Redemption Conversion Price. Subject to the adjustments set forth herein, the conversion price for each Redemption Conversion (as defined below) (the “Redemption Conversion Price”) shall be the lesser of (a) the Lender Conversion Price, and (b) the Market Price.
Appears in 10 contracts
Samples: Security Agreement (Growlife, Inc.), Security Agreement (Growlife, Inc.), Security Agreement (Growlife, Inc.)
Redemption Conversion Price. Subject to the adjustments set forth herein, the conversion price for each Redemption Conversion (as defined below) (the “Redemption Conversion Price”) shall be the lesser of (a) the Lender Conversion Price, and (b) the Market Price.
Appears in 8 contracts
Samples: Securities Purchase Agreement (The9 LTD), Securities Purchase Agreement (The9 LTD), Securities Purchase Agreement (SPI Energy Co., Ltd.)
Redemption Conversion Price. Subject to the adjustments set forth herein, the conversion price for each Redemption Conversion (as defined below) (the “Redemption Conversion Price”) shall be the lesser of (a) the Lender Conversion Price, and (b) the Market Price; provided, however, in no event shall the Redemption Conversion Price be less than $2.00 per share (“Conversion Price Floor”).
Appears in 1 contract
Samples: Securities Purchase Agreement (Sharing Economy International Inc.)
