Conversion Shares

Conversion Shares. Has the meaning specified in the preamble to this Agreement.

Conversion Shares. Means the Common Stock issuable upon conversion of the Shares (as defined below) pursuant to the terms of the Certificate of Designations.

Conversion Shares. Has the meaning set forth in the Purchase Agreement.

Conversion Shares. Means, in connection with any conversion pursuant to Section 4.1 to be consummated: that whole number of fully paid and nonassessable shares of Common Stock as is equal, subject to Section 4.3, to the product of the number of shares of Preferred Stock being so converted multiplied by the quotient of (a) the Accreted Value plus all Accrued Dividends through the applicable Conversion Date divided by (b) the Conversion Price then in effect.

Conversion Shares. Has the meaning set forth in the third WHEREAS clause.

Conversion Shares. Means, collectively, (i) the shares of Common Stock issued or issuable upon conversion of the Preferred Shares and (ii) any securities paid, issued or distributed in respect of any shares of Common Stock referred to in clause (i) by way of stock dividend or distribution or stock split or in connection with a combination of shares, recapitalization, reorganization, merger, consolidation or otherwise.

Conversion Shares. Means the Initial Conversion Shares and the Conditional Conversion Shares.

Conversion Shares. Shall have the meaning defined in the Letter Agreement.

Conversion Shares. Means the Series A Conversion Shares, in accordance with the terms set forth in the Certificate of Designation.

Conversion Shares. Collectively, the Common Shares issuable upon conversion of the Preferred Shares in accordance with the terms hereof.