Restricted New Issue

Example Definitions of "Restricted New Issue"
Restricted New Issue. Shall mean any issuance of New Securities after the date hereof at a price of less than $16.15 per share of Common Stock, or if the New Securities are those referred to in clause (ii) or (iii) of the definition of "New Securities", at a price that is less than the equivalent of $16.15 per share of Common Stock, as such prices may be adjusted from time to time in the good faith judgment of the Board of Directors of the Company to reflect any stock split, reverse stock split, stock dividend,... merger, recapitalization, or other similar event. The price of any New Security referred to in clause (ii) or (iii) of the definition of "New Securities" shall be deemed to be the price paid for such security plus the exercise, conversion or exchange price payable in order to exercise, convert or exchange such security for Common Stock. View More Arrow
All Definitions