Fractional Percentage
Fractional Percentage. Means, with respect to a Holder, (i) the aggregate number of shares of Common Stock issuable to such Holder upon conversion of all shares of Preferred Stock held by such Holder on the date of determination, divided by (ii) the aggregate number of shares of Common Stock issuable to all Holders upon conversion of all shares of Preferred Stock outstanding on the date of determination.
All Definitions
Found in
USA EQUITIES CORP. contract