Effective Purchase Price definition

Effective Purchase Price means, with respect to any Investor as of any given date, the sum of (x) such Investor’s original Purchase Price (as defined in the Securities Purchase Agreement) and (y) the sum of each aggregate exercise price of each exercise of the Series B Warrants of such Investor on or prior to such given date.

Effective Purchase Price means the effective price per Token depicted on the Investor’s Dashboard at the time of the execution of this Rolling SAFE on the Site, which price reflects the effective average price per Token as determined by the linear function used by the Tokens Smart Contract further described on the Site.

Effective Purchase Price means the effective average price per Rolling SAFE Token purchased hereunder at the time of confirmation of receipt of the Token Payment by the Company, which price reflects the average price per Rolling SAFE Token as determined by the linear function used by the Tokens smart contract further described on the Site.

Examples of Effective Purchase Price in a sentence

• As consideration for the Investor paying the Purchase Amount and executing this Rolling SAFE on the Site, the Company shall issue to Investor a number of Rolling SAFE Tokens equal to the Purchase Amount divided by the Effective Purchase Price.

• The Company shall similarly issue to the other Rolling SAFE Investors who tender a purchase price in subsequent transactions a number of Rolling SAFE Tokens determined by dividing the purchase amounts under their respective Rolling SAFEs by the Effective Purchase Price reflected on such Rolling SAFE Investor’s Dashboard at the time of their purchase, generally as set forth herein.

• The Company shall similarly issue to future Rolling SAFE Investors a number of Tokens determined by dividing the purchase amounts under their respective Rolling SAFEs by the Effective Purchase Price.

• The Company shall similarly issue to the other CAFE Investors a number of Tokens determined by dividing the purchase amounts under their respective CAFEs by the Effective Purchase Price.

• If the Effective Purchase Price in effect as of the Token Payment Confirmation Date exceeds the Maximum Effective Purchase Price or the Company otherwise refuses to process the order in its sole discretion, the Company shall notify the Investor within seven (7) business days of the Token Payment Confirmation Date, and Investor shall be entitled to withdraw their funds from the Site or receive a refund of amounts paid.

More Definitions of Effective Purchase Price

Effective Purchase Price means for each Purchaser, the amount of Common Shares issued to such Purchaser pursuant to the Purchase Agreement multiplied by the Per Security Purchase Price.

Effective Purchase Price means the effective price per PALATE CAFE Token depicted on the Investor’s Dashboard at the time of the execution of this CAFE on the Site, which price reflects the effective average price per PALATE CAFE Token as determined by the linear function used by the Tokens smart contract further described on the Site.

Effective Purchase Price means, as of the time any liability pursuant to this Section XI is determined and required to be satisfied, the sum of (i) $50,000,000 (constituting the sum of the Initial Cash Purchase Price and the aggregate Fair Market Value of the Initial Shares), as such amount shall have been adjusted pursuant to Section 2.5, (ii) the value of the Assumed Liabilities as of the Closing Date, (iii) the amount of cash theretofore paid to or for the account of Sellers pursuant to Section 2.6 and (iv) the aggregate Fair Market Value as of the applicable Value Date of any Earnout Shares theretofore issued to or for the account of Sellers pursuant to Section 2.6.

Effective Purchase Price means the effective price per GLOZAL CAFE Token depicted on the Investor’s Dashboard at the time of the execution of this CAFE on the Site, which price reflects the effective average price per GLOZAL CAFE Token as determined by the linear function used by the Tokens smart contract further described on the Site.

Effective Purchase Price means the net consideration provided to the Company’s shareholders to effect the Change of Control, including cash and the fair market value of stock or other securities paid, after giving effect to all applicable transaction expenses, including, but not limited to, legal fees, financial advisor fees, payments made to the Company’s employees and creditors, if applicable.

Effective Purchase Price means, with respect to each Series of Designated Stock, the Purchase Price for such Series of Designated Stock, subject to adjustment as set forth in paragraph 6.3.7(d).

Effective Purchase Price means, at any time, the sum of (i) $13,000,000 (constituting the sum of the Initial Cash Purchase Price and the aggregate Fair Market [***] Confidential treatment requested. Omitted portions have been filed separately with the Securities and Exchange Commission. Value as of the Closing Date of the Initial Shares), as such amount shall have been adjusted pursuant to Section 2.5, (ii) the Assumed Liabilities accrued as of the Closing Date, (iii) the amount of cash theretofore paid pursuant to Section 2.6 and (iv) the aggregate Fair Market Value as of the applicable Value Date of any Earnout Shares theretofore issued pursuant to Section 2.6. For so long as any Escrowed Property (as defined in the Escrow Agreement) continues to be held pursuant to the Escrow Agreement, prior to seeking recourse in a direct action against a Seller Indemnitor with respect to indemnifiable Losses, Purchaser shall seek recourse pursuant to the Escrow Agreement with respect to such Losses, provided that the Purchaser shall not be obligated to seek recourse pursuant to the Escrow Agreement to the extent any such Losses exceed the difference between (x) the amount of the Escrowed Property (valuing non-cash Escrowed Property in accordance with Section 2(j) of the Escrow Agreement) and (y) the Losses or estimated Losses with respect to which claims are then pending pursuant to the Escrow Agreement.