Minimum Exercise Amount definition
Examples of Minimum Exercise Amount in a sentence
The Holder may purchase all or any part of the Warrant Units purchasable upon the exercise of this Warrant during the Exercise Period, so long as the aggregate amount of Warrant Units to be purchased exceeds the Minimum Exercise Amount.
If the Common Stock is not listed on a national securities exchange on the applicable Exercise Date, the Warrantholder may only exercise this Warrant if the number of shares of Common Stock with respect to which the Warrantholder is exercising this Warrant, aggregated with the number of shares of Common Stock with respect to which the Warrantholder is exercising other warrants issued under the Warrant Agreement on the relevant Exercise Date, is no less than the Minimum Exercise Amount.
If, and only if, the Holder has satisfied the Holder’s obligation to purchase at least the Minimum Exercise Amount pursuant to Section 2.a., then the term “Expiration Date,” as used in this Agreement with respect to the Remaining Units, means the earlier of (i) December 31, 2014, and (b) sixty (60) days after the date on which the Holder has been given written notice by the Seller that Exploraciones Oceanicas, S.
Minimum Exercise Amount and Units If so indicated in the Final Terms, a Warrantholder must tender a specified number of Warrants at any one time in order to exercise or exercise Warrants in Units.
If MCEL makes an installment payment of the Purchase Option during any calendar quarter of calendar years 2007 and 2008 in an amount of cash and/or shares of MCEL Stock in excess of the Minimum Exercise Amount, then the Minimum Exercise Amount required for the immediately following calendar quarter(s) shall be reduced by the amount of such excess.