Common use of Net Share Settlement Amount Clause in Contracts

Net Share Settlement Amount. For any Settlement Date, an amount equal to the product of (i) the Number of Warrants exercised or deemed exercised on the relevant Exercise Date, (ii) the Strike Price Differential for such Exercise Date and (iii) the Warrant Entitlement.

Appears in 3 contracts

Samples: Hornbeck Offshore Services Inc /La, Hornbeck Offshore Services Inc /La, Hornbeck Offshore Services Inc /La

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Net Share Settlement Amount. For any Settlement Date, an amount equal to the product of (i) the Number of Warrants exercised or deemed exercised on the relevant Exercise Date, (ii) the Strike Price Differential for such Exercise Settlement Date and (iii) the Warrant Entitlement.

Appears in 1 contract

Samples: Hornbeck Offshore Services Inc /La

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Net Share Settlement Amount. For any Settlement Date, an amount equal to the product of (i) the Number number of Warrants exercised or deemed exercised on the relevant Exercise Date, (ii) the Strike Price Differential for such Exercise the relevant Valuation Date and (iii) the Warrant Entitlement.

Appears in 1 contract

Samples: Luminex Corp

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