Series A-1 Issue Price definition

Series A-1 Issue Price has the meaning set forth in the Amended M&AA.

Series A-1 Issue Price means US$0.02347, as appropriately adjusted for share splits, share dividends, combinations, recapitalizations and similar events with respect to the Series A-1 Preferred Shares.

Series A-1 Issue Price means US$0.0015 (which is converted from RMB0.0104 at a rate of RMB6.8716 to US$1.00, the mid-point exchange rate released by the People’s Bank of China on July 1, 2019), as adjusted pursuant to the Memorandum and Articles for share splits, share dividends, combinations, Recapitalizations and similar events with respect to the Series A-1 Preferred Shares.

Examples of Series A-1 Issue Price in a sentence

• The conversion rate for the Series A1 Shares shall be determined by dividing the Series A1 Issue Price for each of the Series A1 Shares by its conversion price provided that in the event of any share splits, share combinations, share dividends, recapitalisations and similar events, the initial Series A1 Conversion Price shall be adjusted accordingly.

• The initial Series A1 Conversion Price for each of the Series A1 Shares shall be its Series A1 Issue Price.

• The “Series A-1 Conversion Price” shall initially be the Series A-1 Issue Price, resulting in an initial conversion ratio for the Series A-1 Preferred Shares of 1:1, and shall be subject to adjustment and readjustment from time to time as hereinafter provided.

• The initial Conversion Price per share for shares of Series A-I Preferred Stock, Series A-2 Preferred Stock and Series A-3 Preferred Stock shall be the Original Series A-1 Issue Price, the Original Series A-2 Issue Price and the Original Series A-3 Issue Price, respectively; provided, however, that the Conversion Price for each series of Preferred Stock shall be subject to adjustment as set forth in subsections 4(d) and 4(e).

• The conversion rate for the Series A-1 Shares shall be determined by dividing the Series A-1 Issue Price for each of the Series A-1 Shares by its conversion price applicable to such Series A-1 Share (the “Series A-1 Conversion Price”), determined as hereafter provided, in effect on the date the certificates is surrendered for conversion.

More Definitions of Series A-1 Issue Price

Series A-1 Issue Price means US$0.88235 per Series A-1 Share, as adjusted.

Series A-1 Issue Price means, in respect of any holder of Series A-1 Preferred Shares other than JD, US$0.63656 per Series A-1 Preferred Share, or, in respect of JD, US$0.31828 per Series A-1 Preferred Share, as appropriately adjusted for any share dividend, share split, combination of shares, reorganization, recapitalization, reclassification or other similar event affecting the Series A-1 Preferred Shares.

Series A-1 Issue Price means, in the case of a holder of Series A-1 Preferred Shares other than VKC, US$0.152602; in the case of VKC, US$0.173458, each as appropriately adjusted for share splits, share dividends, combinations, recapitalizations and similar events with respect to the Series A-1 Preferred Shares and with respect to Series A-1 Preferred Shares held by GS, Carlyle and Cathay, subject to the adjustments stipulated in Section 2.6 of the Purchase Agreement.

Series A-1 Issue Price means US$4.2158 per Series A-1 Share.

Series A-1 Issue Price means US$0.0150 per Series A-1 Preferred Share, as adjusted for any share splits, share dividends, combinations, recapitalizations or similar transactions.

Series A-1 Issue Price means US$ 0.2613 per share, as appropriately adjusted for share splits, share dividends, combinations, recapitalizations and similar events with respect to the Series A-1 Preferred Shares.

Series A-1 Issue Price means the issue price per Series A-1 Preferred Share on the A-1 Initial Issuance Date, being CAD$1.00 subject to adjustment from time to time to reflect any subdivisions, consolidations or similar events of the Series A-1 Preferred Shares after the A-1 Initial Issuance Date, and the Series A-1 Issue Price shall simultaneously be adjusted upon the happening of each such event by multiplying the Series A-1 Issue Price in effect immediately prior to such event by the following fraction: