Series B Preferred Conversion Price definition

Series B Preferred Conversion Price shall have the meaning ascribed to such term in the Certificate of Designations of Series B Convertible Preferred Stock of AeroGrow International, Inc.
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Series B Preferred Conversion Price with respect to the Series B Preferred Stock shall initially be equal to the Series B Preferred Original Purchase Price and shall be subject to adjustment from time to time as follows:
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Series B Preferred Conversion Price shall have the meaning set forth in Section B.7(d) hereof.
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Examples of Series B Preferred Conversion Price in a sentence

  • All references to the Series B Preferred Conversion Price herein shall mean the Series B Preferred Conversion Price as so adjusted.

  • Such initial Series B Preferred Conversion Price shall be adjusted from time to time in accordance with this Section 4.

  • All references herein to the Series A Preferred Conversion Price, Series B Preferred Conversion Price and Series C Preferred Conversion Price shall mean the Series A Preferred Conversion Price, Series B Preferred Conversion Price and Series C Preferred Conversion Price, respectively, as so adjusted.

  • Conversely, if the Company shall at any time or from time to time after the Original Issue Date combine the outstanding shares of Common Stock into a smaller number of shares without a corresponding combination of the Preferred Stock, the Series A Preferred Conversion Price, the Series B Preferred Conversion Price and the Series C Preferred Conversion Price, as applicable, in effect immediately before the combination shall be proportionately increased.

  • Such initial Series B Preferred Conversion Price shall be adjusted from time to time in accordance with this Section 5.

  • In any such case, appropriate adjustment shall be made in the application of the provisions of this Section 5 with respect to the rights of the holders of Series B Preferred after the capital reorganization to the end that the provisions of this Section 5 (including adjustment of the Series B Preferred Conversion Price then in effect and the number of shares issuable upon conversion of the Series B Preferred) shall be applicable after that event and be as nearly equivalent as practicable.

  • The Series B Preferred Conversion Price (the “Series B Preferred Conversion Price”) shall initially be $0.58 per share.

  • The conversion price for the Series A Preferred, the Series B Preferred and Series C Preferred, respectively, shall initially be the respective Original Issue Price of the Series A Preferred (the "Series A Preferred Conversion Price"), the Series B Preferred (the "Series B Preferred Conversion Price") and the Series C Preferred (the "Series C Preferred Conversion Price").

  • If the Company shall at any time or from time to time after the applicable Original Issue Date effect a subdivision of the outstanding Common Stock without a corresponding subdivision of the Preferred Stock, the Series A Preferred Conversion Price, Series B Preferred Conversion Price and the Series C Preferred Conversion Price, as applicable, in effect immediately before that subdivision shall be proportionately decreased.

  • Such initial Series B Preferred Conversion Price shall be adjusted from time to time in accordance with this Section (d).


More Definitions of Series B Preferred Conversion Price

Series B Preferred Conversion Price shall initially be equal to $3.73. Such initial Series B Preferred Conversion Price, and the rate at which shares of Series B Preferred Stock may be converted into shares of Series A Common Stock, shall be subject to adjustment as provided below.
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Series B Preferred Conversion Price has the meaning ascribed to such term in the Certificate of Designations of Series B Convertible Preferred Stock of Licensee (the “Certificate of Designations”).
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Related to Series B Preferred Conversion Price

  • 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.

  • 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.

  • 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:

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

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

  • Company Conversion Price means, as of any date of determination, the price which shall be the lower of (i) the applicable Conversion Price and (ii) that price computed as 90% of the arithmetic average of the Weighted Average Price of the Common Stock on each of the ten (10) consecutive Trading Days ending on the Trading Day immediately preceding the applicable Company Redemption Date (each a “Company Conversion Measuring Period”). All such determinations to be appropriately adjusted for any stock split, stock dividend, stock combination or other similar transaction that proportionately decreases or increases the Common Stock during such Company Conversion Measuring Period.

  • Series B Preferred means the Company's Series B Preferred Stock, par value $0.01 per share.

  • 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.

  • Series C Preferred means all shares of the Series C Preferred Stock, $0.001 par value per share, of the Company.

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

  • Series C Preferred Stock means shares of the Company’s Series C Preferred Stock, par value $0.001 per share.

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

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

  • Series F Preferred Shares means the Series F Preferred Shares of the Company, par value US$0.0001 per share, with the rights and privileges as set forth in the Memorandum and Articles.

  • Series B-2 Preferred Stock means shares of the Company’s Series B-2 Preferred Stock, par value $0.001 per share.

  • Series D Preferred means the Corporation's Series D Convertible Preferred Stock, par value $.002 per share.

  • Series A Preferred Shares means the Series A Preferred Shares of the Company, par value US$0.0001 per share, with the rights and privileges as set forth in the Memorandum and Articles.

  • Series E Preferred Shares means the Series E Preferred Shares of the Company, par value US$0.0001 per share, with the rights and privileges as set forth in the Memorandum and Articles.

  • Series D Preferred Stock means shares of the Company’s Series D Preferred Stock, par value $0.001 per share.

  • Series A Preferred means the Series A preferred stock, $.01 par value per share, of the Company.

  • Initial Conversion Price has the meaning specified in Section 13.01.

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

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

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

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

  • Series B Preferred Shares means the Series B Preferred Shares of the Company, par value US$0.0001 per share.