Next Round Price definition

Next Round Price means the lowest effective price per share (on a common stock equivalent basis and taking into account any securities issued together with the preferred stock) at which shares of the Company’s convertible preferred stock are sold in the Next Round.

Next Round Price means the price per share of the equity securities sold in the Company’s next Qualified Financing occurring after the Warrant Date.

Next Round Price means the price per share at which shares of the Company’s convertible preferred stock are sold in the Next Round.

Examples of Next Round Price in a sentence

• Effective immediately upon the initial closing of the Next Round, automatically and without the requirement for further action by any Person: (a) the Warrant Price shall be adjusted to equal the Next Round Price, (b) the series and class of Shares for which this Warrant is exercisable shall be changed from the Initial Class to the Next Round Class, and (c) the number of Shares for which this Warrant is exercisable shall be adjusted to the Adjusted Number of Shares.

• If the Class of Stock is Series B Preferred then $1.20 per share, but if the Class of Stock is Next Round Stock then the Next Round Price.

• Series B Preferred; provided that if a Next Round occurs and the Next Round Price (as defined below) is less than the Warrant Price, this Warrant shall, instead, to the extent not previously exercised, automatically be exercisable for Next Round Stock at the Next Round Price.

• As used herein, the term "Designated Price" means the average of the Next Round Price (as defined herein) and the Last Round Price (as defined herein); provided, however, that that if the Next Round does not occur by August 31, 2001, or if an Acquisition (as defined in the Warrant) occurs on or before August 31, 2001, the Designated Price shall be the Last Round Price.

• The "Next Round Price" means the price per share at which the next bona fide issuance of preferred stock of the Company is made in an offering in which not less than $5,000,000 is raised by the Company (the "Next Round").

More Definitions of Next Round Price

Next Round Price means the lowest price per share paid to the Company by cash investors for the Company’s Common Stock issued in the Next Round (hereinafter defined). “Next Round” means the next bona fide round of equity financing after the Date of Issuance and on or prior to March 31, 2022, in which Company sells or issues shares of its Common Stock (excluding any option grants, shares issued in an acquisition, shares issued to vendors, and the like).

Next Round Price means the lowest price per share paid by an investor in the Next Round for Next Round Shares.

Next Round Price means the price per share paid by the lead investor for the Next Round Stock in connection with the Next Round. Issue Date: June 28, 2013 Expiration Date: June 28, 2023 See also Section 5.1(b).

Next Round Price means the price per share of Preferred Stock paid by the investors in the Next Equity Financing (excluding, if applicable, any discounts applied to the purchase price of any Preferred Stock issued in the Next Equity Financing upon conversion or cancellation of indebtedness).

Next Round Price means the price per share of the equity securities sold in the Company’s next Qualified Financing after the Warrant Date.

Next Round Price means the price per share at which the next bona fide issuance of preferred stock of Borrower is made in an offering in which not less than $5,000,000 is raised by Borrower (the "Next Round"). Silicon Valley Bank Loan and Security Agreement --------------------------------------------------------------------------------

Next Round Price means the lowest price per share at which the Company sells and issues shares of the Next Round Shares. Issue Date: February 19, 2017 Expiration Date: 15th anniversary of the Issue Date subject to Section 5.1(b) and Section 1.6(b).