Price Factor definition

Price Factor means 40% of the Otonomo Valuation (as defined in Section 2(b), below) divided by the Fully Diluted Capitalization as of the date the Warrant is exercised.

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Price Factor means (i) $[ ] if this Warrant is exercised to purchase Common Stock, or (ii) if the Warrant is exercised to purchase Future Round Stock, the lowest issuance price the Company receives per share of such Future Round Stock (or in the event of conversion of 2022 Convertible Notes, the lower of (y) $[ ] per share and (z) the lowest price per share at which the Company issues a share of Series C Preferred Stock (excluding (A) the issuance on or before August 31, 2022 of Series C Preferred Stock in connection with the Recapitalization, (B) the exercise of any warrants to acquire Series C Preferred Stock issued to holders of the 2021 Convertible Notes as contemplated in the Recapitalization, and (C) the exercise of warrants numbered SC-05, SC-06, SC-07 and SC-08 issued by the Company in connection with the Amended and Restated Loan and Security Agreement dated as of December 16, 2021 by and among the Company, Ocean II PLO LLC and the lender parties thereto)), in all cases as adjusted for stock splits, stock combinations and the like; provided however, that that if this Warrant is exercised in connection with a Merger Event, SPAC Transaction, Direct Listing or the IPO, the Price Factor shall be the lower of the amounts listed above and 40% of the effective price per share in the Merger Event, SPAC Transaction, Direct Listing or IPO.

Price Factor or “PF” has the meaning described for each component in Appendix I (Royalty Calculations and Data Requirements Sheet) of this Lease.

Examples of Price Factor in a sentence

• The Export Transaction Price Factor for a past time interval shall be calculated in the same manner as for a prospective time interval, except that the Export Transaction Price Factor may use a tentative or final settlement price, as available.

• If an Export Nodal Reference Price is not available for a particular time interval, PJM may use an Export Transaction Price Factor for that time interval based on an appropriate alternate reference price.

• The Government will conduct an in-depth evaluation of all recent performance information obtained to determine how closely the services performed under those contracts or task orders relate to the Technical factors and Price Factor in this solicitation, including their relative order of importance (reference M002 A).

• The Export Transaction Price Factor for a prospective time interval shall be the greater of (i) PJM’s forecast price for the time interval, if available, or (ii) the Export Nodal Reference Price, but shall not exceed the Export Transaction’s dispatch ceiling price cap, if any, for that time interval.

• For each recent past performance citation reviewed, the relevance of the work performed will generally be assessed for the Technical factors and Price Factor (however, all aspects of performance that relate to this acquisition may be considered).

• Performance confidence is assessed at the overall Past Performance factor level after evaluating aspects of the offeror’s recent past performance, focusing on performance that is relevant to the Technical factors and Price Factor taking into consideration their relative order of importance stated in M002a.

• The Government will evaluate all proposals received against Technical (Factor 1), Past Performance (Factor 2), Delivery Order Management (Factor 3), and Delivery Order Price (Factor 4).

• For the initial 4 delivery orders, Delivery Order Management (Factor 3) is significantly less important than Delivery Order Price (Factor 4).

• The Government will evaluate all proposals received against the Qualifying Criteria, Technical Factors (Factors 1 & 2), Past and Present Performance (Factor 3), and Price (Factor 4).

• The Maximum Contract Price and Maximum Contract Price Factor may need to be updated in the Prices Delta in the WA ▇▇▇ system so the Contract Price is not available on the WA.

More Definitions of Price Factor

Price Factor means (i) $1.50 if this Warrant is exercised to purchase Common Stock, or (ii) if the Warrant is exercised to purchase Future Round Stock, 25% of the lowest price the Company receives for a share of Future Round Stock, in all cases as adjusted for stock splits, stock combinations and the like occurring after [Date].

Price Factor means, as at any date of determination, the ratio of (a) the historical average weighted contract price paid per STM-1 of Capacity (excluding sales of fiber pairs) during the previous four quarters (or such shorter period during the first four quarters after the Conversion Date) to (b) the average Projected Price for such four quarters (or such shorter period during the first four quarters after the Conversion Date).

Price Factor is added to Section 1 of the Warrant immediately following Section 1(v) as follows:

Price Factor means (i) $1.50 if this Warrant is exercised to purchase Common Stock, or (ii) if the Warrant is exercised to purchase Future Round Stock, 25% of the lowest price the Company receives for a share of Future Round Stock, in all cases as adjusted for stock splits, stock combinations and the like occurring after [Date]. 6. Section 2(a)(iii) of the Original Warrant is amended and restated as follows:

Price Factor means the following: