Series C Issue Price definition

Series C Issue Price means US$6.8620393, as appropriately adjusted for share splits, share dividends, combinations, recapitalizations and similar events with respect to the Series C+ Preferred Shares.

Series C Issue Price means $14.00 per Series C Preferred Unit.

Series C Issue Price means US$2.1020 per Series C Preferred Share, as appropriately adjusted for any share dividend, share split, combination of shares, reorganization, recapitalization, reclassification or other similar event affecting the Series C Preferred Shares;

Examples of Series C Issue Price in a sentence

• The initial Capital Account balance in respect of each Series C Preferred Unit issued on the Series C Issuance Date shall be the Series C Issue Price, and the initial Capital Account balance in respect of each Series C PIK Preferred Unit shall be zero.

• After the full Series D Redemption Amount on all issued and outstanding Series D Preferred Shares has been paid to those holders who have elected for redemption, the holders of the Series C Preferred Shares shall be entitled to receive, prior to any payment to the holders of Series B Preferred Shares and Series A Preferred Shares, an amount per Series C Preferred Share equal to the Series C Issue Price (the “Series C Redemption Amount”).

• The Series C Preferred Stock shall be offered at a purchase price of Ten Thousand Dollars ($10,000) per share (the "Original Series C Issue Price"), with an eight percent (8%) per annum accretion rate as set forth herein.

• The number of shares of Common Stock to which a holder of Preferred Stock shall be entitled upon conversion shall be determined by dividing the Series A Issue Price, Series B Issue Price, Series B-1 Issue Price, Series C Issue Price, Series C-1 Issue Price or Series D Issue Price, as applicable, by the conversion price for such share in effect at the time that such certificate is surrendered for conversion, and then multiplying by the number of shares of Preferred Stock being converted.

• The redemption price for each of the Series BC Redeemed Shares held by the Series BC Redemption Parties (the “Series BC Redemption Price”) shall be calculated in accordance with the following formula: Series BC Redemption Price = I * (1+8% or 6%*T) + A - M For the purpose of the foregoing formula, the following definitions shall apply, I = Deemed Series B Issue Price, or Deemed Series B+ Issue Price, Deemed Series C Issue Price (as applicable).

More Definitions of Series C Issue Price

Series C Issue Price means US$2.30135 per Series C Preferred Share, and (4) “Series D Issue Price” means US$6.7665 per Series D Preferred Share. The Company shall, as provided below, redeem the Preferred Shares.

Series C Issue Price means the issue price for each Series C Preferred Share, which is $2.9391, subject to adjustment for any share split, share dividend, share subdivision, combination, reorganization, reclassification, consolidation or merger or other similar event.

Series C Issue Price means U.S. dollar equivalent to RMB3,903.20, the deemed per-share purchase price for the Series C Preferred Shares (as appropriately adjusted for any share split, share division, share combination, share dividend or similar events), calculated based on the middle exchange rate published by the Bank of China on the date of payment of any Series C Preference Amount to the Series C Preferred Shareholders, or on the date of adjusting conversion price of any Series C Preferred Share pursuant to Section 4.3(b) of Schedule A, as applicable.

Series C Issue Price means US$2.30135, the price paid by the Series C Shareholders per Series C Preferred Share.

Series C Issue Price means the Series C-1 Issue Price and the Series C-2 Issue Price, as applicable.

Series C Issue Price has the meaning ascribed to it in the Restated Articles.

Series C Issue Price means U.S. dollar equivalent to RMB3,903.20, the deemed per-share purchase price for the Series C Preferred Shares (as appropriately adjusted for any share split, share division, share combination, share dividend or similar events), calculated pursuant to the exchange rate published by the Bank of China on the date when any Series C Preferred Shareholder exercises its put option right pursuant to Section 6.7 hereof.