Examples of Series A Price in a sentence
Each share of Series A Preferred Stock shall be convertible at the conversion rate determined by dividing the Original Series A Price by the Series A Conversion Price (determined as provided herein) in effect at the time of conversion.
The redemption of Series A Preferred Stock pursuant to this Section 5(a) shall be made at a price per share equal to the Original Series A Price, plus an amount equal to the amount of all declared but unpaid dividends through the applicable Redemption Date.
Subject to adjustment as hereinafter provided, the exercise price (the “Warrant Price”) per share for which all or any of the Shares may be purchased pursuant to the terms of this Warrant shall be equal to: (a) the New Securities Price if the Warrant is exercised for Series B Preferred Stock of the Company, or (b) the Series A Price if the Warrant is exercised for Series A Preferred Stock of the Company.
From and after the A-2 Closing, any Additional Shares earned shall be exercisable for the Company’s Series A-2 Preferred Stock at a price per share equal to One Dollar and Twenty Cents ($1.20) (the “Warrant Price”; provided that prior to the A-2 Closing, the “Warrant Price” means the Series A Price.
All references to the Series A Price, the Series B Price, Series C Price, Series D Price and Series E Price herein shall mean the Series A Price, Series B Price, Series C Price, Series D Price and Series E Price, respectively, as so adjusted.
If this Warrant shall become exercisable for the Warrant Stock prior to January 31, 2003 for any reason other than as set forth in clause (a) above, then this Warrant shall be exercisable for a number of shares of Series A Preferred Stock of the Company equal to 25% of the principal Loan amount, divided by the Series A Price.
Such initial Series A Price, Series B Price, Series C Price, Series D Price and Series E Price, as the case may be, shall be adjusted from time to time in accordance with this Section 4.
The conversion rate in effect at any time for conversion of the Series A Preferred Stock (the "Series A Conversion Rate") shall be the quotient obtained by dividing the Series A Original Issue Price by the "Series A Price," calculated as provided in Section 4(c) below.
Initially, the Series A Price shall be the Series A Original Issue Price, the Series B Price shall be the Series B Original Issue Price, the Series C Price shall be the Series C Original Issue Price, the Series D Price shall be the Series D Original Issue Price and the Series E Price shall be the Series E Original Issue Price.
The number of shares of fully paid and nonassessable Common Stock into which each share of Series A Preferred Stock may be converted shall equal the Original Series A Price divided by the Series A Conversion Price (as defined below) in effect at the time of conversion (the “Series A Conversion Rate”).