Fixed Conversion Price definition

Fixed Conversion Price shall have the meaning set forth in Section 4(b).

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Fixed Conversion Price has the meaning contained in Section 3.1(b)

Fixed Conversion Price means, as of any Conversion Date (as defined below) or other date of determination, $0.0040, subject to adjustment as provided herein. All such determinations to be appropriately adjusted for any stock split, stock dividend, stock combination or other similar transaction.

Examples of Fixed Conversion Price in a sentence

For avoidance of doubt, all references in this Note to the Fixed Conversion Price or any other Conversion Price including the Alternative Conversion Price shall be construed to include adjustments as provided in this Note.
Upon occurrence of each adjustment or readjustment of the Fixed Conversion Price or number of shares of Common Stock issuable upon conversion of this Note pursuant to this Section 3.3, the Maker at its expense shall promptly compute such adjustment or readjustment in accordance with the terms hereof and furnish to the Holder a certificate setting forth such adjustment and readjustment, showing in detail the facts upon which such adjustment or readjustment is based.
If the Maker shall at any time or from time-to-time after the Original Issuance Date effect a forward stock split of the outstanding Common Stock or pays a dividend in Common Stock to holders of its Common Stock, the applicable Fixed Conversion Price in effect immediately prior to such event shall be proportionately decreased.
If the Maker shall at any time or from time-to-time after the Original Issuance Date, effect a combination or reverse stock split of the outstanding Common Stock, the applicable Fixed Conversion Price in effect immediately prior to such event shall be proportionately increased.
Subject to the rules and regulations of the Principal Market, the Company may at any time during the term of this Note, with the prior written consent of the Holder, reduce the then current Fixed Conversion Price of the Note to any amount and for any period of time deemed appropriate by the Board of Directors of the Company.

More Definitions of Fixed Conversion Price

Fixed Conversion Price has the meaning given such term in the Minimum Borrowing Note.

Fixed Conversion Price shall have the meaning ascribed to it in the Debenture.

Fixed Conversion Price means $0.53 which has been determined on the date of this Note as an amount equal to 110% of the average closing price for ten (10) trading days immediately prior to the date of this Note. .

Fixed Conversion Price means $0.

Fixed Conversion Price means $1.13 [which has been determined on the date of this Note as an amount equal to 103% of the average closing price of the Common Stock for the ten (10) trading days immediately prior to the date of this Note; provided that the Fixed Conversion Price shall not exceed 110% of the closing price on the date immediately preceding the Closing Date]. The shares of Common Stock to be issued upon such conversion are herein referred to as the “Conversion Shares.”

Fixed Conversion Price means, as of any Conversion Date or other applicable date of determination, $5.95, subject to adjustment as provided herein.

Fixed Conversion Price shall have the meaning ascribed to such term in the Notes.

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