Capped Price definition

Capped Price means, if applicable, the level specified as such in the definition of the relevant Series in the applicable Final Terms, subject to adjustment in accordance with Product Condition 4;

Capped Price means, with respect to any Qualified Financing, the per share price implied by a fully-diluted, pre-money valuation of the Company of $1,200,000,000 (which valuation includes any increase to the option pool made prior to or at the time of such Qualified Financing and all other rights to acquire capital stock of the Company outstanding at the time of such Qualified Financing (other than the Notes and any other convertible notes of the Company outstanding as of prior to such Qualified Financing)).

Capped Price means the pre-money price per share of the Corporation, which is capped at Two Hundred and Twenty-Five Thousand Dollars ($225,000).

Examples of Capped Price in a sentence

• If the actual Cylinder Cost upon the expiration of the Initial Production Period is less than the Capped Price, PowderJect shall promptly reimburse AlgoRx for its overpayment for Gas Cylinders during the Initial Production Period.

• Upon the closing of such Qualified Financing, all then outstanding principal on each Instrument shall automatically convert into that number of shares of capital stock issued in such Qualified Financing (the “Qualified Financing Securities”) equal to the quotient obtained by dividing (i) the outstanding principal amount of such Instrument by (ii) the lower of (x) the Conversion Discount Price (as defined below), or (y) the Capped Price (as defined below).

• If PowderJect is Manufacturing Gas Cylinders, the Cylinder Cost for the first twelve (12) months that PowderJect is Manufacturing such cylinders (the "Initial Production Period") shall be the Capped Price.

• During the term of this Agreement, the Capped Price may be increased or decreased only as set forth in this Section 5.2.

• Unless the Notes have been previously converted or otherwise repaid prior to the Maturity Date, on the Maturity Date, the entire outstanding principal amount of such Notes plus all accrued and unpaid interest thereon of the Notes shall be converted automatically into that number of shares of common stock of the Company determined by dividing the (a) entire outstanding principal amount of such Notes plus all accrued and unpaid interest thereon by (b) the Capped Price.

More Definitions of Capped Price

Capped Price means the price per share equal to the Valuation Cap divided by the Company Capitalization.

Capped Price means the price obtained by dividing $260,000,000 by the number of outstanding shares of Common Stock immediately prior to the deSPAC Transaction or Qualified Financing (as applicable) (assuming conversion of all securities convertible into shares of Common Stock and exercise of all issued or outstanding options and warrants, but excluding the equity securities of the Company issuable upon the conversion of the Notes and any other convertible securities).

Capped Price means, with respect to any Qualified Financing, the per share price implied in respect of the Qualified Financing by a fully-diluted (on an as-converted to Common Stock basis), pre-money valuation of $200,000,000 for the Company (which valuation includes any increase to the option pool made prior to or at the time of such Qualified Financing and all other rights to acquire equity of the Company outstanding at the time of such Qualified Financing (other than the Note and any other convertible notes of the Company outstanding as of such Qualified Financing and the Warrant)), and with respect to a Change of Control, optional conversion by the holder or automatic conversion on the Maturity Date shall mean the per share price of Common Stock implied by a fully-diluted (on an as-converted to Common Stock basis), pre-money valuation of $200,000,000, which valuation includes all then outstanding equity and exercisable rights to acquire equity of the Company outstanding immediately prior to the Change of Control or optional or automatic conversion (excluding in any event the Note and any other convertible notes of the Company outstanding as of such Change of Control or optional or automatic conversion and the Warrant).

Capped Price has the meaning set forth in Schedule 1.6.

Capped Price means, with respect to any Qualified Financing, the per share price implied by a fully-diluted (on an as-converted to common stock basis), pre-money valuation of $400,000,000 for the Company (which valuation includes any increase to the option pool made prior to or at the time of such Qualified Financing and all other rights to acquire equity of the Company outstanding at the time of such Qualified Financing (other than the Notes and any other convertible notes of the Company outstanding as of such Qualified Financing)), and with respect to a Change of Control, optional conversion by the holder or automatic conversion on the Maturity Date shall mean the per share price of common stock implied by a fully-diluted (on an as-converted to common stock basis), pre-money valuation of $400,000,000, which valuation includes all outstanding equity and exercisable rights to acquire equity of the Company outstanding immediately prior to the Change of Control or optional or automatic conversion (excluding in any event the Notes and any other convertible notes of the Company outstanding as of such Change of Control or optional or automatic conversion).

Capped Price means the price per share determined by dividing (x) the Valuation Cap, by(y) the Fully Diluted Capitalization as of immediately prior to the Notice Date or closing of the Liquidity Event or Qualified Financing, as the case may be.

Capped Price means, for an item of Equipment or Infusion Equipment, the Price set out in the Price Form as the Capped Price, as applicable;