Equity Conditions Measuring Period definition
Examples of Equity Conditions Measuring Period in a sentence
The Company may exercise its right to Redemption under this Section 6 on the Trading Day immediately following any Equity Conditions Measuring Period by delivering a written notice thereof, by electronic mail to all, but not less than all, of the holders of the Registered Warrants (each, a “Redemption Notice”, and the date thereof, each a “Redemption Notice Date”).
For purposes of determining an Equity Conditions Failure, the Equity Conditions Measuring Period (as defined in the Lender Note) will begin as of the date hereof and continue through the Secured Buyer Note Maturity Date.
The Company may exercise its right to Redemption under this Section 6 on the Trading Day immediately following any Equity Conditions Measuring Period by delivering a written notice thereof, by electronic mail to all, but not less than all, of the holders of the Warrants (each, a “Redemption Notice”, and the date thereof, each a “Redemption Notice Date”).
Dividends and any Make-Whole Amount are payable at the Corporation's election, (a) in cash, or (b) in free trading shares of Common Stock registered pursuant to a current and effective registration statement on file with the U.S. Securities & Exchange Commission, valued at 90.0% of the following: the VWAP of the Common Stock for the Equity Conditions Measuring Period, not to exceed the Closing Price on any Trading Day during the Equity Conditions Measuring Period.
For purposes of determining an Equity Conditions Failure, the Equity Conditions Measuring Period (as defined in the Lender Note) will begin as of the date hereof and continue through the Buyer Deed of Trust Note Maturity Date.