Reset Process. The Maximum Eligibility Number shall be increased (but not decreased) on the Reset Date to equal the Reset Share Amount, subject to adjustment for any prior exercises pursuant to Section 3.2.2 or any partial resets pursuant to Section 3.2.3, as applicable.
Appears in 4 contracts
Sources: Warrant Agreement (Zoomcar Holdings, Inc.), Series B Pipe Common Warrant (Zoomcar Holdings, Inc.), Series B Pipe Common Warrant (Zoomcar Holdings, Inc.)
Reset Process. The Maximum Eligibility Number shall be increased (but not decreased) on the Reset Date to equal the Reset Share Amount, subject to adjustment for any prior exercises pursuant to Section 3.2.2 or any partial resets pursuant to Section 3.2.3, as 3.2.3 .as applicable.
Appears in 1 contract
Reset Process. The On the Reset Date, the Maximum Eligibility Number shall be increased (but not decreased) on the Reset Date to equal the Reset Share Amount, subject to adjustment for any prior exercises pursuant to Section 3.2.2 or any partial resets pursuant to Section 3.2.3, as applicable3(b)(ii).
Appears in 1 contract
Sources: Class B Ordinary Share Purchase Warrant (WANG & LEE GROUP, Inc.)