Post-Installment Conversion Shares definition

Post-Installment Conversion Shares means that number of shares of Common Stock that would be required to be delivered pursuant to Section 8 on an applicable Installment Date without taking into account the delivery of any Pre-Installment Conversion Shares.

Post-Installment Conversion Shares means, for any Installment Date, that number of shares of Common Stock equal to the applicable Company Conversion Amount for such Installment Date divided by the Company Conversion Price (without taking into account the delivery of any Pre-Installment Conversion Shares).

Post-Installment Conversion Shares means that number of shares of Common Stock that would be required to be delivered pursuant to Section 8 on an applicable Installment Date without taking into account the delivery of any Pre-Installment Conversion Shares. The Post-Installment Conversion Shares are equal to the quotient of (i) the Company Conversion Amount divided by (ii) the Post-Installment Conversion Price as of the applicable Installment Date.

Examples of Post-Installment Conversion Shares in a sentence

• The Company shall pay any and all transfer, stamp, issuance and similar taxes that may be payable with respect to the issuance and delivery of Pre-Installment Conversion Shares, Post-Installment Conversion Shares, Pre-Installment Certificated Shares, and Post-Installment Certificated Shares.

• If a Payment Default has occurred and the Pre-Installment Conversion Shares for the applicable Installment Date exceed the Post-Installment Conversion Shares, then Holder shall not be required to return to the Company any of the excess shares or apply such excess shares to any future issuance or conversion of shares hereunder.

• So long as no Event of Default has occurred regarding payment, conversion or redemption under this Note (each a “ Payment Default”), if the Pre-Installment Conversion Shares on the applicable Installment Date exceed the Post-Installment Conversion Shares, then the excess will be applied towards the next Conversion Shares to be issued by the Company (unless the Outstanding Balance has been reduced to zero, in which case Holder will return such excess shares to the Company).

• No later than three (3) Trading Days after each Installment Date, the Company shall deliver to the Holder’s account a number of shares of Common Stock equal to the amount, if any, by which the Post-Installment Conversion Shares exceed the Pre-Installment Conversion Shares previously delivered to Holder, registered in the name of the Holder or its designee.

• Notwithstanding anything herein to the contrary, if, with respect to an Installment Date, the number of Pre-Installment Conversion Shares delivered to the Holder exceeds the number of Post-Installment Conversion Shares with respect to such Installment Date, then the Holder shall be entitled to keep any such excess as additional interest with respect to such Installment Amount due on such Installment Date.

More Definitions of Post-Installment Conversion Shares

Post-Installment Conversion Shares means that number of shares of Common Stock that would be required to be delivered pursuant to Section 8 on an applicable Installment Date without taking into account the delivery of any Pre-Installment Conversion Shares. The Post-Installment Conversion Shares are equal to the quotient of (i) the Company Conversion Amount divided by (ii) the Conversion Price as of the applicable Installment Date.

Post-Installment Conversion Shares means, for any Installment Date and without taking into account the delivery of any Pre-Installment Conversion Shares, that number of shares of Common Stock equal to the applicable Company Conversion Amount (including, without limitation, the addition of any Accelerated Amounts to such Company Conversion Amount in accordance with Section 8(e)) on such Installment Date divided by the Company Conversion Price as in effect on the applicable Installment Date, rounded up to the nearest whole share of Common Stock.

Post-Installment Conversion Shares means, for any given Holder on for an Installment Date and without taking into account the delivery of any Pre-Installment Conversion Shares to such Holder, that number of shares of Common Stock equal to the applicable Installment Conversion Amount of such Holder (including, without limitation, the addition of any Deferral Amounts and/or Acceleration Amounts to such Installment Conversion Amount by such Holder in accordance with Section 9(d) and/or Section 9(e), respectively, on such Installment Date) divided by the Installment Conversion Price as in effect on the applicable Installment Date, rounded up to the nearest whole share of Common Stock.

Post-Installment Conversion Shares means, for any Installment Date, that number of shares of Common Stock equal to the applicable Installment Amount on such Installment Date divided by the Automatic Conversion Price (without taking into account the delivery of any Pre-Installment Conversion Shares), rounded up to the nearest whole share of Common Stock.

Post-Installment Conversion Shares means, for any Installment Date, that number of shares of Common Stock equal to the

Post-Installment Conversion Shares means, with respect to any Holder, for any Installment Date and without taking into account the delivery of any Pre-Installment Conversion Shares to such Holder, that number of shares of Common Stock equal to the applicable Company Conversion Amount (including, without limitation, the addition to such Company Conversion Amount of any Deferral Amount(s) that have been deferred by such Holder from prior Installment Date(s) to the applicable Installment Date in accordance with Section 9(d) and/or the addition to such Company Conversion Amount of any Accelerated Amount(s) that have been accelerated by such Holder from future Installment Date(s) to the applicable Installment Date in accordance with Section 9(e)) on such Installment Date divided by the Company Conversion Price as in effect on the applicable Installment Date, rounded to the nearest whole share of Common Stock.

Post-Installment Conversion Shares means, for any Installment Date, that number of Common Shares equal to the applicable Company Conversion Amount for such Installment Date divided by the Company Conversion Price (without taking -43- into account the delivery of any Pre-Installment Conversion Shares), rounded up to the nearest whole Common Share.