Examples of Initial Share Purchase Price in a sentence
The Investor shall reasonably determine, and the Company shall accept, the allocation of the Initial Share Purchase Price among the Series A Preferred Stock and Option issued to the Investor pursuant to Section 2.01 and Section 2.02 hereof, respectively.
Upon the terms and subject to the conditions set forth in this Agreement, and in reliance upon the representations and warranties hereinafter set forth, at the Initial Closing, the Company will issue, sell and deliver to the Investor, and the Investor will purchase from the Company 59,063 shares of Series A Preferred Stock, free and clear of all Liens, for an aggregate purchase price of $59,063,000 (the "Initial Share Purchase Price").
The Purchaser shall have obtained financing (whether in the form of equity, debt, convertible debt, any combination of the above or any other form) in an aggregate amount sufficient to pay at the Closing the cash component of the Initial Share Purchase Price and the Asset Purchase Price.
The aggregate purchase price (the “Initial Purchase Price”) for the Initial Notes and the Warrants to be purchased by each Buyer at the Initial Closing shall be such Buyer’s Initial Cash Purchase Price plus such Buyer’s Initial Share Purchase Price.
The Initial Share Purchase Price shall be increased or decreased on a dollar-for-dollar basis as follows: (i) increased by the amount by which the Closing Working Capital is greater than Zero U.S. Dollars (USD $0), (ii) decreased by the amount by which the Closing Working Capital is less than Zero U.S. Dollars (USD $0), and (iii) decreased by the amount of any Debt of the Company, as of the Closing Date.
The Initial Share Purchase Price was computed based on the assumption that the Closing Working Capital decreased by the amount of any Debt of the Company as of the Closing Date, is equal to Zero U.S. Dollars (USD $0) ((i) or (ii), and (iii), the “Adjustment Amount”)).
Section 6 sets forth the process for determining and effecting any necessary adjustments to the Initial Share Purchase Price resulting from the Closing Working Capital.
Xxxxx Title: Authorized Signatory SCHEDULE OF BUYERS (1) (2) (3)(a) (3)(b) (4) (5)(a) (5)(b) (6) Buyer Address and Facsimile Number Aggregate Principal Amount of Initial Notes Aggregate Principal Amount of Additional Notes Number of Warrant Shares Initial Cash Purchase Price Number of Shares Representing the Initial Share Purchase Price Legal Representative’s Address and Facsimile Number Starboard Value and Opportunity Master Fund Ltd.
The Purchasers’ Representative and the Sellers’ Representative shall cooperate to agree a further allocation of the Initial Share Purchase Price to each set of Shares in accordance with their relative market value as soon as reasonably practicable after the date hereof.