Examples of B Exercise Price in a sentence
Notwithstanding any of the provisions of this Agreement or the several Warrant Certificates to the contrary, the Company may, at its option, issue new Warrant Certificates in such form as may be approved by its Board of Directors to reflect any adjustment or change in the Class A Exercise Price or the Class B Exercise Price or the number or kind of shares purchasable under the several Warrant Certificates made in accordance with the provisions of this Agreement.
For the avoidance of doubt and not withstanding anything contained in this Section 2 to the contrary, in no event shall the Warrant B Exercise Price be reduced to an amount less than $.01 per share.
Each Class B Warrant shall evidence the right to purchase one share of Common Stock at the Class B Exercise Price of $_____ (subject to adjustment as described herein).
Each of the Series A Exercise Price and the Series B Exercise Price may be referred to herein generically as an “Exercise Price.” For the avoidance of doubt, Warrants may be exercised solely on a net basis in the manner set forth in the immediately preceding sentence, and no Investor shall be required, or permitted, to pay any cash in connection with the exercise of Warrants.
If the Holder elects to receive the Warrant B Variable Share Amount as part of its exercise of this Warrant with respect to the Warrant B Amount, then the exercise price (the "Warrant B Exercise Price") to be ------------------------- paid by the Holder to the Corporation shall be $.01 per share of the applicable Warrant B Amount.
Notwithstanding any of the provisions of this Agreement or the several Warrant Certificates to the contrary, the Company may, at its option, issue new Warrant Certificates in such form as may be approved by its Board of Directors to reflect any adjustment or change in the Class B Exercise Price or the Class B Exercise Price or the number or kind of shares purchasable under the several Warrant Certificates made in accordance with the provisions of this Agreement.
The exercise price of any Series A Warrants, Series B Warrants or Series C Warrants issued in connection with any exercise of the Participation Right shall be the greater of (i) the issue price of the Common Shares in the Subsequent Offering, and (ii) the Initial Series A Exercise Price, Initial Series B Exercise Price or Initial Series C Exercise Price, as applicable.
The Committee may from time to time grant Tranche B2 Stock Options to purchase up to 101,245 shares of Common Stock in the aggregate and Tranche B3 Stock Options to purchase up to 61,694 shares of Common Stock in the aggregate, in each case, at the Tranche B Exercise Price.
Each Block B Warrant entitles the registered Holder of such Warrant to purchase (during the Exercise Period) one fully paid, nonassessable Warrant Share at a price per share equal to $3.00 (as such amount may be adjusted from time to time as provided herein, the "Block B Exercise Price").
The initial [Class A][Class B] Exercise Price shall be $[5.17][6.45].