Series D Conversion Price definition

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

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

• The Series D Conversion Price shall be subject to adjustment as provided in Sections 5.4 through 5.7 below, and for the avoidance of doubt, any adjustment to the Series D Conversion Price as provided in Section 5.4 through 5.7 below shall result in a concordant adjustment to the number of shares of Common Stock into which each share of Series D Preferred Stock may be converted pursuant to the formula set forth in the first sentence of this Section 5.1.1 for determining the Conversion Ratio.

• 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 non-assessable shares of Common Stock equal to the ratio determined by dividing (A) the Stated Value of such share of Series D Preferred Stock by (B) the Series D Conversion Price (as defined below) in effect at the time of conversion (the “Conversion Ratio”).

• If the Corporation shall at any time or from time to time after the filing date of this Certificate (the “Effective Date”) effect a subdivision of the outstanding Common Stock, the Series D Conversion Price in effect immediately before that subdivision shall be proportionately decreased so that the number of shares of Common Stock issuable on conversion of each share of such series shall be increased in proportion to such increase in the aggregate number of shares of Common Stock outstanding.

• If the Corporation shall at any time or from time to time after the Effective Date combine the outstanding shares of Common Stock, the Series D Conversion Price in effect immediately before the combination shall be proportionately increased so that the number of shares of Common Stock issuable on conversion of each share of such series shall be decreased in proportion to such decrease in the aggregate number of shares of Common Stock outstanding.

More Definitions of Series D Conversion Price

Series D Conversion Price has the meaning ascribed to it in the Restated Articles.

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

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. $4.00; . "Series E Conversion Price": $4.25. The Applicable Conversion Price (as defined below in Section 6.1.3) for each such series shall be subject to adjustment as provided below in Section 6.5.

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).

Series D Conversion Price means $1.215033 per share of Series D Preferred Stock, as adjusted pursuant to the provisions of Section 5(f) hereof from time to time after the Series D Original Issuance Date.

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 below in Clause 9(d)(iv) of the Memorandum.