Minimum Exercise Price definition
Minimum Exercise Price means $1.048 (as adjusted for stock splits, stock dividends, stock combinations, recapitalizations and similar events in the manner set forth in Section 3(a)), provided, however, the Company shall have the sole right to reduce this Minimum Exercise Price, from time to time, to a price per share not contrary to the rules and regulations promulgated by the Principal Market.
Minimum Exercise Price means 50% of the Nasdaq Minimum Price (as defined in Nasdaq Listing Rule 5635(d) or its successor) calculated as of the date of the Purchase Agreement as proportionately adjusted to reflect any Stock Dividend or Splits in the manner set forth in Section 3(a).
Minimum Exercise Price means the greater of: (1) the Exercise Price and (2) the amount by which (A) the Fair Market Value per share of Common Stock exceeds (B) the Maximum Spread, each as determined as of the Close of Business of the Trading Day immediately preceding the Exercise Date.
Examples of Minimum Exercise Price in a sentence
Notwithstanding anything to the contrary in this Section 3, in no event will the Exercise Price of this Warrant be adjusted to an amount that is less than the Minimum Exercise Price other than pursuant to Sections 3(e), (f) and (i).
More Definitions of Minimum Exercise Price
Minimum Exercise Price means one hundred percent (100%) of the Fair Market Value of a Share at the time of the grant of the Option, or the par value of a Share, whichever is greater.
Minimum Exercise Price means the amount that is $.20 less than the Maximum Exercise Price.
Minimum Exercise Price means 20% of the Nasdaq Minimum Price (as defined in Nasdaq Listing Rule 5635(d) or its successor) calculated as of the date of the Purchase Agreement as proportionately adjusted to reflect any Stock Dividend or Splits in the manner set forth in Section 3(a).
Minimum Exercise Price means INR 270.10 (Indian Rupees 270.10) per Equity Share.
Minimum Exercise Price shall be equal to the product of (i) the arithmetic average of the Closing Price of the Class A Common Stock for each trading day occurring during the six month period ending on the trading date immediately preceding the Exercise Date and (ii) .825.
Minimum Exercise Price means $2.25, subject to adjustment pursuant to Section 5.1 hereof.
Minimum Exercise Price means S$0.0009 S$0.001 or such other sum as may be adjusted from time to time in accordance to these Conditions, provided always that any such adjustments shall not result in the Minimum Exercise Price falling below S$0.001”; and