Held Shares Value Definition Example with 5 Variations

This page contains an example definition of Held Shares Value, followed by definitions with minor variations. You can view the differences between the example and variations by selecting the "Show Differences" option.
Held Shares Value. Means, for shares of Common Stock acquired by the Investor upon a conversion of a Debenture within the thirty (30) days preceding the Restricted Sale Date, but not yet sold by the Investor, the principal amount of the Debentures converted into such Conversion Shares; provided, however, that if the Investor effected more than one such conversion during such thirty (30) day period and sold less than all of such shares, the sold shares shall be deemed to be derived first from the conversions in... the sequence of such conversions (that is, for example, until the number of shares from the first of such conversions have been sold, all shares shall be deemed to be from the first conversion; thereafter, from the second conversion until all such shares are sold). View More Arrow

Variations

Held Shares Value. Means, for shares of Common Stock acquired by the Investor upon a conversion of a Debenture within the thirty (30) days twenty (20) Trading Days (excluding any Trading Days on which the on which the Investor is restricted from making sales of Registrable Securities covered by any previously effective Registration Statement) preceding the Restricted Sale Date, but not yet sold by the Investor, the principal amount of the Debentures converted into such Conversion Shares; provided, however, that... if the Investor effected more than one such conversion during such thirty (30) day twenty (20) Trading Day period and sold less than all of such shares, the sold shares shall be deemed to be derived first from the conversions in the sequence of such conversions (that is, for example, until the number of shares from the first of such conversions have been sold, all shares share s shall be deemed to be from the first conversion; thereafter, from the second conversion until all such shares are sold). View More Arrow
Held Shares Value. Means, means, for shares of Common Stock acquired by the Investor upon a conversion of a Debenture Purchased Shares within the thirty (30) days preceding the Restricted Sale Date, but not yet sold by the Investor, the principal amount Stated Value of the Debentures Purchased Shares converted into such Conversion Shares; provided, however, that if the Investor effected more than one such conversion during such thirty (30) day period and sold less than all of such shares, the sold shares shall be... deemed to be derived first from the conversions in the sequence of such conversions (that is, for example, until the number of shares from the first of such conversions have been sold, all shares shall be deemed to be from the first conversion; thereafter, from the second conversion until all such shares are sold). View More Arrow
Held Shares Value. Means, means, for shares of Common Stock acquired by the Investor upon a conversion of a Debenture Debentures within the thirty (30) days twenty (20) Trading Days (excluding any Trading Days during which the Investor is restricted from making sales of Registrable Securities covered by any previously effective Registration Statement) preceding the Restricted Sale Date, but not yet sold by the Investor, the principal amount of the Debentures converted into such Conversion Shares; provided,... however, that if the Investor effected more than one such conversion during such thirty (30) day twenty (20) Trading Day period and sold less than all of such shares, the sold shares shall be deemed to be derived first from the conversions in the sequence of such conversions (that is, for example, until the number of shares from the first of such conversions have been sold, all shares shall be deemed to be from the first conversion; thereafter, from the second conversion until all such shares are sold). View More Arrow
Held Shares Value. Means, for shares of Common Stock acquired by the Investor upon a conversion of a Debenture within the thirty (30) days twenty (20) Trading Days (excluding any Trading Days on which the on which the Investor is restricted from making sales of Registrable Securities covered by any previously effective Registration Statement) preceding the Restricted Sale Date, but not yet sold by the Investor, the principal amount of the Debentures converted into such Conversion Shares; provided, however, that... if the Investor effected more than one such conversion during such thirty (30) day twenty (20) Trading Day period and sold less than all of such shares, the sold shares shall be deemed to be derived first from the conversions in the sequence of such conversions (that is, for example, until the number of shares from the first of such conversions have been sold, all shares shall be deemed to be from the first conversion; thereafter, from the second conversion until all such shares are sold). View More Arrow
Held Shares Value. Means, for shares of Common Stock acquired by the Investor upon a conversion of a Debenture within the thirty (30) days twenty (20) Trading Days (excluding any Trading Days on which the on which the Investor is restricted from making sales of Registrable Securities covered by any previously effective Registration Statement) preceding the Restricted Sale Date, but not yet sold by the Investor, the principal amount of the Debentures converted into such Conversion Shares; provided, however, that... if the Investor effected more than one such conversion during such thirty (30) day twenty (20) Trading Day period and sold less than all of such shares, the sold shares shall be deemed to be derived first from the conversions in the sequence of such conversions (that is, for example, until the number of shares from the first of such conversions have been sold, all shares shall be deemed to be from the first conversion; thereafter, from the second conversion until all such shares are sold). View More Arrow
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