Deemed Purchase Price definition

Deemed Purchase Price has the meaning set forth in Section 6.1(b)(ii).
Deemed Purchase Price means an amount equal to the lesser of: (i) 85% of the Share Price of the Equity Shares on the Purchase Date at the start of the applicable Contribution Period; and (ii) 85% of the Share Price of the Equity Shares on the day preceding the Purchase Date at the end of the applicable Contribution Period;
Deemed Purchase Price means US$10.00 per share, subject to adjustment in the event of a stock split, share combinations, stock dividend or similar event applicable to the Series B Preferred Shares.

Examples of Deemed Purchase Price in a sentence

  • The Series A Preferred Stock shall have a Deemed Purchase Price of Twenty-Two Thousand, Six Hundred and Fifty-Six Dollars and Twenty-Five Cents ($22,656.25) per share, for an aggregate of Two Million, Two Hundred and Sixty-Five thousand, Six Hundred and Twenty-Five Dollars ($2,265,625.00).

  • If such dividend is not declared and paid, for any reason, the Deemed Purchase Price of the Series A Preferred Shares shall be increased by such accrued dividend and shall, at the option of the Holder, be convertible into common stock of the Company or otherwise redeemed.

  • As among the Sellers, the Deemed Purchase Price shall be allocated among the respective Sellers in accordance with the provisions of Schedule 2.7, and the payment of transaction fees and expenses shall be allocated among the respective Sellers in accordance with the provisions of Schedule 2.7. The portion of the Deemed Purchase Price payable to any Seller shall be reduced by the aggregate exercise price of all Warrants and Stock Options being transferred by such Seller to the Buyer at Closing.

  • The number of Ordinary Shares to which a holder shall be entitled upon conversion of each Series A Preferred Share shall be the quotient of the Series A Deemed Purchase Price divided by the then effective Series A Conversion Price (the “Series A Conversion Price”), which shall initially be equal to the Series A Deemed Purchase Price, resulting in an initial conversion ratio for Series A Preferred Shares of 1:1.

  • The number of Ordinary Shares to which a holder shall be entitled upon conversion of each Series B-3 Preferred Share shall be equal to the quotient of the Series B-3 Deemed Purchase Price divided by the then effective Series B-3 Conversion Price (the “Series B-3 Conversion Price”), which shall initially be equal to the Series B-3 Deemed Purchase Price, resulting in an initial conversion ratio for Series B-3 Preferred Shares of 1:1.

  • The number of Ordinary Shares to which a holder shall be entitled upon conversion of each Series D Preferred Share shall be equal to the quotient of the Series D Deemed Purchase Price divided by the then effective Series D Conversion Price (the “Series D Conversion Price”), which shall initially be equal to the Series D Deemed Purchase Price resulting in an initial conversion ratio for the Series D Preferred Shares of 1:1.

  • Variations are mainly attributable to degradation of the primary mirror and corrector mirror coatings, followed by an improvement since mid 2003 as these coatings have been replaced.

  • The Series E Preferred Stock shall have a Deemed Purchase Price of One Hundred Dollars ($100) per share.

  • In the event that such updated Deemed Purchase Prices are established as contemplated by the preceding sentence, then the maximum Indemnity Loss with respect to a particular individual Loan that is established by clause (i) of the first sentence of this subsection (b) shall be the Deemed Purchase Price, as so updated, of that Loan in lieu of the calculation set forth in such clause (i).

  • If such dividend is not declared and paid, for any reason, the Deemed Purchase Price of the Series D Preferred Shares shall be increased by such accrued dividend and shall, at the option of the holder, be convertible into common stock of the Company or otherwise redeemed.


More Definitions of Deemed Purchase Price

Deemed Purchase Price means:
Deemed Purchase Price is defined in Section 2.7.
Deemed Purchase Price means an amount equal to the lesser of: (i) 85% of the Share Price of the Equity Shares
Deemed Purchase Price has the meaning set forth in Section 9.1(b)(ii).

Related to Deemed Purchase Price

  • Deferred Purchase Price shall have the meaning set forth in Section 2(a).

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

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

  • Allocated Purchase Price means with respect to each Purchaser, the dollar amount set forth opposite such Purchaser’s name under the heading “Allocated Purchase Price” on Schedule A hereto.

  • Estimated Purchase Price has the meaning set forth in Section 2.4(a).

  • 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).

  • Accelerated Purchase Price means, with respect to any Accelerated Purchase made pursuant to Section 2(b) hereof, the lower of ninety-seven percent (97%) of (i) the VWAP for the period beginning at 9:30:01 a.m., Eastern time, on the applicable Accelerated Purchase Date, or such other time publicly announced by the Principal Market as the official open (or commencement) of trading on the Principal Market on such applicable Accelerated Purchase Date (the "Accelerated Purchase Commencement Time"), and ending at the earliest of (A) 4:00:00 p.m., Eastern time, on such applicable Accelerated Purchase Date, or such other time publicly announced by the Principal Market as the official close of trading on the Principal Market on such applicable Accelerated Purchase Date, (B) such time, from and after the Accelerated Purchase Commencement Time for such Accelerated Purchase, that the total number (or volume) of shares of Common Stock traded on the Principal Market has exceeded the applicable Accelerated Purchase Share Volume Maximum, and (C) such time, from and after the Accelerated Purchase Commencement Time for such Accelerated Purchase, that the Sale Price has fallen below the applicable Accelerated Purchase Minimum Price Threshold (such earliest of (i)(A), (i)(B) and (i)(C) above, the "Accelerated Purchase Termination Time"), and (ii) the Closing Sale Price of the Common Stock on such applicable Accelerated Purchase Date (to be appropriately adjusted for any reorganization, recapitalization, non-cash dividend, stock split, reverse stock split or other similar transaction).

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

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

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

  • Loan Purchase Price With respect to any Home Equity Loan purchased from the Trust on or prior to a Monthly Remittance Date pursuant to Section 3.04, 3.06(b) or 8.10(b) hereof, an amount equal to the outstanding principal balance of such Home Equity Loan as of the date of purchase (assuming that the Monthly Remittance Amount remitted by the Servicer on such Monthly Remittance Date has already been remitted), plus all accrued and unpaid interest on such Home Equity Loan at the Coupon Rate to but not including the date of such purchase together with (without duplication) the aggregate amounts of (i) all unreimbursed Delinquency Advances and Servicing Advances theretofore made with respect to such Home Equity Loan, (ii) all Delinquency Advances which the Servicer has theretofore failed to remit with respect to such Home Equity Loan, (iii) all reimbursed Delinquency Advances and Servicing Advances to the extent that reimbursement is not made from the Mortgagor and (iv) any costs and damages incurred by the Trust in connection with any violation by the Home Equity Loan of any predatory or abusive lending law.

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

  • Repurchase Price means, with respect to any Loan, first taking the Book Value of the Asset at Bank Closing and either subtracting the Asset discount or adding the Asset premium, and subsequently adjusting that total by (i) adding any advances and interest on such Loan after Bank Closing, (ii) subtracting the total amount received by the Assuming Institution for such Loan after Bank Closing, regardless of how applied, and (iii) adding total disbursements of principal made by Receiver not otherwise included in the Book Value.

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

  • Aggregate Purchase Price has the meaning set forth in Section 1.1.

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

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

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

  • 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.

  • Receivables Purchase Price means $1,375,000,017.71.

  • Accelerated Purchase Share Amount means, with respect to an Accelerated Purchase made pursuant to Section 2(b) hereof, the number of Purchase Shares directed by the Company to be purchased by the Investor in an Accelerated Purchase Notice, which number of Purchase Shares shall not exceed the lesser of (i) 300% of the number of Purchase Shares directed by the Company to be purchased by the Investor pursuant to the corresponding Regular Purchase Notice for the corresponding Regular Purchase referred to in clause (i) of the second sentence of Section 2(b) hereof (subject to the Purchase Share limitations contained in Section 2(a) hereof) and (ii) an amount equal to (A) the Accelerated Purchase Share Percentage multiplied by (B) the total number (or volume) of shares of Common Stock traded on the Principal Market during the period on the applicable Accelerated Purchase Date beginning at the Accelerated Purchase Commencement Time for such Accelerated Purchase and ending at the Accelerated Purchase Termination Time for such Accelerated Purchase.

  • Additional Accelerated Purchase Price means, with respect to an Additional Accelerated Purchase made pursuant to Section 2(c) hereof, ninety-seven percent (97%) of the lower of (i) the VWAP for the period on the applicable Additional Accelerated Purchase Date, beginning at the time mutually agreed by the Company and the Investor and set forth in the applicable Additional Accelerated Purchase Notice delivered by the Company to the Investor with respect to such Additional Accelerated Purchase, which shall not be earlier than the latest of (A) the applicable Accelerated Purchase Ending Time with respect to the corresponding Accelerated Purchase referred to in clause (i) of the proviso in the second sentence of Section 2(c) hereof on such Additional Accelerated Purchase Date, (B) the applicable Additional Accelerated Purchase Ending Time with respect to the most recently completed prior Additional Accelerated Purchase on such Additional Accelerated Purchase Date, as applicable, and (C) the time at which all Purchase Shares subject to all prior Accelerated Purchases and Additional Accelerated Purchases (as applicable), including, without limitation, those that have been effected on the same Business Day as the applicable Additional Accelerated Purchase Date with respect to which the applicable Additional Accelerated Purchase relates, have theretofore been received by the Investor as DWAC Shares in accordance with this Agreement (such mutually agreed beginning time, the “Additional Accelerated Purchase Commencement Time”), and ending at the earliest of (X) 4:00 p.m., Eastern time, on such Additional Accelerated Purchase Date, or such other time publicly announced by the Principal Market as the official close of trading on the Principal Market on such Additional Accelerated Purchase Date, (Y) such time, from and after the Additional Accelerated Purchase Commencement Time for such Additional Accelerated Purchase, that total number (or volume) of shares of Common Stock traded on the Principal Market has exceeded the applicable Additional Accelerated Purchase Share Volume Maximum, and (Z) such time, from and after the Additional Accelerated Purchase Commencement Time for such Additional Accelerated Purchase, that the Sale Price has fallen below the applicable Additional Accelerated Purchase Minimum Price Threshold (if any) (such earliest of (i)(X), (i)(Y) and (i)(Z) above, the “Additional Accelerated Purchase Ending Time”), and (ii) the Closing Sale Price of the Common Stock on such Additional Accelerated Purchase Date (to be appropriately adjusted for any reorganization, recapitalization, non-cash dividend, stock split, reverse stock split or other similar transaction).

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

  • Purchase Price Date means the date the Purchase Price is delivered by Lender to Borrower.

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

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