Mandatory Exercise Condition

Example Definitions of "Mandatory Exercise Condition"
Mandatory Exercise Condition. Any Trading Day on which (i) the Common Stock is trading on a Trading Market, (ii) the Market Value of the Common Stock for each of the twenty (20) previous Trading Days has exceeded $4.00 per share (as adjusted for stock splits, stock dividends, combinations and similar transactions), (iii) the Common Stock has an average daily trading volume of greater than 50,000 shares per day during the previous (20) Trading Days, as reported by Bloomberg L.P. and (iv) a Warrant Shares Registration... Statement covering the resale of the Warrant Shares issuable upon exercise of this Warrant is effective. View More
Found in Sandy Springs Holdings, Inc. contract
Mandatory Exercise Condition. Any Trading Day on which (i) the Common Stock is trading on a Trading Market, (ii) Market and on which the Market Value of the Common Stock for each of the twenty (20) fifteen (15) previous Trading Days has exceeded $4.00 $1.75 per share (as adjusted for stock splits, stock dividends, combinations and similar transactions), (iii) the Common Stock has an average daily trading volume of greater than 50,000 shares per day during the previous (20) Trading Days, as reported by Bloomberg L.P. and ... class="diff-color-red">(iv) (ii) a Warrant Shares Registration Statement covering the resale of the Warrant Shares shares of Common Stock issuable upon exercise of this Warrant is effective. View More
Found in GALECTIN THERAPEUTICS INC contract
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Mandatory Exercise Condition. Any Trading Day on which the Common Stock is trading on a Trading Market and on which the Market Value of the Common Stock for each of the fifteen (15) previous Trading Days exceeded $1.25 per share (as adjusted for stock splits, stock dividends, combinations and similar transactions), and (ii) a Warrant Shares Registration Statement covering the resale of the shares of Common Stock issuable upon exercise of this Warrant is effective.
Found in GALECTIN THERAPEUTICS INC contract
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