Exercise Quantity definition

Exercise Quantity means the number of shares of Common Stock, determined from time to time, taking into account all shares of Common Stock theretofore issued upon exercise of the Warrants, required to be issued by the Company to the holders of the Warrants. Exercise Quantity shall initially have the meaning given in each Warrant, and may be adjusted from time to time, pursuant to the provisions of the Warrants and this Agreement.
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Exercise Quantity means one (1) Warrant Share per Warrant, as adjusted from time-to-time in accordance with this Warrant Agreement.
Sample 1
Exercise Quantity means the lesser of (i) [38,304] and (ii) the number of shares of Warrant Stock the Transfer of which pursuant to the Triggering Event giving rise to the exercise of the Warrant results in proceeds to the Holder that, together with all other Investment Return Proceeds, causes the Internal Rate of Return to equal, but not exceed, eight percent (8%).
Sample 1

Examples of Exercise Quantity in a sentence

  • In the event of a partial exercise of this Warrant, the Company shall issue and deliver to the Holder a new Warrant at the same time such stock certificates are delivered, which new Warrant shall entitle the Holder to purchase the balance of the Exercise Quantity not purchased in that partial exercise and shall otherwise be upon the same terms and provisions as this Warrant.

  • If for any reason it shall hereafter be determined that the actual amount of Common Stock outstanding as of the Date of Grant caused the calculation of the Exercise Quantity to be erroneous, then the Company or the holder (whichever shall discover such error) shall notify the other of such determination and the Company shall forthwith reissue the Warrant or the Series Warrants, as the case may be, with an appropriate proportional adjustment in said number to be effective from the Date of Grant.

  • The Holder may request such an exchange by surrender of this Warrant to the Company, together with a written exchange request specifying the desired number of Warrants and allocation of the Exercise Quantity purchasable under the existing Warrant.

  • Whenever the Exercise Price or Exercise Quantity is adjusted as herein provided, the Company shall, within ten days following the consummation of the event triggering such adjustment, deliver to the Holders a statement signed by the President of the Company and by its Treasurer or Secretary stating the adjusted Exercise Price and Exercise Quantity for which the Warrants are exercisable, determined as specified herein.

  • Irrespective of any adjustments in the Exercise Price or the Exercise Quantity or the kind of shares purchasable upon the exercise of the Warrants, the Warrants theretofore or thereafter issued may continue to express the same price and number and kind of shares as are stated in the Warrants initially issuable pursuant to this Agreement.

  • In the event of a partial exercise of the Warrant, the Company shall issue and deliver to the Holder a new Warrant at the same time such stock certificates are delivered, which new Warrant shall entitle the Holder to purchase the balance of the Exercise Quantity not purchased in that partial exercise and shall otherwise be upon the same terms and provisions as the Warrant.

  • This Warrant may be exchanged for two or more warrants entitling the identical Holder hereof to purchase the same aggregate Exercise Quantity at the same Exercise Price per share and otherwise having the same terms and provisions as this Warrant.

  • The identical Holder may request such an exchange by surrender of this Warrant to the Company, together with a written exchange request specifying the desired number of warrants and allocation of the Exercise Quantity purchasable under the existing Warrant.

  • If a Holder shall dispute such determination and the parties cannot otherwise resolve the dispute promptly and in good faith, then the Company shall appoint a firm of independent public accountants of recognized national standing (which may be the regular auditors of the Company), which shall give their opinion as to the adjustment, if any, to be made to the Exercise Quantity.

  • If Company subdivides or combines, by reclassification, stock split or dividend, or otherwise, the number of Warrant Shares outstanding into a greater or lesser number, simultaneously in each such case the Exercise Price and the Exercise Quantity shall both be proportionately adjusted.


More Definitions of Exercise Quantity

Exercise Quantity means 500,000 of Warrant Stock which amount shall be increased as follows: (i) upon the occurrence an Event of Default under the Loan Agreement or a Registration Breach, by 50,000 shares of Warrant Stock, (ii) on the thirty-first (31(st)) day after an Event of Default or Registration Breach until (x) the Obligations (as defined in the Loan Agreement) are paid in full indefeasibly and all Registration Breaches are fully cured or (y) the written waiver by the Lender, if any, and the Holder, as applicable, of all Events of Default and Registration Breaches, by an additional 100,000 shares of Warrant Stock; and (iii) on the first day of each thirty (30) day period beginning on the sixty-first (61(st)) day after an Event of Default or Registration Breach until (x) the Obligations are paid in full indefeasibly and all Registration Breaches are fully cured or (y) the written waiver by the Lender, if any, and the Holder, as applicable, of all Events of Default and Registration Breaches, by an additional 300,000 shares of Warrant Stock.
Sample 1
Exercise Quantity means 500,000 of Warrant Stock which amount shall be increased as follows: (i) upon the occurrence an Event of Default under the Loan Agreement by 50,000 shares of Warrant Stock, and (ii) on the first day of each thirty (30) day period after such Event of Default until (x) the Secured Obligations (as defined in the Loan Agreement) are paid in full indefeasibly or (y) the written waiver by the Lender, if any, of such Event of Default, by an additional 25,000 shares of Warrant Stock.
Sample 1
Exercise Quantity means 500,000 shares of Warrant Stock on the Issue Date plus 50,000 shares of Warrant Stock on the date of the second Advance, 75,000 shares of Warrant Stock on the third Advance, and 125,000 shares of Warrant Stock on the fourth Advance, in each case as provided for in the Loan Agreement. In addition, Holder may acquire the following: (i) upon the occurrence an Event of Default under the Loan Agreement or a Registration Breach, shares of Warrant Stock equal to 1% of the Company’s outstanding capital stock on a fully diluted basis, assuming conversion of all convertible securities and exercise of all warrants and options to purchase stock as to which the exercise price thereof is less than the Fair Market Value of each Share (“Fully Diluted Basis”), (ii) on the thirty-first (31st) day after an Event of Default or Registration Breach until (x) the Obligations (as defined in the Loan Agreement) are paid in full indefeasibly and all Registration Breaches are fully cured or (y) the written waiver by the Lender, if any, and the Holder, as applicable, of all Events of Default and Registration Breaches, by an additional number of Shares equal to 1.0% of the Company’s outstanding capital stock on a Fully Diluted Basis until (x) the Obligations are paid in full indefeasibly and all Registration Breaches are fully cured or (y) the written waiver by the Lender, if any, and the Holder, as applicable, of all Events of Default and Registration Breaches, by an additional number of shares of Warrant Stock equal to 1.0% of the Company’s outstanding capital stock on a Fully Diluted Basis.
Sample 1

Related to Exercise Quantity

  • Daily Quantity means the quantity of waste discharged during an operating day.

  • Share Delivery Quantity For any Settlement Date, a number of Shares, as calculated by the Calculation Agent, equal to the Net Share Settlement Amount for such Settlement Date divided by the Settlement Price on the Valuation Date for such Settlement Date. Net Share Settlement Amount: For any Settlement Date, an amount equal to the product of (i) the number of Warrants exercised or deemed exercised on the relevant Exercise Date, (ii) the Strike Price Differential for the relevant Valuation Date and (iii) the Warrant Entitlement.

  • Maximum Daily Quantity means the daily volume of Gas or Liquids, expressed in 103m3, identified in a Shipper's Interruptible Transportation Service Agreement that Transporter agrees to receive from Shipper under Toll Schedule Interruptible Full Path Service, Toll Schedule Interruptible Receipt Service or Toll Schedule Interruptible Delivery Service, as applicable.

  • Required Quantity in a unit price Contract shall mean the actual quantity of any item of Work or materials which is required to be performed or furnished in order to comply with the Contract.

  • Contract Quantity means the quantity of Gas to be delivered and taken as agreed to by the parties in a transaction.

  • Scheduled Quantity means the net quantity of Gas (being the difference between receipt and delivery nominations) agreed by MDL and the Welded Party to pass through (or, in the case of a Notional Welded Point, be deemed to have passed through) the relevant Welded Point for a Day.

  • Daily Contract Quantity or “DCQ” means the quantity of Gas as set out in Clause 4.1 herein.

  • Reportable quantity means one of the following:

  • Delivery Month means each month specified as such by the Exchange pursuant to

  • Quantity means either tonnage or volume, depending on which term is the standard in the mining industry for the type of mineral;

  • Aggregate Quantity of IDR Reset Common Units has the meaning given such term in Section 5.11(a).

  • Delivery Year means the Planning Period for which a Capacity Resource is committed pursuant to the auction procedures specified in Tariff, Attachment DD, or pursuant to an FRR Capacity Plan under Reliability Assurance Agreement, Schedule 8.1. Demand Bid:

  • Minimum Order Quantity means the minimum number of batches of a Product to be produced during the same cycle of manufacturing as set forth in a Product Agreement on Schedule B;

  • Supply Price has the meaning set forth in Section 6.2.

  • MMBtu means one million British Thermal Units.

  • Net Invoice Price means the price paid by You for Your Vehicle including all factory fitted accessories and any discount given but excluding retailer fitted accessories, road fund licence, new vehicle registration fee, fuel, paintwork and / or upholstery protection kits, insurance premiums (including this Premium), warranty premiums and any such associated costs and any Negative Equity.

  • Bill of Quantities means the priced and completed Bill of Quantities forming part of the tender.