Exercise Rate definition

Exercise Rate means the number and kind of shares of capital stock of the Company which the Holder of this Warrant shall be entitled from time to time to receive for each $1,000.00 of warrant exercise payment. Unless and until an adjustment thereof shall be required as hereinafter provided, the Exercise Rate shall be 24.39 shares of Common Stock.
Exercise Rate shall have the meaning set forth in Section 11.
Exercise Rate means the number of Common Shares issuable upon exercise of the Warrants pursuant to Section 1 determined by dividing (i) $1,000 by (ii) the Exercise Price.

Examples of Exercise Rate in a sentence

  • The notice shall state the increased Exercise Rate and the period it will be in effect.

  • The Company shall give the notice at least 15 days before the date the increased Exercise Rate takes effect.

  • E = the Exercise Rate immediately prior to the Time of Determination for any such issuance, sale or distribution.

  • No adjustment in the Exercise Rate need be made unless the adjustment would require an increase or decrease of at least 1% in the Exercise Rate.

  • Whenever the Exercise Rate is so increased, the Company shall mail to holders at the addresses appearing on the Warrant Register and file with the Warrant Agent a notice of the increase.


More Definitions of Exercise Rate

Exercise Rate has the meaning set forth in Section 2.
Exercise Rate means expressed as a percentage, the amount of Account Balances generated pursuant to a SAC Promotion which is paid off by Cardholders prior to the expiration of the promotional period divided by the total volume of Card Sales generated pursuant to the SAC Promotion.
Exercise Rate shall have the meaning ascribed to such term in Section 3(c).
Exercise Rate means the number of shares of Common Stock issuable upon the exercise of the Warrant.
Exercise Rate shall have the meaning set forth in Section 11 hereof. -------------
Exercise Rate as set forth in Section 4 of this Warrant. Expiration Date: February 22, 2009.
Exercise Rate. 4.01 "Initial Warrants" Second Recital "Initial Warrant Expiration Date 3.02(b) "non-electing share" 4.05 "Partial Prepayment" 2.02 "Prepayment Fraction" 2.03 "protected purchaser" 2.11 "Stock Registrar" 3.07 "Stock Transfer Agent" 3.05 "Transfer Notice" 2.10 "Warrant" Third Recital "Warrantholder" Preamble "Warrant Registrar" 2.09