Examples of Class 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.
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).
The form of the Global Warrant Certificate need not be changed because of any adjustments in the Class A Exercise Price or Class B Exercise Price or the number or kind of the Warrant Shares, and Warrants theretofore or thereafter issued may continue to express the same price and number and kind of shares as are stated in Warrants, as initially issued.
Without limiting the generality of the foregoing, the Company will not increase the stated or par value per share, if any, of the Common Stock above the Class B Exercise Price in effect immediately prior to such increase in stated or par value.
Such notice shall specify (i) the record date, if any, for the action, (ii) the facts with respect thereto as shall be reasonably necessary to indicate the effect on the Class A Exercise Price and/or Class B Exercise Price and the number, kind or class of shares or other securities or property which shall be deliverable upon exercise of any Warrants, (iii) the approximate date such action is expected to take place, and (iv) the effect, if any, of such action on the Common Stock, if any.
If an adjustment in Class A Exercise Price or the Class B Exercise Price made hereunder would reduce the Class A Exercise Price or the Class B Exercise Price to an amount below par value of the Common Stock, then such adjustment in Class A Exercise Price or the Class B Exercise Price made hereunder shall reduce the Class A Exercise Price or the Class B Exercise Price to the par value of the Common Stock.
See Exh.P00156(confidential), p.2, 16.02.2016 ([REDACTED]); Exh.P00161(confidential) ([REDACTED]); Exh.P00229(confidential), p.1, row 65 ([REDACTED]); Exh.P00046(confidential), p.2, row 23 ([REDACTED])”); Exh.P00156(confidential), p.2, 17.02.2016 ([REDACTED]).
Each Class B Warrant shall evidence the right to purchase one share of Common Stock at the Class B Exercise Price of $30.30 (subject to adjustment as described herein).
Each Class C Warrant shall entitle the Holder thereof to purchase one share of Common Stock at an exercise price of $2.48 (the "Class C Exercise Price" and together with the Class A Exercise Price and Class B Exercise Price, the "Exercise Price").
The Warrant Shares shall be deemed to have been issued, and Holder or any other person so designated to be named therein shall be deemed to have become a holder of record of such shares for all purposes, as of the date the Warrant has been exercised by payment to the Company of the Class B Exercise Price, or the cancellation of shares pursuant to Section 2(c) hereof, and all taxes required to be paid by the Holder, if any, pursuant to Section 2(d)(vi) prior to the issuance of such shares, have been paid.