Aggregate Warrant Amount

Aggregate Warrant Amount. Means a number equal to (A) $500,000 divided by (b) $0.5278 minus (B) the product of (a) 50% of the amount in sub-clause (A) and (b) (i) solely to the extent raised from Persons other than the Backstop Investors and their respective affiliates, up to $3 million of any cash proceeds described in clause (A)(3) of the definition of Purchase Maximum actually received by the Company on or prior to December 24, 2017 divided by (ii) $3 million.