Qualified Financing Purchase Price Defined. For purposes of this Note, the term “Qualified Financing Purchase Price” shall mean an amount equal to the lowest per share purchase price at which shares of the New Equity Securities are or have been sold in the Qualified Financing as of the date of the conversion of this Note into such New Equity Securities.
Appears in 2 contracts
Samples: Note and Warrant Purchase Agreement, Convertible Promissory Note and Warrant Purchase Agreement (Mascoma Corp)
Qualified Financing Purchase Price Defined. For purposes of this Note, the term “Qualified Financing Purchase Price” Price shall mean an amount equal to the lowest per share purchase price at which shares of the New Equity Securities are or have been sold in the Qualified Financing as of the date of the conversion of this Note into such New Equity Securities.
Appears in 2 contracts
Samples: Convertible Note Purchase Agreement, Subordinated Convertible Note Purchase Agreement (Mascoma Corp)
Qualified Financing Purchase Price Defined. For purposes of this Note, the term “Qualified Financing Purchase Price” shall mean an amount equal to the lowest per share or unit purchase price at which shares of the New Equity Securities are or have been sold for cash in the Qualified Financing as of the date of the conversion of this Note into such New Equity Securities.
Appears in 1 contract
Samples: Convertible Note Purchase Agreement (Arno Therapeutics, Inc)
