Examples of New Purchase Price in a sentence
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.
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.
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.
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 shall be paid in full by Participant on the date hereof.
In such event, such part of the Units shall be allocated to each of the Bidders, at either the New Purchase Price or at a higher Purchase Price, as is equal to the ratio between the number of Units stated in his Bid, which states the New Purchase Price, or at a higher price, and the total number of the Units comprised in all Bids stating the New Purchase Price, or a higher price.
Sxxxxx 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").
Section 1.1 of the Agreement is hereby amended to provide that the Shares shall be purchased at the New Purchase Price.
If payment of the New Purchase Price is not so timely made by Purchaser to Creditor on the New Payment Date applicable to such Additional Claim, then Creditor shall have the right to terminate and cancel this Agreement as to such Additional Claim by providing written notice of termination to Purchaser at any time prior to payment of the New Purchase Price pertaining to such Additional Claim.
The Purchase Price shall then be successively reduced to each lower New Purchase Price.