Fixed Conversion Price shall have the meaning set forth in Section 4(b).
Fixed Conversion Price means, as of any Conversion Date (as defined below) or other date of determination, $0.0040, subject to adjustment as provided herein. All such determinations to be appropriately adjusted for any stock split, stock dividend, stock combination or other similar transaction.
Fixed Conversion Price has the meaning given such term in the Minimum Borrowing Note.
Examples of Fixed Conversion Price in a sentence
The number of Common Shares issuable upon conversion of any Conversion Amount pursuant to this Section (3)(a) shall be determined by dividing (x) such Conversion Amount by (y) the Fixed Conversion Price (the “Conversion Rate”).
If the Holder would otherwise be entitled to a fractional share, upon the Holder’s request, the Holder shall receive a cash payment equal to the Fixed Conversion Price multiplied by the fractional share the Holder would otherwise be entitled to receive.
More Definitions of Fixed Conversion Price
Fixed Conversion Price shall have the meaning ascribed to it in the Debenture.
Fixed Conversion Price means $4.26 (which has been determined on the date of this Note as an amount equal to 105% of the average closing price for the ten (10) trading days immediately prior to the date of this Note).
Fixed Conversion Price has the meaning contained in Section 3.1(b)
Fixed Conversion Price means $1.13 [which has been determined on the date of this Note as an amount equal to 103% of the average closing price of the Common Stock for the ten (10) trading days immediately prior to the date of this Note; provided that the Fixed Conversion Price shall not exceed 110% of the closing price on the date immediately preceding the Closing Date]. The shares of Common Stock to be issued upon such conversion are herein referred to as the “Conversion Shares.”
Fixed Conversion Price means, as of any Conversion Date or other applicable date of determination, $5.95, subject to adjustment as provided herein.
Fixed Conversion Price shall have the meaning ascribed to such term in the Notes.
Fixed Conversion Price means, as of any date of determination, $0.10, subject to adjustment as provided herein.