Series A Consideration definition

Series A Consideration has the meaning specified in Section 2.6(a)(ii)(1).

Series A Consideration means the number of shares of Lightbridge Common equal to the sum of (i) $1.00 divided by the Calculation Price, plus (ii) the Remainder Amount multiplied by the number of shares of Coral Common into which a share of Coral Series A is convertible immediately prior to the Effective Time.

Series A Consideration shall be (i) if the Closing Price is equal to or less than 90% of the MOU Price, the product of $4,400,000 and 0.9, (ii) if the Closing Price is greater than 90% of the MOU Price and less than 110% of the MOU Price, the product of

Examples of Series A Consideration in a sentence

• Community shall cause the Paying Agent to make, and the Paying Agent shall make, delivery of the Merger Consideration, the Series A Consideration and the Series C Consideration out of the Exchange Fund in accordance with this Agreement.

• In the event the Exchange Fund shall be insufficient to pay the aggregate Merger Consideration, Series A Consideration and Series C Consideration, Community shall promptly deposit additional funds with the Paying Agent in an amount which is equal to the deficiency in the amount required to make such payment.

• From and after the Effective Time, each share of Series A Convertible Preferred Stock shall no longer be outstanding and shall be automatically cancelled and shall cease to exist, and each applicable holder of such Series A Convertible Preferred Stock shall cease to have any rights with respect thereto, except the right to receive the Series A Consideration therefor, without interest, upon surrender of such Series A Convertible Preferred Stock in accordance with Section 2.2(b).

• Payment of the applicable Merger Consideration, Series A Consideration or Series C Consideration with respect to Book-Entry Shares shall only be made to the Person in whose name such Book-Entry Shares are registered.

• As of the date of this Agreement, the Series A Consideration is $378.00 and the Series C Consideration is $385.72.

More Definitions of Series A Consideration

Series A Consideration means, with respect to each Series A Share, (i) the Series A Per Share Consideration, if any, for such Series A Share and (ii) the Remaining Per Share Consideration, if any; provided, that if the value of the Series A Per Share Consideration and the Remaining Per Share Consideration (for this purpose, valuing Buyer Common Stock at the Closing Stock Value) exceeds $7.50 (subject to equitable adjustment in the event of any stock split, stock dividend, reverse stock split or similar event affecting the Series A Shares after the date hereof), "Series A Consideration" shall mean, with respect to such Series A Share, the Series A Per Share Consideration for such Series A Share and such portion of the Remaining Per Share Consideration that has an aggregate value (for this purpose, valuing Buyer Common Stock at the Closing Stock Value) equal to $7.50 (subject to equitable adjustment in the event of any stock split, stock dividend, reverse stock split or similar event affecting the Series A Shares after the date hereof).

Series A Consideration means, with respect to such Series A Share, the Series A Per Share Consideration for such Series A Share and such portion of the Remaining Per Share Consideration that has an aggregate value (for this purpose, valuing Buyer Common Stock at the Closing Stock Value) equal to $7.50 (subject to equitable adjustment in the event of any stock split, stock dividend, reverse stock split or similar event affecting the Series A Shares after the date hereof).

Series A Consideration means the lesser of (A) the number of fully paid and nonassessable shares of Surviving Company Common Stock whose aggregate Trailing Average Market Price equals $6,000,000, and (B) the Fully Diluted Merger Consideration. For the purposes of this section 3(a), "Trailing Average Market Price" shall mean the average of the daily Market Price for each business day on the twenty (20) consecutive business days the last day of which shall be the fifth business day prior to the effective time of

Series A Consideration means $10.00 per Company Series A Share (including the stock dividends payable up to but not including the Closing Date).

Series A Consideration means 0.06779167 shares of Lightbridge Common.

Series A Consideration means, with respect to each share of Series A Stock that is outstanding immediately prior to the Effective Time, (a) the Series A Liquidation Amount, plus (b) the Common Stock Consideration.

Series A Consideration means the aggregate value of the Company Series A Preferred Stock calculated based on the Aggregate Closing Consideration Value and in accordance with the Company’s Organizational Documents and taking into account amounts necessary to make payments to Company Optionholders in accordance with Section 2.3.