Maximum Number of Warrant Shares definition

Maximum Number of Warrant Shares means, initially, 15,813,847 Common Shares; provided that the Maximum Number of Warrant Shares shall be subject to adjustment as follows: (i) if a Termination Event with respect to any portion of the principal amount of any Units occurs prior to April 1, 2024, the Maximum Number of Warrant Shares will be reduced proportionately to reflect the cancellation of the Warrants attached to such aggregate principal amount of Units; (ii) if a Unit Split Date occurs with respect to a portion but not all of the aggregate principal amount of Units, the Maximum Number of Warrant Shares will be proportionately reduced by a number equal to the product of (x) the sum of (A) the number of Warrants separated as a result of the applicable Unit Split Date and (B) the number of Warrants cancelled on account of any cash paid in lieu of delivery of any fractional Warrants as provided in Section 3.08(b) of the Warrant Agreement, and (y) the then applicable Warrant Share Number (as defined in the Warrant Agreement); and (iii) the Maximum Number of Warrant Shares shall also be adjusted at the same time, and in the same manner, as the Warrant Share Number (as defined in the Warrant Agreement) is adjusted in respect of certain anti-dilution adjustments, dividends and other corporate events pursuant to Article IV of the Warrant Agreement.
Sample 1Sample 2
Maximum Number of Warrant Shares means, at any date, the maximum number of Warrant Shares transferable to holders of Warrants upon exercise of the Warrants.
Sample 1
Maximum Number of Warrant Shares means, in the event that the Company conducts an offering of its Common Stock on its Principal Market (the "Secondary Offering") upon consummation of such first Secondary Offering after the date hereof, the Maximum Number of Warrant Shares is determined using the following formula: Maximum Number of Warrant Shares = 300,000 ------- (offering price at the Secondary Offering x .75) The number and character of such shares of Common Stock and the applicable Exercise Price per share are subject to adjustment as provided herein. As used herein the following terms, unless the context otherwise requires, have the following respective meanings:
Sample 1

Examples of Maximum Number of Warrant Shares in a sentence

  • If the Subscribed Shares constitutes the Maximum Number of Warrant Shares (and as the Company chooses), either (1) a Stock Certificate, or (2) a Receipt.

  • To ensure that the aggregate number of New Warrants and Private Warrants will not be exercisable for Common Shares in excess of the Maximum Number of Warrant Shares, the number of Warrants corresponding to a Unit will be calculated as the Unit Warrant Number.

  • The Company has and shall at all times reserve and keep available its Common Stock held in treasury solely for the purpose of satisfying and effecting the exercise of the Warrants the Maximum Number of Warrant Shares.

  • The Plan uses the clinical criteria included in this policy and/or EPSDT guidelines, when applicable, to determine medical necessity of HHA services.

  • The Company hereby undertakes to seek shareholder approval, if necessary, to amend this Warrant to increase the Maximum Number of Warrant Shares.

  • The Company will reserve and keep available at all times, free of preemptive rights, the Maximum Underlying Shares and the Maximum Number of Warrant Shares.

  • The Company will use its best efforts to effect and maintain the listing of the Maximum Underlying Shares and the Maximum Number of Warrant Shares on the Nasdaq Global Select Market.

  • Additional matters to be addressed in assessing any potential for FARMING or HORTICULTURE activities to be unreasonably or inappropriately restricted or curtailed by sensitive activities (such as future dwellings resulting as a consequence of a subdivision proposal) located in the vicinity.

  • At the Closing Time, the Maximum Underlying Shares and the Maximum Number of Warrant Shares shall have been approved for listing on the Nasdaq Global Select Market, subject only to official notice of issuance.

  • Journal of chemical information and modeling, 59(8):3370–3388, 2019.


More Definitions of Maximum Number of Warrant Shares

Maximum Number of Warrant Shares means the maximum number of Warrant Shares transferable to holders of Warrants upon exercise of the Warrants. “OFAC” means the Office of Foreign Assets Control. “Permitted Transfer” shall have the meaning assigned to such term in Section 4.2. “Permitted Transferee” shall have the meaning assigned to such term in Section 4.2. “Proceeding” means an action, claim, suit, investigation or proceeding (including, without limitation, an informal investigation or partial proceeding, such as a deposition), whether commenced or threatened. “Purchaser Party” shall have the meaning ascribed to such term in Section 6.19. “Required Approvals” shall have the meaning ascribed to such term in Section 3.1(c). “Rule 144” means Rule 144 promulgated by the Commission pursuant to the Securities Act, as such Rule may be amended or interpreted from time to time, or any similar rule or regulation hereafter adopted by the Commission having substantially the same purpose and effect as such Rule. “Rule 424” means Rule 424 promulgated by the Commission pursuant to the Securities Act, as such Rule may be amended or interpreted from time to time, or any similar rule or regulation hereafter adopted by the Commission having substantially the same purpose and effect as such Rule “SEC Reports” shall have the meaning ascribed to such term in Section 3.1(g). “Securities” means the Warrants and the Warrant Shares.
Sample 1
Maximum Number of Warrant Shares means, at any date, the maximum number of Warrant Shares transferable to holders of Warrants upon exercise of the Warrants. “Mutual Termination Event” has the meaning set forth in Section 6(c) hereof. “New First Lien Term Loan Facility” means the new term loan facility, to be entered into on the Closing Date, under which the Borrower shall issue the Exchange First Lien Loans. “Open Trade” means a transaction, agreement, or other arrangement, whether done through an oral or written confirmation, under which a Party to this Agreement is entitled or obligated to Transfer or receive a Transfer of any Existing Term Loans, with a trade date on or prior to the applicable date of determination. “Other Released Party” means each of: (a) the Consenting Term Lenders and each of their Affiliates; (b) the predecessors, successors, and assigns of each of the foregoing, and (c) the current and former officers, directors, members, managers, partners, employees, shareholders, agents, attorneys, financial advisors, and other representatives of each of the foregoing, in each case in their capacity as such. “Party” or “Parties” has the meaning set forth in the preamble hereof. “Permitted Transferee” has the meaning set forth in Section 7(a) hereof.
Sample 1
Maximum Number of Warrant Shares has the meaning set forth in Section 1 hereof, as may be increased from time to time pursuant to Section 3(c) hereof, and as may be adjusted, if appropriate, pursuant to Section 6 hereof.
Sample 1

Related to Maximum Number of Warrant Shares

  • Maximum Number of Shares is defined in Section 2.1.4.

  • Number of Warrants For each Component, as provided in Annex A to this Confirmation. Warrant Entitlement: One Share per Warrant

  • Warrant Shares means the shares of Common Stock issuable upon exercise of the Warrants.

  • Warrant Share Number means at any time the aggregate number of shares of Warrant Stock which may at such time be purchased upon exercise of this Warrant, after giving effect to all prior adjustments and increases to such number made or required to be made under the terms hereof.

  • Common Warrant Shares means the shares of Common Stock issuable upon exercise of the Common Warrants.

  • Warrant Stock means Common Stock issuable upon exercise of any Warrant or Warrants or otherwise issuable pursuant to any Warrant or Warrants.

  • Programme Maximum Number of ETP Securities means 1,000,000,000.

  • Warrant Share means a Common Share issuable upon exercise of one Warrant;

  • Warrant Share Delivery Date shall have the meaning set forth in Section 2(d)(i).

  • Number of Shares As specified in the placement notice substantially in the form attached to the Equity Distribution Agreement as Exhibit A (the “Placement Notice”) delivered by Counterparty to Dealer in respect of the Transaction; provided, however, that in the event that Dealer, in its commercially reasonable judgment, determines that it is unable (via the Agent) through commercially reasonable efforts to establish a commercially reasonable hedge position in such number of Shares in accordance with the Placement Notice in light of market liquidity conditions and/or the provisions of Section 3 of the Equity Distribution Agreement, the Number of Shares shall equal the aggregate number of Shares actually sold through the Agent acting as forward seller for Dealer (in connection with the establishment of a commercially reasonable hedge position) pursuant to the Equity Distribution Agreement during the period from and including the Trade Date through and including the Hedge Completion Date; provided further, however, that on each Settlement Date, the Number of Shares shall be reduced by the number of Settlement Shares settled on such date.

  • Warrant Exercise Price means $0.04 per share.

  • Pre-Funded Warrant Shares means the shares of Common Stock issuable upon exercise of the Pre-Funded Warrants.

  • Current Warrant Price means, in respect of a share of Common Stock at any date herein specified, the price at which a share of Common Stock may be purchased pursuant to this Warrant on such date.

  • Maximum Number means that number of directors constituting the greater of (x) two and (y) 20% of the total number of directors of the Corporation on the last day on which a Nomination Notice may be submitted pursuant to this Section 3.11 (rounded down to the nearest whole number), which number shall be reduced as set forth in Section 3.11.c.i.

  • Number of Option Shares means shares of Stock, as adjusted from time to time pursuant to Section 9.

  • Additional Shares shall have the meaning specified in Section 14.03(a).

  • Exercise Price means the initial exercise price or the adjusted exercise price, depending on the context.

  • Warrant Price as used in this Agreement shall mean the price per share at which shares of Common Stock may be purchased at the time a Warrant is exercised. The Company in its sole discretion may lower the Warrant Price at any time prior to the Expiration Date (as defined below) for a period of not less than twenty (20) Business Days, provided, that the Company shall provide at least twenty (20) days prior written notice of such reduction to Registered Holders of the Warrants and, provided further that any such reduction shall be identical among all of the Warrants.

  • Underwriters’ Maximum Number means, for any Piggyback Registration, Demand Registration or other registration which is an underwritten registration, that number of securities to which such registration should, in the opinion of the managing underwriters of such registration in the light of marketing factors, be limited.

  • Maximum Number of Securities shall have the meaning given in subsection 2.1.4.

  • Adjustment Shares shall have the meaning set forth in Section 11(a)(ii) hereof.

  • Exercise Price Per Share hereinafter “Exercise Price” means the exercise price with respect to all Shares acquired pursuant to each exercise of the Option).

  • Total Exercise Price shall have the meaning set forth in Section 4(a) hereof.

  • Initial Exercise Price shall have the meaning set forth in Section 2.4.1.

  • Maximum Share Amount shall have the meaning set forth in Section 2.01(c).

  • Conversion Share means any share of Common Stock issued or issuable upon conversion of any Note.