Current Conversion Price definition

Current Conversion Price means the Conversion Price immediately before the occurrence of any event, which, pursuant to Section 2.5.4(c), causes an adjustment to the Conversion Price.
View Source
Current Conversion Price means the Conversion Price as most recently adjusted pursuant to Section 3.06.
View Source
Current Conversion Price. The term "Current Conversion Price" means the Conversion Price as most recently adjusted pursuant to Section 3.06.
View Source

Examples of Current Conversion Price in a sentence

  • No adjustment of the Current Conversion Price for Preferred Stock, however, shall be made in an amount less than $1.00 per share, but any lesser adjustment shall be carried forward and shall be made at the time of and together with the next subsequent adjustment which, together with any adjustments so carried forward, shall amount to $1.00 per share or more.

  • Payment of the Conversion Price for the Shares specified in such election shall be made by applying an aggregate amount of unpaid principal of the Term Loans/Commitment (and/or, in the event of a conversion of any Term Loan, any accrued and unpaid interest on such Term Loan) equal to the amount obtained by multiplying (i) the number of Shares specified in such election by (ii) the then Current Conversion Price.

  • Upon meeting the Closing Conditions in Section 5 below, the Current Conversion Price shall be further reduced to $.05 per share (the “Reduced Conversion Price”).

  • Such conversion of Term Loans and simultaneous advance and conversion of the Commitment to Shares shall be made at an amount per Share which is equal to the then Current Conversion Price, as further described below.

  • The corporation shall, upon the written request at any time of any holder of a series of Preferred Stock, furnish or cause to be furnished to such holder a like certificate setting forth (a) such adjustment and readjustment, (b) the Current Conversion Price of such series of Preferred Stock at the time in effect, and (c) the number of shares of Common Stock and the amount, if any, of other property which at the time would be received upon the conversion of a share of such series of Preferred Stock.


More Definitions of Current Conversion Price

Current Conversion Price means the Conversion Price
View Source
Current Conversion Price means the Conversion Price as most recently adjusted pursuant to Section 6.06.
View Source
Current Conversion Price as used herein shall mean the Conversion Price, as the same may be adjusted from time to time as hereinafter provided, in effect at any given time. In determining the Current Conversion Price, the result shall be expressed to the nearest $0.01, but any such lesser amount shall be carried forward and shall be considered at the time of (and together with) the next subsequent adjustment which, together with any adjustments to be carried forward, shall amount to $0.01 per Share or more.
View Source
Current Conversion Price with respect to a series of Preferred Stock, shall mean the Conversion Price immediately before the occurrence of any event, which, pursuant to Section 5(c), causes an adjustment to the Conversion Price of such series of Preferred Stock.
View Source
Current Conversion Price means US $2.50 per Common Share subject to adjustment as hereinafter provided, regardless of the Common Share price in effect at the time of such adjustment provided that such price shall always be expressed to one-tenth of one cent, rounded upwards;
View Source
Current Conversion Price has the meaning set forth in ------------------------ Section 6.3 hereof.
View Source
Current Conversion Price means the Current Market Price for each Common Share to be issued upon conversion of any Series A Shares, subject to adjustment as hereinafter provided;
View Source