Initial Conversion Price definition

Initial Conversion Price has the meaning specified in Section 13.01.

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Initial Conversion Price when used with respect to any Security, means the price at which the Common Stock shall be delivered upon conversion of such Security, prior to any adjustment of such price as provided herein.

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

Examples of Initial Conversion Price in a sentence

However if the conversion price for the common stock on the Clearing Date (defined below) is lower than the Initial Conversion Price, then the Initial Conversion Price shall be adjusted such that the Discount shall be taken based on the Clearing Date, and the Company shall issue additional shares to Purchaser to reflect such adjusted Conversion Price, with such additional issuance being subject to the limitation on conversion as set forth in 2.11, below.
The price at which shares of Common Stock shall be delivered upon conversion of Securities of a series (herein called the “conversion price” for Securities of such series) shall be initially the Initial Conversion Price for Securities of such series per share of Common Stock.
The conversion price shall initially be $8.00 (the "Initial Conversion Price"), and shall be subject to adjustment pursuant to the antidilution provisions below (as so adjusted, the "Conversion Price").
For the purposes of this Note, the term "Initial Conversion Price" shall mean $10 per share.
The Company shall issue shares to the Holder as set forth in 2.1(b) ("Initial Conversion Price").

Initial Conversion Price means (i) with respect to each share of Preferred Stock issued on the Original Issuance Date, $41.26 per share of Common Stock and (ii) with respect to each share of Preferred Stock issued as payment of a Preferred Dividend in accordance with Section 4, the Conversion Price in effect immediately prior to the issuance of such share.

Initial Conversion Price means $26.92 per share of Common Stock.

Initial Conversion Price means $0.75.

Initial Conversion Price means with respect to each share of Preferred Stock, $10.00 per share.

Initial Conversion Price means $1.25, the Conversion Price on the Effective Date.

Initial Conversion Price means, for each share of Designated Preferred Stock, an amount equal to $0.40.

Initial Conversion Price means $2.70.