Warrant Conversion Price definition
Examples of Warrant Conversion Price in a sentence
In lieu of issuing any fractional warrants to Holder upon the conversion of this Note, the Company shall pay to Holder an amount equal to the product obtained by multiplying the Warrant Conversion Price by the fraction of a warrant not issued pursuant to the previous sentence.
The UAC Warrant Conversion Price shall mean (a) the per share price for which the warrant in question may be exercised (whether or not such warrant is immediately exercisable) multiplied by the AGI Equity Value Per Share at the UAC Effective Time, divided by (b) the UAC Equity Value Per Share.
The ATSI Warrant Conversion Price shall be one thousandth of one cent ($0.0001).
Before taking any action which would result in an adjustment in the Warrant Preferred Stock for which this Warrant is exercisable or in the Warrant Conversion Price, the Company shall obtain all such authorizations or exemptions thereof, or consents thereto, as may be necessary from any public regulatory body or bodies having jurisdiction thereof.
All calculations and adjustments to the Warrant Conversion Price under this Section 3 shall be made to the nearest cent or the nearest 1/100th of a share, as the case may be.
At the ATSI Effective Time, each outstanding warrant (if any) to purchase one share of ATSI Common shall be converted into and become a warrant to purchase the AGI Warrant Conversion Number of shares of AGI Common, as hereafter defined, at the AGI Warrant Conversion Price, as hereafter defined, and otherwise upon the same terms and subject to the same conditions as set forth in the award and agreement pursuant to which the warrant in question was issued.
The Company may at any time during the term of this Warrant reduce the then current Warrant Conversion Price to any amount and for any period of time deemed appropriate by the Board of Directors of the Company.
Increments The -------------------------------------------------- Warrants shall be convertible at the price of one cent ($.01) per whole share of Common Stock (the "Warrant Conversion Price") subject to adjustment pursuant to Section 5 hereto.
The ATSI Warrant Conversion Price shall be one hundreth of one cent ($0.0001) per underlying share.
At the UAC Effective Time, each outstanding Warrant (if any) to purchase one share of UAC Common shall be converted into and become a warrant to purchase the UAC Warrant Conversion Number of Shares of AGI Common as hereafter defined, at the UAC Warrant Conversion Price, as hereafter defined, and otherwise upon the same terms and subject to the same conditions as set forth in the award and agreement pursuant to which the warrant in question was issued.