Conversion Price

Conversion Price. For purposes of the conversion of accrued interest only, means the higher of 1) $0.01 per share, or 2) the average of the share prices recorded at the close of the ten (10) trading days prior to the date of conversion, subject to adjustment as provided herein.

Conversion Price. Means the lesser of (i) seven cents ($0.07) per share, or (ii) seventy-five (75%) percent of the Market Price of the Conversion Securities on the Conversion Date.

Conversion Price. Means the price per share of Common Stock used to determine the number of shares of Common Stock deliverable upon conversion of a share of the Series C Preferred Stock, subject to adjustment in accordance with the provisions of Section 5.

Conversion Price. Means the conversion price per share of Common Stock into which the Series A Preferred Stock is convertible, as such Conversion Price may be adjusted pursuant to Section 7 hereof. The initial Conversion Price will be $20.00.

Conversion Price. Means $8.32, subject to adjustment from time to time as provided in paragraph 4.

Conversion Price. $1.00 per share.

Conversion Price. $0.375 per share.

Conversion Price. Will mean the price per share of Class B Common Stock used to determine the number of shares of Class B Common Stock deliverable upon conversion of a share of the Series B Preferred Stock, subject to adjustment in accordance with the provisions of Section 5.

Conversion Price. Means the lesser of (i) ninety percent (90%) of the Market Price in effect on the Issue Date and (ii) $1.25 (in each such case subject to adjustment as provided herein). The initial Conversion Price is $1.25, subject to adjustment as provided herein.

Conversion Price. Means $[ ](4), subject to adjustment from time to time pursuant to Section 11. - -------- (4) 110% of the average VWAP of the Common Stock during the ten Trading Days immediately preceding the date of the Purchase Agreement or the Closing Date, whichever is less; provided, that (x) the -------- Conversion Price for those Holders who became party to the Purchase Agreement after December 19, 2003 and who are not officers or ... directors of the Company shall equal 110% of the average of the VWAP for the ten Trading Days immediately prior to the date of the Purchase Agreement or the date of the Closing, whichever is less, and (y) the Conversion Price for those Holders who became party to the Purchase Agreement after December 19, 2003 and who are officers or directors of the Company shall equal the greater of (1) 110% of the average of the VWAP for the ten Trading Days immediately prior to the date of the Purchase Agreement or the date of the Closing, whichever is less, and (2) the closing bid price of the Common Stock on the Trading Day immediately prior to the date that such Holder became party to the Purchase Agreement. -3- View More