Note Conversion Price definition

Note Conversion Price means $0.035 per share, subject to adjustment as provided in the Note.

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Note Conversion Price means the Note Conversion Price provided in the Note.

Note Conversion Price means $0.08, subject to adjustment as provided in the Note.

Examples of Note Conversion Price in a sentence

Upon conversion of this Note into Class B Preferred Stock in accordance with Section 4, any accrued and unpaid interest with respect to the principal amount of this Note being converted shall automatically convert into additional shares of Class B Preferred Stock, at the same Note Conversion Price applicable to the principal amount being converted, without any further action required by the Holder.
On the Conversion Date, this Note, including the entire outstanding principal amount, shall automatically convert into shares of Class B Preferred Stock, without any further action by the Holder, at a conversion price equal to the Note Conversion Price then in effect.
The number of shares of Class B Preferred Stock issuable upon such conversion shall equal the outstanding principal amount of this Note divided by the Note Conversion Price on the Conversion Date.

Note Conversion Price shall have the meaning set forth in Section 4(d) hereof.

Note Conversion Price means an amount initially equal to One Hundred Dollars ($100) as such amount shall be adjusted from time to time in accordance with the provisions of Section 8 hereof.

Note Conversion Price means the then current “Series A Issue Price,” as defined in and determined under the Parent Charter.

Note Conversion Price means the “Conversion Price” (as defined in the Note Purchase Agreement) at which the Notes convert into shares or units of Qualified Financing Securities, or otherwise for which shares or units of Qualified Financing Securities are issued by the Company in exchange for, or in satisfaction of its obligations under, the Notes in the Qualified Financing.

Note Conversion Price means a price per share equal to 75% of the price per share paid by the other purchasers of the Next Financing Securities sold in the Next Financing.

Note Conversion Price means the offering price per share in a Qualified Offering.

Note Conversion Price shall have the meaning set forth in Section 1.1(b)(i) hereto.