Additional Subscription Amount definition
Additional Subscription Amount means, as to each Purchaser, the aggregate amount equal to the product of (i) the number of Warrant Shares underlying the Warrants purchased by a Purchaser multiplied by (ii) $0.01 in connection with the Warrants, which Additional Subscription Amount shall be paid in United States dollars and in immediately available funds by the Purchaser at Closing.
Additional Subscription Amount shall have the meaning ascribed to such term in Section 2.2.
Additional Subscription Amount means a value equal to the difference obtained by subtracting the Initial Subscription Amount from the Total Subscription Amount.
Examples of Additional Subscription Amount in a sentence
On the Additional Closing Date (if any), upon the terms and subject to the conditions set forth herein, the Company agrees to sell, and the Purchasers, severally and not jointly, agree to purchase, an aggregate Additional Subscription Amount of $10,000,000.00 of the Additional Notes and the Additional Warrants.
Each Purchaser shall purchase an Additional Note in the Additional Note Principal Amount, and Additional Warrants to purchase the number of Warrant Shares, against payment of the Additional Subscription Amount, all as set forth below such Purchaser’s signature block on the signature pages hereto.
More Definitions of Additional Subscription Amount
Additional Subscription Amount means, as to each Purchaser, the aggregate amount equal to the product of (i) the number of Warrant ADSs underlying the Warrants purchased by a Purchaser multiplied by (ii) $0.0012047 in connection with the Warrants, which Additional Subscription Amount shall be paid in United States dollars and in immediately available funds by the Purchaser at the Closing.
Additional Subscription Amount means, as to each Purchaser, the Second Closing Subscription Amount and/or the Third Closing Subscription Amount, as applicable.
Additional Subscription Amount means, as to each Purchaser, the aggregate amount to be paid for the Additional Debentures purchased hereunder pursuant to Section 2.2.
Additional Subscription Amount shall have the meaning ascribed to such term in Section 4.15(a).
Additional Subscription Amount means the $3,000,000 in aggregate to be paid to the Issuer upon the Subsequent Closings for the Additional Committed Shares; (iii) the “Adjustment Period” means the ninety (90) calendar day period following the closing date of the Transaction; (iv) “business day” means a day, other than a Saturday, Sunday or other day on which commercial banks in New York, New York or governmental authorities in the Cayman Islands (for so long as Issuer remains domiciled in Cayman Islands) are authorized or required by law to close; (v) “Closing” means the Initial Closing and each Subsequent Closing; (vi) “Closing Date” means the Initial Closing Date and each Subsequent Closing Date; (vii) “Stock Exchange” means the securities exchange or market, if any, on which the Shares are then listed; and (viii) “Subsequent Closing Price” means the greater of (x) the lesser of (A) $10.00 and (B) the price per Share of any private placement of Shares by the Issuer during the Adjustment Period and (y) 80% of the volume weighted average price of the Shares during the twenty (20) business day period ending on the third business day prior to the applicable Subsequent Closing Date.
Additional Subscription Amount means the amount each Purchaser agrees to pay at the Second Tranche Closing as reflected on its signature page.
Additional Subscription Amount means the total amount as set out in Part A of SCHEDULE 4 to be invested by the Investor to subscribe to the Additional Naspers Securities.