Common Stock Conversion Amount definition

Common Stock Conversion Amount means the number of shares of common stock of the surviving corporation in a Qualified Corporate Conversion that a Member is entitled to receive with respect to its Units which amount shall equal:
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Common Stock Conversion Amount means the Aggregate Merger Consideration less the sum of the Series A Liquidation Payment and the Series B Liquidation Payment, with the difference divided by the number of shares of Common Stock issued and outstanding immediately prior to the Effective Time.
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Common Stock Conversion Amount shall have the meaning set forth in Section 6(a).
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Examples of Common Stock Conversion Amount in a sentence

  • Notwithstanding anything to the contrary in this Section 10(c), but subject to Section 3(d), until the Company delivers Common Stock representing the Holder Optional Common Stock Conversion Amount to the Holder, the Holder Optional Common Stock Conversion Amount may be converted by the Holder into Common Stock pursuant to Section 3.

  • Subject to the terms of Section 2.8(e), each issued and outstanding share of Common Stock immediately prior to the Effective Time (other than any shares of Common Stock to be canceled in accordance with Section 2.9(b) and other than Appraisal Shares) shall be converted into and represent the right to receive an amount of cash (rounded to the nearest cent), without interest, equal to the Common Stock Conversion Amount.

  • For purposes of determining the number of outstanding shares of Common Stock the Holder may acquire in respect of the Common Stock Conversion Amount without exceeding the Maximum Percentage, the Company shall provide the Holder with a written notice, upon which the Holder may rely setting forth the number of shares of Common Stock outstanding.

  • ERD shall use its best efforts to obtain financing on terms reasonably satisfactory to ERD's board of directors to enable ERD to pay the Common Stock Conversion Amount and the Preferred Stock Conversion Amount.

  • The Common Stock Conversion Amount and the Series B Conversion Amount to be paid in accordance with the terms hereof shall be deemed to be paid in full satisfaction of all rights pertaining to the shares of ENSA Common Stock or ENSA Series B or Series C Preferred Stock, as the case may be.

  • This Warrant has been issued pursuant to the provisions of the definitions of "Preferred Stock Corporate Conversion" and "Common Stock Conversion Amount" provided in the LLC Agreement.

  • For the avoidance of doubt, if the number of shares of Common Stock issuable upon conversion of the Common Stock Conversion Amount will not result in the Holder together with the other Attribution Parties collectively beneficially owning a number of shares of Common Stock equal to more than the Maximum Percentage, then there will be no PFW Conversion Amount.

  • Each holder of any such share of Company Common Stock shall be deemed hereby to have appointed the Exchange Agent (as defined in Section 2.3(a)) as its agent to subscribe for shares of Parent Common Stock by applying the aggregate Common Stock Conversion Amount for such purchase.

  • The Common Stock Conversion Amount shall be paid by check and shall be mailed to the address of such Surrendering Stockholder as indicated on ENSA's stock register or to such other address as such Surrendering Stockholder indicates in writing signed by such Surrendering Stockholder.

  • At the end of any such Extension Period the Company shall pay all interest then accrued and unpaid on this Security; provided, however, that no Extension Period shall extend beyond the Stated Maturity of the principal of this Security; provided, further, that during any such Extension Period, the Company shall comply with certain covenants contained in the Indenture, as applicable.


More Definitions of Common Stock Conversion Amount

Common Stock Conversion Amount has the meaning set forth in Section 2.1.
Sample 1
Common Stock Conversion Amount means, in respect of each share of Common Stock (or share of Common Stock issuable upon exercise of a Company Stock Option), the quotient obtained by dividing (i) the sum of (x) the Aggregate Common Equity Amount plus (y) the aggregate exercise price of all Company Stock Options with respect to which such payment is required to be made by (ii) the Fully Diluted Share Number.
Sample 1
Common Stock Conversion Amount means the quotient (calculated to the fourth decimal place and truncated thereafter) obtained by dividing (a) the Common Cash Consideration by (b) the outstanding Company Common Stock immediately prior to the Effective Date of the Merger.
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Related to Common Stock Conversion Amount

  • Conversion Amount means the sum of the Stated Value at issue.

  • Early Preference Share Redemption Amount means, subject to the provisions of the Articles and the Conditions, in respect of each Preference Share, an amount expressed in the Settlement Currency calculated by the Calculation Agent as the fair market value (calculated without taking into account the creditworthiness of the Company) of a Preference Share as of the Early Preference Share Valuation Date taking into account such factor(s) as the Calculation Agent determines appropriate, including, but not limited to, the relevant Early Preference Share Redemption Event after deducting any Associated Costs (to the extent not already reflected in such fair market value).

  • Series B Conversion Price means, as of the applicable Conversion Date, the greater of (A) the average of the Market Values of the Common Stock for the five consecutive Trading Days preceeding (but not including) such Conversion Date, or (B) the then effective Series B Minimum Conversion Price.

  • Final Preference Share Redemption Amount means, subject to the provisions of the Articles and the Conditions, in respect of each Preference Share, an amount expressed in the Settlement Currency determined by the Calculation Agent equal to the Notional Amount multiplied by:

  • Forced Conversion Amount means the sum of (a) 100% of the aggregate Stated Value then outstanding and (b) all liquidated damages and other amounts due in respect of the Preferred Stock.

  • Series A Conversion Price shall initially be equal to $0.71. Such initial Series A Conversion Price, and the rate at which shares of Series A Preferred Stock may be converted into shares of Common Stock, shall be subject to adjustment as provided below.

  • Common Stock Consideration has the meaning set forth in Section 1.6(b).

  • Series B-2 Preferred Shares means the Company’s series B-2 preferred shares, par value US$0.00001 per share.

  • Interest Conversion Shares shall have the meaning set forth in Section 2(a).

  • Stock Conversion Number shall have the meaning set forth in Section 3.2.1.

  • Company Conversion Price means, the lower of (i) the applicable Conversion Price and (ii) that price which shall be computed as ninety five percent (95%) of the lowest Volume Weighted Average Price of the Common Stock during the fifteen (15) consecutive Trading Days immediately preceding the applicable Installment Date. All such determinations to be appropriately adjusted for any stock split, stock dividend, stock combination or other similar transaction.

  • Series B-2 Preferred Stock means shares of the Company’s Series B-2 Preferred Stock, par value $0.001 per share.

  • New Conversion Price means the amount determined in accordance with the following formula, which shall apply from the QTE Effective Date: NCP = ECP * (VWAPAES / VWAPOS) where:

  • Final Preference Share Redemption Date means the date that falls twenty Business Days following the Valuation Date on which the Calculation Agent has determined the Final Preference Share Redemption Amount or, if earlier, the first Auto-Call Valuation Date on which an Auto-Call Trigger Event has occurred.

  • Series A-1 Preferred Shares means the Company’s series A-1 preferred shares, par value US$0.00001 per share.

  • Series A Conversion Rate means, as adjusted pursuant to Section 5.8(b)(vi)(E), the number of Common Units issuable upon the conversion of each Series A Preferred Unit, which shall be the quotient of (a) the sum of (i) the Series A Issue Price, plus (ii) any Series A Unpaid Distributions on the applicable Series A Preferred Unit, plus (iii) only for purposes of the definition of “Series A COC Conversion Rate,” any Series A Partial Period Distributions on the applicable Series A Preferred Unit, divided by (b) the Series A Issue Price.

  • Series B-1 Preferred Shares means the Company’s series B-1 preferred shares, par value US$0.00001 per share.

  • Early Preference Share Redemption Date means the day falling ten Business Days after the Early Preference Share Valuation Date.

  • Series C Preferred Shares means the Company’s series C preferred shares, par value US$0.00001 per share.

  • Per Share Amount has the meaning set forth in Section 3.01(c).

  • Conversion Consideration shall have the meaning specified in Section 14.12(a).

  • Interest Share Amount shall have the meaning set forth in Section 2(a).

  • Series D Preferred Shares means the Company’s series D preferred shares, par value US$0.00001 per share.

  • Early Preference Share Redemption Event means the event that occurs if:

  • Per Share Stock Consideration has the meaning set forth in Section 3.01(a)(i).

  • Conversion Share means any share of Common Stock issued or issuable upon conversion of any Note.