Series B Purchase Price definition

Series B Purchase Price means the aggregate purchase price to be paid by the Purchaser pursuant to the Series B Stock Purchase Agreement in respect of all shares of Series B Preferred Stock that the Purchaser has purchased pursuant thereto.

Series B Purchase Price shall have the meaning set forth in Section 7(b) hereof.

Series B Purchase Price means $0.8333 per share of Series B Preferred Stock (as equitably adjusted to reflect any stock split, stock dividend, combination, consolidation, reorganization, recapitalization, reclassification or other similar event involving the Series B Preferred Stock after the Effective Time).

Examples of Series B Purchase Price in a sentence

• 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 Purchase Price under the Securities Purchase Agreement (the “Closing”).

• On the Closing Date, the Investor shall duly execute the Investor Note, registered in the name of the Company, in full satisfaction of the Series B Purchase Price pursuant to the Securities Purchase Agreement, and, in accordance with the instructions of the Company in the Flow of Funds Letter (as defined in the Securities Purchase Agreement), the Investor shall maintain physical possession of the Investor Note as Collateral (as defined in the Series B Note) securing the Series B Note.

• 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 Purchase Price of Eligible Assets as of the Closing Date.

• The number of shares into which one share of Series B Preferred Stock shall be convertible shall be determined by dividing the Series B Purchase Price by the then existing Conversion Price (as set forth below) (the “Conversion Ratio”).

• In addition, at the Closing, an authorized person of such Buyer shall certify in a written certificate in the form attached hereto as Exhibit F (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 Purchase Price of Eligible Assets (as defined in the Investor Note) as of the Closing Date.

More Definitions of Series B Purchase Price

Series B Purchase Price means, with respect to any Series B Holder, the product obtained by multiplying (i) $10.00, by (ii) the number of Series B Preferred Units purchased by such Series B Holder.

Series B Purchase Price has the meaning set forth in Section 2.2.

Series B Purchase Price means USD3.26705200456 per Series B Preference Share.

Series B Purchase Price means $9,380,000.

Series B Purchase Price means $.00182 per Series B Share, adjusted for any combinations, consolidations or stock distributions, stock dividends or stock splits with respect to the Series B Shares subsequent to the initial issuance of the Series B Preferred Stock (including the applicable Prior Splits).

Series B Purchase Price has the meaning given to the defined term of “Purchase Price” in the Series B Share Purchase Agreement.

Series B Purchase Price means US$0.125 for each Series B Share.