Premium Redemption Price

Example Definitions of "Premium Redemption Price"
Premium Redemption Price. Shall mean the following: (a) as to the Initial Shares and Option Shares, 120% of the Share Purchase Price for the Initial Shares and 120% of the Exercise Price (as defined in the Options) for the Option Shares, respectively; (b) as to the Warrant Shares, Adjustment Shares, and Option Warrant Shares, 120% of the dollar amount which is the product of (i) the number of shares to be redeemed, and (ii) the Fair Market Value for shares of Common Stock in existence at... the time (x) of the closing of a redemption of any such shares referred to in (i) immediately above or (y) of the event triggering the right to redemption, whichever results in a greater Premium Redemption Price. (c) as to the Initial Warrants, Adjustment Warrants or Option Warrants, 120% of the dollar amount which is the product of (i) the number of Warrant Shares, Adjustment Shares or Option Warrant Shares to be issued to the Holder upon exercise thereof multiplied by (ii) the Fair Market Value for shares of Common Stock in existence at the time (x) of the closing of the redemption or (y) of the event triggering the right to redemption, whichever results in a greater Premium Redemption Price. View More Arrow
Found in BLUE ZONE INC contract
View All 6 Variations
Premium Redemption Price. Shall mean the following: (a) as to the Initial Shares and Option Shares, 120% of the Share Purchase Price for the Initial Shares and 120% of the Exercise Price (as defined in the Options) for the Option Shares, respectively; (b) as to the Warrant Shares, Adjustment Shares, and Option Warrant Shares, 120% of the dollar amount which is the product of (i) the number of shares to be redeemed, and (ii) the Fair Per Share Market Value for shares of Common Stock in existence at the time (x) of the... closing of a redemption of any such shares referred to in (i) immediately above the Warrant Shares or (y) of the event triggering the right to redemption, whichever results in a greater Premium Redemption Price. (c) (b) as to the Initial Warrants, Adjustment Warrants or Option Warrants, 120% of the dollar amount which is the product of (i) the number of Warrant Shares, Adjustment Shares or Option Warrant Shares to be issued to the Holder upon exercise thereof multiplied by of Warrants, and (ii) the Fair Per Share Market Value for shares of Common Stock in existence at the time (x) of the closing of a redemption of the redemption Warrants or (y) of the event triggering the right to of redemption, whichever results in a greater Premium Redemption Price. View More Arrow
Found in ISCO INTERNATIONAL INC contract
Premium Redemption Price. Shall mean the following: (a) as to the Initial Shares and Option Shares, Debentures, the greater of (i) 120% of the Share Purchase Price for Debenture Amount and (ii) the Initial Shares and 120% of the Exercise Price (as defined in the Options) for the Option Shares, respectively; Conversion Value; (b) as to the Warrant Shares, Adjustment Shares, and Option Shares and/or Warrant Shares, 120% of the dollar amount which is the product of (i) the number of shares to be redeemed, and (ii) the Fair... Market Value Price for shares Shares of Common Stock in existence at the time (x) of the closing of a redemption of any such shares referred to in (i) immediately above the Option Shares and/or Warrant Shares or (y) of the event triggering the right to redemption, whichever results in a greater Premium Redemption Price. (c) as to the Initial Warrants, Adjustment Warrants or Investor Call Option (as defined in the Purchase Agreement) and the Warrants, 120% of the dollar amount which is the product of (i) the number of Warrant Option Shares, Adjustment Common Shares or Option and/or Warrant Shares to be issued to the Holder upon exercise thereof of such Investor Call Option and/or Warrants multiplied by (ii) the Fair Market Value Price for shares Shares of Common Stock in existence at the time (x) of the closing of the redemption of the Call Option and/or Warrants or (y) of the event triggering the right to redemption, whichever results in a greater Premium Redemption Price. View More Arrow
Found in APPLIEDTHEORY CORP contract
Premium Redemption Price. Shall mean the following: (a) as to the Initial Shares and Option Shares, Debentures, the greater of (i) 120% of the Share Purchase Price for Debenture Amount and (ii) the Initial Shares and 120% of the Exercise Price (as defined in the Options) for the Option Shares, respectively; Conversion Value; (b) as to the Warrant Shares, Adjustment Shares, and Option Warrant Shares, 120% of the dollar amount which is the product of (i) the number of shares to be redeemed, and (ii) the Fair Market Value Price for shares Shares of Common Stock in existence at the time (x) of the closing of a redemption of any such shares referred to in (i) immediately above the Warrant Shares or (y) of the event triggering the right to redemption, whichever results in a greater Premium Redemption Price. (c) as to the Initial Warrants, Adjustment Warrants or Option Warrants, 120% of the dollar amount which is the product of (i) the number of Warrant Shares, Adjustment Shares or Option Warrant Shares to be issued to the Holder upon exercise thereof multiplied by (ii) the Fair Market Value for shares of Common Stock in existence at the time (x) of the closing of the redemption or (y) of the event triggering the right to redemption, whichever results in a greater Premium Redemption Price. View More Arrow
Found in Onstream Media CORP contract
View Variations (6) Arrow
Premium Redemption Price. Shall mean the following: (a) as to the Preferred Shares, the greater of (x) 120% of the Liquidation Value (as defined in the Certificate) of all such Preferred Shares being sold to the Company, or (y) 120% of the dollar amount which is the product of (i) the number of Common Shares issuable upon conversion of the Preferred Shares to be redeemed (without regard to any limitation on beneficial ownership contained therein or in the Purchase Agreement) multiplied by (ii) the... highest Common Stock closing price on the Principal Market (or other Approved Market) between and including the date of the event triggering the right of redemption and the trading day immediately prior to the actual redemption of such Preferred Shares, in each case payable in cash; (b) as to the Common Shares and Warrant Shares, the greater of (x) 120% of the dollar amount which is the product of (i) the number of shares to be redeemed, multiplied by (ii) the highest Common Stock closing price on the Principal Market (or other Approved Market) between and including date of the event triggering the right of redemption and the trading day immediately prior to the actual redemption of such shares, or (y) 120% of the Liquidation Value of the Preferred Shares which were converted into the Common Shares being redeemed or 120% of the aggregate exercise price for the Warrants which were exercised for the Warrant Shares being redeemed, as the case may be, in each case payable in cash; and (c) as to the Warrants, 120% of the dollar amount which is the product of (i) the number of Warrant Shares issuable to the Holder upon exercise thereof (assuming full exercise without regard to any beneficial ownership limitations set forth therein or in the Purchase Agreement) multiplied by (ii) the difference between (A) the highest Common Stock closing price on the Principal Market (or other Approved Market) between and including date of the event triggering the right of redemption and the trading day immediately prior to the actual redemption of such shares, less (B) the exercise price under such Warrants, in each case payable in cash. View More Arrow
Found in CLARIENT, INC contract
Premium Redemption Price. Shall mean the following: (a) as to the Preferred Shares, Debentures, the greater of (x) 120% of the Liquidation Value Principal Amount (as defined in the Certificate) Debentures) of all such Preferred Shares Debentures being sold to the Company, or (y) 120% 105% of the Principal Amount of the Debentures being sold to the Company multiplied by the highest Common Stock closing price on the Principal Market (or other Approved Market) between and including date of the event triggering the right of... redemption and the trading day immediately prior to the actual redemption of such Debentures and divided by the then applicable Conversion Price (as defined in the Debentures), in each case payable in cash; (b) as to the Underlying Shares and Warrant Shares, the greater of (x) 105% of the dollar amount which is the product of (i) the number of Common Shares issuable upon conversion of the Preferred Shares shares to be redeemed (without regard to any limitation on beneficial ownership contained therein or in the Purchase Agreement) redeemed, multiplied by (ii) the highest Common Stock closing price on the Principal Market (or other Approved Market) between and including the date of the event triggering the right of redemption and the trading day immediately prior to the actual redemption of such Preferred Shares, in each case payable in cash; (b) as to the Common Shares and Warrant Shares, the greater of (x) 120% of the dollar amount which is the product of (i) the number of shares to be redeemed, multiplied by (ii) the highest Common Stock closing price on the Principal Market (or other Approved Market) between and including date of the event triggering the right of redemption and the trading day immediately prior to the actual redemption of such shares, or (y) 120% of the Liquidation Value Principal Amount of the Preferred Shares Debentures which were converted into the Common Underlying Shares being redeemed or 120% of the aggregate exercise price for the Warrants which were exercised for the Warrant Shares being redeemed, as the case may be, in each case payable in cash; and (c) as to the Warrants, 120% 105% of the dollar amount which is the product of (i) the number of Warrant Shares issuable to the Holder upon exercise thereof (assuming full exercise without regard to any beneficial ownership limitations set forth therein or in and assuming the Purchase Agreement) Adjustment Date under the Adjustment Warrant occurs at such time if it has not already occurred) multiplied by (ii) the difference between (A) the highest Common Stock closing price on the Principal Market (or other Approved Market) between and including date of the event triggering the right of redemption and the trading day immediately prior to the actual redemption of such shares, less (B) the exercise price under such Warrants, in each case payable in cash. View More Arrow
Found in HYBRID NETWORKS INC contract
Premium Redemption Price. Shall mean the following: (a) as to the Preferred Shares, the greater of (x) 120% of the Liquidation Value (as defined in the Certificate) of all such Preferred Shares being sold to the Company, or (y) 120% 105% of the Liquidation Value of the Preferred Shares being sold to the Company multiplied by the highest Common Stock closing price on the Principal Market (or other Approved Market) between and including date of the event triggering the right of redemption and the trading day immediately... prior to the actual redemption of such Preferred Shares and divided by the then applicable Conversion Price (as defined in the Certificate) or the lowest daily volume-weighted average sale price of the Common Stock on the Principal Market during the five (5) Trading Days immediately preceding the redemption date, if lower, in each case payable in cash; (b) as to the Underlying Shares and Warrant Shares, the greater of (x) 105% of the dollar amount which is the product of (i) the number of Common Shares issuable upon conversion of the Preferred Shares shares to be redeemed (without regard to any limitation on beneficial ownership contained therein or in the Purchase Agreement) redeemed, multiplied by (ii) the highest Common Stock closing price on the Principal Market (or other Approved Market) between and including the date of the event triggering the right of redemption and the trading day immediately prior to the actual redemption of such Preferred Shares, in each case payable in cash; (b) as to the Common Shares and Warrant Shares, the greater of (x) 120% of the dollar amount which is the product of (i) the number of shares to be redeemed, multiplied by (ii) the highest Common Stock closing price on the Principal Market (or other Approved Market) between and including date of the event triggering the right of redemption and the trading day immediately prior to the actual redemption of such shares, or (y) 120% of the Liquidation Value of the Preferred Shares which were converted into the Common Underlying Shares being redeemed or 120% of the aggregate exercise price for the Warrants which were exercised for the Warrant Shares being redeemed, as the case may be, in each case payable in cash; and (c) as to the Warrants, 120% Warrant, 105% of the dollar amount which is the product of (i) the number of Warrant Shares issuable to the Holder upon exercise thereof (assuming full exercise without regard to any beneficial ownership limitations set forth therein or in the Purchase Agreement) therein) multiplied by (ii) the difference between (A) the highest Common Stock closing price on the Principal Market (or other Approved Market) between and including date of the event triggering the right of redemption and the trading day immediately prior to the actual redemption of such shares, less (B) the exercise price under such Warrants, Warrant, in each case payable in cash. View More Arrow
Found in HYBRID NETWORKS INC contract
View Variations (2) Arrow
Premium Redemption Price. Shall mean the following: (a) as to the Debentures, the greater of (i) 115% of the Conversion Amount and (ii) the product of (A) the Conversion Ratio and (B) the greatest Market Price during (I) the 5 Trading Days immediately preceding the event giving rise to the redemption of the Debentures, and (II) the period commencing with the 5 Trading Days immediately preceding the Holder's request for redemption of such Debentures and ending on and including the date on which the Premium... Redemption Price with respect to such Debentures is actually paid to the Holder; (b) as to the Warrants, 115% of the positive difference (if any) between (i) the aggregate Exercise Price for the Warrant Shares covered by the Warrants (without reference to any exercise limitation contained in the Warrants) and (ii) the number of underlying Warrant Shares multiplied by the greatest Market Price during (A) the 5 Trading Days immediately preceding the event giving rise to the redemption of the Warrants, and (B) the period commencing with the 5 Trading Days immediately preceding the Holder's request for redemption of such Warrants and ending on and including the date on which the Premium Redemption Price with respect to such Warrants is actually paid to the Holder. (c) as to the Common Shares or Warrant Shares, 115% of the dollar amount which is the product of (i) the number of shares to be redeemed, and (ii) the greatest Market Price during (A) the 5 Trading Days immediately preceding the event giving rise to the redemption of such securities, and (B) the period commencing with the 2 5 Trading Days immediately preceding the Holder's request for redemption of such securities and ending on and including the date on which the Premium Redemption Price with respect to such securities is actually paid to the Holder View More Arrow
Found in CONSTELLATION 3D INC contract
Premium Redemption Price. Shall mean 110% of the Debenture Amount.
Found in ALLIED DEFENSE GROUP INC contract
Premium Redemption Price. The term "Premium Redemption Price" shall have the meaning set forth in subparagraph 5(b) below.
Found in NEXTERA ENTERPRISES INC contract
All Definitions