Conversion Shares

Conversion Shares. Means any of (x) the shares of Common Stock issued or issuable upon conversion of the outstanding shares of Series A Preferred Stock or (y) any securities issued or issuable with respect to the Series A Preferred Stock by way of conversion, exercise or exchange or any stock dividend or stock split or other pro rata distribution, or in connection with a combination of shares, recapitalization, merger, consolidation or other reorganization or otherwise.

Conversion Shares. Shall mean shares of Common Stock issued or issuable upon conversion of the Preferred Shares and/or upon exercise of the Warrants.

Conversion Shares. Such number of shares of Common Stock of the Company as is obtained by dividing the Relevant Debt by the lesser of (i) $1.05 and (ii) the 20 trading day average price of Telemonde Common Stock immediately prior to the Closing Date.

Conversion Shares. Means the Common Stock underlying the Company's Preferred Stock;

Conversion Shares. Means the Reserved Shares issued upon the conversion of the Series B Preferred Stock and the exercise of the New Warrants, collectively.

Conversion Shares. Shares of Common Stock issued upon conversion of shares of Convertible Preferred Stock.

Conversion Shares. Means the shares of Preferred Stock or Common Stock or debt instruments issuable upon conversion of this Note.

Conversion Shares. Means, collectively, the Ordinary Shares created upon conversion of the Series A Preference Shares.

Conversion Shares. Shall mean the shares of Common Stock of MJMD issued by MJMD pursuant to the terms hereof.

Conversion Shares. Means any shares of Common Stock issued and issuable pursuant to the Debentures.