Adjusted IPO Price definition

Adjusted IPO Price means a price per Ordinary Share equal to the price per Ordinary Share received by the Company and its securityholders in the Initial Public Offering; provided that, if the Initial Public Offering takes place prior to the fifth anniversary of the Effective Date, then the Adjusted IPO Price means a price per Ordinary Share determined as follows:
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Adjusted IPO Price means the IPO Price as adjusted for the events specified in Section 4.6(a).
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Adjusted IPO Price is the price at which a Share is sold in the Company’s initial public offering (the “IPO Price”) multiplied by the number of Shares for which each Common Interest of Parent is exchanged in the Common Exchange. By way of example only, if each Common Interest of Parent is exchanged for two Shares, and the IPO Price of a Share is $10, then the Adjusted IPO Price for purposes of calculating the value of a Profits Interest is $20.
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Examples of Adjusted IPO Price in a sentence

  • The Debentures are subject to redemption, at any time as a whole or in part, at the election of the Company; provided that the Debentures may not be so redeemed prior to [insert the fifth anniversary of date of issuance of the 10 1/2% Repriced Convertible Preferred Stock] unless the closing price per share of the Common Stock for 45 consecutive trading days ending no more than 30 calendar days prior to the date notice of redemption is first mailed is at least 140% of the Adjusted IPO Price then in effect.

  • The Debentures are subject to redemption, at any time as a whole or in part, at the election of the Company; provided that the Debentures may not be so redeemed prior to [insert the fifth anniversary of date of issuance] unless the closing price per share of the Common Stock for 45 consecutive trading days ending no more than 30 calendar days prior to the date notice of redemption is first mailed is at least 140% of the Adjusted IPO Price then in effect.