Adjusted Exercise Price
Adjusted Exercise Price. Means the least of (i) the Exercise Price, (ii) 80% of the Market Price for the applicable Exercise Date on which the Holder elects to exercise all or a part of this Warrant, subject to adjustment as provided herein and (iii) in the event of a Dilutive Issuance, 80% of the New Issuance Price.
Found in
ANTS SOFTWARE INC contract
Adjusted Exercise Price. As of the Adjustment Date, the lower of (i) the Exercise Price then in effect and (ii) (x) the applicable Installment Percentage (as defined in the Notes) multiplied by (y) the quotient of (A) the sum of the three (3) lowest VWAP of the Common Stock on any Trading Day during the twenty (20) consecutive Trading Day period ending on and including such date of determination, divided by (B) three (3). All such determinations to be appropriately adjusted for any stock split, stock dividend, stock...
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Found in
POSITIVEID Corp contract