Series A Consideration definition

Series A Consideration has the meaning specified in Section 2.6(a)(ii)(1).

Series A Consideration means the aggregate value of the Company Series A Preferred Stock calculated based on the Aggregate Closing Consideration Value and in accordance with the Company’s Organizational Documents and taking into account amounts necessary to make payments to Company Optionholders in accordance with Section 2.3.

Series A Consideration means the lesser of (A) the number of fully paid and nonassessable shares of Surviving Company Common Stock whose aggregate Trailing Average Market Price equals $6,000,000, and (B) the Fully Diluted Merger Consideration. For the purposes of this section 3(a), "Trailing Average Market Price" shall mean the average of the daily Market Price for each business day on the twenty (20) consecutive business days the last day of which shall be the fifth business day prior to the effective time of

Examples of Series A Consideration in a sentence

• In the event the Exchange Fund shall be insufficient to pay the aggregate Merger Consideration, Series A Consideration and Series C Consideration, Community shall promptly deposit additional funds with the Paying Agent in an amount which is equal to the deficiency in the amount required to make such payment.

• The Series A Consideration and any Additional Merger Consideration and/or Earn Out Consideration shall be allocated among the holders of Company Series A Preferred Stock as set forth on Schedule 1.5 hereto.

• Notwithstanding any provision of this Agreement to the contrary, any Dissenters’ Shares shall not be converted into or represent a right to receive any Per Common Consideration, Per Series A Consideration or Per Series B Consideration, but the holder of such Dissenters’ Shares shall only be entitled to such rights as are granted by the IBCL.

• Until surrendered as contemplated by this Section 2.2, each Kinderhook Certificate and Book-Entry Share shall be deemed at any time after the Effective Time to represent only the right to receive the applicable Merger Consideration, Series A Consideration or Series C Consideration, as applicable, as contemplated by this Article 2.

• Until so surrendered, each such Certificate (other than Certificates representing Excluded Shares) shall represent solely the right to receive the Merger Consideration, the Series A-1 Consideration or the Series A Consideration as applicable (less any applicable withholding, if any) relating thereto.

More Definitions of Series A Consideration

Series A Consideration shall be (i) if the Closing Price is equal to or less than 90% of the MOU Price, the product of $4,400,000 and 0.9, (ii) if the Closing Price is greater than 90% of the MOU Price and less than 110% of the MOU Price, the product of

Series A Consideration means, with respect to each Series A Share, (i) the Series A Per Share Consideration, if any, for such Series A Share and (ii) the Remaining Per Share Consideration, if any; provided, that if the value of the Series A Per Share Consideration and the Remaining Per Share Consideration (for this purpose, valuing Buyer Common Stock at the Closing Stock Value) exceeds $7.50 (subject to equitable adjustment in the event of any stock split, stock dividend, reverse stock split or similar event affecting the Series A Shares after the date hereof), "Series A Consideration" shall mean, with respect to such Series A Share, the Series A Per Share Consideration for such Series A Share and such portion of the Remaining Per Share Consideration that has an aggregate value (for this purpose, valuing Buyer Common Stock at the Closing Stock Value) equal to $7.50 (subject to equitable adjustment in the event of any stock split, stock dividend, reverse stock split or similar event affecting the Series A Shares after the date hereof).

Series A Consideration means, with respect to such Series A Share, the Series A Per Share Consideration for such Series A Share and such portion of the Remaining Per Share Consideration that has an aggregate value (for this purpose, valuing Buyer Common Stock at the Closing Stock Value) equal to $7.50 (subject to equitable adjustment in the event of any stock split, stock dividend, reverse stock split or similar event affecting the Series A Shares after the date hereof).

Series A Consideration means the number of shares of Lightbridge Common equal to the sum of (i) $1.00 divided by the Calculation Price, plus (ii) the Remainder Amount multiplied by the number of shares of Coral Common into which a share of Coral Series A is convertible immediately prior to the Effective Time.

Series A Consideration means, with respect to each share of Series A Stock that is outstanding immediately prior to the Effective Time, (a) the Series A Liquidation Amount, plus (b) the Common Stock Consideration.

Series A Consideration means $10.00 per Company Series A Share (including the stock dividends payable up to but not including the Closing Date).

Series A Consideration means 0.06779167 shares of Lightbridge Common.