Conversion Price and Adjustments to Conversion Price. (i) The conversion price in effect on any Conversion Date shall be equal to the lesser of (a) $0.4735 (the “Fixed Conversion Price”) or (b) ninety five percent (95%) of the lowest Volume Weighted Average Price of the Common Stock during the thirty (30) trading days immediately preceding the Conversion Date as quoted by Bloomberg, LP (the “Market Conversion Price”). The Fixed Conversion Price and the Market Conversion Price are collectively referred to as the “Conversion Price.” The Conversion Price may be adjusted pursuant to the other terms of this Debenture.
Conversion Price and Adjustments to Conversion Price. (i) The conversion price in effect on any Conversion Date shall be $0.005 per share of Common Stock, as adjusted pursuant to the other terms of this Section 3(b) (the “Conversion Price”).
Conversion Price and Adjustments to Conversion Price. (i) The Holder shall be entitled to convert, at its sole option, at any time a portion or all amounts of principal and interest due and outstanding under this Debenture into shares of the Obligor's Common Stock at the lesser of (i) at a price equal to $1.00 ( the "Fixed Conversion Price") or (ii) eighty percent (80%) of the lowest Closing Bid Price of the Common Stock during the five (5) trading days immediately preceding the Conversion Date as quoted by Bloomberg, LP (the "Market Conversion Price"). The Fixed Conversion Price and the Market Conversion Price are collectively referred to as the "Conversion Price." The Conversion Price may be adjusted pursuant to the other terms of this Debenture.
Conversion Price and Adjustments to Conversion Price. (i) The conversion price in effect on any Conversion Date shall be equal to 80% of the average closing price of the Common Stock for the 30 trading days immediately preceding the date Subscriber submits a Conversion Notice to the Company, as adjusted pursuant to the other terms of this Section 3(b) (the “Conversion Price”). Notwithstanding the foregoing, in no event shall the Conversion Price per share be less than $0.005 or more than $0.10.
Conversion Price and Adjustments to Conversion Price. (i) The “
Conversion Price and Adjustments to Conversion Price. (i) The conversion price (the "Conversion Price") in effect on any Conversion Date shall be equal to ninety percent (90%) of the lowest Closing Bid Price of the Common Stock during the thirty (30) days trading days immediately preceding the Conversion Date, as quoted by Bloomberg, LP.
Conversion Price and Adjustments to Conversion Price. (i) The conversion price in effect on any Conversion Date shall be, at the sole option of the Holder, equal to either (a) $0.06 (the "Fixed Conversion Price") or (b) eighty percent (80%) of the lowest Volume Weighted Average Price of the Common Stock during the five (5) trading days immediately preceding the Conversion Date as quoted by Bloomberg, LP (the "Market Conversion Price"). The Fixed Conversion Price and the Market Conversion Price are collectively referred to as the "Conversion Price." The Conversion Price may be adjusted pursuant to the other terms of this Debenture. Notwithstanding the restriction set for the in Section 2(b)(ii) the Holder shall have the absolute right to convert any or all of this Debenture at the Fixed Conversion Price free of such restriction.
Conversion Price and Adjustments to Conversion Price. (i) The conversion price in effect on any Conversion Date shall be equal to the volume weighted average price of the Common Stock for the TWENTY (20) trading days prior to the Conversion Date as quoted by Bloomberg, LP (the "Conversion Price").
Conversion Price and Adjustments to Conversion Price. (i) The Holder shall be entitled to convert, at its sole option, at any time a portion or all amounts of principal and interest due and outstanding under this Debenture into shares of the Obligor's Common Stock at the lesser of (i) a price equal to one hundred five percent (105%) of the Closing Bid Price of the Obligor's Common Stock on the day prior to the date hereof, as quoted by Bloomberg, LP (the "FIXED PRICE") or (ii) ninety five percent (95%) of the lowest closing Bid Price of the Obligor's Common Stock for the twenty (20) Trading Days immediately preceding the Conversion Date as quoted by Bloomberg, LP. (the "FLOATING Price"). (the Fixed Price and the Floating Price are collectively referred to as the "CONVERSION PRICE") The Conversion Price may be adjusted pursuant to the other terms of this Debenture. In the event that the Holder is effectuating conversion pursuant to the Floating Price the Holder shall only be entitled to convert up to One Hundred Fifty Thousand Dollars ($150,000) of principal due and outstanding under this Debenture into shares of the Obligor's Common Stock in any thirty (30) calendar day period, unless otherwise waived by the Obligor, provided however in the event the Obligor issues or sell shares of Common Stock, preferred stock, warrants, options, rights, contracts, calls, or other security or instrument granting the holder thereof the right to acquire Common Stock at any discount of the Closing Bid Price of the Common Stock determined immediately prior to its issuance, the Holder shall be entitled to convert without limitation.
Conversion Price and Adjustments to Conversion Price. (i) The conversion price in effect on any Conversion Date shall be equal to $0.60 per share (the “Conversion Price”). The Conversion Price may be adjusted to reflect certain events as set forth in this Section 4(c).
