Common use of Right to Purchase Additional Stock Clause in Contracts

Right to Purchase Additional Stock. If, the Warrantholder's total cost of equipment leased pursuant to the Leases exceeds $500,000, Warrantholder shall have the right to purchase from the Company, at the Exercise Price (adjusted as set forth herein), an additional number of shares, which number shall be determined by (i) multiplying the amount by which the Warrantholder's total equipment cost exceeds $500,000 by 4% and (ii) dividing the product thereof by the Exercise Price per share referenced above.

Appears in 1 contract

Samples: Keynote Systems Inc

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Right to Purchase Additional Stock. If, the Warrantholder's total cost of equipment leased pursuant to the Leases exceeds $500,0001.0 million, Warrantholder shall have the right to purchase from the Company, at the Exercise Price (adjusted as set forth herein), an additional number of shares, which number shall be determined by (i) multiplying the amount by which the Warrantholder's total equipment cost exceeds $500,000 1.0 million by 4% 7%, and (ii) dividing the product thereof by the Exercise Price per share referenced above.

Appears in 1 contract

Samples: Warrant Agreement (Endocardial Solutions Inc)

Right to Purchase Additional Stock. If, at the Warrantholder's total cost of equipment leased pursuant to the Leases exceeds $500,0001,200,000.00, Warrantholder shall have the right to purchase from the Company, at the Exercise Price (adjusted as set forth herein), an additional number of shares, which number shall be determined by (i) multiplying the amount by which the Warrantholder's total equipment cost exceeds $500,000 1,200,000.00 by 4% 5%, and (ii) dividing the product thereof by the Exercise Price per share referenced above.

Appears in 1 contract

Samples: Quantum Effect Devices Inc

Right to Purchase Additional Stock. If, for any reason, the total Warrantholder's total cost of equipment leased pursuant to the Leases exceeds should exceed $500,000200,000.00, Warrantholder shall have the right to purchase from the Company, at the Exercise Price per share specified in Section 1 (adjusted which price may be subject to adjustment from time to time as set forth herein)provided for in this Section 8), an additional number of sharesshares of Series C Preferred Stock, which number shall be determined by (i) multiplying the amount by which the Warrantholder's total equipment cost exceeds $500,000 200,000.00 by 410% and (ii) dividing the product thereof by the Exercise Price per share referenced above.

Appears in 1 contract

Samples: Omnicell Com /Ca/

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Right to Purchase Additional Stock. If, the Warrantholder's total cost of equipment leased pursuant to the Leases exceeds $500,0001,000,000.00, Warrantholder shall have the right to purchase from the Company, at the Exercise Price (adjusted as set forth herein), an additional number of shares, which number shall be determined by (i) multiplying the amount by which the Warrantholder's total equipment cost exceeds $500,000 1,000,000.00 by 4% 5%, and (ii) dividing the product thereof by the Exercise Price per share referenced above.

Appears in 1 contract

Samples: Quantum Effect Devices Inc

Right to Purchase Additional Stock. If, for any reason, the total Warrantholder's total cost of equipment leased pursuant to the Leases exceeds should exceed $500,000400,000.00, Warrantholder shall have the right to purchase from the Company, at the Exercise Price per share specified in Section 1 (adjusted which price may be subject to adjustment from time to time as set forth herein)provided for in this Section 8), an additional number of shares, which number shall be determined by (i) multiplying the amount by which the Warrantholder's total equipment cost exceeds $500,000 400,000.00 by 4% 10%, and (ii) dividing the product thereof by the Exercise Price per share referenced above.

Appears in 1 contract

Samples: Lightspan Partnership Inc

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