PROHIBITED EXERCISE
PROHIBITED EXERCISE. Means any exercise of this Warrant which would result in the Warrantholder (together with its Affiliates who are parties to the Purchase Agreement) holding, in the aggregate, a number of shares of Common Stock that, when aggregated with all of the other shares of Common Stock held by such parties and acquired from the Company, would violate any Requirement of Law (as defined in the Purchase Agreement) or any rule or regulation of any Governmental Authority (as defined in the Purchase Agreement).
Found in
PM Liquidating Corp. contract
PROHIBITED EXERCISE. Means any exercise of this Warrant which would result in the Warrantholder violating any Requirement of Law, any rule or 9 regulation of any Governmental Authority, or the Company's Insider Trading Policy, as modified in good faith by the Company and communicated to the Warrantholder from time to time.
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Found in
PM Liquidating Corp. contract