Warrant Return definition

Warrant Return means the VWAP for the Borrower’s common Equity Interests sold in such Qualified IPO.
View Source
Warrant Return means, at any time of determination, if on or prior to such time an event or transaction of the type described in either clause (i) or (ii) of the definition of “Change of Control” has occurred, the gross cash proceeds received or receivable by Lenders in respect of their Warrants so long as (and to the extent that) such Lenders were permitted to exercise such Warrants and participate in such event or transaction; provided that, upon consummation of a Qualified IPO by the Borrower, “Warrant Return” shall mean the VWAP for the Borrower’s common Equity Interests sold in such Qualified IPO.
View Source
Warrant Return means $1,341,624.75.
View Source

Examples of Warrant Return in a sentence

  • In the absence of a Due Diligence Notice (▇▇ ▇▇▇ined below) by Swartz or an Unacceptable Document Notice by Medical Industries being ▇▇▇▇▇▇itted by the appropriate party prior to the end of the "Document Review Period," the Commitment Warrant shall irrevocably vest with Swartz, subject only to a Partial Warrant Return, as defined below.

Related to Warrant Return

  • Warrant Value means the fair value of all warrants, options and other similar rights issued to a third party in connection with an Other Financing, determined by using a standard Black-Scholes option-pricing model using an expected volatility percentage as shall be mutually agreed by the Investor and the Company. In the case of a dispute relating to such expected volatility assumption, the Investor shall obtain applicable volatility data from three investment banking firms of nationally recognized reputation, and the parties hereto shall use the average thereof for purposes of determining the expected volatility percentage in connection with the Black-Scholes calculation referred to in the immediately preceding sentence. Reference is made to the Common Stock Purchase Agreement dated as of December 20, 2010, (the “Purchase Agreement”) between Poniard Pharmaceuticals, Inc., a corporation organized and existing under the laws of the State of Washington (the “Company”), and Small Cap Biotech Value, Ltd., a business company incorporated under the laws of the British Virgin Islands. Capitalized terms used and not otherwise defined herein shall have the meanings given such terms in the Purchase Agreement. In accordance with and pursuant to Section 2.1 of the Purchase Agreement, the Company hereby issues this Fixed Request Notice to exercise a Fixed Request for the Fixed Amount Requested indicated below. Optional Amount Dollar Amount: Pricing Period start date: Pricing Period end date: Settlement Date: Fixed Request Threshold Price: Optional Amount Threshold Price: Dollar Amount of Common Stock Currently Unissued under the Registration Statement Dollar Amount of Common Stock Currently Available under the Aggregate Limit: Dated: By: Name: Title: Address: Facsimile No.: AGREED AND ACCEPTED Name: Title: Fax#: Reference is made to the Common Stock Purchase Agreement dated as of December 20, 2010 (the “Purchase Agreement”) between Poniard Pharmaceuticals, Inc., a corporation organized and existing under the laws of the State of Washington (the “Company”), and Small Cap Biotech Value, Ltd., a business company incorporated under the laws of the British Virgin Islands (the “Investor”). Capitalized terms used and not otherwise defined herein shall have the meanings given such terms in the Purchase Agreement. In accordance with and pursuant to Section 2.11 of the Purchase Agreement, the Investor hereby issues this Optional Amount Notice to exercise an Optional Amount for the Optional Amount Dollar Amount indicated below. Number of Shares to be purchased VWAP on the date hereof: Discount Price: Settlement Date: Threshold Price: Dated: By: Name: Title: Address: Facsimile No.: The undersigned, the [ ] of Poniard Pharmaceuticals, Inc., a corporation organized and existing under the laws of the State of Washington (the “Company”), delivers this certificate in connection with the Common Stock Purchase Agreement, dated as of December 20, 2010 (the “Agreement”), by and between the Company and Small Cap Biotech Value, Ltd., a business company incorporated under the laws of the British Virgin Islands (the “Investor”), and hereby certifies on the date hereof that (capitalized terms used herein without definition have the meanings assigned to them in the Agreement):

  • Warrant Share Number means at any time the aggregate number of shares of Warrant Stock which may at such time be purchased upon exercise of this Warrant, after giving effect to all prior adjustments and increases to such number made or required to be made under the terms hereof.

  • Adjustment Right means any right granted with respect to any securities issued in connection with, or with respect to, any issuance or sale (or deemed issuance or sale in accordance with Section 2) of shares of Common Stock (other than rights of the type described in Section 3 and 4 hereof) that could result in a decrease in the net consideration received by the Company in connection with, or with respect to, such securities (including, without limitation, any cash settlement rights, cash adjustment or other similar rights).

  • Adjustment Shares shall have the meaning set forth in Section 11(a)(ii) hereof.

  • Joint Return means any Return of a member of the Parent Group or the SpinCo Group that is not a Separate Return.