Payment of Exchange Price Sample Clauses

Payment of Exchange Price. The Company shall deliver the cash portion of the Exchange Price by wire transfer of immediately available funds to the Alesco CDO on the Closing Date pursuant to the wire instructions set forth on Exhibit C.
Sample 1
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Payment of Exchange Price. The Company shall deliver the cash portion of the Exchange Price by wire transfer of immediately available funds to the Investors on the Closing Date pursuant to the wire instructions provided by the Investors prior to the Closing Date.
Sample 1
Payment of Exchange Price. The Exchange Price shall be paid by Channel America issuing to Pritchard 2,447,059 shares of Common Stock ("Common Shares") of Channel Xxxxxxx. The number of Common Shares constituting full Exchange Price was determined in accordance with the following formula based upon a bid price of 17/32 (.53125): Exchange Price divided by (current bid price x 50%) = # Common Shares 650,000 divided by (.53125 x 50%) = # Common Shares 650,000 divided by (.265625) = # Common Shares Proof: 2,447,059 x $.53125 = $1,300,000
Sample 1
Payment of Exchange Price. As of the Effective Time, OMG shall deliver (i) to First Union National Bank or such other bank or trust company designated by OMG (and reasonably acceptable to Auric) (the "Exchange Agent"), for the benefit of Auric Stockholders, for conversion in accordance with this Article II, an amount of cash equal to Seventy Seven Million Dollars ($77,000,000) (such amount being hereinafter referred to as the "Exchange Fund") and (ii) to First Union National Bank (the "Escrow Agent"), under an Escrow Agreement in the form attached hereto as Exhibit B (the "Escrow Agreement"), cash in the amount of Three Million Dollars ($3,000,000) (the "Escrow Fund").
Sample 1

Related to Payment of Exchange Price

  • Adjustment of Exchange Price (A) The Exchange Price is subject to adjustment upon certain events, including, (i) subdivisions, combinations and reclassification of the Series A Preferred Stock, and (ii) distributions to all holders of Series A Preferred Stock of evidences of indebtedness of the General Partner or assets (including securities, but excluding dividends and distributions paid in cash out of equity applicable to Series A Preferred Stock).

  • Adjustment of Exchange Ratio In the event that, subsequent to the date of this Agreement but prior to the Effective Time, the outstanding shares of Parent Common Stock or Company Common Stock, respectively, shall have been changed into a different number of shares or a different class as a result of a stock split, reverse stock split, stock dividend, subdivision, reclassification, combination, exchange, recapitalization or other similar transaction, the Exchange Ratio shall be appropriately adjusted.

  • Adjustment of Exchange Rate The Exchange Rate shall be adjusted from time to time by the Company as follows:

  • 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”).

  • Payment of Exercise Price In the event that the holder has elected a Cash Exercise with respect to some or all of the Warrant Shares to be issued pursuant hereto, the holder shall pay the Aggregate Exercise Price in the sum of $___________________ to the Company in accordance with the terms of the Warrant.

  • Adjustment of Exercise Price (a) The Exercise Price and the number of shares deliverable upon the exercise of the Warrants will be subject to adjustment in the event and in the manner following:

  • Payment of Warrant Exercise Price The holder shall pay the Aggregate Exercise Price of $______________ to the Company in accordance with the terms of the Warrant.

  • Exercise Price Adjustment Whenever the number of Warrant Shares purchasable upon the exercise of the Warrant is adjusted, as herein provided, the Exercise Price payable upon the exercise of this Warrant shall be adjusted by multiplying such Exercise Price immediately prior to such adjustment by a fraction, of which the numerator shall be the number of Warrant Shares purchasable upon the exercise of the Warrant immediately prior to such adjustment, and of which the denominator shall be the number of Warrant Shares purchasable immediately thereafter.

  • Exercise Price The exercise price per share of the Common Stock under this Warrant shall be $1.00, subject to adjustment hereunder (the “Exercise Price”).

  • Exercise Price Adjusted As used in this Warrant, the term "Exercise Price" shall mean the purchase price per share specified in Section 3 of this Warrant, until the occurrence of an event stated in subsection (a), (b) or (c) of this Section 5, and thereafter shall mean said price as adjusted from time to time in accordance with the provisions of said subsection. No such adjustment under this Section 5 shall be made unless such adjustment would change the Exercise Price at the time by $.01 or more; provided, however, that all adjustments not so made shall be deferred and made when the aggregate thereof would change the Exercise Price at the time by $.01 or more. No adjustment made pursuant to any provision of this Section 5 shall have the net effect of increasing the Exercise Price in relation to the split adjusted and distribution adjusted price of the Common Stock. The number of shares of Common Stock subject hereto shall increase proportionately with each decrease in the Exercise Price.

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