Qualifying Price definition

Qualifying Price means one hundred and fifty percent (150%) of the Stock Exchange Uplist Price.
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Qualifying Price means, with respect to any registered public offering by the Company of its Common Stock, a per share sales price to the public which results in the value of the Common Stock into which each share of Class C Convertible Preferred Stock is convertible (as appropriately adjusted for stock splits, stock dividends and the like) which equals or exceeds $1,035 per share plus appreciation at a rate equal to at least 15% per annum compounded annually determined on a daily basis from August 15, 1998 through the earlier of (x) the date of the closing of such underwritten public offering (if such closing is after August 15, 1998) or (y) August 15, 2002.
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Qualifying Price shall have the meaning set forth in the Certificate of Incorporation and shall initially mean $670.00 together with a rate of appreciation equal to at least 15% per annum compounded annually through November 7, 2000 (determined on a daily basis); provided, however, that any per share sale price equal to or in excess of $1,347.60 (as appropriately adjusted for stock splits, stock dividends and the like) shall be deemed a Qualifying Price.
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Examples of Qualifying Price in a sentence

  • The Company shall comply with the following covenants until such time as (i) the Investors own less than, in the aggregate, 10% of the Class B Preferred Stock issued at the Closing (or Conversion Shares issued or issuable upon the conversion thereof), (ii) a Qualified Public Offering occurs, or (iii) a Qualified Public Float exists at the Average Qualifying Price.

  • In the event the Exercise Price is adjusted pursuant to Subsection (D) of Section 8 hereof, the Qualifying Price shall be subject to adjustment by the same percentage change as the percentage change in the Exercise Price.

  • In the event the Exercise Price is adjusted pursuant this Warrant, the Qualifying Price shall be subject to adjustment by the same percentage change as the percentage change in the Exercise Price.

  • For purposes of this Agreement, the terms "Qualified Public Offering," "Qualifying Price," "Escrow Agreement" and "Escrow Fee" each has the meaning provided in the Preferred Stock and Warrant Purchase Agreement.

  • The Form S-1 shall have become effective under the Securities Act and shall not be the subject of any stop order and the IPO Closing shall have occurred and satisfied the IPO Qualifying Price (the “IPO Condition”).


More Definitions of Qualifying Price

Qualifying Price. Escrow Agreement" and "Escrow Fee" each has the meaning provided in the Preferred Stock and Warrant Purchase Agreement.
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Related to Qualifying Price

  • Ending Price means, with respect to the Company and any other Comparison Group member, the average of the closing market prices of such company’s common stock on the principal exchange on which such stock is traded for the twenty (20) consecutive trading days ending on the last trading day of the Performance Period. For the purpose of determining Ending Price, the value of dividends and other distributions shall be determined by treating them as reinvested in additional shares of stock at the closing market price on the date of distribution.

  • Offering Price has the meaning given to it in the first paragraph of this Agreement;

  • Closing Price means, in respect of any class of Limited Partner Interests, as of the date of determination, the last sale price on such day, regular way, or in case no such sale takes place on such day, the average of the closing bid and asked prices on such day, regular way, in either case as reported in the principal consolidated transaction reporting system with respect to securities listed or admitted to trading on the principal National Securities Exchange on which the respective Limited Partner Interests are listed or admitted to trading or, if such Limited Partner Interests are not listed or admitted to trading on any National Securities Exchange, the last quoted price on such day or, if not so quoted, the average of the high bid and low asked prices on such day in the over-the-counter market, as reported by the primary reporting system then in use in relation to such Limited Partner Interests of such class, or, if on any such day such Limited Partner Interests of such class are not quoted by any such organization, the average of the closing bid and asked prices on such day as furnished by a professional market maker making a market in such Limited Partner Interests of such class selected by the General Partner, or if on any such day no market maker is making a market in such Limited Partner Interests of such class, the fair value of such Limited Partner Interests on such day as determined by the General Partner.

  • Beginning Price means, with respect to the Company and any other Comparison Group member, the average of the closing market prices of such company’s common stock on the principal exchange on which such stock is traded for the twenty (20) consecutive trading days beginning with the first trading day of the Performance Period. For the purpose of determining Beginning Price, the value of dividends and other distributions shall be determined by treating them as reinvested in additional shares of stock at the closing market price on the date of distribution.

  • Average Wholesale Price or “AWP” means the benchmark price established by a nationally available reporting service as selected by SOUTHERN SCRIPTS based on the 11-digit National Drug Code (“NDC”) of the Covered Medication dispensed by PHARMACY.