Exercise Rate. The number of Shares issuable upon exercise of any Exercise Amount pursuant to Section 1.1 (the “Exercise Rate”) shall be determined by dividing (x) the Exercise Amount by (y) the Warrant Exercise Price.
Appears in 2 contracts
Sources: Investment Agreement (Management Network Group, Inc.), Common Stock Purchase Warrant (Management Network Group, Inc.)
Exercise Rate. The number of Shares issuable upon exercise of any Exercise Amount pursuant to Section 1.1 (the “"Exercise Rate”") shall be determined by dividing (x) the Exercise Amount by (y) the Warrant Exercise Price.
Appears in 2 contracts
Sources: Investment Agreement (Management Network Group Inc), Common Stock Purchase Warrant (Management Network Group, Inc.)