Voluntary Conversion Date definition

Voluntary Conversion Date shall have the meaning set forth in Section 4(a)(i).

Voluntary Conversion Date means the date which is three (3) Business Days following the date the Notice of Conversion is delivered to the Borrower.[Signatures contained on next page.]

Voluntary Conversion Date has the meaning specified in Section 13.15(a).

Examples of Voluntary Conversion Date in a sentence

• On any Voluntary Conversion Date, the Holder may cause the any outstanding Principal Amount of this Note plus all accrued and unpaid interest to convert into a number of fully paid and non-assessable shares of Common Stock equal to the quotient of the elected outstanding principal amount of this Note plus all accrued interest on the elected outstanding on the Voluntary Conversion Date (as described in this Section below) divided by the Conversion Price as described in Section 3.2(a) below.

• In the event of a voluntary conversion pursuant to Section 5(a), all accrued and unpaid dividends on the Series A Preferred Stock being converted shall be payable on the day immediately preceding the Voluntary Conversion Date (as defined in Section 5(b)(i)).

• In lieu of any fractional shares to which the holder would otherwise be entitled, the Company shall pay cash equal to the product of such fraction multiplied by the average of the Closing Bid Prices of the Common Stock for the five (5) consecutive trading immediately preceding the Voluntary Conversion Date or Mandatory Conversion Date, as applicable.

• In lieu of any fractional shares to which the holder would otherwise be entitled, the Company shall pay cash equal to the product of such fraction multiplied by the average of the Closing Bid Prices of the Common Stock for the five (5) consecutive trading days immediately preceding the Voluntary Conversion Date or Mandatory Conversion Date, as applicable.

• Conversion of Series B Preferred Stock shall be deemed to have been effected on the applicable Voluntary Conversion Date.

More Definitions of Voluntary Conversion Date

Voluntary Conversion Date means the Business Day on which the Voluntary Conversion Right has been exercised in accordance with the provisions above. If such day falls after the Conversion Period, the Voluntary Conversion Right will not have been validly exercised.

Voluntary Conversion Date has the meaning ascribed to such term in Section 2.3(e)(v) of Article 2.

Voluntary Conversion Date means the Business Day on which the Voluntary Conversion Right has been exercised in accordance with the provisions of Section 4.05(b). If such day falls after the Conversion Period, the Voluntary Conversion Right will not have been validly exercised.

Voluntary Conversion Date shall have the meaning specified in Section 15.12(a). The definitions of certain other terms are as specified in Article XV and Article XVI.

Voluntary Conversion Date has the meaning set forth in Section 9(d)(ii) of this Certificate of Designation.

Voluntary Conversion Date means the date that the Voluntary Conversion Notice and this Note are delivered by a Holder to the Company pursuant to Section 7(a).

Voluntary Conversion Date means the date which is three (3) Business Days following the date the Notice of Conversion is delivered to the Borrower. [Signatures contained on next page.] BORROWER: Provectus Biopharmaceuticals, Inc. Name: Hxxxxxx Xxxxxx, CPA Title: Chief Financial Officer SUBSIDIARIES: Provectus Pharmatech, Inc. Name: Hxxxxxx Xxxxxx, CPA Title: Chief Financial Officer Provectus Biotech, Inc. Name: Hxxxxxx Xxxxxx, CPA Title: Chief Financial Officer Pure-ific, Inc. Name: Hxxxxxx Xxxxxx, CPA Title: Chief Financial Officer STATE OF TENNESSEE ) ) ss. COUNTY OF KXXX ) Before me, the undersigned authority, on this day personally appeared Hxxxxxx Xxxxxx, CPA, Chief Financial Officer of each of Provectus Biopharmaceuticals, Inc., Provectus Biotech, Inc., Provectus Pharmatech, Inc., and Pur-ific, Inc., and such person is known to me to be the person whose name is subscribed to the foregoing instrument, and upon his oath acknowledged to me that he executed the same for the purposes and consideration therein expressed and in the capacity therein stated. Given under my hand and seal of office this [●] day of [●], 2020. Notary Public (SEAL) My commission expires: _______________________ Exhibit A Form of Notice of Conversion (See Attached) Exhibit A