Per Share Interest Conversion Price

Example Definitions of "Per Share Interest Conversion Price"
Per Share Interest Conversion Price. Equal to 85% of the average closing bid prices of the Common Stock over the twenty (20) consecutive trading day period immediately preceding the payment date (rounded to the nearest 1/100th of one cent), but in no event lower than sixty cents ($0.60) per share of Common Stock (subject to Paragraph 3(e))
Found in BARFRESH FOOD GROUP INC. contract
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