Fixed Conversion Price. For purposes hereof, subject to Section 3.5 hereof, the "Fixed Conversion Price" means $ 1.47 (103% of the average of the closing price of the Common Stock for the five (5) trading days immediately prior to the date hereof).
Appears in 1 contract
Sources: Secured Convertible Minimum Borrowing Note (Inyx Inc)
Fixed Conversion Price. For purposes hereof, subject to Section 3.5 hereof, the "initial “Fixed Conversion Price" ” means $ 1.47 (____ [103% of the average of the closing price of the Common Stock for the five ten (510) trading days immediately prior to the date hereof)hereof provided that the Fixed Conversion Price shall not exceed 110% of the closing price of the Common Stock on the trading day immediately preceding the Closing Date]0.62.
Appears in 1 contract
Sources: Secured Convertible Note (Conversion Services International Inc)
Fixed Conversion Price. For purposes hereof, subject to Section 3.5 hereof, the "Fixed Conversion Price" means $ 1.47 $1.88 (103105% of the average of the closing price of the Common Stock for the five ten (510) trading days immediately prior to the date hereof).
Appears in 1 contract
Sources: Secured Convertible Note (Home Solutions of America Inc)
Fixed Conversion Price. For purposes hereof, subject to Section 3.5 hereof, the "initial “Fixed Conversion Price" ” means $ 1.47 $0.28 (103105% of the average of the closing price of the Common Stock for the five ten (510) trading days immediately prior to the date hereof).
Appears in 1 contract