Purchased Units means, with respect to a particular Purchaser, the number of Common Units equal to the aggregate Purchase Price set forth opposite such Purchaser’s name under the column titled “Purchase Price” set forth on Schedule A hereto divided by the Common Unit Price.
Seller Shares means all shares of Common Stock of the Company owned as of the date hereof or hereafter acquired by a Common Holder, as adjusted for any stock splits, stock dividends, combinations, subdivisions, recapitalizations and the like.
Time-share estate means a right to occupy a condominium unit or any of several condominium units during 5 or more separated time periods over a period of at least 5 years, including renewal options, coupled with a freehold estate or an estate for years.
Buyer Shares means the common stock, with a par value of $0.0001 per share, of Buyer.
Purchased Shares has the meaning set forth in Section 2.01.
Purchaser Shares means the common shares in the capital of the Purchaser.
Sold Shares shall have the meaning specified in Section 6.
Acquired Shares has the meaning set forth in the Recitals.
Option Closing Purchase Price shall have the meaning ascribed to such term in Section 2.2(b), which aggregate purchase price shall be net of the underwriting discounts and commissions.
Closing Shares shall have the meaning ascribed to such term in Section 2.1(a)(i).
Closing Stock Consideration means a number of shares of Parent Common Stock equal to (a) the Stock Consideration, minus (b) any shares of Parent Common Stock used to fund the SC Escrow Amount.
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.
Buyer Stock means the common stock, par value $0.001 per share, of Buyer.
Consideration Shares has the meaning ascribed thereto in Section 2.2.
Purchased Stock means a right to purchase Common Stock granted pursuant to Article IV of the Plan.
Purchaser Stock Price means, with respect to any Common Stock Fundamental Change, the average of the daily Closing Price for one share of the common stock received by holders of the Common Stock in such Common Stock Fundamental Change during the 10 Trading Days immediately prior to the date fixed for the determination of the holders of the Common Stock entitled to receive such common stock or, if there is no such date, prior to the date upon which the holders of the Common Stock shall have the right to receive such common stock.
Purchase Shares has the meaning set forth in Section 2.2(a) hereof.
Transferred Shares means all or any portion of a Member’s Shares that the Member seeks to Transfer.
Membership Interests has the meaning set forth in the recitals.
Purchaser Securities means the Purchaser Units, the Purchaser Common Stock, the Purchaser Preferred Stock and the Purchaser Warrants, collectively.
Per Share Stock Consideration has the meaning set forth in Section 3.01(a)(i).
Stock Purchase Price has the meaning set forth in Section 2 of the Subscription Agreement.
Put Shares means all shares of Common Stock issued, or that the Company shall be entitled to issue, per any applicable Put Notice in accordance with the terms and conditions of this Agreement.
Per Share Purchase Price equals $1.00, subject to adjustment for reverse and forward stock splits, stock dividends, stock combinations and other similar transactions of the Common Stock that occur after the date of this Agreement.
Per Unit Purchase Price equals $0.8670, subject to adjustment for reverse and forward stock splits, stock dividends, stock combinations and other similar transactions of the Common Stock that occur between the date of this Agreement and the applicable Closing Date.
Purchased Securities has the meaning assigned in the Terms;