Examples of Borrower Common Stock in a sentence

The “Special Default Payment” shall be an amount of cash equal to (i) the number of Conversion Shares, multiplied by (ii) the Borrower Common Stock VWAP as of the date of such written notice to Borrower declaring default under this Note pursuant to this Section 4.3.
For the avoidance of doubt, all of the shares of Borrower Common Stock issued or issuable upon conversion of the Purchaser’s Note shall not be subject to any lock-up or other prohibitions on transfer other than such transfer restrictions imposed by applicable law (and not by any contract).
Whenever the number of shares of Borrower Common Stock or other stock or property issuable upon the conversion of this Note is adjusted, as herein provided, Maker shall promptly notify Holder of such adjustment or adjustments.
Borrower shall not be required to issue a fraction of a share or scrip representing fractional shares of Borrower Common Stock upon conversion of this Note.
Contemporaneously with the execution and delivery of this Agreement, the Purchaser is delivering the Conversion Notice to Borrower pursuant to which the Purchaser is converting the Conversion Amount into Borrower Common Stock.

More Definitions of Borrower Common Stock

Borrower Common Stock means shares of common stock of the Borrower, par value $0.001 per share.

Borrower Common Stock means the approximately 94.8 million shares of common stock, par value of $1.50 per share, of Borrower currently outstanding.

Borrower Common Stock shall have the meaning provided in Section 5.20.

Borrower Common Stock means the common Capital Stock of the Borrower.

Borrower Common Stock is defined in the Recitals.

Borrower Common Stock shall be as described in Schedule 6.16.