Examples of Series D Price in a sentence
The conversion rate in effect at any time for conversion of the Series D Preferred Stock (the "Series D Conversion Rate") shall be the quotient obtained by dividing the Series D Original Issue Price by the "Series D Price," calculated as provided in Section 4(c) below.
The number of shares of fully paid and nonassessable Common Stock into which each share of Series D Preferred Stock may be converted shall equal the Original Series D Price divided by the Series D Conversion Price (as defined below) in effect at the time of conversion (the “Series D Conversion Rate”).
All references to the Series A Price, the Series B Price, Series C Price, Series D Price and Series E Price herein shall mean the Series A Price, Series B Price, Series C Price, Series D Price and Series E Price, respectively, as so adjusted.
No further adjustment of the Series A Price, the Series B Price, the Series C Price, the Series D Price and the Series E Price, as adjusted upon the issuance of such rights, options or Convertible Securities, shall be made as a result of the actual issuance of Additional Shares of Common Stock on the exercise of any such rights or options or the conversion of any such Convertible Securities.
Initially, the Series A Price shall be the Series A Original Issue Price, the Series B Price shall be the Series B Original Issue Price, the Series C Price shall be the Series C Original Issue Price, the Series D Price shall be the Series D Original Issue Price and the Series E Price shall be the Series E Original Issue Price.
Such initial Series A Price, Series B Price, Series C Price, Series D Price and Series E Price, as the case may be, shall be adjusted from time to time in accordance with this Section 4.
The Stock Purchase Price and the number of shares purchasable upon the exercise of this Warrant shall be subject to adjustment from time to time upon the occurrence of certain events described in this Section 4, provided however, that notwithstanding the terms of this Section 4, no such adjustment shall result in a duplication of economic effect in the event of any occurrence described in this Section 4 is reflected in the Company Capitalization calculated at the time of determining the Series D Price.
Xxxx --------------------------- Its: Managing Director -------------------------- SCHEDULE OF INVESTORS Names and Addresses No. of Shares of Total Purchase Series D Price for Preferred Shares Series D Preferred Shares 1.
Subject to the terms and conditions hereof, the Company hereby agrees to issue and sell to each Purchaser, severally and not jointly, and each Purchaser agrees to purchase from the Company, severally and not jointly, the number of Shares set forth opposite such Purchaser's name on Exhibit A-I, Exhibit A-II or Exhibit A-III, as applicable, at a purchase price of $1.650286766 per share (the "Series D Price").
Each share of Series D Preferred Stock shall be convertible, at the option of the holder thereof, at any time after the date of issuance of such share, at the office of the Corporation or any transfer agent for the Series D Preferred Stock, into a number of fully paid and nonassessable shares of Class B Common Stock as is determined by dividing the Original Series D Price by the Conversion Price for the Series D Preferred Stock in effect at the time of conversion (the “Series D Conversion Rate”).