Series A Original Issuance Price definition

Series A Original Issuance Price has the meaning set forth in the Certificate of Designation.
Sample 1Sample 2Sample 3
Series A Original Issuance Price means $1.00 per Series A Preferred Unit (as adjusted for any unit split, combination, or other recapitalization or reclassification with respect to the Series A Preferred Units effected after the date hereof).
Sample 1Sample 2
Series A Original Issuance Price means, with respect to a share of Series A Preferred Stock, $10.00.
Sample 1Sample 2

Examples of Series A Original Issuance Price in a sentence

  • The "Series A Original Issuance Price" for each share of Series A Preferred Stock shall be $3.13.

  • The conversion price per share at which shares of Common Stock shall be issuable upon conversion of shares of Series A Preferred Stock (the "Series A Preferred Conversion Price") shall initially be the Series A Original Issuance Price; provided, however, that such Series A Preferred Conversion Price shall be subject to adjustment as set forth in Section 5(d) hereof.

  • In the event that notice is given by Subscriber or its assigns to the Company to acquire any Additional Shares, then the Company shall sell such shares to Subscriber or its Assigns in a subsequent Closing at the adjusted Series A Original Issuance Price.

  • Until the fourth anniversary of the Original Issuance Date, the Series A Shares shall bear mandatory, cumulative dividends per share at the rate of 4.665% of the Series A Original Issuance Price (as defined in Article III below) per annum, to be paid each year in cash on or before December 31 of such year out of Available Funds and Assets, and to be paid on a pro rata basis based on the actual number of days elapsed for any partial year (the “Mandatory Dividend”).

  • Upon the terms set forth in this Article V, each holder of each share of Series A Preferred Stock shall have the right, at such holder's option, at any time and from time to time, to convert such share into the number of fully paid and nonassessable shares of Common Stock equal to the quotient obtained by dividing (i) the Series A Original Issuance Price by (ii) the Conversion Price then in effect.

  • Under the Series A Purchase Agreement, the Series A Preferred Shares investors were also issued options to purchase additional Series A Preferred Shares up to USD5,500,000 at an exercise price equal to the Series A Original Issuance Price.

  • Beginning on the fourth anniversary of the Original Issuance Date, the Series A Shares shall bear dividends per share at the rate of 4.665% of the Series A Original Issuance Price (as defined in Article III below) per annum (the “Preferred Dividend”), out of Available Funds and Assets, when, as and if declared by the Board of Directors of the Corporation (the “Board”).

  • The provisions set forth in Section 2 of the Original Credit Agreement shall be incorporated by reference herein and shall have the same effect in this Credit Agreement as if each such provision was set forth verbatim herein, and shall survive the termination, amended and restatement of the Original Credit Agreement.

  • In the event that notice is given by Subscriber or its assigns to the Company to acquire any Additional Shares, then the Company shall sell such shares to Subscriber or it’s Assigns in a subsequent Closing at the adjusted Series A Original Issuance Price.

  • The contingent conversion price adjustment, if any, is determined with reference to the difference between the Series A Original Issuance Price and the issue price of the additional ordinary shares issued or deemed to be issued.


More Definitions of Series A Original Issuance Price

Series A Original Issuance Price means $2.40 per share of Series A Preferred Stock, subject to Proportional Adjustment.
Sample 1Sample 2
Series A Original Issuance Price means Three Dollars and -------------------------------- Forty Cents ($3.40).
Sample 1
Series A Original Issuance Price means Eight Dollars -------------------------------- ($8.00).
Sample 1
Series A Original Issuance Price means $1.25 per share of Series A Preferred Stock.
Sample 1
Series A Original Issuance Price means $100.00 per share of Series A Preferred Stock.
Sample 1
Series A Original Issuance Price means $14.1667 (subject to adjustment for recapitalizations, splits, reverse splits and the like affecting the Series A Shares).
Sample 1

Related to Series A Original Issuance Price

  • Series A Original Issue Price means $1.00 per share, subject to appropriate adjustment in the event of any stock dividend, stock split, combination or other similar recapitalization with respect to the Series A Preferred Stock.

  • Series A Original Issue Date means the date on which the first share of Series A Preferred Stock was issued.

  • Series B Original Issue Price means with respect to the Series B Preferred Shares, an amount per share equal to US$1.43854 (subject to appropriate adjustment in the event of any share dividend, share split, combination or other similar recapitalization affecting the outstanding Series B Preferred Shares).

  • Series C Original Issue Date means the date on which the first share of Series C Preferred Stock was issued.

  • Series D Original Issue Date means the date on which the first share of Series D Preferred Stock was issued.

  • Series B Original Issue Date means the date on which the first share of Series B Preferred Stock was issued.

  • Original Issuance Date means the Closing Date, as defined in the Investment Agreement.

  • Issuance Price means the Sales Price less the Selling Commission.

  • Original Issue Price means $0.20 per share for the Series A Preferred Stock; $0.375 per share for the Series B Preferred Stock; $1.00 per share for the Series C Preferred Stock; $1.50 per share for the Series D Preferred Stock; and $3.80 per share for the Series E Preferred Stock.

  • Last Original Issue Date means (A) with respect to any Notes issued pursuant to the Purchase Agreement (including any Notes issued pursuant to the exercise of the Shoe Option by the Initial Purchasers), and any Notes issued in exchange therefor or in substitution thereof, the later of (i) the Issue Date and (ii) the last date any Notes are originally issued pursuant to the exercise of the Shoe Option; and (B) with respect to any Notes issued pursuant to Section 2.03(B), and any Notes issued in exchange therefor or in substitution thereof, either (i) the later of (x) the date such Notes are originally issued and (y) the last date any Notes are originally issued as part of the same offering pursuant to the exercise of an option granted to the initial purchaser(s) of such Notes to purchase additional Notes; or (ii) such other date as is specified in an Officer’s Certificate delivered to the Trustee before the original issuance of such Notes.

  • Initial Issuance Date means the Closing Date of the first Series of Notes issued to the Holders.

  • Series A Conversion Price shall initially be equal to $0.71. Such initial Series A Conversion Price, and the rate at which shares of Series A Preferred Stock may be converted into shares of Common Stock, shall be subject to adjustment as provided below.

  • Fixed Conversion Price shall have the meaning set forth in Section 4(b).

  • Series B Conversion Price means, as of the applicable Conversion Date, the greater of (A) the average of the Market Values of the Common Stock for the five consecutive Trading Days preceeding (but not including) such Conversion Date, or (B) the then effective Series B Minimum Conversion Price.

  • Interest Conversion Price means, with respect to any Interest Date, that price which shall be computed as 100.0% of the arithmetic average of the Weighted Average Price of the Common Stock on each of the ten (10) consecutive Trading Days immediately preceding the applicable Interest Date (each, an “Interest Measuring Period”). All such determinations to be appropriately adjusted for any stock split, stock dividend, stock combination or other similar transaction during such period.

  • Issuance Amount means the aggregate Sales Price of the Shares to be sold by the Agent pursuant to any Issuance Notice.

  • Series Issuance Date means, with respect to any Series, the date on which the Notes of such Series are to be originally issued in accordance with Section 2.12 and the related Indenture Supplement.

  • Base Conversion Price shall have the meaning set forth in Section 5(b).

  • Series A Issue Price means $1,000.00 per Series A Preferred Unit.

  • Series A Warrants means, collectively, the Common Stock purchase warrants delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof, which Warrants shall be exercisable immediately from the Closing Date and have a term of exercise equal to five (5) years, in the form of Exhibit A attached hereto.

  • New Conversion Price means the amount determined in accordance with the following formula, which shall apply from the QTE Effective Date: NCP = ECP * (VWAPAES / VWAPOS) where:

  • Default Conversion Price shall have the meaning set forth in Section 4(b).

  • Conversion Price means as of any time, $1,000, divided by the Conversion Rate as of such time.

  • Series A Conversion Rate means, as adjusted pursuant to Section 5.8(b)(vi)(E), the number of Common Units issuable upon the conversion of each Series A Preferred Unit, which shall be the quotient of (a) the sum of (i) the Series A Issue Price, plus (ii) any Series A Unpaid Distributions on the applicable Series A Preferred Unit, plus (iii) only for purposes of the definition of “Series A COC Conversion Rate,” any Series A Partial Period Distributions on the applicable Series A Preferred Unit, divided by (b) the Series A Issue Price.

  • Original Issue Date means the date of the first issuance of any shares of the Preferred Stock regardless of the number of transfers of any particular shares of Preferred Stock and regardless of the number of certificates which may be issued to evidence such Preferred Stock.

  • Variable Conversion Price means the lesser of (i) the Conversion Price or (ii) 25% multiplied by the Market Price (as defined herein) (representing a discount rate of 75%). “Market Price” means the average of the lowest three (3) Trading Prices (as defined below) for the Common Stock during the ten (10) Trading Day period ending on the latest complete Trading Day prior to the Conversion Date. “Trading Price” means, for any security as of any date, the closing bid price on the Over-the-Counter Market, or applicable trading market (the “OTCQB”) as reported by a reliable reporting service (“Reporting Service”) designated by the Holder (i.e. Bloomberg) or, if the OTCQB is not the principal trading market for such security, the closing bid price of such security on the principal securities exchange or trading market where such security is listed or traded or, if no closing bid price of such security is available in any of the foregoing manners, the average of the closing bid prices of any market makers for such security that are listed in the “pink sheets” by the National Quotation Bureau, Inc. If the Trading Price cannot be calculated for such security on such date in the manner provided above, the Trading Price shall be the fair market value as mutually determined by the Borrower and the holders of a majority in interest of the Notes being converted for which the calculation of the Trading Price is required in order to determine the Conversion Price of such Notes. “Trading Day” shall mean any day on which the Common Stock is tradable for any period on the OTCQB, or on the principal securities exchange or other securities market on which the Common Stock is then being traded, provided, however, that at no time, notwithstanding the occurrence of an Event of Default, may the Conversion Price be less than par value of Common Stock.