Series I Original Issue Price definition

Series I Original Issue Price means $10.00 per share.
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Series I Original Issue Price will mean $2.45 per share, subject to appropriate adjustment in the event of any stock dividend, stock split, combination or other similar recapitalization with respect to the Series I Preferred Stock. “Base Amount” means, as of any date, an amount equal to the sum of the Series I Original Issue Price plus the amount of all Mandatory Dividends with respect to a share of Series I Preferred Stock that have accrued but not been paid in cash. Mandatory Dividends will accrue from day to day, whether or not declared, and will be cumulative. The Corporation will not declare, pay or set aside any dividends on, or redeem or repurchase in any manner (including, without limitation, pursuant to redemption, repurchase or put rights, or an election to receive consideration in lieu of conversion), shares of any other class or series of capital stock of the Corporation, including, without limitation, on any Junior Securities (other than dividends on shares of the Company’s Common Stock, par value $.001 per share, or the Company’s Common Stock Series A, par value $.001 per share (such Common Stock and Common Stock Series A collectively referred to hereinafter as “Common Stock”) payable in shares of Common Stock), unless (in addition to the obtaining of any consents required elsewhere in the Articles of Incorporation) the holders of the Series I Preferred Stock then outstanding first receive, or simultaneously receive, a dividend on each outstanding share of Series I Preferred Stock in an amount at least equal to the amount of the aggregate Mandatory Dividends then accrued on such share of Series I Preferred Stock and not previously paid; provided, that the Corporation shall be allowed to pay the accrued but unpaid dividends as of the date of first issuance of Series I Preferred Stock on the Corporation’s Series F Convertible Preferred Stock and Series G Convertible Preferred Stock, up to an amount not to exceed $100,000, and effect the Series B Repurchase (as defined in Section 3.2(e)). “Junior Securities’” means all classes or series of the Corporation’s common stock, the Corporation’s Series A Convertible Preferred Stock, the Corporation’s Series B Convertible Preferred Stock, the Corporation’s Series C Convertible Preferred Stock, the Corporation’s Series D Convertible Preferred Stock, the Corporation’s Series E Convertible Preferred Stock, the Corporation’s Series F Convertible Preferred Stock (except to the extent otherwise provided in Sections 2.1), the Corporation’s...
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Examples of Series I Original Issue Price in a sentence

  • The aggregate number of Dividend Shares issuable in connection with the payment by the Corporation for the payment of the dividend on the Series I Preferred Stock under this paragraph as of any Dividend Payment Date shall be equal to: (1) the aggregate Accrued Dividend as of such Divided Payment Date; (2) divided by the Series I Original Issue Price.

  • Each share of Series I Preferred Stock shall have a stated value equal to the Series I Original Issue Price.

  • All dividends accruing on the Series I Preferred Stock shall be paid by the issuance of additional shares of Series I Preferred Stock (including fractional shares) in an amount equal in number to the aggregate amount of the dividend to be paid divided by the Series I Original Issue Price (“Accruing Dividend Shares”).

  • Each share of Series I Preferred Stock shall be convertible into such number of fully paid and nonassessable shares of Common Stock as is determined by dividing the Series I Original Issue Price by the Series I Conversion Price (the conversion rate for the Series I Preferred Stock into Common Stock is referred to herein as the “Series I Conversion Rate”), determined as hereafter provided, in effect on the date the certificate is surrendered for conversion.

  • Each share of Series I Preferred Stock shall be convertible, at the option of the holder thereof, at any time and from time to time, without the payment of additional consideration by the holder thereof, into such number of fully paid and nonassessable shares of Common Stock as is determined by (i) dividing the Series I Original Issue Price by the Series I Conversion Price (as defined below) in effect at the time of conversion and (ii) multiply the results by one thousand (1,000).

Related to Series I Original Issue Price

  • Series A Original Issue Price means $1.00 per share, subject to appropriate adjustment in the event of any stock dividend, stock split, combination or other similar recapitalization with respect to the Series A Preferred Stock.

  • Series B Original Issue Price means with respect to the Series B Preferred Shares, an amount per share equal to US$1.43854 (subject to appropriate adjustment in the event of any share dividend, share split, combination or other similar recapitalization affecting the outstanding Series B Preferred Shares).

  • Original Issue Price means $2.14 per share for the Series A Preferred Stock, $2.25 per share for the Series B Preferred Stock, $3.48 per share for the Series C Preferred Stock, $3.77 per share for the Series D Preferred Stock, $3.77 per share for the Series E-1 Preferred Stock, $4.5776 per share for the Series E-2 Preferred Stock, $5.3405 per share for the Series E-3 Preferred Stock, $4.5776 per share for the Series E-2A Preferred Stock and $5.8208 per share for the Series F Preferred Stock (each subject to adjustment from time to time for any Recapitalization as set forth elsewhere herein occurring after the Filing Date).

  • Series B Original Issue Date means the date on which the first share of Series B Preferred Stock was issued.

  • Series C Original Issue Date means the date on which the first share of Series C Preferred Stock was issued.

  • Series D Original Issue Date means the date on which the first share of Series D Preferred Stock was issued.

  • Series A Original Issue Date means the date on which the first share of Series A Preferred Stock was issued.

  • Initial Issue Price means the price (excluding any Preliminary Charge) per Share at which Shares are initially offered in a Fund during the Initial Offer Period as specified in the Supplement for the relevant Fund;

  • Last Original Issue Date means (A) with respect to any Notes issued pursuant to the Purchase Agreement (including any Notes issued pursuant to the exercise of the Shoe Option by the Initial Purchasers), and any Notes issued in exchange therefor or in substitution thereof, the later of (i) the Issue Date and (ii) the last date any Notes are originally issued pursuant to the exercise of the Shoe Option; and (B) with respect to any Notes issued pursuant to Section 2.03(B), and any Notes issued in exchange therefor or in substitution thereof, either (i) the later of (x) the date such Notes are originally issued and (y) the last date any Notes are originally issued as part of the same offering pursuant to the exercise of an option granted to the initial purchaser(s) of such Notes to purchase additional Notes; or (ii) such other date as is specified in an Officer’s Certificate delivered to the Trustee before the original issuance of such Notes.

  • Series A Issue Price means $32.50 per Series A Preferred Unit.

  • Original Issue Date means the date of the first issuance of any shares of the Preferred Stock regardless of the number of transfers of any particular shares of Preferred Stock and regardless of the number of certificates which may be issued to evidence such Preferred Stock.

  • Issue Price means the price at which a Unit is purchased from the Partnership, after taking into account any sales commission or underwriting discount charged to the Partnership.

  • Original Issue means an issue of Securities deposited pursuant to Section 2.1 or any Substitute Securities purchased to replace any Original Issue which have become Failed Securities.

  • Original Issue Discount Note means a Note which has a stated redemption price at the Stated Maturity Date that exceeds its Issue Price by more than a specified de minimis amount and which the Supplement indicates will be an “Original Issue Discount Note”.

  • Series Issue Date means the date of issuance of the Initial Tranche of a Series of ETP Securities, as specified in the relevant Final Terms.

  • Initial Issue Date means the date of the first issue of Units, which shall be the Business Day immediately before the Listing Date.

  • Tax Original Issue Discount means the amount of ordinary interest income on a Debenture that must be accrued as original issue discount for United States Federal income tax purposes pursuant to U.S. Treasury Regulation Section 1.1275-4.

  • Original Issuance Date means the date of the first issuance of this Debenture regardless of the number of transfers hereof.

  • Original Issue Discount Securities means any Securities that are initially sold at a discount from the principal amount thereof and that provide upon an Event of Default for declaration of an amount less than the principal amount thereof to be due and payable upon acceleration thereof.

  • Original Issue Discount Security means any Security which provides for an amount less than the principal amount thereof to be due and payable upon a declaration of acceleration of the Maturity thereof pursuant to Section 502.

  • Original Issue Discount of any Security means the difference between the Issue Price and the Principal Amount at Maturity of the Security as set forth on the face of the Security.

  • Original Issue Discount Debt Security means any Debt Security which provides for an amount less than the principal amount thereof to be due and payable upon a declaration of acceleration of the maturity thereof pursuant to Section 6.01.

  • Date of Original Issue means, with respect to any Series, the date specified as the Date of Original Issue for such Series in the Appendix for such Series.

  • Initial Issuance Date means the date the first share of Series D is issued to any Holder hereof.

  • Series B Notes is defined in Section 1.

  • Date of Original Issuance means in respect of any Commission Share, the date with reference to which the amount of the CDSC payable on redemption thereof, if any, is computed.