

Parent Clauses

  • Adjustment of Notes and Warrants
  • Warrants
  • Issuance of Warrants

Sub-Clauses

  • Number of Warrants that may be exercised during the Exercise Period
  • Vesting of the Warrants
  • Exercisability of the Warrants
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