Common use of Payment of Warrant Exercise Price Clause in Contracts

Payment of Warrant Exercise Price. The Exercise Price ("Exercise Price") shall equal $7.346 ("Initial Exercise Price") or, if the Date of Exercise is more than one (1) year after the Date of Issuance, the lesser of (i) the Initial Exercise Price or (ii) the "Lowest Reset Price", as that term is defined below. The Company shall calculate a "Reset Price" on each anniversary date of the Date of Issuance which shall equal one hundred percent (100%) of the average Closing Price of the Company's Common Stock for the five (5) trading days ending on such anniversary date of the Date of Issuance. The "

Appears in 2 contracts

Samples: Medcare Technologies Inc, Medcare Technologies Inc

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Payment of Warrant Exercise Price. The Exercise Price shall initially equal $8.375 per share ("Exercise Price") shall equal $7.346 ("Initial Exercise Price") ----- or, if the Date of Exercise is more than one six (16) year months after the Date of Issuance, the lesser of (i) the Initial Exercise Price or (ii) the "Lowest Reset Price", as that term is defined below. The Company shall calculate a "Reset Price" on each six-month anniversary date of the Date of Issuance which shall equal one hundred percent (100%) of the average lowest Closing Bid Price of the Company's Common Stock for the five (5) trading days ending on such six-month anniversary date of the Date date of Issuance. The "

Appears in 1 contract

Samples: Shopping Com

Payment of Warrant Exercise Price. The Exercise Price shall initially equal $1.4625 per share ("Exercise Price") shall equal $7.346 ("Initial Exercise Price") or, if the Date of Exercise is more than one six (16) year months after the Date of Issuance, the lesser of (i) the Initial Exercise Price or (ii) the "Lowest Reset Price", ," as that term is defined below. The Company shall calculate a "Reset Price" on each six-month anniversary date of the Date of Issuance which shall equal one hundred percent (100%) of the average lowest Closing Bid Price of the Company's Common Stock for the five (5) trading days ending on such six-month anniversary date of the Date of Issuance. The "

Appears in 1 contract

Samples: Quikbiz Internet Group Inc

Payment of Warrant Exercise Price. The Exercise Price ("Exercise Price") ), shall initially equal $7.346 0.0825 per share ("Initial Exercise Price") or, if the Date of Exercise is more than one six (16) year months after the Date of Issuance, the lesser of (i) the Initial Exercise Price or (ii) the "Lowest Reset Price", ," as that term is defined below. The Company shall calculate a "Reset Price" on each six-month anniversary date of the Date of Issuance which shall equal one hundred percent (100%) of the average lowest Closing Bid Price of the Company's Common Stock for the five (5) trading days ending on such six-month anniversary date of the Date of Issuance. The "

Appears in 1 contract

Samples: Itronics Inc

Payment of Warrant Exercise Price. The Exercise Price ("Exercise Price") shall equal $7.346 _____ x 110% during the first 365 day period ("Initial Exercise Price") or, if the Date of Exercise is more later than one (1) year after than the Date of Issuance, the lesser of (ia) the Initial Exercise Exercies Price or (iib) the "Lowest Reset Price", ," as that term is defined below. The Company shall calculate a "Reset Price" on each anniversary date of the Date of Issuance which shall equal one hundred percent (100%) of the average Closing Bid Price of the Company's Common Stock for the five (5) trading days ending on such anniversary date of the Date of IssuanceIssuance x 110% ("Reset Price"). The "

Appears in 1 contract

Samples: Securities Purchase Agreement (Harvest Restaurant Group Inc)

Payment of Warrant Exercise Price. The Exercise Price ("Exercise Price") ), shall initially equal $7.346 0.143 per share ("Initial Exercise Price") or, if the Date of Exercise is more than one six (16) year months after the Date of Issuance, the lesser of (i) the Initial Exercise Price or (ii) the "Lowest Reset Price", ," as that term is defined below. The Company shall calculate a "Reset Price" on each six-month anniversary date of the Date of Issuance which shall equal one hundred percent (100%) of the average lowest Closing Bid Price of the Company's Common Stock for the five (5) trading days ending on such six-month anniversary date of the Date of Issuance. The "

Appears in 1 contract

Samples: Itronics Inc

Payment of Warrant Exercise Price. The Exercise Price ("Exercise Price") ), shall initially equal $7.346 0.1705 per share ("Initial Exercise Price") or, if the Date of Exercise is more than one six (16) year months after the Date of Issuance, the lesser of (i) the Initial Exercise Price or (ii) the "Lowest Reset Price", ," as that term is defined below. The Company shall calculate a "Reset Price" on each six-month anniversary date of the Date of Issuance which shall equal one hundred percent (100%) of the average lowest Closing Bid Price of the Company's Common Stock for the five (5) trading days ending on such six-month anniversary date of the Date of Issuance. The "

Appears in 1 contract

Samples: Itronics Inc

Payment of Warrant Exercise Price. The Exercise Price ("Exercise Price") shall initially equal $7.346 0.1705 per share ("Initial Exercise Price") or, if the Date of Exercise is more than one six (16) year months after the Date of Issuance, the lesser of (i) the Initial Exercise Price or (ii) the "Lowest Reset Price", ," as that term is defined below. The Company shall calculate a "Reset Price" on each six-month anniversary date of the Date of Issuance which shall equal one hundred percent (100%) of the average lowest Closing Bid Price of the Company's Common Stock for the five (5) trading days ending on such six-month anniversary date of the Date of Issuance. The "

Appears in 1 contract

Samples: Itronics Inc

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Payment of Warrant Exercise Price. The Exercise Price shall initially equal $13.275 per share ("Exercise Price") shall equal $7.346 ("Initial Exercise Price") or, if the Date of Exercise is more than one six (16) year months after the Date of Issuance, the lesser of (i) the Initial Exercise Price or (ii) the "Lowest Reset Price", ," as that term is defined below. The Company shall calculate a "Reset Price" on each six-month anniversary date of the Date of Issuance which shall equal one hundred percent (100%) of the average lowest Closing Bid Price of the Company's Common Stock for the five (5) trading days ending on such six-month anniversary date of the Date of Issuance. The "

Appears in 1 contract

Samples: Ecom Ecom Com Inc

Payment of Warrant Exercise Price. The Exercise Price ("Exercise Price") ), shall initially equal $7.346 0.308 per share ("Initial Exercise Price") or, if the Date of Exercise is more than one six (16) year months after the Date of Issuance, the lesser of (i) the Initial Exercise Price or (ii) the "Lowest Reset Price", ," as that term is defined below. The Company shall calculate a "Reset Price" on each six-month anniversary date of the Date of Issuance which shall equal one hundred percent (100%) of the average lowest Closing Bid Price of the Company's Common Stock for the five (5) trading days ending on such six-month anniversary date of the Date of Issuance. The "

Appears in 1 contract

Samples: Itronics Inc

Payment of Warrant Exercise Price. The Exercise Price ("Exercise Price") shall equal $7.346 7.50 ("Initial Exercise Price") or, if the Date of Exercise is more than one (1) year after the Date of Issuance, the lesser of (i) the Initial Exercise Price or (ii) the "Lowest Reset Price", as that term is defined below. The Company shall calculate a "Reset Price" on each anniversary date of the Date of Issuance which shall equal one hundred twenty-five percent (100125%) of the average Closing Price of the Company's Common Stock for the five (5) trading days ending on such anniversary date of the Date of Issuance. The "

Appears in 1 contract

Samples: Foreland Corp

Payment of Warrant Exercise Price. The Exercise Price ("Exercise Price") ), shall initially equal $7.346 0.297 per share ("Initial Exercise Price") or, if the Date of Exercise is more than one six (16) year months after the Date of Issuance, the lesser of (i) the Initial Exercise Price or (ii) the "Lowest Reset Price", ," as that term is defined below. The Company shall calculate a "Reset Price" on each six-month anniversary date of the Date of Issuance which shall equal one hundred percent (100%) of the average lowest Closing Bid Price of the Company's Common Stock for the five (5) trading days ending on such six-month anniversary date of the Date of Issuance. The "

Appears in 1 contract

Samples: Itronics Inc

Payment of Warrant Exercise Price. The Exercise Price ("Exercise Price") shall equal $7.346 2.00 (U.S) ("Initial Exercise Price") or, if the Date of Exercise is more than one (1) year after the Date of Issuance, the lesser of (i) the Initial Exercise Price or (ii) the "Lowest Reset Price", as that the term is defined below. The Company shall calculate a "Reset Price" on each anniversary date of the Date of Issuance which shall equal one hundred percent (100%) of the average Closing Bid Price of the Company's Common Stock for the five (5) trading days ending on such anniversary date of the Date of Issuance. The "

Appears in 1 contract

Samples: Big Smith Brands Inc

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