Effective Purchase Price definition

Effective Purchase Price means, with respect to any Investor as of any given date, the sum of (x) such Investor’s original Purchase Price (as defined in the Securities Purchase Agreement) and (y) the sum of each aggregate exercise price of each exercise of the Series B Warrants of such Investor on or prior to such given date.

Effective Purchase Price means the effective price per Token depicted on the Investor’s Dashboard at the time of the execution of this Rolling SAFE on the Site, which price reflects the effective average price per Token as determined by the linear function used by the Tokens Smart Contract further described on the Site.

Effective Purchase Price means the effective average price per Rolling SAFE Token purchased hereunder at the time of confirmation of receipt of the Token Payment by the Company, which price reflects the average price per Rolling SAFE Token as determined by the linear function used by the Tokens smart contract further described on the Site.

Examples of Effective Purchase Price in a sentence

• Such adjustment shall be made successively whenever any shares, rights, warrants, options, convertible or exercisable securities or stock appreciation rights are issued at an Effective Purchase Price per Share that is less than the Exchange Price per Share in effect on the date of such issuance.

• Accordingly, the Effective Purchase Price indicated to Investor on the Site as of the date the Investor initiates the Fiat Transfer (such price, the “Original Effective Purchase Price”) may materially differ from the Effective Purchase Price as of the date the Company confirms receipt of the Fiat Transfer (such date the “Fiat Transfer Confirmation Date”).

• Investor hereby acknowledges this risk and consents to the Company automatically processing Investor’s purchase of the Tokens at the Effective Purchase Price in effect as of the Fiat Transfer Confirmation Date so long as the Effective Purchase Price in effect as of such Fiat Transfer Confirmation Date is within 5% of the Original Effective Purchase Price.

• If (i) the Fiat Transfer Confirmation Date is more than six (6) business days from the date that the Investor initiated the Fiat Transfer and (ii) the difference between the Effective Purchase Price in effect as of the Fiat Transfer Confirmation Date and the Original Effective Purchase Price exceeds 5%, the Company will follow the notice provisions set forth in Section 1(a)(iii)(B) above, and Investor shall be entitled to withdraw their funds from the Site and cancel this Rolling SAFE.

• Accordingly, the Effective Purchase Price indicated to Investor on the Site as of the date the Investor initiates the Fiat Transfer (such price, the “Original Effective Purchase Price”) may materially differ from the Effective Purchase Price as of the date the Company confirms receipt of the Fiat Transfer (such date the, “Fiat Transfer Confirmation Date”).

More Definitions of Effective Purchase Price

Effective Purchase Price means for each Purchaser, the amount of Common Shares issued to such Purchaser pursuant to the Purchase Agreement multiplied by the Per Security Purchase Price.

Effective Purchase Price means, as of the time any liability pursuant to this Section X is determined and required to be satisfied, the sum of (i) $5,750,000 (constituting the sum of the Initial Cash Purchase Price and the aggregate Fair Market Value as of the Closing Date of the Initial Shares), as such amount shall have been adjusted pursuant to Section 2.5, (ii) the value of the Assumed Liabilities as of the Closing Date, (iii) the amount of cash theretofore paid pursuant to Section 2.6, (iv) the aggregate Fair Market Value as of the applicable Value Date of any Earnout Shares theretofore issued pursuant to Section 2.6 and (v) any amount paid to Seller pursuant to Section 2.1(d).

Effective Purchase Price means the effective price per GLOZAL CAFE Token depicted on the Investor’s Dashboard at the time of the execution of this CAFE on the Site, which price reflects the effective average price per GLOZAL CAFE Token as determined by the linear function used by the Tokens smart contract further described on the Site.

Effective Purchase Price means the net consideration provided to the Company’s shareholders to effect the Change of Control, including cash and the fair market value of stock or other securities paid, after giving effect to all applicable transaction expenses, including, but not limited to, legal fees, financial advisor fees, payments made to the Company’s employees and creditors, if applicable.

Effective Purchase Price means, as of any date of determination (i) the aggregate outstanding Purchase Price of all Trust Mortgage Loans and REO Properties divided by (ii) the sum of (A) the Asset Value of all Trust Mortgage Loans and REO Properties and (B) any cash on deposit in the Margin Account.

Effective Purchase Price means, at any time, the sum of (i) $13,000,000 (constituting the sum of the Initial Cash Purchase Price and the aggregate Fair Market [***] Confidential treatment requested. Omitted portions have been filed separately with the Securities and Exchange Commission. Value as of the Closing Date of the Initial Shares), as such amount shall have been adjusted pursuant to Section 2.5, (ii) the Assumed Liabilities accrued as of the Closing Date, (iii) the amount of cash theretofore paid pursuant to Section 2.6 and (iv) the aggregate Fair Market Value as of the applicable Value Date of any Earnout Shares theretofore issued pursuant to Section 2.6. For so long as any Escrowed Property (as defined in the Escrow Agreement) continues to be held pursuant to the Escrow Agreement, prior to seeking recourse in a direct action against a Seller Indemnitor with respect to indemnifiable Losses, Purchaser shall seek recourse pursuant to the Escrow Agreement with respect to such Losses, provided that the Purchaser shall not be obligated to seek recourse pursuant to the Escrow Agreement to the extent any such Losses exceed the difference between (x) the amount of the Escrowed Property (valuing non-cash Escrowed Property in accordance with Section 2(j) of the Escrow Agreement) and (y) the Losses or estimated Losses with respect to which claims are then pending pursuant to the Escrow Agreement.

Effective Purchase Price means the sum of (i) the cash, market value of marketable equity securities or interests, fair value of unmarketable equity securities or interests, face amount of straight and convertible debt instruments or obligations issued or issuable to the Company or its shareholders in connection with an acquisition, (ii) in a sale of assets the amount of net indebtedness (i.e., total borrowed debt minus the cash and cash equivalents) of the Company assumed by the acquiring person, and (iii) the fair market value of future payment obligations arising in connection with the transaction. Consideration shall be determined at the time an acquisition is consummated; provided, however, that if the acquisition shall be a result of the acquisition of less than all of the securities, assets or businesses of the Company or shall occur as the result of a combination or series of transactions, then the total consideration shall be determined as of the closing date of the transaction wherein control of the Company has been acquired and shall be determined as if the Company were being acquired in the entirety as of such time in an amount equal to the product of (x) the sum of any and all consideration previously paid in respect of the assets or equity of the Company and the consideration then payable, times (y) a fraction, the numerator of which 100% and the denominator of which is the percentage of the Company the Company's equity or assets purchased through such date.