Increased Offer Price Sample Clauses

Increased Offer Price. The Offer on August 5, 1997, provided for an Offer Price, as defined in the Merger Agreement, of $12.00 net cash per share. As a result of the Actions, Fujitsu and/or Fujitsu International agree to increase the Offer Price by an additional $0.40 per share to $12.40 net cash per share, in consideration for a release substantially in the form set forth below.
Sample 1Sample 2
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Increased Offer Price. (a) In the event that DTA determines that it intends to offer more than Can. $14.00 per Common Share pursuant to a public take-over bid to acquire the outstanding Common Shares of Target, then PGI shall provide notice of such determination, including the new price, to GL. By 5:00 p.m. E.S.T. on the later of the (i) third day, or (ii) second business day following PGI's notice to GL (the later of which constitutes the "GL Response Period"), GL shall notify PGI whether GL will (i) continue with the Agreement at the increased price, or (ii) terminate the Agreement pursuant to Section 14(c) if DTA proceeds at the increased price. If GL does not provide PGI with notice within the GL Response Period, then the Agreement will continue in full force and effect and GL, PGI and DTA shall be bound at the increased price. In the event that, within the GL Response Period, GL notifies PGI that GL will terminate the Agreement at the increased price pursuant to Section 14(c), then by 5:00 p.m. E.S.T. on the later of the (i) second day or (ii) first business day following receipt of GL's notification (the later of which constitutes the "PGI Response Period"), PGI will notify GL whether PGI will (i) continue with the Agreement and not increase the price, or (ii) increase the price and terminate the Agreement pursuant to Section 14(c). If PGI elects clause (ii) in the immediately preceding sentence within the PGI Response Period, this shall constitute a Termination Event pursuant to Section 14(c). If PGI does not respond within the PGI Response Period, the PGI shall not increase the price of the public take-over bid above Can. $14.00 per Common Share and the Agreement will continue, in which case PGI will continue to have the right to propose an increase in the price at a later time or times, subject to the terms of this provision.
Sample 1

Related to Increased Offer Price

  • Offer Price “Offer Price” is defined in Recital A of the Agreement.

  • Adjustment to Conversion Price Whenever the Conversion Price is adjusted pursuant to any provision of this Section 5, the Company shall promptly deliver to each Holder a notice setting forth the Conversion Price after such adjustment and setting forth a brief statement of the facts requiring such adjustment.

  • Conversion Price Adjustment In the event the Company, shall, at any time following the issuance of the Series A-1 Preference Shares, issue additional Common Shares in a financing transaction the sole purpose of which is to raise capital, at a price per share less than the Conversion Price then in effect, then the Conversion Price upon each such issuance shall be reduced to a price equal to the consideration paid for such additional Common Shares.

  • Exchange Price The price per share at which the Warrant Stock is issuable upon Exercise or Exchange of this Warrant shall be $9.33, subject to Section 1.3 (a) hereof and subject to adjustment from time to time as set forth herein (the “Exchange Price”).

  • Conversion Price The conversion price in effect on any Conversion Date shall be equal to $0.03, subject to adjustment herein (the “Conversion Price”).

  • Conversion Rate Adjustments where Converting Holders Participate in the Relevant Transaction or Event Notwithstanding anything to the contrary in this Indenture or the Notes, if:

  • Adjustment of Conversion Price The Conversion Price shall be subject to adjustment from time to time as follows:

  • Conversion Price Adjustments The conversion price shall be subject to adjustment (without duplication) from time to time as follows:

  • Conversion Price and Adjustments to Conversion Price (i) The conversion price in effect on any Conversion Date shall be equal to the lesser of (a) $0.4735 (the “Fixed Conversion Price”) or (b) ninety five percent (95%) of the lowest Volume Weighted Average Price of the Common Stock during the thirty (30) trading days immediately preceding the Conversion Date as quoted by Bloomberg, LP (the “Market Conversion Price”). The Fixed Conversion Price and the Market Conversion Price are collectively referred to as the “Conversion Price.” The Conversion Price may be adjusted pursuant to the other terms of this Debenture.

  • Notice of Conversion Rate Adjustments Upon the effectiveness of any adjustment to the Conversion Rate pursuant to Section 5.05(A), the Company will promptly send notice to the Holders, the Trustee and the Conversion Agent containing (i) a brief description of the transaction or other event on account of which such adjustment was made; (ii) the Conversion Rate in effect immediately after such adjustment; and (iii) the effective time of such adjustment.

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