Preferred Stock Issuance Price means the lowest price per share paid by purchasers of the Preferred Stock as of the date of issuance of Preferred Stock to BioMarin (as adjusted for stock splits, combinations and the like occurring after such purchase but before the issuance of Preferred Stock to BioMarin). *** Confidential Treatment Requested ***
Preferred Stock Issuance Price means the lowest price per share paid by purchasers of the Preferred Stock as of the date of issuance of Preferred Stock to BioMarin (as adjusted for stock splits, combinations and the like occurring after such purchase but before the issuance of Preferred Stock to BioMarin).
Examples of Preferred Stock Issuance Price in a sentence
For example, if a holder purchases shares of Common Stock having a total purchase price of $11,000 to cover a Buy-In with respect to Common Stock to have been received upon conversion of Series B Preferred Stock having a Series B Preferred Stock Issuance Price of $10,000, the Corporation shall be required to pay the Holder $1,000, plus interest.
For example, if a holder purchases shares of Common Stock having a total purchase price of $11,000 to cover a Buy-In with respect to Common Stock to have been received upon conversion of Series A Preferred Stock having a Series A Preferred Stock Issuance Price of $10,000, the Corporation shall be required to pay the Holder $1,000, plus interest.