Series A-1 Merger Consideration definition

Series A-1 Merger Consideration means an amount equal to the Per Share Series A-1 Merger Consideration multiplied by the aggregate number of shares of Series A-1 Preferred Stock outstanding as of immediately prior to the Effective Time.

Series A-1 Merger Consideration means (a) the product of the fraction determined by dividing (i) the Series A-1 Liquidation Preference Amount, by (ii) the sum of the Series A Liquidation Preference Amount and the Series A-1 Liquidation Preference Amount, by (b) the Merger Consideration.

Series A-1 Merger Consideration means $1,000,578.40.

Examples of Series A-1 Merger Consideration in a sentence

• For the avoidance of doubt, in no event shall the sum of the aggregate amount of the Per Share Series A Merger Consideration, the Per Share Series A-1 Merger Consideration, the Per Share Series A-2 Merger Consideration, the Per Share Series B Merger Consideration and the Per Share Common Stock Consideration exceed the Aggregate Merger Consideration.

• At the Effective Time, each share of Series A-1 Preferred issued and outstanding immediately prior to the Effective Time (other than Dissenting Shares and shares owned by the Company) shall be automatically converted into the right to receive, subject to and in accordance with Section 2.8(a), an amount of cash (without interest) equal to the Per Share Series A-1 Merger Consideration.

• Notwithstanding anything to the contrary in this ARTICLE IX for claims based on fraud or willful misconduct by the Company, the sole remedy of Indemnified Persons shall be against the recipient of Series A-l Merger Consideration in an amount not to exceed the Series A-1 Merger Consideration.

More Definitions of Series A-1 Merger Consideration

Series A-1 Merger Consideration shall have the meaning set forth in Section 2.2(f)(i)(2).