Examples of New Issue Price in a sentence
Unless otherwise approved by the Investor in writing of a lower New Issue Price, if Nubia issues any new shares, convertible bonds or any options at a lower new issue price, the Investor shall have the rights to further obtain shares issued by Nubia at the price stipulated in the Investment Agreement.
For purposes of any subsequent anti-dilution adjustment for the benefit of the Investors, the Original Issue Price shall be deemed to be the New Issue Price then in effect prior to any such subsequent adjustment.
Notwithstanding the foregoing, in the event that the Corporation shall sell or issue any Securities at a New Issue Price less than $1.50, then, in each such case, the Series F Conversion Price in effect immediately prior to the issuance of such Securities shall be adjusted so that it shall equal the New Issue Price.
If the Company, at any time while this Series A Debenture is outstanding, shall issue rights, options or warrants to all holders of Common Stock entitling them to subscribe for or purchase shares of Common Stock at a price per share (a “New Issue Price”) that is lower than the Conversion Price on the record date referenced below, then the Conversion Price shall be reduced to equal such New Issue Price.
If the Company, at any time while this Series B Debenture is outstanding, shall issue rights, options or warrants to all holders of Common Stock entitling them to subscribe for or purchase shares of Common Stock at a price per share (a “New Issue Price”) that is lower than the Conversion Price on the record date referenced below, then the Conversion Price shall be reduced to equal such New Issue Price.