Examples of Series E Purchase Price in a sentence
The Series E Purchase Price and the Series F Purchase Price shall be subject to adjustment from time to time as provided in Sections 11 and 13 hereof and shall be payable in accordance with paragraph (c) below.
References in this Agreement to the "Purchase Price" shall mean the Series E Purchase Price and/or the Series F Purchase Price, as the context requires.
As so amended, the Circuit City Rights are now designated as the “Rights”, the Series E Purchase Price is now designated as the “Purchase Price”, and all provisions relating to the CarMax Stock, the CarMax Rights, the Series F Preferred Stock and the Series F Purchase Price have been deleted.
Subject to the terms and conditions hereof and in consideration of the Series E Purchase Price set forth below, the Company hereby agrees to issue and sell to the Purchaser, and the Purchaser hereby agrees to purchase from the Company, 7,828,728 Series E Shares, at a price of US$80.5674 per share, for an aggregate purchase price of US$630,740,000 (the “Series E Purchase Price”).
At the Closing, the Purchaser shall deliver to the Company the Series E Purchase Price for each Series E Share to the bank account which shall be designated by the Company in writing to the Purchaser not less than five (5) Business Days prior to the Closing.
The shares of such series of Preferred Stock shall be designated as "Series E Convertible Preferred Stock" (referred to herein as the "Series E Convertible Preferred Stock"), and shall have a per share purchase price of $4.50 (which amount shall be subject to equitable adjustment whenever there shall occur a stock split, combination, reclassification or other similar event involving the Series E Convertible Preferred Stock) (the "Original Series E Purchase Price").
The redemption price for the Series E Preferred Stock (the "Series E Redemption Price") shall be equal to the Original Series E Purchase Price, plus any accrued but unpaid dividends.
Upon satisfaction of the other conditions to the First Closing specified herein, the escrowed Series E Purchase Price shall be released to the Company against delivery of duly executed certificates representing the number of Series E Preferred Shares and Warrants which the Buyers are purchasing.
The Liquidation Value for each share of Series E Preferred Stock shall be the sum of (x) Two Dollars and Thirty Cents ($2.30) (as adjusted for any stock dividends, combinations or splits with respect to such shares) (the "Original Series E Purchase Price") and (y) an amount that reflects a 12% return, compounded annually, on the Original Series E Purchase Price for each 12 months that has passed since the Original Issue Date with respect to the Series E Preferred Stock.
The Purchasers shall pay their Series E Purchase Price for the Series E Preferred Shares and their Series D Purchase Price for the Series D Preferred Shares by wire transfer to the account designated pursuant to the Escrow Agreement by and among the Company, each Purchaser and the escrow agent ("Escrow Agent") designated therein in the form attached hereto as Exhibit "D" ("Escrow Agreement"), all in accordance with the terms of the Escrow Agreement.