Per Share Price. The purchase price per Share to be paid by Purchaser to Sellers pursuant to Sellers’ exercise of the Put Right (the “Per Share Price”) shall be equal to the greater of the following:
(a) 115% of the applicable Reference Price (as defined herein); and
(b) US$13.00 per Share (the “Floor Price”); provided, however, if the closing price for the Shares drops below US$5.00 per Share for three (3) trading days (US$10.00 per ADS as quoted on the NASDAQ Global Market) during any Reference Period (as defined below) (a “Floor Termination Event”), then the Floor Price shall not apply to the immediately following Exercise Period (as defined herein) and the Per Share Price applicable to such Exercise Period shall be 115% of the applicable Reference Price. For the avoidance of doubt, the Floor Price shall apply to each subsequent Exercise Period unless there is a Floor Termination Event with respect to such Exercise Period. Notwithstanding the foregoing, or anything else contained herein, in no event shall the Per Share Price payable in respect of any Shares under this Agreement exceed US$25.50 per Share (US$51.00 per ADS) (the “Price Cap”).
Per Share Price. Per Share Price" shall have the meaning specified in Section 1.1 of the Agreement.
Per Share Price. The purchase price for each Warrant Share shall be $0.01 (the “Per Share Price”), subject to adjustment pursuant to Sections 6 and 8.
Per Share Price. On or about the date hereof, the Seller has agreed to sell an additional 2,000,000 shares of Common Stock in a transaction with Xxxxxxx, Sachs & Co. under Rule 144 under the Securities Act of 1933 (the “Rule 144 Sale”), and the Per Share Price under this Agreement is equal to the per share price that the Seller expects to receive in the Rule 144 Sale plus $0.10 per share.
Per Share Price. The shares of Common Stock included in the Registration Statement filed by the Company with the SEC and to be offered for sale in the Offering, shall be offered by the Selling Stockholders and/or their registered representatives at a per share price of $0.48 unless and until the Common Stock is included for quotation on the NASDAQ Over-the-Counter Bulletin Board Trading System or a market for our Common Stock otherwise develops. Thereafter, shares of Common Stock may be offered by the Selling Stockholders from time to time at prevailing market prices.
Per Share Price. Diluted Per Share Price = ------------------------------------------------- US$60,000,000 where: Adj = the product of US$20,000,000 and the average of AdjA, AdjB and AdjC; AdjA = the lesser of (i) 1 and (ii) a fraction, where (x) the numerator is equal to the excess, if any, of Net Revenue for the year ending December 31, 2004, over RMBY540,000,000 and (y) the denominator is RMBY225,000,000; AdjB = the lesser of (i) 1 and (ii) a fraction, where (x) the numerator is equal to the excess, if any, of EBITDA for the year ending December 31, 2004, over RMBY18,600,000 and (y) the denominator is RMBY7,750,000; and AdjC = the lesser of (i) 1 and (ii) a fraction, where (x) the numerator is equal to the excess, if any, of EBIT for the year ending December 31, 2004, over RMBY5,100,000 and (y) the denominator is RMBY2,125,000.
Per Share Price thereafter,
Per Share Price. Neither Buyer nor the Surviving Corporation shall be liable to any holder of Shares for cash delivered to a public official in connection herewith pursuant to any applicable abandoned property, escheat or similar law.
Per Share Price. The purchase of the Shares by the Investor hereunder shall be at a price per share equal to the average of the closing sale prices for the Common Stock on the NASDAQ National Market on the twenty (20) trading days preceding the date on which the Investor notified the Corporation pursuant to Section 2.4 of the Option Agreement, dated as of October 13, 1997, by and between the Investor and the Corporation (the "Option Agreement") that it was contemplating exercising its option thereunder.
Per Share Price. The shares of Common Stock included in the Registration Statement filed by the Company with the SEC and to be offered for sale in the Offering, shall be offered by the Selling Stockholders and/or their registered representatives at a per share price of $0.48 until the earlier of (a) ninety days following the date of the prospectus contained in the Registration Statement, or (b) the inclusion of the Common Stock on the NASDAQ Over-the-Counter Bulletin Board Trading System. Thereafter, shares of Common Stock may be offered by the Selling Stockholders from time to time through public and private transactions at prevailing market prices or at privately negotiated prices.
