Calculation of Warrant Compensation. Subject to Sections 3(e) and 3(f), Motorola shall earn Warrants or Shares based on the amount and duration of Motorola Exposure. The number of Warrants or Shares shall be earned according to the following table, pro rated both (A) for the actual dollar amount of Motorola Exposure outstanding during each relevant period and (B) for the number of days such Motorola Exposure was outstanding during such period. The following table indicates the maximum amount of Warrants or Shares issuable for each full $100 million of Motorola Exposure, assuming such Motorola Exposure was outstanding during the entire relevant period. MOTOROLA EXPOSURE NUMBER OF SHARES PER $100 MILLION OF MOTOROLA EXPOSURE PER YEAR (PRIOR TO NOVEMBER 1, 1998) $ 0 -- $ 275,000,000 0/412,500(1) 275,000,001 -- 499,999,000 412,500 500,000,000 -- 749,999,999 637,500 750,000,000 -- (or more) 825,000 (AFTER NOVEMBER 1, 1998) $ 0 -- $275,000,000 0/412,500(1) 275,000,001 -- 499,999,999 412,500 500,000,000 -- 749,999,999 637,500 750,000,000 -- 849,999,999 825,000 850,000,000 -- 949,999,999 847,500 950,000,000 -- 1,049,999,999 877,500 MOTOROLA EXPOSURE NUMBER OF SHARES PER $100 MILLION OF MOTOROLA EXPOSURE PER YEAR 1,050,000,000 -- (or more) 900,000
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Samples: Agreement Regarding Guarantee (Iridium Facilities Corp)
Calculation of Warrant Compensation. Subject to Sections 3(e) and 3(f), Motorola shall earn Warrants or Shares based on the amount and duration of Motorola Exposure. The number of Warrants or Shares shall be earned according to the following table, pro rated both (A) for the actual dollar amount of Motorola Exposure outstanding during each relevant period and (B) for the number of days such Motorola Exposure was outstanding during such period. The following table indicates the maximum amount of Warrants or Shares issuable for each full $100 million of Motorola Exposure, assuming such Motorola Exposure was outstanding during the entire relevant period. MOTOROLA EXPOSURE NUMBER OF SHARES WARRANTS PER $100 MILLION OF MOTOROLA EXPOSURE PER YEAR (PRIOR TO NOVEMBER 1, 1998Prior to the Commercial Activation Date) $ 0 -- $ 275,000,000 0/412,500(1) 275,000,001 -- 499,999,000 412,500 500,000,000 -- 749,999,999 637,500 750,000,000 -- (or more) 825,000 (AFTER NOVEMBER 1, 1998THE COMMERCIAL ACTIVATION DATE) $ 0 -- $275,000,000 0/412,500(1) 275,000,001 -- 499,999,999 412,500 500,000,000 -- 749,999,999 637,500 750,000,000 -- 849,999,999 825,000 850,000,000 -- 949,999,999 847,500 950,000,000 -- 1,049,999,999 877,500 MOTOROLA EXPOSURE NUMBER OF SHARES PER $100 MILLION OF MOTOROLA EXPOSURE PER YEAR 1,050,000,000 -- (or more) 900,000
Appears in 1 contract
Calculation of Warrant Compensation. Subject to Sections 3(e) and 3(f), Motorola shall earn Warrants or Shares based on the amount and duration of Motorola Exposure. The number of Warrants or Shares shall be earned according to the following table, pro rated both (A) for the actual dollar amount of Motorola Exposure outstanding during each relevant period and (B) for the number of days such Motorola Exposure was outstanding during such period. The following table indicates the maximum amount of Warrants or Shares issuable for each full $100 million of Motorola Exposure, assuming such Motorola Exposure was outstanding during the entire relevant period. MOTOROLA EXPOSURE NUMBER OF SHARES WARRANTS PER $100 MILLION OF MOTOROLA EXPOSURE PER YEAR (PRIOR TO NOVEMBER 1, 1998Prior to the Commercial Activation Date) $ 0 -- $ 275,000,000 499,999,999 0/412,500(1) 275,000,001 -- 499,999,000 412,500 500,000,000 -- 749,999,999 637,500 750,000,000 -- (or more) 825,000 (AFTER NOVEMBER 1, 1998THE COMMERCIAL ACTIVATION DATE) $ 0 -- $275,000,000 0/412,500(1) 275,000,001 -- 499,999,999 412,500 500,000,000 -- 749,999,999 637,500 750,000,000 -- 849,999,999 825,000 850,000,000 -- 949,999,999 847,500 950,000,000 -- 1,049,999,999 877,500 MOTOROLA EXPOSURE NUMBER OF SHARES PER $100 MILLION OF MOTOROLA EXPOSURE PER YEAR 1,050,000,000 -- (or more) 900,000
Appears in 1 contract
Samples: And Restated Agreement Regarding Guarantee (Iridium Capital Corp)
Calculation of Warrant Compensation. Subject to Sections 3(e) and 3(f), Motorola shall earn Warrants or Shares based on the amount and duration of Motorola Exposure. The number of Warrants or Shares shall be earned according to the following table, pro rated both (A) for the actual dollar amount of Motorola Exposure outstanding during each relevant period and (B) for the number of days such Motorola Exposure was outstanding during such period. The following table indicates the maximum amount of Warrants or Shares issuable for each full $100 million of Motorola Exposure, assuming such Motorola Exposure was outstanding during the entire relevant period. MOTOROLA EXPOSURE NUMBER OF SHARES WARRANTS PER $100 MILLION OF MOTOROLA EXPOSURE PER YEAR (PRIOR TO NOVEMBER 1, 1998THE COMMERCIAL ACTIVATION DATE) $ 0 -- $ 275,000,000 0/412,500(1) 275,000,001 -- 499,999,000 412,500 500,000,000 -- 749,999,999 637,500 750,000,000 -- (or more) 825,000 (AFTER NOVEMBER 1, 1998THE COMMERCIAL ACTIVATION DATE) $ 0 -- $275,000,000 0/412,500(1) 275,000,001 -- 499,999,999 412,500 500,000,000 -- 749,999,999 637,500 750,000,000 -- 849,999,999 825,000 850,000,000 -- 949,999,999 847,500 950,000,000 -- 1,049,999,999 877,500 MOTOROLA EXPOSURE NUMBER OF SHARES PER $100 MILLION OF MOTOROLA EXPOSURE PER YEAR 1,050,000,000 -- (or more) 900,000
Appears in 1 contract
Samples: Agreement Regarding Guarantee (Iridium Facilities Corp)