Initial Per Share Purchase Price definition

Initial Per Share Purchase Price means the per share purchase price payable by the Purchaser for the Initial Shares in accordance with this Agreement, which shall be equal to 120% of the closing price of the Common Stock on the primary Trading Market on which the Common Stock is then trading as reported by Bloomberg L.P. for the last trading day preceding the Initial Closing Date.
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Initial Per Share Purchase Price means $34.62 per share.
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Initial Per Share Purchase Price shall have the meaning ascribed to such term in Section 2.5.
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Examples of Initial Per Share Purchase Price in a sentence

  • On the Initial Closing Date, Seaside shall purchase from the Company, and the Company shall issue and sell to Seaside, 7,000,000 Shares at the Initial Per Share Purchase Price.

  • Such secondary purchase and sale shall be referred to herein as the “Secondary Investment” and, together with the Initial Investment, the “Investments.” The number of Secondary Shares so purchased shall be equal to the quotient (rounded to the nearest whole number) obtained by dividing (a) the Secondary Purchase Price by (b) the Initial Per Share Purchase Price.

  • On each Closing Date, Seaside shall deliver or cause to be delivered to the Company an amount equal to the Initial Per Share Purchase Price or Per Share Purchase Price, as applicable, times 500,000, by wire transfer to the account as specified in writing by the Company, less the amount due Seaside for reimbursement of its expenses as described in Section 5.2 hereof.

  • As the Execution Date is April 15, 2014, the Initial Per Share Purchase Price shall be USD$1.62 per share.

  • Such purchase and sale of the Initial Shares shall be referred to herein as the “Initial Investment.” The consummation of the Initial Investment shall be referred to herein as the “Initial Closing.” The number of Initial Shares so purchased shall be equal to the quotient (rounded to the nearest whole number) obtained by dividing (a) the Initial Purchase price by (b) the Initial Per Share Purchase Price.


More Definitions of Initial Per Share Purchase Price

Initial Per Share Purchase Price shall be an amount equal to the daily volume weighted average of actual trading prices measured in hundredths of cents of the Common Stock of the Company on the Trading Market for the one trading day immediately prior to the Initial Closing Date multiplied by 0.87.
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Initial Per Share Purchase Price shall be an amount equal to the 10-Day VWAP multiplied by 0.88.
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Initial Per Share Purchase Price means $100 per share.
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Initial Per Share Purchase Price means $100 per share. "Initiating Holders" is defined in Section 6.1(b).
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Initial Per Share Purchase Price equals the greater of (a) 105% of the greater of (i) the average closing bid price of the Common Stock for the 5 Trading Days immediately preceding the Execution Date and (ii) the closing bid price of the Common Stock on the Trading Day immediately preceding the Execution Date, and (b) $1.40. As the Execution Date is April 15, 2014, the Initial Per Share Purchase Price shall be USD$1.62 per share.
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Initial Per Share Purchase Price means $0.24.
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Initial Per Share Purchase Price means $0.625.
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