Series D Conversion Price definition

Series D Conversion Price has the meaning set forth in the Charter.

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Series D Conversion Price shall have the meaning ascribed to such term in the Series D Designations.

Series D Conversion Price means $1.50, as adjusted pursuant to Section 7(c).

Examples of Series D Conversion Price in a sentence

Such initial Series D Conversion Price, and the rate at which shares of Series D Preferred Stock may be converted into shares of Common Stock, shall be subject to adjustment as provided below.
The initial Series D Conversion Price shall be subject to adjustment as provided in accordance with Section 4(d) of this Article 5.
Such initial Series D Conversion Price shall be subject to adjustment from time to time, as hereinafter provided.
If, after the aforementioned aggregation, the conversion should result in the issuance of a fraction of a share of Common Stock, the Corporation shall, in lieu of issuing any fractional share, pay the holder otherwise entitled to such fraction a sum in cash equal to such fraction multiplied by the Series D Conversion Price then in effect.
Each share of Series D Preferred Stock shall be convertible, at the option of the holder thereof, at any time and from time to time, and without the payment of additional consideration by the holder thereof, into such number of fully paid and nonassessable shares of Common Stock as is determined by dividing the Series D Original Issue Price by the Series D Conversion Price (as defined below) in effect at the time of conversion.

More Definitions of Series D Conversion Price

Series D Conversion Price means $1.50, as adjusted pursuant to Section 7(c) of Article V.B.

Series D Conversion Price has the meaning set forth in the Restated Articles.

Series D Conversion Price shall have the meaning set forth in Section 6(a).

Series D Conversion Price means, on a per share basis, the Series D Original Issue Price, subject to adjustment as set forth in Section 7(d).

Series D Conversion Price means the price at which Ordinary Shares shall be allotted upon conversion of the Series D Preferred Shares as stipulated in Article 16.

Series D Conversion Price means a price that initially equals to the Original Series D Issue Price, and shall be adjusted from time to time as provided in Clause (d)(v) of the Memorandum.

Series D Conversion Price as of the Effective Time shall mean $1.4222 per share for the Series D Preferred Stock (subject to adjustment from time to time after the Effective Time for Recapitalizations and as otherwise set forth elsewhere herein).