Net Exercise. If a registration statement covering the shares of Common Stock that are the subject of the Notice of Exercise (the “Unavailable Warrant Shares”) is not available for the resale of such Unavailable Warrant Shares to the public or upon exercise of this Warrant in connection with a Fundamental Transaction, the Holder may elect to exercise this Warrant by receiving shares of Common Stock equal to the number of shares determined pursuant to the following formula: where,
Appears in 16 contracts
Sources: Security Agreement (General Enterprise Ventures, Inc.), Warrant Agreement (General Enterprise Ventures, Inc.), Security Agreement (General Enterprise Ventures, Inc.)
Net Exercise. If a registration statement covering the shares of Common Stock that are the subject of the Notice of Exercise (the “Unavailable Warrant Shares”) is not available for the resale of such Unavailable Warrant Shares to the public or upon exercise of this Warrant in connection with a Fundamental Transaction, the Holder may elect to exercise this Warrant by receiving shares of Common Stock equal to the number of shares determined pursuant to the following formula: X = Y (A - B) where,
Appears in 6 contracts
Sources: Warrant Agreement (General Enterprise Ventures, Inc.), Warrant Agreement (General Enterprise Ventures, Inc.), Warrant Agreement (General Enterprise Ventures, Inc.)
Net Exercise. If Commencing October 31, 2020, if a registration statement covering the shares of Common Stock that are the subject of the Notice of Exercise is not available for resale of such shares or the sale of such shares cannot occur under Rule 144(b) without volume restrictions or adequate current public information available pursuant to Rule 144 (the “Unavailable Warrant Shares”) is not available for the resale of such Unavailable Warrant Shares to the public or upon exercise of this Warrant in connection with a Fundamental Transaction, the Holder may elect to exercise this Warrant by receiving shares of Common Stock equal to the number of shares determined pursuant to the following formula: where,
Appears in 1 contract
Net Exercise. If a registration statement covering the shares of Common Stock that are the subject of the Notice of Exercise (the “Unavailable Warrant Shares”) is not available for the resale of such Unavailable Warrant Shares to the public or upon exercise of this Warrant in connection with a Fundamental Transaction, the Holder may elect to exercise this Warrant by receiving shares of Common Stock equal to the number of shares determined pursuant to the following formula: where,:
Appears in 1 contract
Net Exercise. If a registration statement covering the shares of Common Stock that are the subject of the Notice of Exercise (the “Unavailable Warrant Shares”) is not available for the resale of such Unavailable Warrant Shares to the public or upon exercise of this Warrant in connection with a Fundamental Transaction, the Holder may elect to exercise this Warrant by receiving shares of Common Stock equal to the number of shares determined pursuant to the following formula: A where,
Appears in 1 contract
Net Exercise. If a registration statement covering the shares of Common Stock that are is the subject of the Notice of Exercise (the “Unavailable Warrant Shares”) is not available for the resale of such Unavailable Warrant Shares to the public or upon exercise of this Warrant in connection with a Fundamental Transaction, the Holder may elect to exercise this Warrant by receiving shares of Common Stock equal to the number of shares determined pursuant to the following formula: where,
Appears in 1 contract