Warrant Amount definition

Warrant Amount. With respect to any Warrant Holder, the number of Call Warrants relating to Class A-1 Certificates and Call Warrants relating to the Class A-2 Certificates, held by such Warrant Holder.

Warrant Amount with respect to each Warrant shall be an amount equal to (1) 1,644,736 less (2) the number of shares of Common Stock elected to be purchased in the Notice of Exercise with respect to the other Warrant being issued on the date hereof; provided, however, that (a) if both Toshiba and SanDisk elect to purchase more than 822,368 shares of Common Stock, then the Warrant Amount shall be an amount equal to 822,368; and (b) if either Toshiba or San Disk elects to purchase less than 822,368 shares then the Warrant Amount, in which case such lesser amount shall be the Warrant Amount for such party and the other party shall have the right but not the obligation to purchase the balance up to an aggregate of 1,644,736 shares. In no event shall the aggregate Warrant Amount purchasable by SanDisk and Toshiba collectively hereunder exceed 1,644,736.

Warrant Amount means, as to any particular Holder, the number of Warrants held by such Holder multiplied by the Exercise Price.

Examples of Warrant Amount in a sentence

• Any Global Call Warrant that is exchangeable pursuant to the preceding sentence will be exchangeable for Certificated Call Warrants of like tenor and Warrant Amount, as applicable, in any authorized denomination or denominations and registered in the names of such Person or Persons as the Depository shall direct.

• The Registered Warrant Amount of Call Warrants may from time to time be increased or decreased by adjustments made on the records of the Trustee, as custodian for DTC for such Global Call Warrant, as provided in this Section.

• For so long as the Warrant Amount represented hereby has not been exercised in full, the Company shall at all times prior to the end of the Warrant Term reserve and keep available, free from pre-emptive rights, out of its authorized but unissued capital stock, the number of shares available for exercise hereunder.

• The Holder and the Company shall maintain records showing the portions of the Warrant Amount purchased and the date of such purchases.

• Partial Exercises of this Warrant resulting in purchases of a portion of the Warrant Amount available at the time of such Exercise shall have the effect of lowering the Warrant Amount by such portion.

More Definitions of Warrant Amount

Warrant Amount means, with respect to any Closing, an amount equal to one hundred percent (100%) of the aggregate principal amount of Notes purchased by the Purchasers at such Closing divided by the initial Conversion Price of such Notes.

Warrant Amount has the meaning set forth in Section 1.2(b) of this Agreement.

Warrant Amount means Six Hundred Thousand United States Dollars (US $600,000).

Warrant Amount means the dollar amount determined in accordance with the following formula, provided that in no event shall the Warrant Amount exceed an amount equal to 33% of the principal amount of all Notes purchased by the Holder pursuant to the Purchase Agreement (the “Principal Amount”): Warrant Amount = [(B - 0.35) x 0.3667] x A where: A = the Principal Amount B = the quotient equal to (x) the aggregate principal amount of Notes purchased in the Advance Closing and the Initial Closing by the Holder and its Affiliates divided by (y) the dollar amount of such Holder’s Pro Rata Share of $8,930,628.27.

Warrant Amount. With respect to any Warrant Holder, the number of Call Warrants relating to Certificates, held by such Warrant Holder.

Warrant Amount means the amount, not exceeding the maximum amount permitted by subsection 3.1(a) hereof, the Qualified Entity is authorized to borrow from the Bond Bank, which amount is set forth in Exhibit A for each Fund.

Warrant Amount means the Warrant Amount “Warrant Shares” shall have the meaning set forth in Section 2(a) below.