Exercise Number

Example Definitions of "Exercise Number"
Exercise Number. The aggregate number of Warrant Shares purchasable upon the exercise of this Warrant, which shall be equal to such number of Warrant Shares as is obtained by multiplying (a) the number obtained by multiplying the sum of (i) the aggregate number of outstanding shares of Common Stock issued and outstanding on the Warrant Exercise Date, plus (ii) the number of shares of Common Stock of the Company issuable upon the exercise of all Options that have been granted by the Company as of the Warrant... Exercise Date and upon the conversion of all Convertible Securities outstanding as of the Warrant Exercise Date including shares issuable upon the exercise of the Class B Warrants (whether or not such Options or the right to convert or exchange any such Convertible Securities are immediately exercisable), but excluding shares issuable upon the exercise of the Class A Warrants and the Class C Warrants (except as provided in subparts (iii) and (iv) below), plus (iii) the number of shares of Series E Preferred Stock (or Common Stock, if a Conversion Event has occurred) issuable upon the exercise of the Class A Warrants, if the Class A Warrants become exercisable prior to the exercise of this Warrant, plus (iv) the number of shares of Series E Preferred Stock (or Common Stock, if a Conversion Event has occurred) issuable upon the exercise of the Class C Warrants, if the Class C Warrants become exercisable prior to the exercise of this Warrant, times (b) three percent (3%), times (c) a fraction, the numerator of which is the Initial Preferred Shares and the denominator of which is the aggregate number of shares of Series E Preferred Stock, Series F Preferred Stock and Series G Preferred Stock outstanding at the Warrant Exercise Date. View More Arrow
Exercise Number. Shall mean 1,701,805 shares of Series B Preferred Stock, as such number may be adjusted as provided below.
All Definitions