Conversion Event

Conversion Event. Shall have the meaning ascribed thereto in Paragraph 6(b) below.

Conversion Event. The conversion of all outstanding shares of Series E Preferred Stock to Common Stock pursuant to the mandatory conversion provision of the Series E Preferred Stock contained in the Certificate.

Conversion Event. Shall mean any one of the following events: i.the closing of a firm commitment underwritten public offering made on a U.S. nationally recognized exchange with an offering price of not less than twice (2x) the Series F original issue price, as adjusted for capitalizations and the like; ii.the U.S. Securities and Exchange Commission declaring a registration statement of the Company effective with an offering price per share of not less than twice (2x) the Series F original issue price, as... adjusted for capitalizations and the like (other than in connection with an underwritten public offering); or iii.the initial closing of an equity financing of $50.0 million or more, excluding the aggregate principal and accrued interest of any indebtedness converted into securities in such financing, and with a price per share of at least the Series F original issue price, as adjusted for recapitalizations and the like. View More

Conversion Event. Means the occurrence of the Common Stock trading above $10.00 per share (as appropriately adjusted based on any adjustments to the Conversion Price) for 10 consecutive Trading Days with a trading volume of at least 50,000 shares (as appropriately adjusted based on any adjustments to the Conversion Price) for each such Trading Day.

Conversion Event. Means shareholder approval by holders of a majority of the shares of Common Stock of issuance of the Convertible Preferred Stock and conversion of the Notes into 75,000 shares of Convertible Preferred Stock.

Conversion Event. Shall mean the first to occur of: (i) the date that is 180 days following the date Parent (as defined in the Merger Agreement) exercises the Limited Due Diligence Termination Right if the Company has not redeemed the Preferred Stock as of such date pursuant to Section 6 below, (ii) the date the Merger Agreement is terminated (other than upon exercise of the Limited Due Diligence Termination Right or due to a breach of the Merger Agreement by Parent or Merger Sub (as defined in the Merger... Agreement)) and (iii) the Initial Termination Date, as defined in the Merger Agreement, as may be extended by the Company or Parent View More

Conversion Event. Means the consummation of a Qualified Financing.