Examples of Conversion Price Per Share in a sentence
The Notice of Conversion shall specify therein the number of Conversion Shares and the applicable Conversion Price Per Share.
As to any fraction of a share which Holder would otherwise be entitled to purchase upon such Conversion, Hightimes shall pay a cash adjustment in respect of such final fraction in an amount equal to such fraction multiplied by the then applicable Conversion Price Per Share.
The number of shares of Hightimes Common Stock to be issued to the Holder upon such conversion of this Note shall be equal to the result of dividing (i) the applicable Conversion Amount, by (ii) the applicable Conversion Price Per Share.
The Holder may, at any time and from time to time prior to the Maturity Date, upon giving written notice to the Borrower, elect to convert all or any portion of the outstanding principal amount of this Note, less the Aggregate PIK Amount, into that number of whole Conversion Shares as is determined by dividing (x) such principal amount by (y) the Conversion Price Per Share as in effect on the date the notice of conversion is given.
The form of this Note need not be changed because of any adjustment in the Conversion Price Per Share or in the number of Conversion Shares issuable upon its conversion.