Option 2 Purchase Price definition

Option 2 Purchase Price means the lesser of (i) 93% of the one (1) lowest traded price of the Common Stock on the Principal Market during the Option 2 Valuation Period as reported by Bloomberg Finance L.P. or other reputable source, or (ii) 93% of the VWAP on the Clearing Date, or (iii) 93% of the closing bid price of the Common Stock on the Principal Market on the Clearing Date.
Option 2 Purchase Price means the lesser of (i) 93% of the lowest traded price of the Common Stock on the Principal Market during the Option 2 Valuation Period (as reported by Bloomberg Finance L.P., Quotestream, or other reputable source), or (ii) 93% of the VWAP on the Clearing Date, or (iii) 93% of the closing bid price of the Common Stock on the Principal Market on the Clearing Date.
Option 2 Purchase Price means ninety-five (95%) of the lowest daily VWAP of the Ordinary Shares on the Principal Market during the Option 2 Valuation Period, as reported by Bloomberg Finance L.P. or other reputable source provided that such purchase price shall not fall below the par value of the Ordinary Shares.

Examples of Option 2 Purchase Price in a sentence

  • If the value of the Put Shares delivered to the Investor causes the Company to exceed the Maximum Commitment Amount, then the Investor shall return to the Company the surplus amount of Put Shares associated with such Option 1 Put or Option 2 Put, and the Option 1 Purchase Price or Option 2 Purchase Price with respect to such Option 1 Put or Option 2 Put shall be reduced by any Clearing Costs related to the return of such Put Shares.

  • In the event of a suspension, delisting, or halting for any reason, of the trading of the Common Stock, as contemplated by this Section 7.2(f), the Investor shall have the right to return to the Company any remaining amount of Put Shares associated with such Option 1 Put or Option 2 Put, and the Option 1 Purchase Price or Option 2 Purchase Price (as applicable) with respect to such Option 1 Put or Option 2 Put shall be reduced accordingly.

  • The Option 2 Purchase Price will be $0.018 per Option 2 Token, converted from the currency used to make the purchase at the Applicable Exchange Rate.

  • Executive acknowledges that the provisions of the Restrictive Covenant Agreement will survive the termination of Executive’s employment and the termination of the Term for the periods set forth in the Restrictive Covenant Agreement.

  • In the event of a suspension, delisting, or halting for any reason, of the trading of the Ordinary Shares, as contemplated by this Section 7.2(f), the Investor shall have the right to return to the Company any remaining amount of Put Shares associated with such Option 1 Put or Option 2 Put, and the Option 1 Purchase Price or Option 2 Purchase Price (as applicable) with respect to such Option 1 Put or Option 2 Put shall be reduced accordingly.

  • The Mexico Option 2 Purchase Price shall be payable at the Mexico Option 2 Closing by wire transfer of immediately available funds by DIRECTV to the account designated by News to DIRECTV prior to the Mexico Option 2 Closing Date.


More Definitions of Option 2 Purchase Price

Option 2 Purchase Price means the price per Advance Share obtained by multiplying the lowest daily VWAP of the Common Shares during the applicable Option 2 Pricing Period by 97%.
Option 2 Purchase Price means the price per Share obtained by multiplying the Option 2 Market Price by 95%.

Related to Option 2 Purchase Price

  • Share Purchase Price shall have the meaning ascribed to such term in Section 2.1(b).

  • Per Share Purchase Price equals $1.00, subject to adjustment for reverse and forward stock splits, stock dividends, stock combinations and other similar transactions of the Common Stock that occur after the date of this Agreement.

  • Option Closing Purchase Price shall have the meaning ascribed to such term in Section 2.2(b), which aggregate purchase price shall be net of the underwriting discounts and commissions.

  • Purchase Price has the meaning set forth in Section 2.2.

  • Closing Purchase Price shall have the meaning ascribed to such term in Section 2.1(b), which aggregate purchase price shall be net of the underwriting discounts and commissions.

  • Per Pre-Funded Warrant Purchase Price equals $0.0001, subject to adjustment for reverse and forward share splits, share dividends, share combinations and other similar transactions relating to shares of Common Stock that occur after the date of this Agreement.