Stated Purchase Price definition

Stated Purchase Price means the purchase price to be paid upon exercise of this Warrant in accordance with the terms hereof, which price initially shall be US $0.001 per share of Common Stock. The Stated Purchase Price shall be subject to adjustment from time to time pursuant to the provisions of Sections 5 and 6 hereof.

Stated Purchase Price means the purchase price to be paid upon exercise of this Warrant in accordance with the terms hereof, which price initially shall be $2.1939 per share of Warrant Stock. The Stated Purchase Price shall be subject to adjustment from time to time pursuant to the provisions hereof.

Stated Purchase Price means the purchase price to be paid upon exercise of this Warrant in accordance with the terms hereof, which price initially shall be $1.00 per share of Common Stock. The Stated Purchase Price shall be subject to adjustment from time to time pursuant to the provisions of Section 4 below. “Warrant Expiration Date” means 5:00 p.m., New York City time, on the fifth anniversary of the original date of issuance of the Warrant. If pursuant to the above the Warrant Expiration Date would be a Saturday, Sunday or legal holiday in the State of Utah, then the Warrant Expiration Date shall be the next succeeding date that is not a Saturday, Sunday or legal holiday.

Examples of Stated Purchase Price in a sentence

• With respect to any fraction of a share called for upon any exercise hereof, such fraction shall neither be issued nor extinguished until the final exercise of this Warrant, in which event if a fraction is issuable, the Company shall pay to the Holder an amount in cash equal to such fraction multiplied by the Stated Purchase Price, as adjusted to date pursuant to Section 5 or 6.

• Upon any adjustment or other change relating to the Stated Purchase Price or the securities purchasable upon the exercise of this Warrant, then, and in each such case, the Company shall promptly prepare and deliver to Holder notice, setting forth, in reasonable detail, the event requiring the adjustment and the method by which such adjustment was calculated.

• The intuition behind this result is that it must be the case that a shock that reduces demand must be met by a decrease in supply in equilibrium.

• No change in the number or nature of the securities purchasable upon the exercise of this Warrant, or the Stated Purchase Price therefor, or the acceleration of the Warrant Expiration Date, will be made without the consent in writing of the holder of this Warrant, other than such changes as are specifically prescribed by this Warrant as originally executed.

• In any such case appropriate provisions shall be made with respect to the rights and interest of the holder of this Warrant so that the provisions hereof shall thereafter be applicable with respect to any shares of stock or other securities and property deliverable upon exercise hereof, and appropriate adjustments shall be made to the Stated Purchase Price per share of Warrant Stock, provided the aggregate Stated Purchase Price shall remain the same.

More Definitions of Stated Purchase Price

Stated Purchase Price means the purchase price to be paid upon exercise of this Warrant in accordance with the terms hereof, which price initially shall be $2.00 per share of Common Stock. The Stated Purchase Price shall be subject to adjustment from time to time pursuant to the provisions of Section 4 below. “Warrant Expiration Date” means 5:00 p.m., New York City time, on the third anniversary of the date hereof. If pursuant to the above the Warrant Expiration Date would be a Saturday, Sunday or legal holiday in the State of Utah, then the Warrant Expiration Date shall be the next succeeding date that is not a Saturday, Sunday or legal holiday.

Stated Purchase Price means the purchase price to be paid upon exercise of this Warrant in accordance with the terms hereof, which price initially shall be $0.25

Stated Purchase Price means that portion of the Purchase Price that is stated in Section 4.1(a)(i).

Stated Purchase Price means the purchase price to be paid upon exercise of this Warrant in accordance with the terms hereof, which price initially shall be $2.20 per share of Common Stock. The Stated Purchase Price shall be subject to adjustment from time to time pursuant to the provisions of Section 4 below. “Warrant Expiration Date” means 5:00 p.m., New York City time, on the fifth anniversary of the date hereof. If pursuant to the above the Warrant Expiration Date would be a Saturday, Sunday or legal holiday in the State of Utah, then the Warrant Expiration Date shall be the next succeeding date that is not a Saturday, Sunday or legal holiday. In the event of (a) the closing of the issuance and sale of shares of Common Stock of the Company in the Company’s first underwritten public offering (“IPO”) pursuant to an effective registration statement under the Securities Act of 1933, as amended (the “Securities Act”), or (b) a Change of Control, the Warrant shall, on the date of such event, become immediately exercisable.

Stated Purchase Price means an amount per $1,000 in principal amount of Debentures, as of the Pricing Date, equal to the sum of the present values of the remaining scheduled payments of principal and interest on $1,000 in principal amount of Debentures (exclusive of interest accrued to such date) discounted to such date on a semi-annual basis (assuming a 360-day year consisting of twelve 30-day months) at the Designated Purchase Rate; provided, however, that in no event shall the Stated Purchase Price exceed $935 or be less than $915 per $1,000 in principal amount of Debentures.

Stated Purchase Price means the purchase price to be paid upon exercise of this Warrant in accordance with the terms hereof, which price initially shall be $1.75 per share of Common Stock. The Stated Purchase Price shall be subject to adjustment from time to time pursuant to the provisions of Section 4 below. “Warrant Expiration Date” means the earlier of (i) February 17, 2017, (ii) the closing of the issuance and sale of shares of Common Stock of the Company in the Company’s first underwritten public offering pursuant to an effective registration statement under the Securities Act of 1933, as amended (the “Securities Act”), or (iii) thirty (30) days after the later of a consummation of a Change of Control, as defined below, or Holder’s receipt of written notice of a Change of Control. If pursuant to the above the Warrant Expiration Date would be a Saturday, Sunday or legal holiday in the State of Utah, then the Warrant Expiration Date shall be the next succeeding date that is not a Saturday, Sunday or legal holiday. A “Change of Control” shall mean any acquisition of capital stock of the Company, directly or indirectly, any merger, tender offer, recapitalization or asset sale pursuant to which the Company’s stockholders immediately prior to such transaction hold less than 50% of the voting securities of the surviving corporation immediately after such transaction or the majority of the assets of the Company are transferred or sold, except that any internal restructuring or re-organization of the Company that does not change the effective ultimate ownership of the Company shall not be deemed a Change of Control.

Stated Purchase Price means the purchase price per share of Common Stock to be paid upon exercise of this Warrant in accordance with the terms hereof, which price shall be $21.00 per Warrant Share. The Stated Purchase Price shall be subject to adjustment from time to time pursuant to the provisions of Sections 5 and 6 hereof.