Series A-2 Redemption Price definition

Series A-2 Redemption Price has the meaning set forth in Section 9.1(i) hereof.
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Series A-2 Redemption Price means, as of any date of determination, with respect to each share of Series A-2 Preferred Stock, the quotient of (x) the greatest of (A) the Fair Market Value of the Company, (B) the Threshold TCF, and (C) 200% of the Invested Capital, divided by (y) the number of shares of Common Stock on a Fully Diluted Basis as of the close of business on the last day of the last fiscal quarter then ended immediately preceding such date; provided, however, in the case of a Liquidation Event, the Fair Market Value of the Company shall be calculated as of, and giving effect to, such Liquidation Event; provided, further, however, in the case of a Disposition Notice, the Fair Market Value of the Company and Threshold TCF shall be calculated as of the date of such Disposition Notice.
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Examples of Series A-2 Redemption Price in a sentence

  • If the Company delivers a Disposition Notice, then it shall use its commercially reasonable efforts to solicit one or more buyers of the Series A-2 Preferred Stock subject to the Optional A-2 Redemption Notice during the Disposition Period, provided, that, no such solicitation shall be for a price less than 92.5% of the Series A-2 Redemption Price; provided, further, that, all such sales shall occur either through block trades or registered secondary offerings.

  • On the Optional A-2 Redemption Date, the Company shall redeem all outstanding shares of Series A-2 Preferred Stock specified in the Optional A-2 Redemption Notice(s) and the Company shall simultaneously deliver to each such Series A-2 Investor who has then delivered an Optional A-2 Redemption Notice the aggregate Series A-2 Redemption Price for each share of Series A-2 Preferred Stock subject to such Optional A-2 Redemption Notice (the “Optional A-2 Redemption Payment”).

  • The Corporation shall deliver on the fifth (5th) Business Day after the Corporation's receipt of the first Notice of Redemption at Option of Series A2 Holder the applicable Series A2 Redemption Price to all holders that deliver a Notice of Redemption at Option of Series A2 Holder prior to the fifth (5th) Business Day after the Corporation's receipt of the first Notice of Redemption at Option of Series A2 Holder.

  • The Series A-1 Redemption Price, the Series A-2 Redemption Price, the Series B-1 Redemption Price and the Series B-2 Redemption Price are sometimes interchangeably or collectively referred herein as the “ Redemption Price”.

Related to Series A-2 Redemption Price

  • Series A Redemption Price has the meaning set forth in Section 16.6(a).

  • Series A Redemption Date has the meaning set forth in Section 16.6.

  • Note Redemption Price means, for the Redemption Date, an amount equal to the sum of:

  • Special Redemption Price has the meaning set forth in paragraph 4(a) of Annex I.

  • Optional Redemption Price shall have the meaning set forth in Section 3.2.

  • Triggering Redemption Amount means, for each share of Preferred Stock, the sum of (a) the greater of (i) 130% of the Stated Value and (ii) the product of (y) the VWAP on the Trading Day immediately preceding the date of the Triggering Event and (z) the Stated Value divided by the then Conversion Price, (b) all accrued but unpaid dividends thereon and (c) all liquidated damages and other costs, expenses or amounts due in respect of the Preferred Stock.

  • Indenture Redemption Price has the meaning specified in Section 4.2(c).

  • Series A Redemption Notice has the meaning set forth in Section 16.6(b).

  • Make-Whole Redemption Price means the sum of the outstanding principal amount of the Notes to be redeemed plus the Make-Whole Amount of such Notes. Calculation or verification of the calculation of the Make-Whole Redemption Price is not the responsibility of the Trustee and the Trustee may conclusively rely on an Officers’ Certificate with respect thereto without investigation.

  • Optional Redemption Amount means the sum of (a) 120% of the then outstanding principal amount of the Debenture, (b) accrued but unpaid interest and (c) all liquidated damages and other amounts due in respect of the Debenture.

  • Monthly Redemption Amount means, as to a Monthly Redemption, $______, plus accrued but unpaid interest, liquidated damages and any other amounts then owing to the Holder in respect of this Debenture.

  • Early Redemption Amount means in respect of each Note in circumstances where such Notes are redeemed early pursuant to Conditions 7(b) or (c), the outstanding principal amount of each Note, unless otherwise specified in the Final Terms or Series Offering Document, as applicable;

  • Final Redemption Amount means, in respect of any Note, its principal amount or such other amount as may be specified in, or determined in accordance with, the relevant Final Terms;

  • Maximum Redemption Amount has the meaning specified in the applicable Final Terms;

  • Minimum Redemption Amount has the meaning specified in the applicable Final Terms;

  • Mandatory Redemption Price means $25,000 per share of AMPS plus an amount equal to accumulated but unpaid dividends (whether or not earned or declared) to the date fixed for redemption and excluding Additional Dividends.

  • Special Event Redemption Price has the meaning specified in Section 11.2.

  • Make-Whole Redemption Amount means the sum of:

  • Term Redemption Date means, with respect to any Series, the date specified as the Term Redemption Date in the Appendix for such Series.

  • Series A Conversion Price shall initially be equal to $0.71. Such initial Series A Conversion Price, and the rate at which shares of Series A Preferred Stock may be converted into shares of Common Stock, shall be subject to adjustment as provided below.