Minimum Exercise Price. Notwithstanding anything to the contrary in this Section 3, in no event will the Exercise Price be adjusted to an amount that is less than the Minimum Exercise Price.
Appears in 3 contracts
Sources: Security Agreement (Faraday Future Intelligent Electric Inc.), Placement Agent Warrant (Faraday Future Intelligent Electric Inc.), Security Agreement (Faraday Future Intelligent Electric Inc.)
Minimum Exercise Price. Notwithstanding anything to the contrary in this Section 3, in no event will the Exercise Price of this Warrant be adjusted to an amount that is less than the Minimum Exercise Price.
Appears in 1 contract
Sources: Security Agreement (Faraday Future Intelligent Electric Inc.)