Valuable Right -- definition
Valuable Right -- means, at any time, a Right, the effective conversion, exercise or purchase price of which on the date of determination is less than the Fair Value in respect of the shares of Common Stock issuable upon conversion, exercise or purchase pursuant to such Right on such date.
Valuable Right -- means, with respect to any Person at any time, a Right of such Person, the effective conversion, exercise or purchase price of which on the date of determination is less than the Market Price of the common stock of such Person in respect of the shares of such common stock issuable upon conversion, exercise or purchase pursuant to such Right of such Person on such date. VALUATION AGENT -- means a firm of independent certified public accountants, an investment banking firm or appraisal firm (which firm shall own no Securities of, and shall not be an Affiliate, Subsidiary or a related Person of, the Company) of recognized national standing retained by the Company and reasonably acceptable to the Required Warrantholders. VOTING STOCK -- means, with respect to any corporation, any shares of stock of such corporation whose holders are entitled under ordinary circumstances to vote for the election of directors of such corporation (irrespective of whether at the time any stock of any other class or classes shall have or might have voting power by reason of the happening of any contingency), and, in the case of the Company, shall include the Common Stock.
Valuable Right -- means, with respect to any Person at any time, a Right, the effective conversion, exercise or purchase price of which on the date of determination is less than the Market Price in respect of the shares of common stock of such Person issuable upon conversion, exercise or purchase pursuant to such Right on such date. VALUATION AGENT -- means the Board of Directors, unless the Required Warrantholders shall disagree in good faith with the determination of the Board of Directors, in which case the determination shall be made by a firm of independent certified public accountants, an investment banking firm or appraisal firm (which firm shall own no material amount of Securities of, and shall not be an Affiliate, Subsidiary or a related Person of, the Company) of recognized national standing retained by the Company and reasonably acceptable to the Required Warrantholders. VOTING STOCK -- means, with respect to any corporation, any shares of stock of such corporation whose holders are entitled under ordinary circumstances to vote for the election of directors of such corporation (irrespective of whether at the time any stock of any other class or classes shall have or might have voting power by reason of the happening of any contingency), and, in the case of the Company, shall include the Common Stock. WARRANT -- shall mean each Warrant to purchase shares of the Common Stock issued pursuant to this Agreement. WARRANT CERTIFICATE -- Section 0.