NUMBER OF ACCRUED Clause Samples

NUMBER OF ACCRUED. WARRANT SHARES ON OR AFTER NOVEMBER , -- 1998. The number of Accrued Warrant Shares exercisable at any time on or after November , 1998 shall be determined according to the following mathematical -- formula: m ---------- l - n' - d = Number of Accrued Warrant Shares $1,000,000 where: m = the dollar amount of Corgenix Series A Convertible Preferred Stock sold through November , 1998; -- n' = (the total number of Warrant Shares represented by this Warrant --- on or after November , 1998); -- d = the number of Warrant Shares previously exercised by Holder. Notwithstanding the foregoing, if as of November , 1998, Accrued Warrant -- Shares determined under Section 3(b)(i) exist under this Warrant but are unexercised, the number of Accrued Warrant Shares exercisable under this Section 3(b)(ii) shall not be less than the number of Accrued Warrant Shares determined under Section 3(b)(i) above.
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Related to NUMBER OF ACCRUED

  • Payment of accrued interest In the case of an Interest Period longer than 3 months, accrued interest shall be paid every 3 months during that Interest Period and on the last day of that Interest Period.

  • Maximum Accrual Vacation credit may be accumulated to a maximum that can be earned in four (4) years. Further accumulation will not continue when the maximum is reached. When an employee’s vacation reaches the maximum level, and if the employee has been denied vacation during the twelve (12) months, the employee will be paid for the time denied but no more than eighty (80) hours in a pay period. 80 hours 320 hours 120 hours 480 hours 160 hours 640 hours 180 hours 720 hours 200 hours 800 hours 240 hours 960 hours

  • Maximum Total Compensation Subsection 10.1 is amended to Increase Decrease the Maximum Total Compensation from $ to $ .

  • Reallocation to a Class with a Lower Salary Range Maximum 1. If the employee meets the skills and abilities requirements of the position and chooses to remain in the reallocated position, the employee retains the existing appointment status and has the right to be placed on the Employer’s internal layoff list for the classification occupied prior to the reallocation. 2. If the employee chooses to vacate the position or does not meet the skills and abilities requirements of the position, the layoff procedure specified in Article 31 of this Agreement applies.

  • Accrued (and theretofore unpaid) interest shall be payable (i) in respect of each Base Rate Loan, quarterly in arrears on each Quarterly Payment Date, (ii) in respect of each Eurodollar Loan, on the last day of each Interest Period applicable thereto and, in the case of an Interest Period in excess of three months, on each date occurring at three month intervals after the first day of such Interest Period and (iii) in respect of each Loan, on any repayment or prepayment (on the amount repaid or prepaid), at maturity (whether by acceleration or otherwise) and, after such maturity, on demand.