Warrant Exercise Amount

Warrant Exercise Amount. Means, with respect to each exercise of the Warrant, the product of the Exercise Price (as defined in the Warrant) applicable to such exercise multiplied by the number of Shares purchased (or, if the Warrant is exercised pursuant to Section 3(B)(ii) thereof, the number of Shares actually issued plus the number of Shares withheld as payment of the Exercise Price for such purchased Shares) by the Warrantholder upon such exercise.