Fixed Conversion Price definition

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

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Fixed Conversion Price has the meaning contained in Section 3.1(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.

Examples of Fixed Conversion Price in a sentence

The Company may at any time during the term of this Note, with the prior written consent of the Holder reduce the then current Fixed Conversion Price or Redemption Conversion Price of each of the Notes to any amount and for any period of time deemed appropriate by the board of directors of the Company.
All conversions under this Section 2(d)(i) shall be effected in accordance with the provisions of Section 4 but using the Redemption Conversion Price in lieu of the Fixed Conversion Price.
At any time, and from time to time, until this Note is no longer outstanding, the Outstanding Value of this Note shall, at the option of the Holder (subject to the conversion limitations set forth in Section 4(c)) be convertible, in whole or in part, into shares of Common Stock at the Fixed Conversion Price.
For purposes of clarification, whether or not the Company provides a Dilutive Issuance Notice pursuant to this Section 5(c), upon the occurrence of any Dilutive Issuance, the Holder is entitled to receive a number of Conversion Shares for a conversion under Section 4(a) based upon the Base Fixed Conversion Price on or after the date of such Dilutive Issuance, regardless of whether the Holder accurately refers to the Base Fixed Conversion Price in the applicable Conversion Notice.
Whenever the Fixed Conversion Price is adjusted pursuant to any provision of this Section 5, the Company shall promptly deliver to each Holder a notice setting forth the Fixed Conversion Price after such adjustment and setting forth a brief statement of the facts requiring such adjustment.

More Definitions of Fixed Conversion Price

Fixed Conversion Price has the meaning given such term in the Minimum Borrowing Note.

Fixed Conversion Price shall have the meaning ascribed to it in the Debenture.

Fixed Conversion Price means $0.

Fixed Conversion Price means $.20 which has been determined on the date of this Note as an amount equal to 107% of the average closing price of the Common Stock for the ten (10) trading days immediately prior to the date of this Note.

Fixed Conversion Price means $0.53 which has been determined on the date of this Note as an amount equal to 110% of the average closing price for ten (10) trading days immediately prior to the date of this Note. .

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

Fixed Conversion Price means, as of any Conversion Date or other applicable date of determination, $5.95, subject to adjustment as provided herein.