Option Series definition
Examples of Option Series in a sentence
Subject to the payment of the aggregate Option Purchase Price in accordance with this Agreement, the Option Series A Preferred Stock so issued will be fully paid for by the Purchaser as of such Option Closing Date.
The terms and conditions of each Converted Series B Option, Series C Option and Spin-Off Company Series B Option, including vesting conditions (which will not be accelerated by the Transactions) and the scheduled expiration date, will otherwise remain as set forth in the Series B Option converted into such Converted Series B Option, Series C Option and Spin-Off Company Series B Option.
The purchase price to be paid per Option Share and accompanying Option Series 2023 Warrant shall be equal to the price per Firm Share and accompanying Firm Series 2023 Warrant set forth in Section 4(a) hereof.
The exercise price of such Converted Series B Option, Series C Option and Spin-Off Company Series B Option will be equal to the applicable VWAP for the series of common stock subject to such option, multiplied by a fraction, the numerator of which is the exercise price of the Series B Option and the denominator of which is the VWAP for the DHC Series B Common Stock.
The purchase price to be paid per Option Pre-Funded Warrant and accompanying Option Series 2023 Warrant shall be equal to the price per Firm Pre-Funded Warrant and accompanying Firm Series 2023 Warrant set forth in Section 4(a) hereof.