Vested Warrant Shares definition

Vested Warrant Shares shall have the meaning set forth in Section 3.1 (a).

Vested Warrant Shares means the number of Warrant Shares, subject to adjustment as provided herein. All of the Vested Warrant Shares may be exercised at any time, subject to the terms and conditions of this Warrant.

Vested Warrant Shares means the number of Warrant Shares reflected on Schedule 1 hereto under the caption "Shares Vesting Quarterly" under the name of the Purchaser (the "Purchaser Column"). That number of Warrant Shares shown under the Purchaser Column on the line item delineated "At Closing" shall be fully vested upon issuance and the Warrant thereafter may be exercised at any time for such number of Warrant Shares, subject to the terms and conditions of this Warrant. If, on March 31, June 30, September 30 and December 31 of each year, commencing March 31, 2000 and continuing through and including December 31, 2002, the Original Purchaser (or any Affiliate thereof) continues to own any Subordinated Notes of the Company purchased by the Original Purchaser pursuant to the Securities Purchase Agreement (including, for purposes hereof, any Subordinated Notes issued after December 30, 1999 in lieu of cash dividends on the Subordinated Notes), that number of Warrant Shares shown under the Purchaser Column on the line item with the corresponding date, shall be fully vested and the Warrant thereafter may be exercised at any time for such number of Warrant Shares (plus any other Vested Warrant Shares as to which the Warrant has not previously been exercised), subject to the terms and conditions of this Warrant.

Examples of Vested Warrant Shares in a sentence

• To exercise this Warrant, the Registered Holder shall deliver to the Company, at the Warrant Office designated in Section 2.1(a), a written notice in the form of the Purchase Form attached as Exhibit A hereto, stating therein the election of the Registered Holder to exercise this Warrant in the manner provided in the Purchase Form, along with payment in full of the Exercise Price (in the manner described below) for all Vested Warrant Shares purchased hereunder.

• Payment of the Exercise Price for the Vested Warrant Shares with respect to which this Warrant is being exercised shall be made, at the option of the Holder, (a) by delivery of cash payable by wire transfer of immediately available funds, (b) by the delivery of a cashier's or certified check, or (c) by any combination of items (a)-(b).

• The purchase rights represented by this Warrant may only be exercised by the Registered Holder in accordance with Section 1B (i) below prior to the expiration of the first Exit Event Period occurring after the date hereof; provided, however, that this Warrant may only be exercised with respect to Vested Warrant Shares.

• The Vested Warrant Shares pursuant to this Warrant may be exercised by the Registered Holder as a whole or in part at any time and from time to time subsequent to the date hereof and until the Expiration Date at which time this Warrant shall expire and be of no further force or effect; provided, however, that the minimum number of Warrant Shares that may be purchased on a single exercise shall be 1,000 or the entire number of shares remaining available for exercise hereunder, whichever is less.

• This Warrant may only be exercised for vested shares ("Vested Warrant Shares").

More Definitions of Vested Warrant Shares

Vested Warrant Shares shall have the meaning set forth in Section 2.1 hereof.

Vested Warrant Shares means shares that have already been issued to Consultant upon the exercise of a vested warrant plus any shares issuable pursuant to any then vested warrant under Sections 4.1 and 4.2.

Vested Warrant Shares means the shares of Common Stock issued or issuable upon exercise of this Warrant.

Vested Warrant Shares means, for any day, that number of Warrant Shares equal to the product of (x) the Vesting Percentage as of such day and (y) 8,333,334 Warrant Shares as such number may be adjusted pursuant to Section 4.

Vested Warrant Shares and any remaining unvested and unexercisable Warrant Shares, “Unvested Warrant Shares”); and

Vested Warrant Shares means that portion of the Warrant Shares determined by dividing the aggregate amount of the loans advanced to the Company under the Credit Agreement by the Exercise Price; provided, however, that in the event the Company is party to an Alternative Transaction or Disposition, this term shall mean all of the Warrant Shares.

Vested Warrant Shares means all Warrant Shares which have vested in accordance with the vesting schedule attached to the Reseller Agreement.