Purchase Option Price means the amount payable by a Lessee upon the exercise of its option to purchase a related Vehicle which amount equals (a) with respect to a Matured Vehicle, the Contract Residual Value plus any fees, taxes and other charges imposed in connection with such purchase and (b) with respect to a related 2011-1 Vehicle for which the related 2011-1 Lease has been terminated early by the Lessee, the sum of (i) any unpaid Monthly Payments due, (ii) any fees, taxes and other charges imposed in connection with the related Lease, (iii) an early termination fee and (iv) the Actuarial Payoff.
Option Share has the meaning ascribed to it in section "4.7" hereinbelow;
Purchase Option Period As defined in Section 9.03(a) hereof.
Conversion Share means any share of Common Stock issued or issuable upon conversion of any Note.
Per Share Stock Consideration has the meaning set forth in Section 3.01(a)(i).
Purchase Option Notice As defined in Section 3.18(e).
Unit Shares has the meaning ascribed thereto in the first paragraph of this Agreement;
Common Warrant Shares means the shares of Common Stock issuable upon exercise of the Common Warrants.
Per Share Amount is defined in Section 1.1
Option Shares shall have the meaning ascribed to such term in Section 2.2(a).
Net Share Amount For any Exercise Date, a number of Shares, as calculated by the Calculation Agent, equal to (x) the product of (i) the number of Warrants being exercised or deemed exercised on such Exercise Date, (ii) the Warrant Entitlement and (iii) the excess, if any, of the Relevant Price for the Valuation Date occurring on such Exercise Date over the Strike Price (such product, the “Net Share Settlement Amount”), divided by (y) such Relevant Price.
Interest Share Amount shall have the meaning set forth in Section 2(a).
Number of Option Shares means shares of Stock, as adjusted from time to time pursuant to Section 9.
Warrant Share Delivery Date shall have the meaning set forth in Section 2(d)(i).
Option Warrants shall have the meaning ascribed to such term in Section 2.2(a).
PIPE Shares shall have the meaning given in the Recitals hereto.
Remaining Shares shall have the meaning set forth in Section 2.03(a).
Consideration Shares shall have the meaning set forth in Section 2.7(c).
Series D Preferred Shares means the Company’s series D preferred shares, par value US$0.00001 per share.
Series A Preferred Shares means the Series A Preferred Shares of the Company, par value US$0.0001 per share, with the rights and privileges as set forth in the Memorandum and Articles.
Early Preference Share Redemption Notice means a notice of early redemption of some or all of the Preference Shares given by or on behalf of the Company in accordance with Condition 6 (Notices).
Daily Share Amount means, with respect to any VWAP Trading Day, the quotient obtained by dividing (A) the excess, if any, of the Daily Conversion Value for such VWAP Trading Day over the applicable Daily Maximum Cash Amount by (B) the Daily VWAP for such VWAP Trading Day. For the avoidance of doubt, the Daily Share Amount will be zero for such VWAP Trading Day if such Daily Conversion Value does not exceed such Daily Maximum Cash Amount.
Stock Election Shares shall have the meaning set forth in Section 3.2.1.
Maximum Share Amount shall have the meaning set forth in Section 2.01(c).
Initial Share Price for a Share means the Closing Price on the Exchange (or where such Exchange does not announce or publish a Closing Price, the last traded price, or, if necessary, the mid-market price) for that Share on the Initial Valuation Date, subject to adjustments that may be made pursuant to “DESCRIPTION OF THE NOTES – Adjustments and Exceptional Circumstances”.
Series B Preferred Shares means the Series B Preferred Shares of the Company, par value US$0.0001 per share, with the rights and privileges as set forth in the Memorandum and Articles.