Preferred Price definition

Preferred Price shall have the meaning set forth in Section 2.2(a).
Preferred Price means you will pay:
Preferred Price means, with respect to any goods or services, the lowest of (i) the most favorable price or rate then offered by Itron to any Person for the same quantity of such goods or services, (ii) if such goods or services are the subject of a then current list price published by Itron, (a) for goods, a quantity discount based on the accumulated quantity of such goods purchased by DLC since the Effective Date and (b) for services, a 20% discount off the list price, (iii) the price determined by Itron as commercially reasonable for such goods or services, or (iv) if DLC is not satisfied with the price under (i), (ii) or (iii), then such price as the Parties may negotiate in good faith.

Examples of Preferred Price in a sentence

  • In any such case, appropriate adjustment shall be made in the application of the provisions of this Section 4 with respect to the rights of the holders of Series Preferred after the capital reorganization to the end that the provisions of this Section 4 (including adjustment of each Series Preferred Price then in effect and the number of shares issuable upon conversion of the Series Preferred) shall be applicable after that event and be as nearly equivalent as practicable.

  • The conversion price for each series of the Series Preferred shall initially be the respective Original Issue Price of such series (in each case, the "Series Preferred Price").

  • Unfortunately, there is no existing technology for measuring residual tension of installed submarine cables to determine where jetting or rock dumping might be effective and practical.

  • All references to any Series Preferred Price herein shall mean such Series Preferred Price as so adjusted.

  • Each such initial Series Preferred Price shall be adjusted from time to time in accordance with this Section 4.

  • The Series Conversion Rate in effect at any time for conversion of the Series Preferred (the "Series Conversion Rate") shall be the quotient obtained by dividing the respective Original Issue Price for each series of the Series Preferred by the "Series Preferred Price" for such series, calculated as provided in Section 4(c).

  • If the Company shall at any time or from time to time after the date that the first share of Series Preferred is issued (the "Original Issue Date") effect a subdivision of the outstanding Common Stock without a corresponding subdivision of the Preferred Stock, each Series Preferred Price in effect immediately before that subdivision shall be proportionately decreased.

  • In addition, in the event any Class A Member fails to deliver the assignments reasonably requested by the Company as set forth herein, the Company may deliver the Preferred Price to such Class A Member and upon such delivery, execute and deliver, as the attorney in fact for such Class A Member, such required assignments.

  • At the closing, each Class A Member shall deliver to the Company such assignments and other documents as reasonably requested by the Company, and the Company shall deliver to each Class A Member the Preferred Price for the purchased Class A Units held by such Class A Member.

  • Each share of Series A Preferred shall automatically be converted into shares of Common Stock, based on the then-effective Series A Preferred Price, at any time upon the affirmative election of the holders of at least fifty percent (50%) of the outstanding shares of the Series A Preferred, voting as a separate class.


More Definitions of Preferred Price

Preferred Price the generic price or the MAC Price, whichever is less. professional service: a service offered by a provider engaged in a specified activity as one’s main paid occupation and practices within the limits of their authority as established by law. provider: the individual or business entity that is qualified as deemed appropriate by us, licensed where applicable, operating within the principles of any governing professional college or association and operating within laws of the province or jurisdiction in which the services are delivered. reimbursement level: the maximum percentage, amount or duration, we will pay per eligible person for eligible expenses as set out in this agreement.
Preferred Price as used in this paragraph means a price where the margin is in the range of 30% to 35%.
Preferred Price means, with respect to any goods or services, the lowest of (i) the most favorable price or rate then offered by Itron to any Person for the same quantity of such goods or services, (ii) if such goods or services are the subject of a then current list price published by Itron, (a) for goods, a quantity discount based on the accumulated quantity of such goods purchased by DataCom since the Effective Date and (b) for services, a 20% discount off the list price, (iii) the price determined by Itron as commercially reasonable for such goods or services, or (iv) if DataCom is not satisfied with the price under (i), (ii) or (iii), then such price as the Parties may negotiate in good faith.

Related to Preferred Price

  • Series D Preferred means the Series D Convertible Preferred Stock of the Company, par value $.01 per share.

  • Series C Preferred means the Company's Series C Preferred Stock, par value $0.01 per share.

  • Series A Preferred means the Series A Convertible Preferred Stock of the Company, par value $0.01 per share.

  • Series C Liquidation Preference means a liquidation preference for each Series C Preferred Unit initially equal to $25.00 per unit (subject to adjustment for any splits, combinations or similar adjustments to the Series C Preferred Units), which liquidation preference shall be subject to increase by the per Series C Preferred Unit amount of any accumulated and unpaid Series C Distributions (whether or not such distributions shall have been declared).

  • Series A-1 Preferred Stock means shares of the Company’s Series A-1 Preferred Stock, par value $0.0001 per share.

  • Series A Issue Price means $39.2253 per Series A Preferred Unit.

  • Series B Liquidation Preference means a liquidation preference for each Series B Preferred Unit initially equal to $25.00 per unit, which liquidation preference shall be subject to increase by the per Series B Preferred Unit amount of any accumulated and unpaid Series B Distributions (whether or not such distributions shall have been declared).

  • Series B Preferred means the Company’s Series B Preferred Stock, par value $0.001 per share.

  • Final Preference Share Redemption Amount means, subject to the provisions of the Articles and the Conditions, in respect of each Preference Share, an amount expressed in the Settlement Currency determined by the Calculation Agent equal to the Notional Amount multiplied by:

  • Series B Conversion Price means, as of the applicable Conversion Date, the greater of (A) the average of the Market Values of the Common Stock for the five consecutive Trading Days preceeding (but not including) such Conversion Date, or (B) the then effective Series B Minimum Conversion Price.

  • Series B-2 Preferred Stock means shares of the Company’s Series B-2 Preferred Stock, par value $0.001 per share.

  • Early Preference Share Redemption Amount means, subject to the provisions of the Articles and the Conditions, in respect of each Preference Share, an amount expressed in the Settlement Currency calculated by the Calculation Agent as the fair market value (calculated without taking into account the creditworthiness of the Company) of a Preference Share as of the Early Preference Share Valuation Date taking into account such factor(s) as the Calculation Agent determines appropriate, including, but not limited to, the relevant Early Preference Share Redemption Event after deducting any Associated Costs (to the extent not already reflected in such fair market value).

  • Company Series C Preferred Stock means the Series C Preferred Stock, par value $0.001 per share, of the Company.

  • Preferred Share means a share of stock of the General Partner of any class or series now or hereafter authorized or reclassified that has dividend rights, or rights upon liquidation, winding up and dissolution, that are superior or prior to the REIT Shares.

  • Series B-1 Preferred Stock means shares of the Company’s Series B-1 Preferred Stock, par value $0.0001 per share.

  • Series A-1 Preferred Shares means the Company’s series A-1 preferred shares, par value US$0.00001 per share.

  • Series G Preferred Stock means the Corporation's Series G Convertible Preferred Stock, par value $0.004 per share.

  • Series D Preferred Stock means shares of the Company’s Series D Preferred Stock, par value $0.001 per share.

  • Series A Liquidation Preference means a liquidation preference for each Series A Preferred Unit initially equal to $25.00 per unit, which liquidation preference shall be subject to increase by the per Series A Preferred Unit amount of any accumulated and unpaid Series A Distributions (whether or not such distributions shall have been declared).

  • Preferred ’ means any of the above securities that are publicly traded on a recognized securities exchange and the securities have a rating of ‘‘A’’ or above. If the securities are not ‘‘Preferred,’’ they are listed as ‘‘Other.’’

  • Company Series A Preferred Stock means the Series A Preferred Stock, par value $0.0001 per share, of the Company.

  • Series A-2 Preferred Stock means shares of the Company’s Series A-2 Preferred Stock, par value $0.0001 per share.

  • Series A Preferred Unit means a Preferred Unit having the designations, preferences, rights, powers and duties set forth in Article XVI.

  • Series C Preferred Stock means shares of the Company’s Series C Preferred Stock, par value $0.001 per share.

  • Series B Convertible Preferred Stock means the Series B Convertible Preferred Stock, $.01 par value, of the Corporation.

  • Series B-2 Preferred Shares means the Company’s series B-2 preferred shares, par value US$0.00001 per share.