Share Combination definition

Share Combination has the meaning given to such term in Section 2.01.
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Examples of Share Combination in a sentence

  • Notwithstanding the foregoing, if one or more Share Combination Events occur prior to the Shareholder Approval being obtained and a reduction of the Exercise Price did not occur, once the Shareholder Approval is obtained, the Exercise Price will automatically be reduced to equal the lowest Event Market Price with respect to any Share Combination Event that occurred prior to the Shareholder Approval being obtained.

  • Notwithstanding the foregoing, the provisions of this Section 3(f) shall no longer be in effect and shall be considered null and void after the occurrence of one (1) adjustment of the Exercise Price upon a Share Combination Event, pursuant to this Section 3(f).

  • Notwithstanding the foregoing, if one or more Share Combination Events occur prior to the Stockholder Approval being obtained and a reduction of the Exercise Price did not occur, once the Stockholder Approval is obtained, the Exercise Price will automatically be reduced to equal the lowest Event Market Price with respect to any Share Combination Event that occurred prior to the Stockholder Approval being obtained and the number of Warrant Shares shall be proportionately adjusted pursuant to the foregoing.

  • For purposes hereof, the “Event Market Price” means, with respect to any Share Combination Event Date, the quotient determined by dividing (x) the sum of the VWAP of the Common Stock for each of the five (5) Trading Days ending and including the Trading Day immediately preceding the sixth (6th) Trading Day after such Share Combination Event Date, divided by (y) five (5).

  • If a Share Combination Event occurs prior to the Stockholder Approval Date, this Warrant shall be immediately adjusted in accordance with this Section 3(f) upon receipt of Stockholder Approval, as if such Share Combinate Event had occurred following receipt of Stockholder Approval.

  • For the avoidance of doubt, this Section 3(a) shall apply only once, in connection with the first Share Combination Event occurring following the Issuance Date.

  • No future adjustments shall be made pursuant to this Section 3(b) as a result of any future Share Combination Events.

  • For purposes hereof, the “Event Market Price” means, with respect to any Share Combination Event Date, the lowest VWAP of the Common Stock during the five (5) Trading Days ending and including the Trading Day immediately preceding the sixth (6th) Trading Day after such Share Combination Event Date.

  • Any stockholder of Base Ten who, as a result of the Share Combination, owns less than one full share of Base Ten Common Stock, shall, at the Effective Time, become entitled to be paid cash for such interest at the fair market value of the Base Ten Common Stock at the Effective Time.

  • Base Ten shall take all actions necessary to effect the Share Combination immediately preceding the Effective Time.