Alternate Conversion Price

Alternate Conversion Price. Shall mean the lower of a) 65% of the lowest traded price for the twenty (20) consecutive Trading Days immediately preceding the applicable Conversion Date, or b) the Closing Bid price on the Original Issue Date.

Alternate Conversion Price. Means the simple average of the closing stock prices of the Common Stock as reported on the Trading Market during the Reference Period; provided, however, that in the event that the closing stock price of the Common Stock as reported on the Trading Market during any Trading Day during the Reference Period exceeds the Pre-Reference Period Premium Price, then for such Trading Day during the Reference Period, the Pre-Reference Period Premium Price shall be substituted for the actual closing stock... price for that Trading Day for the purposes of calculating the Alternate Conversion Price; and provided further that in the event that the closing stock price of the Common Stock during any Trading Day during the Reference Period is less than the Pre-Reference Period Deficit Price, then for such Trading Day during the Reference Period, the Pre-Reference Period Deficit Price shall be substituted for the actual closing stock price for such Trading Day for the purposes of calculating the Alternate Conversion Price. View More

Alternate Conversion Price. Means, with respect to any Conversion Date with respect to a Holder Alternate Conversion, the lower of (i) the Conversion Price and (ii) a price equal to 80% of the lowest daily VWAP of the Common Stock during the five (5) consecutive Trading Day period prior to such Conversion Date (such period, the "Alternate Conversion Price Measuring Period"). All such determinations to be appropriately adjusted for any stock splits, stock dividends, stock combinations, recapitalizations or other similar... transactions during such Alternate Conversion Price Measuring Period. View More

Alternate Conversion Price. With respect to any Alternate Conversion that price which shall be the lower of (i) the applicable Conversion Price as in effect on the applicable Conversion Date of the applicable Alternate Conversion, (ii) the greater of (x) the Floor Price and (y) 90% of the lowest VWAP of the Common Stock during the five (5) consecutive Trading Day period ending on and including the Trading Day immediately preceding the delivery or deemed delivery of the applicable Conversion Notice (such period, the... Alternate Conversion Measuring Period). All such determinations to be appropriately adjusted for any stock dividend, stock split, stock combination, reclassification or similar transaction that proportionately decreases or increases the Common Stock during such Alternate Conversion Measuring Period View More