New Purchase Price definition
Examples of New Purchase Price in a sentence
For purposes of Section 3.2 through 3.5, the “New Purchase Price” means the price per share paid in the then most recent Valuation Event (as defined below) prior to the applicable Closing, if any, or, if applicable, the Initial Price as recalculated pursuant to Section 4.1(b) hereof (the “New Purchase Price”); provided, however, that the New Purchase Price shall never be lower than *** per share.
Arcadia shall purchase and Bioceres shall sell and issue to Arcadia, the number of shares of Common Stock set forth on the Funding Option Exercise Notice (the aggregate number of shares purchased in 2012, the “First Year Shares) at a purchase price equal to *** per share (the “Initial Purchase Price”) or the New Purchase Price (as defined below), if any.
The number of shares of Common Stock for which this Warrant is exercisable shall be increased to a new number of shares determined by multiplying the number of shares of Common Stock for which this Warrant is exercisable prior to the New Issuance by a fraction, the numerator of which is the Purchase Price per share in effect prior to the New Issuance and the denominator is the New Purchase Price per share.
The Unit Purchase Price shall then be successively reduced to each lower New Purchase Price.
If the Company shall issue any “Additional Stock” (as defined below) for a consideration per share (“New Purchase Price”) less than any Preference Shareholder’s Series A Conversion Price in effect on the date and immediately prior to such issue, then and in each such event unless as otherwise agreed by such Preference Shareholder, such Preference Shareholder’s Series A Conversion Price shall be reduced, concurrently with such issue, to a price equal to the New Purchase Price.
The New Purchase Price was arrived at an arm’s length basis, following further commercial negotiations between Chaswood Malaysia and TGIFI on a willing-buyer, willing-seller basis, taking into account the net assets value of the Target Companies as at the financial year ended 31 December 2014.
S▇▇▇▇▇ Mezz absolutely and unconditionally agrees to purchase another Participation in the Loan and Loan Documents in the amount of $691,187.08 (the "New Purchase Price" and, together with the Original Purchase Price, the "Purchase Price").
Notwithstanding the foregoing, the New Purchase Price for any Installment shall not be less than $0.18 per Share.
Upon such sale, if the Purchase Price exceeds the New Purchase Price, the Buyer shall pay to the Seller the difference between the Purchase Price and the New Purchase price, net of the amount of the Investment.
Section 1.1 of the Agreement is hereby amended to provide that the Shares shall be purchased at the New Purchase Price.