Examples of Event Market Price in a sentence
For the avoidance of doubt, if only a portion of the Warrant is exercised during the Share Combination Adjustment Period, the portion of the Warrant so exercised shall adjust in accordance herein as to the Event Market Price on the date of exercise and the remaining outstanding portion of the Warrant shall adjust in accordance herein as to the Event Market Price at the completion of the Share Combination Adjustment Period (i.e., the 5th Trading Day following the Share Combination Event).
Example of Flip-in Event Market Price If a qualified Shareholder holds 100 shares, then on a Flip in Event, he or she could purchase $1000 worth of new common shares for a total purchase price of $500 or $0.50 per share which is a 50% discount to the Market Price.
If there is any share split, share dividend, share combination, recapitalization or other similar transaction involving the Common Shares (each, a “Share Combination Event”) at any time after the issuance of a Series A Warrant and the Event Market Price (as defined in the Series A Warrant) is less than the Series A Exercise Price then, on the sixteenth trading day following such Share Combination Event, the Series A Exercise Price then in effect will be reduced to the Event Market Price.
If there is any Share Combination Event at any time after the issuance of a Series B Warrant and the Event Market Price (as defined in the Series B Warrant) is less than the Series B Exercise Price then, on the sixteenth trading day following such Share Combination Event, the Series B Exercise Price then in effect will be reduced to the Event Market Price.
If there is a Share Combination Event at any time after the issuance of a Series F Warrant and the Event Market Price (as defined in the Series F Warrant) is less than the Series F Exercise Price then, on the sixteenth trading day following such Share Combination Event, the Series F Exercise Price then in effect will be reduced to the Event Market Price.