Additional Share Purchase Price definition

Additional Share Purchase Price shall be equal to 94% of the lesser of (1) the Closing Bid Price (as defined in the Warrant) of the Common Stock on the APR Exercise Date and (2) the arithmetic average of the daily VWAPs (as defined below) for the ten (10) consecutive Trading Days ending on the APR Exercise Date.
Sample 1
Additional Share Purchase Price means the number of shares of Common Stock equal to the quotient of (A) the principal amount of Additional Notes to be purchased by such Buyer at such Additional Closing minus the Additional Cash Purchase Price, divided by (B) $25.00 (as adjusted for any stock dividend, stock split, stock combination, reclassification or similar transaction occurring after the date hereof), rounded to the nearest whole number.
Sample 1Sample 2
Additional Share Purchase Price has the meaning set forth in Section 1.4.
Sample 1Sample 2

Examples of Additional Share Purchase Price in a sentence

  • The Trust’s obligation to sell and issue the Shares to each Purchaser will be subject to the receipt by the Trust of the respective Purchase Price or Additional Share Purchase Price, as applicable, from such Purchaser as set forth in Section 1.5 and the accuracy of the representations and warranties made by such Purchaser and the fulfillment of those undertakings of such Purchaser to be fulfilled prior to the applicable Closing Date.

  • At each Closing, each Purchaser shall remit by wire transfer the amount of funds equal to the Purchase Price or Additional Share Purchase Price, as applicable, with respect to the Shares being purchased by it to the account designated by the Trust.

  • The aggregate purchase price (the “Additional Purchase Price”) for the Additional Notes to be purchased by each Buyer at any Additional Closing shall be the Additional Cash Purchase Price plus the Additional Share Purchase Price.

  • If the Company is required to indemnify the Purchaser pursuant to this Article VII (as determined by a court of competent jurisdiction or by an arbitration award), then the Purchaser shall be entitled, in addition to any other right or remedy it may have, to exercise rights of set-off against any amounts then due and payable to the Company hereunder or that may thereafter become due and payable to the Company hereunder (including under the Secured Promissory Note and the Additional Share Purchase Price).

  • The Additional Share Purchase Price shall be payable by wire transfer to an account designated by Seller.

  • The Seller shall have received from the Purchaser, by wire transfer of immediately available funds, an amount in cash equal to the Purchase Price or the Additional Share Purchase Price, as the case may be.

  • Thenational policy framework will inform the content of the current revision of the HSE National Open Disclosure Policy.Comment/Further Information:Visit the Open Disclosure section of the HSE website here to access numerous resources which have been developed bythe National Open Disclosure Office to support the management of the Open Disclosure process and the implementation of the National Open Disclosure policy.

  • The purchase price per share of the Additional Shares (each referred to herein as the "Additional Share Purchase Price") shall be the same purchase price per share as is paid by the Anchors for the Class A Common Stock purchased by them pursuant to the applicable exercise of an Additional Investment Right.

  • At each Additional Share Closing, the Seller shall deliver the Additional Shares to the Purchaser against payment of the Additional Share Purchase Price.

  • The "Additional Share Purchase Price" shall be the Conversion Price multiplied by the number of Additional Shares.

Related to Additional Share Purchase Price

  • Share Purchase Price shall have the meaning ascribed to such term in Section 2.1(b).

  • Per Share Purchase Price equals $1.00, subject to adjustment for reverse and forward stock splits, stock dividends, stock combinations and other similar transactions of the Common Stock that occur after the date of this Agreement.

  • Closing Purchase Price shall have the meaning ascribed to such term in Section 2.1(b), which aggregate purchase price shall be net of the underwriting discounts and commissions.

  • Cash Purchase Price has the meaning set forth in Section 2.1(b).

  • Unit Purchase Price shall have the meaning ascribed to such term in Section 2.1(b).

  • VWAP Purchase Price means the lesser of (i) the Closing Sale Price on the VWAP Purchase Date; or (ii) ninety-seven percent (97%) of volume weighted average price for the Common Stock traded on the Principal Market during normal trading hours on (A) the VWAP Purchase Date if the aggregate shares traded on the Principal Market on the VWAP Purchase Date have not exceeded the VWAP Purchase Share Volume Maximum and the Sale Price of Common Stock has not fallen below the VWAP Minimum Price Threshold (to be appropriately adjusted for any reorganization, recapitalization, non-cash dividend, stock split, reverse stock split or other similar transaction), or (B) the portion of the VWAP Purchase Date until such time as the sooner to occur of (1) the time at which the aggregate shares traded on the Principal Market has exceeded the VWAP Purchase Share Volume Maximum, or (2) the time at which the Sale Price of Common Stock falls below the VWAP Minimum Price Threshold (to be appropriately adjusted for any reorganization, recapitalization, non-cash dividend, stock split, reverse stock split or other similar transaction).

  • Option Closing Purchase Price shall have the meaning ascribed to such term in Section 2.2(b), which aggregate purchase price shall be net of the underwriting discounts and commissions.

  • Initial Share Price for a Share means the Closing Price on the Exchange (or where such Exchange does not announce or publish a Closing Price, the last traded price, or, if necessary, the mid-market price) for that Share on the Initial Valuation Date, subject to adjustments that may be made pursuant to “DESCRIPTION OF THE NOTES – Adjustments and Exceptional Circumstances”.

  • Net Purchase Price has the meaning set forth in Section 2.1.

  • Additional Shares shall have the meaning specified in Section 14.03(a).

  • Stock Purchase Price has the meaning set forth in Section 2 of the Subscription Agreement.

  • the Purchase Price means the price to be paid by the Buyer to the Seller for the purchase of the Property;

  • Base Purchase Price has the meaning set forth in Section 2.2.

  • Option Purchase Price has the meaning set forth in Section 9.36(b) hereof.

  • Per Unit Purchase Price equals $0.8670, subject to adjustment for reverse and forward stock splits, stock dividends, stock combinations and other similar transactions of the Common Stock that occur between the date of this Agreement and the applicable Closing Date.

  • Maximum Purchase Price has the meaning assigned to the term in the Pricing Side Letter.

  • Purchase Price has the meaning set forth in Section 2.2.

  • Final Share Price for a Share means the Closing Price on the Exchange (or where such Exchange does not announce or publish a Closing Price, the last traded price, or, if necessary, the mid-market price) for that Share on the Final Valuation Date, subject to adjustments that may be made pursuant to “DESCRIPTION OF THE NOTES – Adjustments and Exceptional Circumstances”.

  • Additional Purchase Price has the meaning provided in Section 1.2(b).

  • Adjustment Shares shall have the meaning set forth in Section 11(a)(ii) hereof.

  • Closing Stock Consideration means a number of shares of Parent Common Stock equal to (a) the Stock Consideration, minus (b) any shares of Parent Common Stock used to fund the SC Escrow Amount.

  • Share Purchase has the meaning set out in Section 2.1.

  • VWAP Purchase Share Estimate means the number of shares of Common Stock that the Company has in its sole discretion irrevocably instructed its Transfer Agent to issue to the Buyer via the Depository Trust Company (“DTC”) Fast Automated Securities Transfer Program in connection with a VWAP Purchase Notice pursuant to Section 1(c) hereof and issued to the Buyer’s or its designee’s balance account with DTC through its Deposit Withdrawal At Custodian (DWAC) system on the VWAP Purchase Date (to be appropriately adjusted for any reorganization, recapitalization, non-cash dividend, stock split, reverse stock split or other similar transaction).

  • Purchase Price Per Share means $0.01 per share, as may be adjusted from time to time in accordance with Section 5 or 6.

  • Purchase Price Adjustment Escrow Amount means $500,000.

  • Purchase Price Adjustment has the meaning set forth in Section 2.6.