Share Purchase Price definition
Examples of Share Purchase Price in a sentence
On the Closing Date, upon the terms and subject to the conditions set forth herein, the Company agrees to sell, and the Purchaser agrees to purchase, up to an aggregate of _____ shares of Common Stock of the Company at Per Share Purchase Price for a total of $______.
Company further agrees to add additional Ordinary Shares to the Share Reserve in increments of 100,000 shares as and when requested by Investor if as of the date of any such request the number of shares being held in the Share Reserve is less than three (3) times the number of Ordinary Shares equal to the Pre-Paid Purchase Outstanding Balance divided by the Purchase Share Purchase Price (as defined in the Pre-Paid Purchases).
If Company, at any time while this Pre-Paid Purchase is outstanding, subdivides its outstanding Class A Shares into a greater number of shares, or combines its outstanding Class A Shares into a smaller number of shares, or effects any share dividend, recapitalization or other similar transaction, then the Floor Price and all share and price references used in calculating the Purchase Share Purchase Price shall be proportionately adjusted to reflect such event.
Subject to the terms and conditions set forth herein, at the Closing, the Company agrees to sell, and each Purchaser, severally and not jointly, agrees to purchase, such number of Shares set forth opposite such Purchaser’s name on Annex A hereto at the Per Share Purchase Price.
Company shall at all times during the Commitment Period reserve and keep available out of its authorized and unissued Class A Shares such number of Class A Shares as may be reasonably necessary to permit the issuance of all Purchase Shares issuable pursuant to the Transaction Documents, based on the then-current Outstanding Balance of all Pre-Paid Purchases and the applicable Purchase Share Purchase Price.