Qualified Financing Purchase Price definition

Qualified Financing Purchase Price means an amount equal to the lowest per share purchase price at which shares of the New Equity Securities are or have been sold in the Qualified Financing as of the date of the conversion of this Note into such New Equity Securities.
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Qualified Financing Purchase Price means the per-share purchase price of the Financing Preferred Stock issued to investors in a Qualified Financing.
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Qualified Financing Purchase Price means the price per share at which Equity Securities are sold in a Qualified Financing; in the event that such equity securities are convertible securities, it shall mean the conversion price.
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Examples of Qualified Financing Purchase Price in a sentence

  • Borrower shall deliver to Lender notice of the Qualified Financing as soon as practicable, but in any event no fewer than five (5) days prior to the scheduled closing date of the Qualified Financing, notifying the Lender of the conversion to be effected, including specifying (i) the Conversion Amount (calculated as of the Conversion Date), (ii) the Qualified Financing Purchase Price and (iii) the Conversion Date (as defined below).

  • Notwithstanding the foregoing, if a Qualified Financing consists of the sale of Common Stock together with warrants to purchase capital stock of the Company and the exercise price of the warrants equals or exceeds the aggregate purchase price for the shares of Common Stock and warrants sold in that offering, the Qualified Financing Purchase Price shall equal the aggregate purchase price for the one share of Common Stock together with any warrants sold with that share of Common Stock.

  • For purposes of this Note, the term Qualified Financing Purchase Price shall mean an amount equal to the lowest per share purchase price at which shares of the New Equity Securities are or have been sold in the Qualified Financing as of the date of the conversion of this Note into such New Equity Securities.

  • If, at any time after the original issuance of this Note and prior to the Maturity Date, the Company consummates a Qualified Financing (the “Qualified Financing Closing”), then entire Balance then outstanding under this Note shall automatically convert into that number of shares or units of New Securities (as defined below) sold by the Borrower in the Qualified Financing as is equal to the quotient resulting from dividing the Balance by the Qualified Financing Purchase Price (as defined below).

  • Payment shall become past due thirty (30) days after the mailing date.

  • Subject to the terms and conditions of this Agreement, at the Initial Closing (as defined below), the Company shall issue and sell to the Investor, and the Investor shall purchase from the Company, the number of ADSs equal to the quotient (rounded down to the nearest whole ADS) of $200,000,000 (the “Initial Aggregate Purchase Price”) and the price per Initial ADS, which price is to be equal to the lesser of (i) $6.00 and (ii) the Qualified Financing Purchase Price.

  • Borrower shall deliver to Lender notice of the Qualified Financing as soon as practicable, but in any event no fewer than three (3) business days prior to the scheduled closing date of the Qualified Financing (the “Conversion Date”), notifying the Lender of the conversion to be effected, including specifying (i) the Balance (calculated as of the Conversion Date), (ii) the Qualified Financing Purchase Price and (iii) the Conversion Date.


More Definitions of Qualified Financing Purchase Price

Qualified Financing Purchase Price means (i) with respect to any sale of shares of Common Stock in the HTG Qualified Financing, the price per share at which shares of Common Stock are sold, (ii) with respect to any sale of shares of Preferred Stock in the Qualified Financing, the price per share determined by dividing (a) the aggregate purchase price paid for such shares of Preferred Stock by (b) the aggregate number of shares of Common Stock issuable upon conversion of such shares of Preferred Stock (determined as of the closing of the HTG Qualified Financing without regard to any limitations on conversion that relate to Nasdaq Listing Rule 5635 or a holder’s beneficial ownership of Common Stock), reduced to reflect the reasonable value of preferential rights of such shares of Preferred Stock over the Common Stock, and (iii) with respect to any sale of shares of both Common Stock and Preferred Stock in the HTG Qualified Financing, the weighted average of the Qualified Financing Purchase Price determined in accordance with the foregoing clauses (i) and (ii), respectively, based on aggregate purchase price for shares of Common Stock and Preferred Stock sold in such HTG Qualified Financing.
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Qualified Financing Purchase Price means the per-share or per-unit offering price to the investors in the Qualified Financing of the Equity Interests offered in such Qualified Financing, before deduction of any underwriters’ or placement agents’ discounts or commissions.
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Related to Qualified Financing Purchase Price

  • Qualified Financing is a transaction or series of transactions pursuant to which the Company issues and sells shares of its capital stock for aggregate gross proceeds of at least $5,000,000 (excluding all proceeds from the incurrence of indebtedness that is converted into such capital stock, or otherwise cancelled in consideration for the issuance of such capital stock) with the principal purpose of raising capital.

  • 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.

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

  • 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.

  • 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.

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

  • Share 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).

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

  • 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.

  • 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.

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

  • 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.

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

  • Fundamental Change Purchase Price has the meaning specified in Section 3.01(a).

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

  • Senior Principal Payment Amount For any Distribution Date on or after the Stepdown Date and as long as a Trigger Event has not occurred with respect to such Distribution Date, will be the amount, if any, by which (x) the Class Principal Balance of the Senior Certificates immediately prior to such Distribution Date exceeds (y) the lesser of (A) the product of (i) 57.40% and (ii) the Aggregate Collateral Balance for such Distribution Date and (B) the amount, if any, by which (i) the Aggregate Collateral Balance for such Distribution Date exceeds (ii) 0.50% of the Aggregate Collateral Balance as of the Cut-off Date (including amounts in the Prefunding Account as of the Closing Date).

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

  • 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).

  • Note Amount means, with respect to any Payment Date, the aggregate outstanding principal amount of the Notes after giving effect to payments of principal made on the Notes on such Payment Date.

  • Make-Whole Acquisition Stock Price means the consideration paid per share of Common Stock in a Make-Whole Acquisition. If such consideration consists only of cash, the Make-Whole Acquisition Stock Price shall equal the amount of cash paid per share of Common Stock. If such consideration consists of any property other than cash, the Make-Whole Acquisition Stock Price shall be the average of the Closing Price per share of Common Stock on each of the 10 consecutive Trading Days up to, but not including, the Make-Whole Acquisition Effective Date.

  • Change of Control Purchase Price shall have the meaning specified in Section 10.1.

  • Net Purchase Price has the meaning set forth in Section 2.1.

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

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

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