Threshold Price. During the Draw Down Pricing Period through the Settlement Date, the Common Stock shall have a price of at least $0.10 per share as quoted on the relevant Trading Market.
Threshold Price. For each Trading Day during a Draw Down Pricing Period that the Draw Down Discount Price is less than the Threshold Price, no Shares shall be purchased or sold in respect of such Trading Day and the total amount of the Draw Down Amount in respect of such Draw Down Pricing Period shall be reduced by one fifteenth (1/15th). If trading in the Company’s Common Stock is suspended for any reason for more than three (3) consecutive or non-consecutive hours during any Trading Day during a Draw Down Pricing Period, the Draw Down Discount Price shall be deemed to be less than the Threshold Price for that Trading Day.
Threshold Price. The Purchase Price for the applicable Draw Down shall be equal to or greater than the Threshold Price.
Threshold Price. The VWAP for the applicable Draw Down shall be equal to or greater than the Threshold Price.
Threshold Price. The definition of "Threshold Price" in the Existing SPA is hereby replaced in its entirety with the following:
Threshold Price. 6 Section 3.10. Other Issuances...........................................6 Section 3.11. Failure to Deliver Shares.................................6
Threshold Price. For each Trading Day during a Draw Down Pricing Period that the Draw Down Discount Price is less than the Threshold Price, no Shares shall be purchased or sold in respect of such Trading Day, the total amount of the Draw Down Amount in respect of such Draw Down Pricing Period shall be reduced by one fifteenth (1/15th) and the amount of the Draw Down Amount not so purchased or sold shall continue to be available in future Draw Downs and as part of the Maximum Commitment Amount. If trading in the Common Stock is suspended for any reason for more than three (3) consecutive or non-consecutive hours during any Trading Day during a Draw Down Pricing Period, the Draw Down Discount Price shall be deemed to be less than the Threshold Price for that Trading Day.
Threshold Price. For each Trading Day during a Draw Down Pricing Period that the Draw Down Discount Price is less than the Threshold Price, no Shares shall be purchased or sold on such Trading Day and the total amount of the Draw Down Amount in respect of such Draw Down Pricing Period shall be reduced by one fifteenth (1/15th); PROVIDED, HOWEVER, that the Investor may elect prior to each respective Settlement Date during such Draw Down Pricing Period, in its sole discretion, to either (i) purchase Shares in respect of any such Trading Day at a price equal to the Threshold Price or (ii) extend such Draw Down Pricing Period for the number of Trading Days during such Draw Down Pricing Period that the Draw Down Discount Price was less than the Threshold Price. At no time shall the Threshold Price be set below $2.00 unless agreed upon by the Company and the Investor. If trading in the Company's Common Stock is suspended for any reason for more than three (3) consecutive or non-consecutive hours during any Trading Day during a Draw Down Pricing Period, the Investor may elect in its sole discretion, to either (i) deem the Draw Down Discount Price to be less than the Threshold Price for that Trading Day or (ii) extend such Draw Down Pricing Period for an additional Trading Day in respect of such Trading Day.
Threshold Price. The Company and the Investor shall not effect any sales and purchases designated by the Company in its Put Notice under this Agreement on any Closing Date where the Purchase Price for any purchases of Purchase Shares would be less than the Threshold Price. In the event that during the time between the Put Notice Date and the Closing Date, the closing bid price of the common stock of the Company on a Trading Day is below the Threshold Price set forth in the Put Notice, then for each such Trading Day the parties shall be under no obligation to purchase and sell one-fifth (1/5) of the Draw Down Amount specified in the Put Notice, and the Draw Down Amount shall be accordingly reduced by such amount.
Threshold Price. For each Trading Day during a Draw Down Pricing Period that the Draw Down Discount Price is less than the Threshold Price, no Shares shall be purchased or sold on such Trading Day and the total amount of the Draw Down Amount in respect of such Draw Down Pricing Period shall be reduced by one fifteenth (1/15th), provided, however, that the Purchaser may elect at the end of such Draw Down Pricing Period, in its sole discretion, to purchase Shares in respect of any such Trading Day at a price equal to the Threshold Price. At no time shall the Threshold Price be set below $3.00 unless agreed upon by the Company and the Purchaser. If trading in the Company's Common Stock is suspended for any reason for more than three (3) hours in any Trading Day, at the Purchaser's option, the price of the Common Stock shall be deemed to be below the Threshold Price for that Trading Day.
