Required Warrant Coverage Amount

Example Definitions of "Required Warrant Coverage Amount"
Required Warrant Coverage Amount. The term "Required Warrant Coverage Amount" shall mean that number of Shares that is determined by application of the following formula: (x) the quotient of (i) the Outstanding Shares minus the Asset Shares, divided by (ii) 0.55, minus (y) the Outstanding Shares, and (z) rounded to the nearest whole share.
Found in PECO II INC contract
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