Maximum Eligibility Number

Example Definitions of "Maximum Eligibility Number"
Maximum Eligibility Number. Initially ______________ (_____________)2 and such number shall be increased each time the Holder releases cash from the Holder's Master Restricted Account to the Company, by a number of shares of Common Stock equal to the Maximum Eligibility Increase Factor
Maximum Eligibility Number. Shall have the meaning set forth in the Series B Warrants
Maximum Eligibility Number. Initially, 1,500,000 shares of Common Stock (as adjusted pursuant to Section 2 (other than Section 2(b)), and such number shall be increased (but not decreased) (i) on each Adjustment Date, by the applicable Reset Share Amount and (ii) upon the later of (a) the Nasdaq Adjustment, if any, and (b) June ___, 2021, by 1% of the Maximum Eligibility Number (as such date) for every $0.025 (as adjusted for stock splits, stock dividends, recapitalizations, reorganizations, reclassification,... combinations, reverse stock splits, or other similar events related to the Common Stock occurring after the Subscription Date) increase in the Exercise Price as a result of the Nasdaq Adjustment, if any (such percentage to be prorated for increases of less than $0.025 (as adjusted for stock splits, stock dividends, recapitalizations, reorganizations, reclassification, combinations, reverse stock splits, or other similar events related to the Common Stock occurring after the Subscription Date)) View More
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