Maximum Put Amount definition
Maximum Put Amount means the lesser of (i) Two Hundred Fifty Thousand Dollars ($250,000), or (ii) Two Hundred Fifty percent (250%) of the average of the Dollar Volume for the twenty (20) Trading Days immediately preceding the Put Date.
Maximum Put Amount means, with respect to any Put, the lesser of (a) One Million Dollars ($1,000,000), or (b)One Hundred Fifty (150%) percent of the Weighted Average Volume for the fifteen (15) trading days immediately preceding each of the Put Date and the Closing Date.
Maximum Put Amount means that the lesser of (i) such amount that equals two hundred percent (200%) of the Average Daily Trading Volume, and (ii) Five Hundred Thousand Dollars ($500,000.00).
Examples of Maximum Put Amount in a sentence
Notwithstanding the foregoing, the Company and the Investor may agree in respect of any Put that the amount of Put Shares in respect of such Put may exceed the applicable Maximum Put Amount.
The amount of a Put corresponding to the Put Notice shall not exceed the Maximum Put Amount.
More Definitions of Maximum Put Amount
Maximum Put Amount means with respect to any Put the amount determined in accordance with the table set forth on Annex A hereto.
Maximum Put Amount means, with respect to any Put, Two Hundred Fifty (250%) percent of the Weighted Average Volume for the twenty (20) trading days immediately preceding the Put Date.
Maximum Put Amount means the lesser of (i) Five Hundred Thousand Dollars ($500,000), unless waived in writing by Investor; or (ii) ten percent (10%) of the Average Daily Prices for the twenty-two Trading Days immediately preceding the Optional Purchase Date multiplied by the reported daily trading volume of the Common Stock on the Principal Market for each such Trading Day. The Maximum Put Amount represents the aggregate of all Proportionate Shares of all Investors.
Maximum Put Amount. The dollar amount of Common Stock sold to the Investor in each Put may not be less than $20,000.00 and a maximum amount up to $500,000 in any consecutive 30-day period subject to the Volume Threshold. The Maximum Put Amount may be increased upon mutual written consent of the Company and the Investor. Puts are further limited to Investor beneficially owning no more than 4.99% of the Common Stock at any given time.
Maximum Put Amount means the amount indicated in the Table below: -------------------------------------------------------------------------------- Closing Price 30-Day Avg. 30-Day Avg. 30-Day Avg. 30-Day Avg. Daily Trading Daily Trading Daily Trading Daily Trading Volume 5,000- Volume Volume Volume 25,000 25,001-50,000 50,001-75,000 75,001-Above -------------------------------------------------------------------------------- $ 1.00 - $ 3.00 $ 100,000 $ 200,000 $ 300,000 $ 400,000 -------------------------------------------------------------------------------- $ 3.01 - $ 6.00 $ 300,000 $ 400,000 $ 500,000 $ 600,000 -------------------------------------------------------------------------------- $ 6.01 - $ 8.00 $ 500,000 $ 600,000 $ 700,000 $ 800,000 -------------------------------------------------------------------------------- $ 8.01 - $10.00 $ 700,000 $ 800,000 $ 900,000 $1,000,000 -------------------------------------------------------------------------------- $10.01 - $12.00 $ 900,000 $1,000,000 $1,100,000 $1,200,000 -------------------------------------------------------------------------------- $12.01 - $14.00 $1,100,000 $1,200,000 $1,300,000 $1,400,000 -------------------------------------------------------------------------------- $14.01 - Above $1,300,000 $1,400,000 $1,500,000 $1,600,000 --------------------------------------------------------------------------------
Maximum Put Amount means $500,000 per Put, subject ------------------- to adjustments according to the following table:
Maximum Put Amount means, with respect to any Put, the lower of (a) up to $200,000 of shares of Common Stock, and (b) 200% multiplied by the average of the Daily Trading Volume for the ten (10) Trading Days immediately preceding the Put Date.