Conversion Share Value definition

Conversion Share Value means the product of the number of Conversion Shares deliverable pursuant to any Conversion multiplied by the Closing Trade Price of the Common Stock on the Delivery Date for such Conversion.
Conversion Share Value means the product of the number of Lender Conversion Shares deliverable pursuant to any Lender Conversion Notice multiplied by the Closing Trade Price of the Ordinary Shares on the Delivery Date for such Lender Conversion.
Conversion Share Value means, at any given time for any Investor, an amount equal to the Offer Price multiplied by the number of Conversion Shares then held by such Investor.

Examples of Conversion Share Value in a sentence

  • If the Lender Conversion Shares are delivered to Lender one hundred (100) days after the applicable Delivery Date, the total Conversion Delay Late Fees that would be added to the Outstanding Balance would be $40,000.00 (100 days multiplied by $500.00 per day, but capped at 200% of the Lender Conversion Share Value).

  • If the Conversion Shares are delivered to Lender one hundred (100) days after the applicable Delivery Date, the total Conversion Delay Late Fees that would be added to the Outstanding Balance would be $40,000.00 (100 days multiplied by $500.00 per day, but capped at 200% of the Conversion Share Value).

  • If the Lender Conversion Shares are delivered to Lender one hundred (100) days after the applicable Delivery Date, the total Conversion Delay Late Fees that would be added to the Outstanding Balance would be $20,000.00 (100 days multiplied by $500.00 per day, but capped at 100% of the Lender Conversion Share Value).

  • If the Conversion Shares are delivered to Lender one hundred (100) days after the applicable Delivery Date, the total Conversion Delay Late Fees that would be added to the Outstanding Balance would be $20,000.00 (100 days multiplied by $250.00 per day, but capped at 100% of the Conversion Share Value).

  • If the Conversion Shares are delivered to Lender one hundred and fifty (150) days after the applicable Delivery Date, the total Conversion Delay Late Fees that would be added to the Outstanding Balance would be $40,000.00 (150 days multiplied by $300.00 per day, but capped at 200% of the Conversion Share Value).

  • Notwithstanding the foregoing, in event the accrual of Conversion Delay Late Fees is the result of a force majeure event, the cumulative amount of Conversion Delay Late Fees for the applicable Conversion shall not exceed 20% of the applicable Conversion Share Value.

  • Securities Claim Conversion: the deemed conversion of Securities Claims into Holdings Common Stock with an aggregate Conversion Share Value equal to the Allowed amount of such Securities Claims.

  • Conversion Share Value: the per share value used to convert Securities Claims into shares of Holdings Common Stock, calculated by dividing the Liquidation Proceeds by the number of shares of Holdings Common Stock currently issued and outstanding as of the Effective Date.

  • In the event Borrower believes it cannot deliver Conversion Shares under applicable laws or for any other reason, Borrower shall also have the right to pay the Conversion Share Value to Lender in cash in lieu of delivering the applicable Conversion Shares.

  • If the Conversion Shares are delivered to Lender one hundred (100) days after the applicable Delivery Date, the total Conversion Delay Late Fees that would be added to the Outstanding Balance would be$40,000.00 (100 days multiplied by $500.00 per day, but capped at 200% of the Conversion Share Value).


More Definitions of Conversion Share Value

Conversion Share Value means $1,000.

Related to Conversion Share Value

  • Conversion Shares means, collectively, the shares of Common Stock issuable upon conversion of the shares of Preferred Stock in accordance with the terms hereof.

  • Conversion Amount means the sum of the Stated Value at issue.

  • Common Warrant Shares means the shares of Common Stock issuable upon exercise of the Common Warrants.

  • Pre-Funded Warrant Shares means the shares of Common Stock issuable upon exercise of the Pre-Funded Warrants.

  • Per Share Purchase Price equals $1.00, subject to adjustment for reverse and forward stock splits, stock dividends, stock combinations and other similar transactions of the Common Stock that occur after the date of this Agreement.

  • Exchange Price means as of any date, $1,000, divided by the Exchange Rate as of such date.