Effective Consideration definition
Examples of Effective Consideration in a sentence
For the purpose of this sub-paragraph (g) “total Effective Consideration” shall be the aggregate consideration credited as being paid for such Shares by the Issuer on acquisition of the relevant asset without any deduction of any commissions, discounts or expenses paid, allowed or incurred in connection with the issue thereof, and the “total Effective Consideration per Share” shall be the total Effective Consideration divided by the number of Shares issued as aforesaid.
If the Company issues any Equity Securities (other than Ordinary Shares), and the Effective Consideration per Share receivable for such Equity Securities is less than the Conversion Price in force, the Conversion Price will be adjusted to equal that lower Effective Consideration per Share.
For purposes of this Section 13.9, the economic terms of a sublease or assignment shall be not be deemed to have been materially modified if the sublease or assignment is for a Net Effective Consideration of not less than ninety-five percent (95%) of the Net Effective Consideration of the proposed sublease or assignment to which Landlord consented.
Where the consideration receivable or the number of shares is subject to adjustment for future events such consideration and number of shares is to be determined as if conversion, exchange or exercise occurred at the time of the calculation and on the basis of the facts and circumstances then existing including facts and circumstances occurring in connection with the events in respect of which the Effective Consideration is being calculated.