Series B-1 Purchase Price definition

Series B-1 Purchase Price means the product of (A) the VWAP of the Common Stock for the thirty (30)-trading day period immediately preceding the Series B-1 Issue Date multiplied by (B) ten (10).
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Series B-1 Purchase Price means $10,500.00 per share of Series B-1 Preferred Stock.
Sample 1Sample 2
Series B-1 Purchase Price has the meaning set forth in Section 2.3(c).
Sample 1

Examples of Series B-1 Purchase Price in a sentence

  • As of the Closing Date the bank account described on Schedule I to the Investor Note, which Collateral secures the Investor Note in accordance therewith, contains at least the Series B-1 Purchase Price of Eligible Assets as of the Closing Date.

  • Subject to the satisfaction (or waiver) of the conditions set forth in Sections 5 and 6 below, the Investor agrees to issue and sell to the Company, and the Company agrees to purchase from the Investor on the Closing Date (as defined below), such aggregate principal amount of Investor Note as is set forth on the signature page of the Investor attached hereto in full satisfaction of the Series B-1 Purchase Price under the Securities Purchase Agreement (the “Closing”).

  • In addition, at the Closing, an authorized person of such Buyer shall certify in a written certificate in the form attached hereto as Exhibit E (the “Investor Collateral Certificate”) that as of the Closing Date the bank account described on Schedule I to such Investor Note, which secures such Investor Note in accordance therewith, contains at least the Series B-1 Purchase Price of Eligible Assets (as defined in the Investor Note) as of the Closing Date.

  • The Adjusted Short-fall Amount will be divided by the total number of shares of Series B-1 Preferred Stock, and rounded up or down to the nearest cent (the "Series B-1 Purchase Price Adjustment").

  • The "Adjusted Purchase Price" shall equal the Purchase Price minus the Series B-1 Purchase Price Adjustment.

  • The Agent has the authority to settle the dispute on behalf of the Owner if the Agent considers that it appropriate to do so in the circumstances including, but not limited to, potential damage to the Agent’s business reputation.

  • The total number of shares of Common Stock into which such shares may be converted initially will be determined by dividing the aggregate Original Series B-1 Purchase Price paid plus accrued interest plus Series B-1 Warrants, by the Conversion Price.

  • On the Series B-1 Purchase Price Adjustment Date (the "Conversion Date"), the Series B-1 Shares will automatically convert into shares of Common Stock as provided for in this Section.

  • The adjustment to the Purchase Price shall automatically occur on the fifth business day of the second month following the end of the Series B-1 Measuring Year (the "Series B-1 Purchase Price Adjustment Date").


More Definitions of Series B-1 Purchase Price

Series B-1 Purchase Price shall have the meaning ascribed thereto in Section 1.03 hereof.
Sample 1
Series B-1 Purchase Price means $10,500.00 per share of Series B-1 Preferred Stock. “Series B-2 Certificate of Designation” means the Certificate of Designation of Preferences, Rights and Limitations of Series B-2 Convertible Preferred Stock to be filed prior to the Closing by the Company with the Secretary of State of the State of Delaware, in the form of Exhibit F attached hereto.
Sample 1

Related to Series B-1 Purchase Price

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

  • Stock Purchase Price has the meaning set forth in Section 2 of the Subscription Agreement.

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

  • 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 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.

  • 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).

  • Per Pre-Funded Warrant Purchase Price equals $0.0001, subject to adjustment for reverse and forward share splits, share dividends, share combinations and other similar transactions relating to shares of Common Stock that occur after the date of this Agreement.

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

  • 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.

  • Series B-1 Preferred Shares means the Company’s series B-1 preferred shares, par value US$0.00001 per share.

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

  • Option Purchase Price has the meaning set forth in Section 9.36(b) hereof.

  • the Purchase Price means the price to be paid by the Buyer to the Seller for the purchase of the Property;

  • Per Unit Purchase Price equals $0.8670, subject to adjustment for reverse and forward stock splits, stock dividends, stock combinations and other similar transactions of the Common Stock that occur between the date of this Agreement and the applicable Closing Date.

  • Series B-2 Preferred Shares means the Company’s series B-2 preferred shares, par value US$0.00001 per share.

  • 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.

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

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

  • Series B-1 Preferred Stock means shares of the Company’s Series B-1 Preferred Stock, par value $0.0001 per share.

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

  • Purchase Price Per Share means $0.01 per share, as may be adjusted from time to time in accordance with Section 5 or 6.

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

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

  • Purchase Price Adjustment has the meaning set forth in Section 2.6.

  • Series B Purchase Agreement has the meaning set forth in the Recitals.