Conversion Amount

Conversion Amount. Means the sum of the Stated Value plus all accrued and unpaid Dividends thereon plus, if any, other unpaid amounts due under this Certificate of Designation

Conversion Amount. The portion of the principal amount of this Note being converted plus any accrued and unpaid interest thereon, if any, through the Conversion Date each as specified in the Notice of Conversion

Conversion Amount. The sum of (i) the portion of the Principal Sum to be converted and (ii) accrued and unpaid interest with respect to such Principal Sum to, but excluding, the Conversion Date.

Conversion Amount. With respect to any Conversion as hereinafter defined, the sum of 1 the principal amount of the Purchased Debt to be converted in such Conversion plus 2 accrued and unpaid interest, if any, on such principal amount at rate of 6% per annum to the Conversion Date

Conversion Amount. Means the sum of the outstanding and unpaid Principal plus all accrued and unpaid Interest thereon plus, if any, other unpaid amounts due under this Note.

Conversion Amount. (a) that part of the outstanding Principal Amount of this Note which the Holder elects to convert to common shares in the Company @ $.01 per share (in increments of $1,000.00 up to the entire outstanding Principal Amount) and, if an election is so made pursuant to Section 4.1 herein, (b) all accrued and unpaid interest. In addition to the common stock, the Holder shall receive warrants in an amount of 50% of the amount of common shares of the Company converted, such warrants expiring three... years from the date of issuance, at an exercise price of $.03 per share. In the event that the closing market price of the common stock falls below $.01 for five consecutive trading days after the date of this Note, but prior to full conversion, the conversion price of the remaining principal balance (or interest) shall be at the ninety day average VWAP per share. View More

Conversion Amount. The portion of the Remaining Balance to be converted or otherwise redeemed.

Conversion Amount. The outstanding and unpaid Principal

Conversion Amount. The portion of the Principal to be converted.

Conversion Amount. The Principal to be converted, redeemed or otherwise with respect to which this determination is being made.