Common use of Fixed Conversion Price Clause in Contracts

Fixed Conversion Price. The “Fixed Conversion Price” of obligations set forth in the Original Revolving Line and all amendments thereto, including this Fourth Amendment, is $0.61 per share, subject to adjustment as set forth below.

Appears in 1 contract

Sources: Convertible Security Agreement (JanOne Inc.)

Fixed Conversion Price. The “Fixed Conversion Price” of obligations set forth in the Original Revolving Line and all amendments thereto, including this Fourth Amendment, is $0.61 0.58 per share, subject to adjustment as set forth below.

Appears in 1 contract

Sources: Convertible Security Agreement (JanOne Inc.)

Fixed Conversion Price. The “Fixed Conversion Price” of obligations set forth in the Original Revolving Fourth Amendment to Unsecured Line of Credit Promissory Note and all amendments thereto, including this Fourth Amendment, thereto is $0.61 7.85 per shareshare (which is the Historical NOCP as of April 7, 2025), subject to adjustment as set forth below.

Appears in 1 contract

Sources: Unsecured Line of Credit Promissory Note (LIVE VENTURES Inc)