Holder Pro Rata Amount definition

Holder Pro Rata Amount means a fraction (i) the numerator of which is the original Principal amount of this Note on the Closing Date and (ii) the denominator of which is the aggregate original principal amount of all Notes issued to the initial purchasers pursuant to the Securities Purchase Agreement on the Closing Date.
View Source
Holder Pro Rata Amount means, with respect to any Holder, a fraction (i) the numerator of which is the number of Preferred Shares issued to such Holder pursuant to the Securities Purchase Agreement on the Initial Issuance Date and (ii) the denominator of which is the number of Preferred Shares issued to all Holders pursuant to the Securities Purchase Agreement on the Initial Issuance Date.
View Source
Holder Pro Rata Amount means a fraction (i) the numerator of which is the original Principal amount of this Note on the Initial Closing Date and (ii) the denominator of which is the aggregate original principal amount of all Notes issued to the initial purchasers pursuant to the Securities Purchase Agreement on the Initial Closing Date.
View Source

Examples of Holder Pro Rata Amount in a sentence

  • The portion of this Bridge Note subject to redemption pursuant to this Section 6 shall be redeemed by the Company in an amount equal to the Holder Pro Rata Amount of the Mandatory Redemption Amount (the “Mandatory Redemption Price”).

  • The portion of this Bridge Note subject to prepayment pursuant to this Section 7 shall be prepaid by the Company or such Subsidiary, as applicable, in cash in an amount equal to the Holder Pro Rata Amount of the Mandatory Prepayment Amount (the “Mandatory Prepayment Price”).

  • The Company’s determination to pay an Optional Redemption in cash shall be applied according to each Holder’s Holder Pro Rata Amount.

  • Therefore, if the Holder Pro Rata Amount of $62,000,000 of Restricted Principal were to be released to the Holder in satisfaction of a Cash Payment Obligation with respect to the Principal amount of this Note, assuming no conversions or redemptions of this Note, the Holder would retain a Note in the Principal amount of the Holder Pro Rata Amount of $13,000,000.

  • Pursuant to clause (ii) of the definition of "Control Account Company Release Event", the Holder hereby elects to release its Holder Pro Rata Amount of $650,000 or to the Company, less any legal fees incurred by the Holder required to be reimbursed by the Company (the "Company Released Amount").


More Definitions of Holder Pro Rata Amount

Holder Pro Rata Amount means a fraction (i) the numerator of which is the Original Principal Amount of this Debenture on the Issuance Date and (ii) the denominator of which is the aggregate Purchase Price (as defined in the Securities Purchase Agreement).
View Source
Holder Pro Rata Amount means, with respect to any Holder, a fraction (i) the numerator of which is the number of Preferred Shares issued to such Holder on the Initial Issuance Date and (ii) the denominator of which is the number of Preferred Shares issued to all Holders on the Initial Issuance Date.
View Source
Holder Pro Rata Amount means a fraction (i) the numerator of which is the original Principal amount of this Note on the Closing Date plus the original Principal amount of any Other Notes held by the Holder outstanding on the date of determination and (ii) the denominator of which is the aggregate original principal amount of all Notes issued pursuant to the Securities Purchase Agreement on the Closing Date plus the aggregate original Principal amount of any Other Notes outstanding on the date of determination.
View Source
Holder Pro Rata Amount means a fraction (i) the numerator of which is the aggregate number of Ordinary Shares issuable upon exercise of this Warrant on the Closing Date and (ii) the denominator of which is the aggregate number of Ordinary Shares issuable upon exercise of all Registered Warrants issued to the Buyers pursuant to the Securities Purchase Agreement on the Closing Date (in each case, without regard to any limitations on exercise set forth therein).
View Source
Holder Pro Rata Amount means a fraction (i) the numerator of which is the aggregate number of shares of Series B Convertible Preferred Stock issued to the Holder on the Closing Date and (ii) the denominator of which is the aggregate number of shares of Series B Convertible Preferred Stock issued to the initial purchasers pursuant to the Securities Purchase Agreement on the Closing Date.
View Source
Holder Pro Rata Amount means a fraction (i) the numerator of which is the aggregate number of Shares issued to the Holder on the Closing Date (as defined in the Purchase Agreement) and (ii) the denominator of which is the aggregate number of Shares issued to the initial purchasers pursuant to the Purchase Agreement on the Closing Date.
View Source
Holder Pro Rata Amount means a fraction (i) the numerator of which is the original Principal amount of this Note on such Closing Date at which this Note was originally issued and (ii) the denominator of which is the aggregate original principal amount of all Notes issued to the Buyers pursuant to the Securities Purchase Agreement.
View Source