Delay Payment Rate

Delay Payment Rate. Means (i) during the first two weeks of a Damages Accrual Period, an amount per week (or portion thereof) per share of Common Stock equal to 0.5% of the Per Share Purchase Price (as defined in the Securities Purchase Agreement) of such share, (ii) during the next two weeks of a Damages Accrual Period, an amount per week (or portion thereof) per share of Common Stock equal to 1% of the Per Share Purchase Price of such share, and (iii) during the remainder of a Damages Accrual Period, an amount... per week (or portion thereof) per share of Common Stock equal to 2% of the Per Share Purchase Price of such share. View More

Delay Payment Rate. Means (i) during the first two weeks of a Damages Accrual Period, an amount per week (or portion thereof) per share of Common Stock equal to 0.5% of the Fair Market Value of such share, (ii) during the next two weeks of a Damages Accrual Period, an amount per week (or portion thereof) per share of Common Stock equal to 1% of the Fair Market Value of such share, and (iii) during the remainder of a Damages ... Accrual Period, an amount per week (or portion thereof) per share of Common Stock equal to 2% of the Fair Market Value of such share. View More