Examples of Financing Purchase Price in a sentence
The Company shall deliver to Investor notice of the Qualified Financing prior to the closing of the Qualified Financing, notifying the Investor of the conversion to be effected, including (i) the Conversion Amount (calculated as of the anticipated date of the closing of the Equity Financing), (ii) the Equity Financing Purchase Price and (iii) the anticipated date of the closing of the Equity Financing.
For purposes of this Convertible Note, the term Equity Financing Purchase Price shall mean an amount equal to the per unit purchase price paid by those investors participating in that investment round which caused the minimum offering amount of the Qualified Financing to be met.
Immediately upon the closing of the Qualified Financing (as defined below) consummated on or prior to the Maturity Date, the entire Balance then outstanding under this Convertible Note shall be automatically converted into that number of units of the security or securities sold in the Qualified Financing as is equal to the Conversion Amount (as defined below) divided by the Equity Financing Purchase Price (as defined below).
Payment of the Financing Purchase Price for the Subsequent Equity Financing Shares shall be made against delivery to UCB (or any of its designated UCB Subsidiaries) of the Subsequent Equity Financing Shares, which shares shall be certificated and delivered to UCB (or any of its designated UCB Subsidiaries) promptly following the closing of the Qualified Equity Financing, Triggering Financing or Third Financing, as applicable.
If the Buyer has not paid the entire Balance within 5 days following the last closing of the Payment Equity Financing (the “Payment Equity Financing Closing”), then the entire Balance then outstanding under this Convertible Equity Security shall be convertible into that number of shares of the security sold in the Payment Equity Financing as is equal to the Conversion Amount (as defined below) divided by the Payment Equity Financing Purchase Price (as defined below).
The term "Series A Financing Purchase Price" shall mean the original purchase price per share of the Series A Preferred Stock issued to investors as part of the Series A Financing.
Borrower shall deliver to Lender notice of the Qualified Financing as soon as practicable, but in any event no fewer than five (5) days prior to the scheduled closing date of the Qualified Financing, notifying the Lender of the conversion to be effected, including specifying (i) the Conversion Amount (calculated as of the Conversion Date), (ii) the Qualified Financing Purchase Price and (iii) the Conversion Date (as defined below).
For purposes of this Convertible Equity Security, the term Payment Equity Financing Purchase Price shall mean an amount equal to (i) seventy percent (70%) times (ii) the per share purchase price paid by those investors participating in that investment round which causes the five million dollar threshold of the Payment Equity Financing to be met.
Subject to the terms and conditions of this Agreement, at the Initial Closing (as defined below), the Company shall issue and sell to the Investor, and the Investor shall purchase from the Company, the number of ADSs equal to the quotient (rounded down to the nearest whole ADS) of $200,000,000 (the “Initial Aggregate Purchase Price”) and the price per Initial ADS, which price is to be equal to the lesser of (i) $6.00 and (ii) the Qualified Financing Purchase Price.
Borrower shall deliver to Lender notice of the Qualified Financing as soon as practicable, but in any event no fewer than three (3) business days prior to the scheduled closing date of the Qualified Financing (the “Conversion Date”), notifying the Lender of the conversion to be effected, including specifying (i) the Balance (calculated as of the Conversion Date), (ii) the Qualified Financing Purchase Price and (iii) the Conversion Date.