Initial Exercise Price definition

Initial Exercise Price shall have the meaning set forth in Section 2.4.1.
Initial Exercise Price means $40.00 per share of Common Stock.
Initial Exercise Price for any particular Warrant, means the greater of (i) $9.00 and (ii) 120% of the VWAP for the consecutive 20 Trading Days immediately prior to the date of issuance of such Warrant.

Examples of Initial Exercise Price in a sentence

  • If the outstanding shares are combined or consolidated, by reclassification or otherwise, into a lesser number of shares, the Initial Exercise Price shall be proportionately increased.

  • The adjusted Exercise Price shall be the price which shall result from time to time from any and all adjustments of the Initial Exercise Price in accordance with the provisions of Article 7 hereof.

  • The Initial Exercise Price and/or number of Shares shall be adjusted accordingly.

  • The term "EXERCISE PRICE" herein shall mean the Initial Exercise Price or the adjusted Exercise Price, depending upon the context.

  • The new Warrant shall provide for adjustments which shall be as nearly equivalent as may be practicable to the adjustments provided for in this Article 2 including, without limitation, adjustments to the Initial Exercise Price and to the number of securities or property issuable upon exercise of the new Warrant.


More Definitions of Initial Exercise Price

Initial Exercise Price means an amount equal to $7.01 per share.
Initial Exercise Price shall be $25.00.
Initial Exercise Price in the first paragraph of the Warrant Certificate is hereby amended to read as follows: "... at the initial exercise price of U.S. $1.25 per share (the "Initial Exercise Price") ..." All other terms and provisions of the first paragraph of the Warrant Certificate shall remain unchanged.
Initial Exercise Price means $0.20 per Warrant Share, which is the fair market value per share of Common Stock as of the Issuance Date.
Initial Exercise Price means $3.75 per share of Common Stock.
Initial Exercise Price means $___ per share of Common Stock.
Initial Exercise Price means, with respect to each Warrant Certificate issued to a Holder on the Issue Date, $2.00.