Warrant Amount

Warrant Amount. As of any exercise date, means a number of Warrant Shares equal to: (i) a fraction, the numerator of which is the Warrant Percentage for this Warrant as of such exercise date and the denominator of which is the total of the 2 Warrant Percentages for all of the Series A Warrants of the Company (including this Warrant) as of such exercise date; MULTIPLIED BY (ii) the difference of:... (A) (1) the aggregate number of shares of Common Stock which would be outstanding on such date on a fully diluted basis and assuming that all options, warrants (but excluding this Warrant and each other Series A Warrant of the Company) and any other rights to purchase shares of Common Stock outstanding on such date shall have been exercised on such date DIVIDED BY (2) (x) one hundred percent MINUS (y) the total of the Warrant Percentages for all of the Series A Warrants of the Company (including this Warrant) as of such exercise date, MINUS (B) the aggregate number of shares of Common Stock which would be outstanding on such date on a fully diluted basis and assuming that all options, warrants (but excluding this Warrant and each other Series A Warrant of the Company) and any other rights to purchase shares of Common Stock outstanding on such date shall have been exercised on such date; PROVIDED, HOWEVER, that the Warrant Amount shall be fixed in accordance with the foregoing formula (subject to changes pursuant to Section 6 or 7 hereof) at the close of business on the day immediately preceding the date of consummation of an Initial Public Offering, if any, or the close of business on the day immediately preceding the date of consummation of an Acquisition Event, if any, whichever first occurs. View More

Warrant Amount. Means $[warrant amount].