First Exercise Price definition

First Exercise Price means $14.00 per share of Common Stock purchasable upon exercise of a Warrant, such First Exercise Price to be adjusted from time to time as provided herein.

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First Exercise Price means the price agreed by the Members in accordance with Section 9.06(e)(i), or in the absence of such agreement, the price determined by the Expert in accordance with Item 1 of Exhibit C.

First Exercise Price means $1.20.

Examples of First Exercise Price in a sentence

The First Exercise Price and completion of the remaining $1,000,000 in Expenditures contemplated in 2.2(d)(iii-v) above are herein collectively referred to as the “Full Option Price”.
Once the Shares are issued, the payment of $30,000 made, and Expenditures comprising the First Exercise Price have been made MAX will have earned a twenty-five percent (25%) undivided beneficial right, title and interest in and to the Property.
Unless otherwise agreed by the parties hereto, the Optionor will act as the operator of the Property if MAX pays the First Exercise Price but not the Full Option Price.
In the event that the Right Holder exercises the Third Party Business Put Right, each Member shall be entitled to receive a distribution equal to the First Exercise Price received by the Company on completion of the sale and purchase contemplated by the Notice of Exercise in proportion to their Percentage Interests as of the date the First Exercise Price is received by the Company.
When any adjustment is required to be made in the number or kind of shares purchasable upon exercise of the Warrant, or in the First Exercise Price or Second Exercise Price, the Company shall promptly notify the Holder of such event and of the number of Shares or other securities or property thereafter purchasable upon exercise of this Warrant.
No fractional shares or scrip representing fractional shares shall be issued upon the exercise of this Warrant, but in lieu of such fractional shares the Company shall make a cash payment therefor on the basis of the First Exercise Price or Second Exercise Price, as applicable, then in effect.
The amount of the First Exercise Price which the Members shall be entitled to (“Distributable First Exercise Price”) will be the balance (if any) following utilization thereof for any costs incurred directly as a result of the sale and purchase and which are the responsibility of the Company (or its Subsidiary), including internal de-mobilization or incremental, unplanned severance costs and any transaction costs.
Within sixty (60) days of the date on which the First Exercise Price or the Second Exercise Price (as the case may be) is determined in accordance with Section 9.06(e), ETR (or its Permitted Transferee) (the “Right Holder”) may (but is not required to) exercise the Third Party Business Put Right or the JV Put Right (as the case may be) by giving written notice to that effect to Enexus (or its Permitted Transferee) (the “Purchaser”) and the Company (“Notice of Exercise”).
The First Exercise Price or the Second Exercise Price (as the case may be) shall be payable by Enexus by wire transfer in immediately available funds and shall not be subject to financing.
The First Option Fee shall be credited to the First Exercise Price.

More Definitions of First Exercise Price

First Exercise Price means, in respect of each Warrant, S$1.28 for each New Share, subject to adjustment in accordance with Condition 5;

Related to First Exercise Price

Warrant Exercise Price means $0.01 per share.
Exercise Price means the initial exercise price or the adjusted exercise price, depending on the context.
Option Exercise Price means the price at which a share of Common Stock may be purchased upon the exercise of an Option.
Initial Exercise Price shall have the meaning set forth in Section 2.4.1.
Total Exercise Price shall have the meaning set forth in Section 4(a) hereof.

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