Initial Market Capitalization definition

Initial Market Capitalization means the Market Capitalization of the Company on the date immediately prior to the date hereof, after giving pro forma effect to the issuance of the Securities.

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Initial Market Capitalization means a value equal to the product of (a) the Starting Shares Outstanding multiplied by (b) the Starting Share Price.

Initial Market Capitalization shall equal the product of the number of shares of Common Stock outstanding immediately prior to such redemption and the Current Market Price Per Share of the Common Stock on the date of such redemption. The "Redemption Amount" shall equal the number of shares redeemed multiplied by the Price Per Share at which such redemption occurs. Such adjustment shall be made whenever any such redemption is made, and shall become effective on the date of such redemption.

Examples of Initial Market Capitalization in a sentence

The "Initial Market Capitalization" shall mean the product of the number of shares of Common Stock outstanding immediately prior to such price reduction and the Current Market Price Per Share of the Common Stock on the date of such price reduction.
For a period of five (5) consecutive Trading Days, the Parent’s Market Capitalization exceeds the sum of: (1) the Parent’s Initial Market Capitalization on the date of execution of this Agreement plus (2) the Closing Price Per Share multiplied by the number of shares of Parent Common Stock to be issued pursuant to Section 1.1(c)(i), Section 1.1(c)(ii)(1) and, if such calculation is being made prior to the Closing Date, this Section 1.1(c)(ii)(2).
The "Initial Market Capitalization" shall equal the product of the number of shares of Common Stock outstanding immediately prior to such redemption and the Current Market Price Per Share of the Common Stock on the date of such redemption.

More Definitions of Initial Market Capitalization

Initial Market Capitalization means the product of the number of shares of Common Stock outstanding immediately prior to such price reduction and the Current Market Price Per Share of the Common Stock on the date of such price reduction. The "Initial Proceeds" shall mean the Proceeds received and receivable by the Company prior to such price reduction in connection with such Convertible Securities. The "Reduced Proceeds" shall mean the Proceeds received and receivable by the Company after giving effect to such price reduction in connection with such Convertible Securities. In case the Company shall issue and sell Convertible Securities for a consideration consisting, in whole or in part, of property other than cash or its equivalent, then in determining the "Price Per Share" of Common Stock and the "consideration received by the Company" for purposes of this paragraph (d), an independent professional evaluator selected by the disinterested non-employee members of the Board of 9

Initial Market Capitalization means the number of shares of Parent Common Stock outstanding on the date of this Agreement multiplied by the Closing Price Per Share (as defined herein).