$16 Warrants definition
$16 Warrants means those certain warrants issued by FIHL to certain members of its management over FIHL Shares with an initial exercise price of $16 and a current exercise price of $[******];
Examples of $16 Warrants in a sentence
The "Repurchase Price" shall be equal to the sum of (A) the number of Warrants being repurchased multiplied by the respective Warrant Purchase Price for each Warrant being repurchased (I.E., $0.60 for the $12 Warrants and $0.389 for the $16 Warrants), plus (B) the number of Warrant Shares being repurchased multiplied by the difference between the respective Stock Purchase Price and the respective Warrant Purchase Price for the Warrant Shares being repurchased.