Lower Price definition

Lower Price shall have the meaning given in Section 2.5.
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Lower Price shall have the meaning set forth in Section 6.03(b).
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Lower Price means $7.4375 per share.
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Examples of Lower Price in a sentence

  • Notwithstanding anything herein or in any other agreement to the contrary, the Company shall only be required to make a single adjustment with respect to any Lower Price Issuance, regardless of the existence of multiple basis therefore.

  • The provisions of this Section 3 d) shall not apply to the Exercise Price for any warrants which have been exercised by Holder prior to the date of the Lower Price Issuance.

  • Other than in connection with Excepted Issuances, if at any time the Notes or Warrants are outstanding, if the Company shall agree to a Lower Price Issuance, then the Conversion Price and Warrant exercise price shall automatically be reduced to such other lower price.

  • Notwithstanding anything herein or in any other agreement to the contrary, the Maker shall only be required to make a single adjustment with respect to any Lower Price Issuance, regardless of the existence of multiple basis therefore.

  • Other than in connection with Excepted Issuances, if at any time the Notes or Warrants are outstanding, if the Company shall agree to a Lower Price Issuance, then the Conversion Price and any Warrant exercise price shall automatically be reduced to such other lower price.

  • For avoidance of doubt, the foregoing Excepted Issuance exceptions shall only apply during the period in which anti-dilution adjustments are made for Lower Price Issuances in accordance with Section 5.3. Common Stock issued or issuable by the Company for services will be deemed to have been issued or to be issued for the value booked in the Company’s public financial statements, or as booked on the recipients 1099 or other tax reporting by the Company in connection with such issuance, whichever is higher.

  • At such time, all Options other than Lower Price Options shall be converted into a right to receive, upon exercise of such options (including payment of the exercise price of such options), an amount in cash equal to the product of (x) the Merger Consideration, and (y) the number of Shares issuable pursuant to the unexercised portion of such option, less any required withholding of taxes.

  • If at any time or from time to time after the date hereof, the Company issues shares of Common Stock for a price per share less than the then applicable Purchase Price per share (other than for Exempt Issuances (as hereinafter defined)) ("Lower Price"), on the date such additional shares are issued, the Purchase Price shall be reduced to such Lower Price.

  • Such adjustment shall be made successively whenever any such sale or other issuance at a Lower Price is made.

  • For the avoidance of doubt, if for example, the Lower Price Issuance is $0.10, then the Conversion Price shall be reduced to $0.10.


More Definitions of Lower Price

Lower Price means an issue, exercise, conversion or exchange price (as the case may be) per Common Share that is less than the Series A-1 Conversion Price in respect of the Series A-1 Preferred Shares and less than the Series A-2 Conversion Price in respect of the Series A-2 Preferred Shares, as applicable;
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Related to Lower Price

  • Tender Price means the amount stipulated by the Tenderer in the space provided therefor in the Form of Tender, including all applicable taxes, which price, for greater certainty, is the Tenderer’s proposed Contract Price to complete all of the Work; and

  • Trigger Price for any Pricing Period shall mean the greater of (i) the Company Designated Minimum Put Share Price, plus $0.075, or (ii) the Company Designated Minimum Put Share Price divided by .91.

  • SAR Price means the exercise price or conversion price of each share of Common Stock covered by a SAR, determined on the Date of Grant of the SAR.

  • Re-Price means that the Company has lowered or reduced the Exercise Price of outstanding Options and/or outstanding SARs for any Participant(s) in a manner described by SEC Regulation S-K Item 402(d)(2)(viii) (or as described in any successor provision(s) or definition(s)).

  • fair price, means the price that is determined by financial advisor approved by the SEC.