Current Exercise Price definition

Current Exercise Price means the Exercise Price immediately before the occurrence of any event, which, pursuant to this Section 3, causes an adjustment to the Exercise Price.

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Current Exercise Price means the Exercise Price immediately before the occurrence of any event, which, pursuant to Section 4.6, causes an adjustment to the Exercise Price.

Current Exercise Price means initially $0.35 per Share, subject to adjustment from time to time as hereinafter provided, in effect at any given time. In determining the current exercise price, the result shall be expressed to the nearest $.01, but any such lesser amount shall be carried forward and shall be considered at the time of and together with the next subsequent adjustment which, together with any adjustments being carried forward, shall amount to $.01 per Share or more.

Examples of Current Exercise Price in a sentence

The Company shall, upon the written request at any time of the holder of this Warrant, furnish or cause to be furnished to such holder a like certificate setting forth (a) such adjustment and readjustment, (b) the Current Exercise Price, and (c) the number of shares of Common Stock and the amount, if any, of other property which at the time would be received upon the exercise of this Warrant.
As of the Effective Time, each Warrant shall be exercisable, pursuant to the terms thereof, into the right to receive, upon due exercise thereof (including without limitation the payment of the Current Exercise Price stated therein), the Fully Diluted Per-Share Proceeds times the number of Common Shares as to which it is exercised.
To the extent all Warrants are not so exercised 6 months after the amount owing on the Buyer Note (net of any offsets as stated therein) is finally determined and paid, the Holders' Agents shall remit to the Corporation the amount payable upon due exercise of the unexercised Warrants, and thereupon the right to receive such Current Exercise Price shall be enforceable by the Corporation and the obligation to pay such Fully Diluted Per-Share Proceeds shall be enforceable against the Corporation.
No adjustment of the Current Exercise Price shall be made under this Section 3E on the issuance of any Convertible Securities that are issued pursuant to the exercise of any warrants or other subscription or purchase rights therefor, if any such adjustment shall previously have been made on the issuance of such warrants or other rights pursuant to Section 3D.
As of the Effective Time, without any further action being necessary, the right to receive such Current Exercise Price shall be enforceable by the Holders' Agents and the obligation to pay such Fully Diluted Per-Share Proceeds shall be enforceable against the Holders' Agents.
The per share exercise price calculated pursuant to this paragraph will be referred to herein as the "Current Exercise Price".

More Definitions of Current Exercise Price

Current Exercise Price means the Exercise Price, as the same may be ---------------------- adjusted from time to time pursuant to the terms of the Warrants and this Agreement, in effect at any time.

Current Exercise Price means, in respect of a share of Common Stock at any date herein specified, the Exercise Price as adjusted pursuant to Article 3.

Current Exercise Price means the Exercise Price

Current Exercise Price means the exercise price per share of a Centurion Option or an Centurion Warrant, as applicable, immediately prior to the Effective Time on the Effective Date;