Common Stock Conversion Amount definition

Common Stock Conversion Amount means, in respect of each share of Common Stock (or share of Common Stock issuable upon exercise of a Company Stock Option), the quotient obtained by dividing (i) the sum of (x) the Aggregate Common Equity Amount plus (y) the aggregate exercise price of all Company Stock Options with respect to which such payment is required to be made by (ii) the Fully Diluted Share Number.
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Common Stock Conversion Amount means the Aggregate Merger Consideration less the sum of the Series A Liquidation Payment and the Series B Liquidation Payment, with the difference divided by the number of shares of Common Stock issued and outstanding immediately prior to the Effective Time.
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Common Stock Conversion Amount has the meaning set forth in Section 2.1.
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Examples of Common Stock Conversion Amount in a sentence

  • Notwithstanding anything to the contrary in this Section 10(c), but subject to Section 3(d), until the Company delivers Common Stock representing the Holder Optional Common Stock Conversion Amount to the Holder, the Holder Optional Common Stock Conversion Amount may be converted by the Holder into Common Stock pursuant to Section 3.

  • The portion of this Note subject to redemption pursuant to this Section 10 shall be redeemed by the Company on the applicable Optional Redemption Date in either cash at a price equal to the Holder Optional Cash Redemption Amount being redeemed (the “Holder Optional Cash Redemption Price”) or in Common Stock in an amount equal to the Holder Optional Common Stock Conversion Amount.

  • This Warrant has been issued pursuant to the provisions of the definitions of "Preferred Stock Corporate Conversion" and "Common Stock Conversion Amount" provided in the LLC Agreement.

  • The Common Stock Conversion Amount shall be paid by check and shall be mailed to the address of such Surrendering Stockholder as indicated on ENSA's stock register or to such other address as such Surrendering Stockholder indicates in writing signed by such Surrendering Stockholder.

  • The portion of this Debenture subject to redemption pursuant to this Section 10 shall be redeemed by the Company on the applicable Optional Redemption Exercise Date in either cash at a price equal to the Holder Optional Cash Redemption Amount being redeemed (the "HOLDER OPTIONAL CASH REDEMPTION PRICE") or in Common Stock in an amount equal to the Holder Optional Common Stock Conversion Amount.

  • Such claims include those Employee may have or has against Employer or Released Parties.

  • ERD shall use its best efforts to obtain financing on terms reasonably satisfactory to ERD's board of directors to enable ERD to pay the Common Stock Conversion Amount and the Preferred Stock Conversion Amount.

  • The Common Stock Conversion Amount and the Series B Conversion Amount to be paid in accordance with the terms hereof shall be deemed to be paid in full satisfaction of all rights pertaining to the shares of ENSA Common Stock or ENSA Series B or Series C Preferred Stock, as the case may be.

  • At the end of any such Extension Period the Company shall pay all interest then accrued and unpaid on this Security; provided, however, that no Extension Period shall extend beyond the Stated Maturity of the principal of this Security; provided, further, that during any such Extension Period, the Company shall comply with certain covenants contained in the Indenture, as applicable.

  • Subject to the terms of Section 2.8(e), each issued and outstanding share of Common Stock immediately prior to the Effective Time (other than any shares of Common Stock to be canceled in accordance with Section 2.9(b) and other than Appraisal Shares) shall be converted into and represent the right to receive an amount of cash (rounded to the nearest cent), without interest, equal to the Common Stock Conversion Amount.


More Definitions of Common Stock Conversion Amount

Common Stock Conversion Amount shall have the meaning set forth in Section 6(a).
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Common Stock Conversion Amount means the number of shares of common stock of the surviving corporation in a Qualified Corporate Conversion that a Member is entitled to receive with respect to its Units which amount shall equal:
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Common Stock Conversion Amount means the quotient (calculated to the fourth decimal place and truncated thereafter) obtained by dividing (a) the Common Cash Consideration by (b) the outstanding Company Common Stock immediately prior to the Effective Date of the Merger.
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Related to Common Stock Conversion Amount

  • Conversion Amount means the sum of the Stated Value at issue.

  • Series B Conversion Price means, as of the applicable Conversion Date, the greater of (A) the average of the Market Values of the Common Stock for the five consecutive Trading Days preceeding (but not including) such Conversion Date, or (B) the then effective Series B Minimum Conversion Price.

  • Forced Conversion Amount means the sum of (a) 100% of the aggregate Stated Value then outstanding and (b) all liquidated damages and other amounts due in respect of the Preferred Stock.

  • Series A Conversion Price shall initially be equal to $0.71. Such initial Series A Conversion Price, and the rate at which shares of Series A Preferred Stock may be converted into shares of Common Stock, shall be subject to adjustment as provided below.

  • Common Stock Consideration has the meaning set forth in Section 1.6(b).

  • Interest Conversion Shares shall have the meaning set forth in Section 2(a).

  • Company Conversion Price means, as of any date of determination, the price which shall be the lower of (i) the applicable Conversion Price and (ii) that price computed as 90% of the arithmetic average of the Weighted Average Price of the Common Stock on each of the ten (10) consecutive Trading Days ending on the Trading Day immediately preceding the applicable Company Redemption Date (each a “Company Conversion Measuring Period”). All such determinations to be appropriately adjusted for any stock split, stock dividend, stock combination or other similar transaction that proportionately decreases or increases the Common Stock during such Company Conversion Measuring Period.

  • Series B-2 Preferred Stock means shares of the Company’s Series B-2 Preferred Stock, par value $0.001 per share.

  • New Conversion Price means the amount determined in accordance with the following formula, which shall apply from the QTE Effective Date: NCP = ECP * (VWAPAES / VWAPOS) where:

  • Series A-1 Preferred Shares means the Company’s series A-1 preferred shares, par value US$0.00001 per share.

  • Series A Conversion Rate means, as adjusted pursuant to Section 5.8(b)(vi)(E), the number of Common Units issuable upon the conversion of each Series A Preferred Unit, which shall be the quotient of (a) the sum of (i) the Series A Issue Price, plus (ii) any Series A Unpaid Distributions on the applicable Series A Preferred Unit, plus (iii) only for purposes of the definition of “Series A COC Conversion Rate,” any Series A Partial Period Distributions on the applicable Series A Preferred Unit, divided by (b) the Series A Issue Price.

  • Series C Preferred Shares means the Company’s series C preferred shares, par value US$0.00001 per share.

  • Per Share Amount has the meaning set forth in Section 2.2.1 hereof.

  • Conversion Consideration shall have the meaning specified in Section 14.12(a).

  • Interest Share Amount shall have the meaning set forth in Section 2(a).

  • Series D Preferred Shares means the Company’s series D preferred shares, par value US$0.00001 per share.

  • Per Share Stock Consideration has the meaning set forth in Section 3.01(a)(i).

  • Conversion Share means any share of Common Stock issued or issuable upon conversion of any Note.

  • Series A-2 Preferred Stock means shares of the Company’s Series A-2 Preferred Stock, par value $0.0001 per share.

  • Initial Conversion Price has the meaning specified in Section 13.01.