Class A Exercise Price definition

Class A Exercise Price means US$_____, as such price may be modified from time to time in accordance with the provisions herein. “Class B Warrants” has the meaning specified in the preamble. “Class B Exercise Price” means US$_____, as such price may be modified from time to time in accordance with the provisions herein. “Common Stock” means the common stock, par value $0.10 per share, of the Company and any other security exchanged or substituted for such common stock or into which such common stock is converted in any recapitalization, reorganization, merger, consolidation, share exchange or other business combination transaction, including any reclassification consisting of a change in par value or a change from par value to no par value or vice versa. “Daily Market Price” for any trading day means the volume-weighted average of the per share selling prices on the New York Stock Exchange or other principal United States securities exchange or inter-dealer quotation system on which the relevant security is then listed or quoted or, if there are no reported sales of the relevant equity security on such trading day, the average of the high bid and low ask price for the relevant equity security on the last trading day on which such sale was reported or, if there are no high bid and low ask prices, the Daily Market Price shall be the per share fair market value of the relevant equity security as determined by an investment banking firm of national reputation and standing selected by the Company and reasonably acceptable to a Majority of the Warrant Holders (in which case, only a single determination of value need be made by an investment banking firm, notwithstanding any provision in the Agreement requiring an average over more than one (1) trading day).
Class A Exercise Price means US$_____, as such price may be modified from time to time in accordance with the provisions herein.
Class A Exercise Price shall have the meaning in Section 2.3 of the Class A Option Agreement.

Examples of Class A Exercise Price in a sentence

  • Notwithstanding any of the provisions of this Agreement or the several Warrant Certificates to the contrary, the Company may, at its option, issue new Warrant Certificates in such form as may be approved by its Board of Directors to reflect any adjustment or change in the Class A Exercise Price or the Class B Exercise Price or the number or kind of shares purchasable under the several Warrant Certificates made in accordance with the provisions of this Agreement.

  • The Class L Exercise Price and the Class A Exercise Price are collectively referred to herein as "Option Prices" and individually as an "Option Price".

  • Each Class A Warrant shall evidence the right to purchase one share of Common Stock at the Class A Exercise Price of $_____ (subject to adjustment as described herein).

  • Such notice shall specify (i) the record date, if any, for the action, (ii) the facts with respect thereto as shall be reasonably necessary to indicate the effect on the Class A Exercise Price and/or Class B Exercise Price and the number, kind or class of shares or other securities or property which shall be deliverable upon exercise of any Warrants, (iii) the approximate date such action is expected to take place, and (iv) the effect, if any, of such action on the Common Stock, if any.

  • If an adjustment in Class A Exercise Price or the Class B Exercise Price made hereunder would reduce the Class A Exercise Price or the Class B Exercise Price to an amount below par value of the Common Stock, then such adjustment in Class A Exercise Price or the Class B Exercise Price made hereunder shall reduce the Class A Exercise Price or the Class B Exercise Price to the par value of the Common Stock.

  • The form of the Global Warrant Certificate need not be changed because of any adjustments in the Class A Exercise Price or Class B Exercise Price or the number or kind of the Warrant Shares, and Warrants theretofore or thereafter issued may continue to express the same price and number and kind of shares as are stated in Warrants, as initially issued.

  • Each Class A Warrant shall have a per share exercise price (the "Class A Exercise Price") equal to $0.20, subject to adjustment as provided in the Class A Warrant.

  • The Company hereby grants to Executive options to ------------- purchase (x) 229,922 shares of Class A Common ("Class A Option Shares") at an --------------------- exercise price of $0.044 per share (the "Class A Exercise Price") and (y) 25,547 ---------------------- shares of Class L Common ("Class L Option Shares" and together with the Class A --------------------- Option Shares, the "Option Shares") at an exercise price of $3.60 per share (the ------------- "Class L Exercise Price").

  • The Company hereby grants to Executive options to purchase (x) 7,500 shares of Class L Common ("Class L Option Shares") at an exercise price of $13.50 per share (the "Class L Exercise Price") and (y) 67,500 shares of Class A Common ("Class A Option Shares"; and together with the Class L Option Shares, the "Option Shares") at an exercise price of $.1667 per share (the "Class A Exercise Price").

  • The Company hereby grants to Executive options to purchase (x) 33,333 shares of Class L Common ("Class L Option Shares") at an exercise price of $13.50 per share (the "Class L Exercise Price") and (y) 300,000 shares of Class A Common ("Class A Option Shares"; and together with the Class L Option Shares, the "Option Shares") at an exercise price of $.1667 per share (the "Class A Exercise Price").


More Definitions of Class A Exercise Price

Class A Exercise Price means US $26.56, as such price may be modified from time to time in accordance with the provisions herein.
Class A Exercise Price shall have the meaning set forth in Section 2.3.
Class A Exercise Price means, as of any date, the price at which a holder may purchase the securities issuable upon exercise of one whole Class A Right. Until adjustment thereof in accordance with the terms hereof, the Exercise Price shall equal $10.00.

Related to Class A Exercise Price

  • SAR Exercise Price means the per share exercise price of a SAR granted to a Grantee under Section 9 hereof.

  • Exercise Price means the initial exercise price or the adjusted exercise price, depending on the context.

  • Initial Exercise Price shall have the meaning set forth in Section 2.4.1.

  • Aggregate Exercise Price means, in connection with the exercise of this Warrant at any time, an amount equal to the product obtained by multiplying (i) the Exercise Price times (ii) the number of shares of Common Stock for which this Warrant is being exercised at such time.

  • Warrant Exercise Price means $0.01 per share.