Minimum Offering Price definition

Minimum Offering Price means $10.00 per share of Common Stock, adjusted to take into account any stock split, stock dividend, combination or similar recapitalization affecting the Common Stock following the date hereof.
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Minimum Offering Price shall have the meaning set forth in Section 2.1(a) hereof.
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Minimum Offering Price shall be set by the Company in its sole discretion in each Capital Demand Notice and such Minimum Offering Price may be different in each Capital Demand Notice; PROVIDED, HOWEVER, that the Minimum Offering Price may not be less than the minimum bid price necessary for initial listing on the Principal Market.
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Examples of Minimum Offering Price in a sentence

  • The Minimum Offering Price shall have been delivered to the escrow agent.

  • At any time and from time to time after January 1, 1999, Holders of the lesser of (i) at least 25% of the Registrable Securities or (ii) Registrable Securities having a minimum anticipated aggregate offering price of $7,500,000 (the "Minimum Offering Price") may make written requests on the Company for the registration of the Registrable Securities under the Securities Act, such requests hereinafter referred to as a Demand Registration ("Demand Registration").

  • The Capital Demand Notice must specify both the Capital Demand Amount and the Minimum Offering Price.

  • The exercise of this Warrant pursuant to the IPO Exercise Notice delivered pursuant to this provision may, at the election of the Holder, be conditioned on the consummation of such IPO with a price per share at or above the Minimum Offering Price.

  • In the event the Holder delivers an IPO Exercise Notice or M&A Exercise Notice which by its terms is contingent upon the closing of the IPO (with or without a stated Minimum Offering Price) or M&A Transaction to which it relates, then payment of the Exercise Price related to such Exercise Notice shall be made by the Holder on or before the closing of such IPO or M&A Transaction.

  • The Company shall reserve, prior to the --------------------------- commencement of any Capital Raising Period, such number of shares of Common Stock, free of preemptive rights, equal to (i) the quotient of the Capital Demand Amount divided by the Minimum Offering Price.

  • The Company shall reserve, prior to the commencement of any Capital Raising Period, such number of shares of Common Stock, free of preemptive rights (except as may be described on Schedule 5.2), equal to (i) the quotient of the Capital Demand Amount divided by the Minimum Offering Price plus (ii) the maximum number of shares issuable upon full exercise of the Warrant Agreement.

  • The Registered Holder understands and agrees that this Election Notice, once delivered to the Company, is irrevocable and binding and shall not be amended without the prior written consent of the Company, and that the Registered Holder is hereby obligated to make payment of the Exercise Price on or before the closing of such IPO at or above the Minimum Offering Price.


More Definitions of Minimum Offering Price

Minimum Offering Price is defined in Section 2(a) of this Warrant.
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Related to Minimum Offering Price

  • Offering Price has the meaning given to it in the first paragraph of this Agreement;

  • Public Offering Price means the price per Share of the Fund at which NLD or selected dealers or selected agents may sell Shares to the public or to those persons eligible to invest in Shares as described in the Prospectus of the Funds, determined in accordance with such Prospectus under the Securities Act relating to such Shares.

  • Minimum Offering means the number Shares so designated on Exhibit A hereto.

  • Minimum Offering Notice means a written notification, signed by Broker, pursuant to which the Broker shall represent (1) that subscriptions for the Minimum Offering have been received, (2) that, to the best of Broker’s knowledge after due inquiry and review of its records, Cash Investment Instruments in full payment for that number of Shares equal to or greater than the Minimum Offering have been received, deposited with and collected by NCPS, (3) and that such subscriptions have not been withdrawn, rejected or otherwise terminated, and (4) that the Subscribers have no statutory or regulatory rights of rescission without cause or all such rights have expired.

  • Initial Public Offering Price The Underwritten Certificates will be offered to the public in negotiated transactions or otherwise at varying prices to be determined at the time of sale.