Conversion Price definition

Conversion Price shall have the meaning set forth in Section 4(b).

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Conversion Price means as of any time, $1,000, divided by the Conversion Rate as of such time.

Conversion Price shall have the meaning ascribed to such term in the Certificate of Designation.

Examples of Conversion Price in a sentence

• Convertible Note in the amount of $250,000 dated as of the Closing Date in favor of ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ convertible in shares of Acquiror Common Stock at a Conversion Price of $.04 per share.

• Without the Company’s prior written consent, no Purchaser may shall sell Conversion Shares representing more than twenty percent (20%) of the Company’s total trading volume on any single Trading Day at any time when the Company’s common stock is trading at a price on the Trading Market below the Fixed Conversion Price, as that term is defined in the Certificate of Designations.

• Convertible Note in the amount of $280,000 dated as of the Closing Date in favor of ▇▇▇▇▇ ▇▇▇▇▇▇▇ convertible in shares of Acquiror Common Stock at a Conversion Price of $.04 per share.

• Company further agrees to add additional Common Shares to the Share Reserve in increments of 300,000 shares as and when requested by Investor if as of the date of any such request the number of shares being held in the Share Reserve is less than three (3) times the number of Common Shares obtained by dividing the Outstanding Balance as of the date of the request by the Conversion Price (as defined in the Note).

More Definitions of Conversion Price

Conversion Price means, as of any time, an amount equal to (A) one thousand dollars ($1,000) divided by (B) the Conversion Rate in effect at such time.

Conversion Price shall have the meaning ascribed to such term in the Notes.

Conversion Price shall have the meaning ascribed to such term in the Debentures.

Conversion Price means, as of any Conversion Date or other date of determination, $[ ]1, subject to adjustment as provided herein.

Conversion Price means as of any time, $1,000, divided by the Conversion Rate as of such time. “Conversion Rate” shall have the meaning specified in Section 14.01(a).

Conversion Price means, as of any Conversion Date (as defined below) or other date of determination, $0.20, subject to adjustment as provided herein.

Conversion Price means, with respect to each Preferred Share, as of any Conversion Date or other date of determination, $0.02, subject to adjustment as provided herein.