Conversion Price

Conversion Price. Means, as of any date, the lower of the Fixed Conversion Price and the Floating Conversion Price on such date, subject to adjustment as provided herein.

Conversion Price. Means 100% of the average of the daily volume-weighted average price of Common Stock quoted or traded on the Nasdaq National Market or the Nasdaq Small Cap Market (or, if the Common Stock is not quoted or traded on the Nasdaq National Market or the Nasdaq Small Cap Market at the time of conversion, such other primary market on which the Common Stock is quoted or traded) during the period of five consecutive trading days ending on the date immediately prior to the date of the conversion of the... Secured Convertible Promissory Note, from time to time. 2 View More

Conversion Price. Means, for any Promissory Note, the greater of (a) $0.01, or (b) one hundred percent (100%) of the average of the daily volume-weighted average price of Common Stock quoted or traded on the over-the-counter market as reported by Pink Sheets LLC (the "Pink Sheets") (or, if the Common Stock is not quoted or traded on the Pink Sheets at the time of conversion, such other primary market on which the Common Stock is quoted or traded) during the period of five consecutive trading days ending on the... date immediately prior to the date of the conversion of such Promissory Note, from time to time. View More

Conversion Price. Shall mean such price per share determined as follows: $.0737, multiplied by a fraction, the numerator of which shall be the number of shares of the Company's Common Stock, on a fully-diluted, as-converted basis (including Common Stock and Common Stock Equivalents) existing as of the date of this Note, and the denominator of which shall be the number of shares of the Company's Common Stock, on a fully-diluted, as-converted basis (including Common Stock and Common Stock Equivalents) existing as... of the Conversion Date. -2- View More

Conversion Price. Shall mean: (a) in the case of a conversion of this Note pursuant to Section 4(a) hereof, the initial price at which shares of Common Stock are sold to the public in the Initial Public Offering; (b) in the case of a conversion of this Note pursuant to Section 4(b) or Section 4(d) hereof, $1.0411 per share; and (c) in the case of a conversion pursuant to Section 4(c) hereof, the price paid per share for Equity Securities by the investors in the Next Equity Financing. The Conversion Price shall... be subject to adjustment pursuant to Section 4(g) hereof. View More

Conversion Price. Means 1,000 divided by the Conversion Rate in effect immediately prior to the applicable determination date.

Conversion Price. Means $1.00.

Conversion Price. Shall be 50% of the average of the Per Share Market Values during the three (3) Trading Days immediately preceding a Conversion Date (subject to adjustment pursuant to Section 5 hereof).

Conversion Price. Means (i) prior to the earlier of (x) the Alternate Optional Conversion Eligibility Date and (y) the Mandatory Conversion Date, 24.00 per share and (ii) thereafter, the lower of (x) 24.00per share and (y) the Alternate Conversion Price, in all cases subject to adjustment as set forth below in Section 6.

Conversion Price. Means five dollars and no cents ($5.00), subject to adjustment for stock splits, recombinations, stock dividends and the like; provided, that, on or after the consummation of any Change of Control, the Conversion Price shall equal the product of (x) the Conversion Price in effect immediately before such Change of Control multiplied by (y) the quotient of (A) the Prevailing Market Price of the Acquiring Person as of the date of such consummation divided by (B) the Acquisition Price.