Original Series B Purchase Price definition

Original Series B Purchase Price means an amount equal to $10.00 per Series B Preferred Unit.
Original Series B Purchase Price is equal to $0.75 per share.
Original Series B Purchase Price means $7.10 per share of Series B Preferred Stock.

Examples of Original Series B Purchase Price in a sentence

  • Each share of Series B Preferred Stock shall be convertible, at the option of the holder thereof, at any time and from time to time, and without the payment of additional consideration by the holder thereof, into such number of fully paid and nonassessable shares of Common Stock as is determined by dividing $4.3147358 (the "Original Series B Purchase Price") by the Series B Conversion Price (as defined below) in effect at the time of conversion.

  • The initial "Conversion Price" per share for shares of Series B Preferred shall be the Original Series B Purchase Price; provided, however, that the Conversion Price for the Series B Preferred shall be subject to adjustment as set forth in subsection 3(d).

  • The number of shares of Class A Voting Common Stock into which each share of Series B Preferred Stock will be converted will be equal to the Original Series B Purchase Price of such Series B Preferred Stock divided by the Conversion Price (as hereafter defined) for such Series B Preferred Stock, such conversion ratio being referred to as the "Conversion Rate" for such Series B Preferred Stock.

  • As used herein, the term “conversion price” shall be an amount computed by dividing the Original Series B Purchase Price by the conversion rate then in effect.

  • The initial "Series B Conversion Price" per share shall be $6.00 (calculated as six percent (6%) of the Original Series B Purchase Price); provided, however, that the Series B Conversion Price shall be subject to adjustment as set forth in Section 3(d).

  • Additional sales and purchases of the Notes may occur after the date hereof; provided, that, to the extent any additional funding is made on or after the completion of the Equity Closing, such funding shall be made in exchange for the purchase of shares of Series B Stock at a price per share equal to the Original Series B Purchase Price (each a “Subsequent Closing” and, together the “Subsequent Closings”).

  • The initial Conversion Price for the Series B Preferred Stock will be the Original Series B Purchase Price of such Preferred Stock.


More Definitions of Original Series B Purchase Price

Original Series B Purchase Price means $1.23.
Original Series B Purchase Price means $3.50 per share.

Related to Original Series B Purchase Price

  • Original Purchase Price means the price paid by you for the motor vehicle or a maximum of 110% of the market value of the vehicle as defined by Glass's Guide Retail at time of purchase, whichever is the lesser (including all factory fitted accessories) and after any discount given, but does not include the cost of dealer fitted accessories, road fund licence, new vehicle registration fee, fuel, paintwork and/or upholstery protection kits, insurance premiums (including the premium for this policy), warranty premiums, any finance arrears and any such associated costs and any negative equity transferred from a previous finance agreement.

  • Additional Purchase Price has the meaning provided in Section 1.2(b).

  • Closing Date Purchase Price shall have the meaning set forth in Section 2.1 hereof.

  • Optional Purchase Price has the meaning set forth in Section 8.1 of the Sale and Servicing Agreement.

  • Cash Purchase Price has the meaning set forth in Section 2.1(b).

  • Series B Purchase Agreement has the meaning set forth in the Recitals.

  • Final Purchase Price has the meaning set forth in Section 2.02.

  • 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.

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

  • VWAP Purchase Price means the lesser of (i) the Closing Sale Price on the VWAP Purchase Date; or (ii) ninety-seven percent (97%) of volume weighted average price for the Common Stock traded on the Principal Market during normal trading hours on (A) the VWAP Purchase Date if the aggregate shares traded on the Principal Market on the VWAP Purchase Date have not exceeded the VWAP Purchase Share Volume Maximum and the Sale Price of Common Stock has not fallen below the VWAP Minimum Price Threshold (to be appropriately adjusted for any reorganization, recapitalization, non-cash dividend, stock split, reverse stock split or other similar transaction), or (B) the portion of the VWAP Purchase Date until such time as the sooner to occur of (1) the time at which the aggregate shares traded on the Principal Market has exceeded the VWAP Purchase Share Volume Maximum, or (2) the time at which the Sale Price of Common Stock falls below the VWAP Minimum Price Threshold (to be appropriately adjusted for any reorganization, recapitalization, non-cash dividend, stock split, reverse stock split or other similar transaction).

  • Stock Purchase Price has the meaning set forth in Section 2 of the Subscription Agreement.

  • Additional Loans Purchase Price means the dollar amount representing the aggregate purchase price of the related Additional Loans as specified in the applicable Additional Purchase Agreement (which, with respect to any Additional Loan purchased with funds on deposit in the Supplemental Purchase Account, will be equal to 100% of the aggregate principal balance of such Additional Loan, plus accrued interest to be capitalized).

  • Purchase Price Date means the date the Purchase Price is delivered by Lender to Borrower.

  • Loan Purchase Price With respect to any Home Equity Loan purchased from the Trust on or prior to a Monthly Remittance Date pursuant to Section 3.04, 3.06(b) or 8.10(b) hereof, an amount equal to the outstanding principal balance of such Home Equity Loan as of the date of purchase (assuming that the Monthly Remittance Amount remitted by the Servicer on such Monthly Remittance Date has already been remitted), plus all accrued and unpaid interest on such Home Equity Loan at the Coupon Rate to but not including the date of such purchase together with (without duplication) the aggregate amounts of (i) all unreimbursed Delinquency Advances and Servicing Advances theretofore made with respect to such Home Equity Loan, (ii) all Delinquency Advances which the Servicer has theretofore failed to remit with respect to such Home Equity Loan, (iii) all reimbursed Delinquency Advances and Servicing Advances to the extent that reimbursement is not made from the Mortgagor and (iv) any costs and damages incurred by the Trust in connection with any violation by the Home Equity Loan of any predatory or abusive lending law.

  • 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.

  • 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.

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

  • Purchase Price Adjustment has the meaning set forth in Section 2.6.

  • Aggregate Purchase Price has the meaning set forth in Section 1.1.

  • Purchase Price Adjustment Escrow Amount means $500,000.

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

  • VWAP Purchase Amount means, with respect to any particular VWAP Purchase Notice, the portion of the Available Amount to be purchased by the Buyer pursuant to Section 1(c) hereof pursuant to a valid VWAP Purchase Notice which requires the Buyer to buy the VWAP Purchase Share Percentage of the aggregate shares traded on the Principal Market during normal trading hours on the VWAP Purchase Date up to the VWAP Purchase Share Volume Maximum, subject to the VWAP Minimum Price Threshold.

  • Receivables Purchase Price means $1,375,000,017.71.

  • Original Purchase Date means with respect to any Loan, the date such Loan was purchased by Town Hall Funding from the Master Depositor pursuant to the Conveyance Agreement.

  • the Purchase Price means the price to be paid by the Buyer to the Seller for the purchase of the Property;

  • Deferred Purchase Price shall have the meaning set forth in Section 2(a).