Black Scholes Value. Means the value of this Warrant based on the Black Scholes Option Pricing Model obtained from the "OV" function on Bloomberg determined as of the day of consummation of the applicable Fundamental Transaction for pricing purposes and reflecting (i) a risk-free interest rate corresponding to the U.S. Treasury rate for a period equal to the remaining term of this Warrant as of the date of the Holder's request pursuant to Section 4(c), (ii) an expected volatility equal to the greater of 100% and
... the 100 day volatility obtained from the HVT function on Bloomberg as of the Trading Day immediately following the public announcement of the applicable Fundamental Transaction and, if applicable, (iii) the underlying price per share used in such calculation shall be the sum of the price per share being offered in cash, if any, plus the value of any non-cash consideration, if any, being offered in the applicable Fundamental Transaction.
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Black Scholes Value.
Means the value of
the unexercised portion of this Warrant
based remaining on
the date of the Holder's request pursuant to Section 4(c), which value is calculated using the Black Scholes Option Pricing Model obtained from the "OV" function on Bloomberg
determined as utilizing (i) an underlying price per share equal to the sum of the
day price per share being offered in cash in the applicable Change of
consummation Control (if any) plus the value of the
non-cash consideration being offered in... the applicable Fundamental Transaction for pricing purposes and reflecting (i) Change of Control (if any), (ii) a strike price equal to the Exercise Price in effect on the date of the Holder's request pursuant to Section 4(c), (iii) a risk-free interest rate corresponding to the U.S. Treasury rate for a period equal to the greater of (1) the remaining term of this Warrant as of the date of the Holder's request pursuant to Section 4(c), (ii) 4(c) and (2) the remaining term of this Warrant as of the date of consummation of the applicable Change of Control or as of the date of the Holder's request pursuant to Section 4(c) if such request is prior to the date of the consummation of the applicable Change of Control, (iv) a zero cost of borrow and (v) an expected volatility equal to the greater of 100% and the 100 day volatility obtained from the HVT function on Bloomberg (determined utilizing a 365 day annualization factor) as of the Trading Day immediately following the earliest to occur of (x) the public announcement disclosure of the applicable Fundamental Transaction and, if applicable, (iii) Change of Control, (y) the underlying price per share used in such calculation shall be the sum consummation of the price per share being offered in cash, if any, plus applicable Change of Control and (z) the value date on which the Holder first became aware of any non-cash consideration, if any, being offered in the applicable Fundamental Transaction. Change of Control
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Black Scholes Value.
Means means the value of this Warrant based on the Black
and Scholes Option Pricing Model obtained from the "OV" function on Bloomberg
determined as using (i) a price per share of Common Stock equal to the Weighted Average Price of the
day Common Stock for the Trading Day immediately preceding the date of consummation of the applicable Fundamental
Transaction for pricing purposes and reflecting (i) Transaction, (ii) a risk-free interest rate corresponding to the U.S.
Treasury Dollar – LIBOR... swap rate for a period equal to the remaining term of this Warrant as of the date of consummation of the Holder's request pursuant to Section 4(c), (ii) applicable Fundamental Transaction, (iii) an expected volatility equal to the greater of 100% or the 30-day realized volume up to and the 100 day volatility obtained from the HVT function on Bloomberg as of including the Trading Day immediately following after the public announcement of the applicable Fundamental Transaction, and (iv) a remaining option time equal to the number of calendar days between the date of the public announcement of the applicable Fundamental Transaction and, if applicable, (iii) and the underlying price per share used in such calculation shall be the sum expiration of the price per share being offered in cash, if any, plus the value of any non-cash consideration, if any, being offered in the applicable Fundamental Transaction. Exercise Period.
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Black Scholes Value.
Means the value of this Warrant based on the Black
and Scholes Option Pricing Model obtained from the
"OV" OV function on Bloomberg
determined as using (i) a price per share of Common Stock equal to the Weighted Average Price of the
day Common Stock for the Trading Day immediately preceding the date of consummation of the applicable Fundamental
Transaction for pricing purposes and reflecting (i) Transaction, (ii) a risk-free interest rate corresponding to the U.S.
Treasury Dollar – LIBOR swap... rate for a period equal to the remaining term of this Warrant as of the date of consummation of the Holder's request pursuant to Section 4(c), (ii) applicable Fundamental Transaction, (iii) an expected volatility equal to the greater of 100% or the 30-day realized volume up to and the 100 day volatility obtained from the HVT function on Bloomberg as of including the Trading Day immediately following after the public announcement of the applicable Fundamental Transaction, and (iv) a remaining option time equal to the number of calendar days between the date of the public announcement of the applicable Fundamental Transaction and, if applicable, (iii) and the underlying price per share used in such calculation shall be the sum expiration of the price per share being offered in cash, if any, plus the value of any non-cash consideration, if any, being offered in the applicable Fundamental Transaction. Exercise Period.
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Black Scholes Value.
Means the value of
the unexercised portion of this Warrant
based remaining on
the date of the Holder's request pursuant to Section 4(c), which value is calculated using the Black Scholes Option Pricing Model obtained from the "OV" function on Bloomberg
determined as utilizing (i) an underlying price per share equal to Closing Sale Price on the date of the
day of consummation of the applicable Fundamental
Transaction for pricing purposes and reflecting (i) Transaction, (ii) a strike price equal... to the Exercise Price in effect on the date of the Holder's request pursuant to Section 4(c), (iii) a risk-free interest rate corresponding to the U.S. Treasury rate for a period equal to the remaining term of this Warrant as of the date of consummation of the Holder's request pursuant to Section 4(c), (ii) applicable Fundamental Transaction, (iv) a zero cost of borrow and (v) an expected volatility equal to the greater of 100% and the 100 day volatility obtained from the HVT function on Bloomberg as of the Trading Day immediately following the public announcement of the applicable Fundamental Transaction and, if applicable, (iii) the underlying price per share used in such calculation shall be the sum of the price per share being offered in cash, if any, plus the value of any non-cash consideration, if any, being offered in the applicable Fundamental Transaction. 100%.
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Black Scholes Value.
Means the value of
the unexercised portion of this Warrant
based remaining on
the date of the Holder's request pursuant to Section 4(c), which value is calculated using the Black Scholes Option Pricing Model obtained from the "OV" function on Bloomberg
determined as utilizing (i) an underlying price per share equal to Closing Sale Price on the date of the
day of consummation of the applicable Fundamental
Transaction for pricing purposes and reflecting (i) Transaction, (ii) a strike price equal... to the Exercise Price in effect on the date of the Holder's request pursuant to Section 4(c), (iii) a risk-free interest rate corresponding to the U.S. Treasury rate for a period equal to the remaining term of this Warrant as of the date of consummation of the Holder's request pursuant to Section 4(c), (ii) applicable Fundamental Transaction, (iv) a zero cost of borrow and (v) an expected volatility equal to the greater of 100% and the 100 day 30-day volatility obtained from the HVT function on Bloomberg (determined utilizing a 365 day annualization factor) as of the Trading Day immediately following the earliest to occur of (x) the public announcement disclosure of the applicable Fundamental Transaction, (y) the consummation of the applicable Fundamental Transaction and, if applicable, (iii) and (z) the underlying price per share used in such calculation shall be date on which the sum Holder first became aware of the price per share being offered in cash, if any, plus the value of any non-cash consideration, if any, being offered in the applicable Fundamental Transaction.
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Black Scholes Value.
Means means the value of
the unexercised portion of this Warrant
based remaining on
the date of the Holder's request pursuant to Section 4(c), which value is calculated using the Black Scholes Option Pricing Model obtained from the "OV" function on Bloomberg
determined as utilizing (i) an underlying price per share equal to the greater of (1) the highest Closing Sale Price of the
day Common Stock during the period beginning on the Trading Day immediately preceding the earliest to occur of
(x)... the public disclosure of the applicable Fundamental Transaction or (y) the consummation of the applicable Fundamental Transaction for pricing purposes and reflecting (i) ending on the Trading Day of the Holder's request pursuant to Section 4(c) and (2) the sum of the price per share being offered in cash in the applicable Fundamental Transaction (if any) plus the value of the non-cash consideration being offered in the applicable Fundamental Transaction (if any), (ii) a strike price equal to the Exercise Price in effect on the date of the Holder's request pursuant to Section 4(c), (iii) a risk-free interest rate corresponding to the U.S. Treasury rate for a period equal to the greater of (1) the remaining term of this Warrant as of the date of the Holder's request pursuant to Section 4(c), (ii) 4(c) and (2) the remaining term of this Warrant as of the date of consummation of the applicable Fundamental Transaction or as of the date of the Holder's request pursuant to Section 4(c) if such request is prior to the date of the consummation of the applicable Fundamental Transaction and (iv) an expected volatility equal to the greater of 100% and the 100 day volatility obtained from the HVT function on Bloomberg (d etermined utilizing a 365 day annualization factor) as of the Trading Day immediately following the earlier to occur of (x) the public announcement disclosure of the applicable Fundamental Transaction and, if applicable, (iii) and (y) the underlying price per share used in such calculation shall be the sum consummation of the price per share being offered in cash, if any, plus the value of any non-cash consideration, if any, being offered in the applicable Fundamental Transaction.
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Black Scholes Value.
Means means the value of
the unexercised portion of this Warrant
based remaining on
the date of the Holder's request pursuant to Section 4(c)(i), which value is calculated using the Black Scholes Option Pricing Model obtained from the "OV" function on Bloomberg
determined as utilizing (i) an underlying price per share equal to the greater of (1) the highest Closing Sale Price of the
day Common Stock during the period beginning on the Trading Day immediately preceding the announcement of
the... applicable Change of Control (or the consummation of the applicable Fundamental Transaction for pricing purposes Change of Control, if earlier) and reflecting (i) ending on the Trading Day of the Holder's request pursuant to Section 4(c)(i) and (2) the sum of the price per share being offered in cash in the applicable Change of Control (if any) plus the value of the non-cash consideration being offered in the applicable Change of Control (if any), (ii) a strike price equal to the Exercise Price in effect on the date of the Holder's request pursuant to Section 4(c)(i), (iii) a risk-free interest rate corresponding to the U.S. Treasury rate for a period equal to the greater of (1) the remaining term of this Warrant as of the date of the Holder's request pursuant to Section 4(c), (ii) 4(c)(i) and (2) the remaining term of this Warrant as of the date of consummation of the applicable Change of Control or as of the date of the Holder's request pursuant to Section 4(c)(i) if such request is prior to the date of the consummation of the applicable Change of Control, (iv) a zero cost of borrow and (v) an expected volatility equal to the greater of 100% and the 100 30 day volatility obtained from the HVT "HVT" function on Bloomberg (determined utilizing a 365 day annualization factor) as of the Trading Day immediately following the earliest to occur of (A) the public announcement disclosure of the applicable Fundamental Transaction and, if applicable, (iii) Change of Control and (B) the underlying price per share used in such calculation shall be the sum date of the price per share being offered in cash, if any, plus the value of any non-cash consideration, if any, being offered in the applicable Fundamental Transaction. Holder's request pursuant to Section 4(c)(i).
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Black Scholes Value.
Means the value of
the unexercised portion of this Warrant
based remaining on
the date of the Holder's request pursuant to Section 4(c)(i), which value is calculated using the Black Scholes Option Pricing Model obtained from the "OV" function on Bloomberg
determined as utilizing (i) an underlying price per share equal to the greater of (1) the highest Closing Sale Price of the
day Common Stock during the period beginning on the Trading Day immediately preceding the announcement of
the... applicable Fundamental Transaction (or the consummation of the applicable Fundamental Transaction, if earlier) and ending on the Trading Day of the Holder's request pursuant to Section 4(c)(i) and (2) the sum of the price per share being offered in cash in the applicable Fundamental Transaction for pricing purposes and reflecting (i) (if any) plus the value of the non-cash consideration being offered in the applicable Fundamental Transaction (if any), (ii) a strike price equal to the Exercise Price in effect on the date of the Holder's request pursuant to Section 4(c)(i), (iii) a risk-free interest rate corresponding to the U.S. Treasury rate for a period equal to the greater of (1) the remaining term of this Warrant as of the date of the Holder's request pursuant to Section 4(c), (ii) 4(c)(i) and (2) the remaining term of this Warrant as of the date of consummation of the applicable Fundamental Transaction or as of the date of the Holder's request pursuant to Section 4(c)(i) if such request is prior to the date of the consummation of the applicable Fundamental Transaction, (iv) a zero cost of borrow and (v) an expected volatility equal to the greater of 100% and the 100 day volatility obtained from the HVT function on Bloomberg (determined utilizing a 365 day annualization factor) as of the Trading Day immediately following the earliest to occur of (x) the public announcement disclosure of the applicable Fundamental Transaction, (y) the consummation of the applicable Fundamental Transaction and, if applicable, (iii) and (z) the underlying price per share used in such calculation shall be date on which the sum Holder first became aware of the price per share being offered in cash, if any, plus the value of any non-cash consideration, if any, being offered in the applicable Fundamental Transaction. Transaction
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Black Scholes Value.
Means means the value of
the unexercised portion of this Warrant
based remaining on
the date of the Holder's request pursuant to Section 4(c), which value is calculated using the Black Scholes Option Pricing Model obtained from the "OV" function on Bloomberg
determined as utilizing (i) an underlying price per share equal to the greater of (1) the highest Closing Sale Price of the
day Common Stock during the period beginning on the Trading Day immediately preceding the earlier to occur of
the... public disclosure or consummation of the applicable Fundamental Transaction for pricing purposes and reflecting (i) ending on the Trading Day of the Holder's request pursuant to Section 4(c) and (2) the sum of the price per share being offered in cash in the applicable Fundamental Transaction (if any) plus the value of the non-cash consideration being offered in the applicable Fundamental Transaction (if any), (ii) a strike price equal to the Exercise Price in effect on the of date of the Holder's request pursuant to Section 4(c), (iii) a risk-free interest rate corresponding to the U.S. Treasury rate for a period equal to the greater of (1) the remaining term of this Warrant as of the date of the Holder's request pursuant to Section 4(c), (ii) 4(c) and (2) the remaining term of this Warrant as of the date of consummation of the applicable Fundamental Transaction or as of the date of the Holder's request pursuant to Section 4(c) if such request is prior to the date of the consummation of the applicable Fundamental Transaction and (iv) an expected volatility equal to the greater of 100% and the 100 day volatility obtained from the HVT function on Bloomberg (determined utilizing a 365 day annualization factor) as of the Trading Day immediately following the earlier to occur of the public announcement disclosure or consummation of the applicable Fundamental Transaction and, if applicable, (iii) the underlying price per share used in such calculation shall be the sum of the price per share being offered in cash, if any, plus the value of any non-cash consideration, if any, being offered in the applicable Fundamental Transaction.
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Black Scholes Value.
Means the value of this Warrant based on the Black
and Scholes Option Pricing Model obtained from the "OV" function on Bloomberg determined as of the day of
consummation the closing of the applicable Fundamental Transaction for pricing purposes and reflecting (i) a risk-free interest rate corresponding to the U.S. Treasury rate for a period equal to the remaining term of this Warrant as of
the such date of
the Holder's request pursuant to Section 4(c), request, (ii) an expected volatility equal
... to the greater of 100% and the 100 day volatility obtained from the HVT function on Bloomberg as of the Trading Day day immediately following the public announcement of the applicable Fundamental Transaction and, if applicable, Transaction, (iii) the underlying price per share used in such calculation shall be the sum of the price per share being offered in cash, if any, plus the value of any non-cash non cash consideration, if any, being offered in the applicable Fundamental Transaction. Transaction and (iv) a 365 day annualization factor.
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