definiens: shall mean Sixteen Million Three Hundred Eight Thousand U.S. Dollars ( US$ 16,308,000),provided that, if the Company completes an equity financing transaction pursuant to which it issues shares of Parent CommonStock for cash during the 90 - day period after the Closing, shall meanthe product of ( i ) Sixteen Million Three Hundred Eight Thousand U.S. Dollars ( US$ 16,308,000 ) and ( ii ) the greater of ( x ) theresult of ( A ) 1.0 minus ( B ) the fraction obtained by dividing ( 1 ) the amount of the aggregate underwriting discounts andcommissions, placement agent fees and offering expenses payable by Parent in respect of such equity financing transaction forsuch financing, by ( 2 ) the sum of ( a ) the aggregate purchase price of the shares paid by the investors in such financing and(b ) the aforementioned aggregate underwriting discounts and commissions, placement agent fees and offering expenses, and(y ) 0.93