Conversion Price and Adjustments to Conversion Price. (i) The conversion price (the "Conversion Price") in effect on any Conversion Date shall be equal to ninety percent (90%) of the lowest Closing Bid Price of the Common Stock during the thirty (30) days trading days immediately preceding the Conversion Date, as quoted by Bloomberg, LP.
Appears in 4 contracts
Samples: Security Agreement (Ivoice, Inc /De), Security Agreement (Trey Resources Inc), Ivoice, Inc /De
Conversion Price and Adjustments to Conversion Price. (i) The conversion price (the "Conversion Price") in effect on any Conversion Date shall be equal to ninety percent (90%) of the lowest Closing Bid Price of the Common Stock during the thirty (30) days trading days immediately preceding the Conversion Date, as quoted by Bloomberg, LP.
Appears in 1 contract
Samples: Security Agreement (Mm2 Group, Inc.)
Conversion Price and Adjustments to Conversion Price. (i) The conversion price (the "Conversion Price") in effect on any Conversion Date shall be equal to ninety eighty percent (9080%) of the lowest Closing closing Bid Price of the Common Stock during the thirty five (305) days trading days immediately preceding the Conversion Date, Date as quoted by Bloomberg, LPLP (the "Market Conversion Price"). The Fixed Conversion Price and the Market Conversion Price are collectively referred to as the "Conversion Price." The Conversion Price may be adjusted pursuant to the other terms of this Debenture.
Appears in 1 contract
Samples: SpeechSwitch, Inc.
Conversion Price and Adjustments to Conversion Price. (i) The conversion price (the "βConversion Price"β) in effect on any Conversion Date shall be equal to ninety percent (90%) of the lowest Closing Bid Price of the Common Stock during for the thirty (30) days trading days immediately preceding the Conversion Date, as quoted by Bloomberg, LPwhich Conversion Price may be adjusted pursuant to the other terms of this Debenture.
Appears in 1 contract
Conversion Price and Adjustments to Conversion Price. (i) The conversion price (the "Conversion Price") in effect on any Conversion Date shall be equal to ninety eighty percent (9080%) of the lowest Closing closing Bid Price of the Common Stock during the thirty five (305) days trading days immediately preceding the Conversion Date, Date as quoted by Bloomberg, LPLP (the "Market Conversion Price or Conversion Price"). The Conversion Price may be adjusted pursuant to the other terms of this Debenture.
Appears in 1 contract
Samples: iVoice Technology, Inc.
