Disposition of Exercise Price Sample Clauses

Disposition of Exercise Price. The Grantors unanimously agree that, as at the exercise of Option by Party A, the full amount of the exercise price received by the Grantors in connection therewith shall be given to Party A or any third party designated by it.
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Disposition of Exercise Price. Party A’s parent company, Qihoo Technology Company Limited (“Qihoo Cayman”), signed a Loan Agreement with all parties in Party B on October 18, 2010, whereby Qihoo Cayman lent a total amount of RMB80 million to all parties in Party B. Party A and Party B hereby agree, upon the exercise of option by Party A, all exercise prices received by the Grantors shall be applied to repay the loan mentioned above in priority, and the remaining amount (if any) shall be given to Party C with no consideration, or such exercise prices shall be transferred from the Grantors to Party C in any other form approved by Party A in writing. After the exercise prices are disposed of by the parties in Party B hereunder, it shall be deemed that the parties in Party B have fulfilled the obligation of repayment under the Loan Agreement.
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Disposition of Exercise Price. Party A signed Loan Agreements with all parties in Party B respectively in 2009 and 2011, whereby Party A lent a total amount of RMB10 million to all parties in Party B. Party A and Party B hereby agree, upon the exercise of option by Party A, all exercise prices received by the Grantors shall be applied to repay the loan mentioned above in priority, and the remaining amount (if any) shall be given to Party C with no consideration, or such exercise prices shall be transferred from the Grantors to Party C in any other form approved by Party A in writing. After the exercise prices are disposed of by the parties in Party B hereunder, it shall be deemed that the parties in Party B have fulfilled the obligation of repayment under the Loan Agreement.
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Related to Disposition of Exercise Price

  • Payment of Exercise Price In the event that the holder has elected a Cash Exercise with respect to some or all of the Warrant Shares to be issued pursuant hereto, the holder shall pay the Aggregate Exercise Price in the sum of $___________________ to the Company in accordance with the terms of the Warrant.

  • Adjustment of Exercise Price (a) The Exercise Price and the number of shares deliverable upon the exercise of the Warrants will be subject to adjustment in the event and in the manner following:

  • Adjustment of Exercise Price and Number of Shares The number and kind of Shares purchasable upon exercise of this Warrant and the Exercise Price shall be subject to adjustment from time to time as follows:

  • Adjustments in Exercise Price Whenever the number of shares of Common Stock purchasable upon the exercise of the Warrants is adjusted, as provided in Section 4.1 and 4.2 above, the Warrant Price shall be adjusted (to the nearest cent) by multiplying such Warrant Price immediately prior to such adjustment by a fraction (x) the numerator of which shall be the number of shares of Common Stock purchasable upon the exercise of the Warrants immediately prior to such adjustment, and (y) the denominator of which shall be the number of shares of Common Stock so purchasable immediately thereafter.

  • Form of Exercise Price The Holder intends that payment of the Exercise Price shall be made as: ____________ a “Cash Exercise” with respect to _________________ Warrant Shares; and/or ____________ a “Cashless Exercise” with respect to _______________ Warrant Shares.

  • Adjustment in Exercise Price Whenever the number of Warrant Shares purchasable upon the exercise of each Warrant is adjusted as herein provided, the Exercise Price payable upon exercise of each Warrant immediately prior to such adjustment shall be adjusted by multiplying such Exercise Price by a fraction, the numerator of which shall be the number of Warrant Shares purchasable upon the exercise of each Warrant immediately prior to such adjustment and the denominator of which shall be the number of Warrant Shares purchasable immediately thereafter.

  • Minimum Adjustment of Exercise Price No adjustment of the Exercise Price shall be made in an amount of less than 1% of the Exercise Price in effect at the time such adjustment is otherwise required to be made, but any such lesser adjustment shall be carried forward and shall be made at the time and together with the next subsequent adjustment which, together with any adjustments so carried forward, shall amount to not less than 1% of such Exercise Price.

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