Series B-2 Issue Price definition

Series B-2 Issue Price means US$0.3740 (which is converted from RMB2.5697 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 B-2 Preferred Shares.

Series B-2 Issue Price means US$19.48, as appropriately adjusted for share splits, share dividends, combinations, recapitalizations and similar events with respect to the Series B-2 Preferred Shares.

Series B-2 Issue Price means the per share price of US$1.0619.

Examples of Series B-2 Issue Price in a sentence

• Other than the provisions in connection with or in relation to the Series B-2 Issue Price, the Series B-2 Shares shall be entitled to the rights, powers and privileges applicable to the Series B Preferred Shares.

• During the course of those discussions, Abbott and the Company agreed that in exchange for providing Abbott with some of the terms it was seeking in order to provide it with greater transaction certainty, Abbott would no longer insist on a 5% termination fee and instead would agree to a termination fee of $25,250,000, or approximately 3.5% of the total transaction value, under the circumstances specified in the Merger Agreement.

• The number of Ordinary Shares to which a holder shall be entitled upon conversion of each Series B-2 Preferred Share shall be the quotient of the applicable Series B-2 Issue Price divided by the then effective Series B-2 Conversion Price.

• The Company shall have the right, during the Series B-2 Financing Period, to require the Series B-1 Shareholders to purchase a certain number of Series B-2 Shares in the amount of US$2,000,000 upon the closing of the Series B-2 Financing, at the Series B-2 Issue Price, provided that the Company shall give prior notice in writing to the Series B-1 Shareholders of no less than twenty (20) business days of the closing of the Series B-2 Financing.

• If any provision hereof limits, qualifies or conflicts with another provision hereof that is required to be included in this indenture by any of the provisions of the TIA, such required provision shall prevail.

More Definitions of Series B-2 Issue Price

Series B-2 Issue Price means US$50.9321, as appropriately adjusted for share splits, share dividends, combinations, recapitalizations and similar events with respect to the Series B-2 Preferred Shares after the date hereof.

Series B-2 Issue Price means US$2.8996;

Series B-2 Issue Price means the Series B-2 Purchase Price as defined in the Series B Purchase Agreement, which shall be US$0.031959999625 per share, as appropriately adjusted for share splits, share dividends, combinations, recapitalizations and similar events with respect to the Series B-2 Preferred Shares.

Series B-2 Issue Price means US$1.62485 per Series B-2 Preferred Share, as appropriately adjusted for any share dividend, share split, combination of shares, reorganization, recapitalization, reclassification or other similar event affecting the Series B-2 Preferred Shares.

Series B-2 Issue Price means initially US$6.057213 per share, as appropriately adjusted for share splits, share dividends, combinations, recapitalizations and similar events with respect to the Series B-2 Preferred Shares.

Series B-2 Issue Price has the meaning set forth in the Restated Articles.

Series B-2 Issue Price is US$1.62485 per Series B-2 Preferred Share, as appropriately adjusted for any share dividend, share split, combination of shares, reorganization, recapitalization, reclassification or other similar event affecting the Series B-2 Preferred Shares.