Required Initial Registration Amount

Required Initial Registration Amount. Means the sum of (i) 120% of the maximum number of Conversion Shares issued and issuable pursuant to the Initial Notes (determined without taking into account any limitations on the conversion of the Initial Notes set forth therein and assuming that the Initial Notes are convertible at the initial Conversion Price (as defined in the Initial Notes)), (ii) the maximum number of Interest Shares issued and issuable pursuant to the terms of the Initial Notes from the Initial Closing Date through the... maturity date of the Initial Notes (determined without taking into account any limitations on the conversion of the Initial Notes set forth therein and assuming that the Initial Notes are convertible at the initial Conversion Price (as defined in the Initial Notes)) and (iii) the maximum number of Warrant Shares issued and issuable pursuant to the Series A Warrants, in each case, as of the Trading Day (as defined in the Series A Warrants) immediately preceding the applicable date of determination (without taking into account any limitations on the exercise of the Series A Warrants set forth therein); provided, however, that the Required Additional Registration Amount will not include any Conversion Shares, Interest Shares and Warrant Shares that are no longer Initial Registrable Securities. View More

Required Initial Registration Amount. Means (i) 100% of the sum of (x) the Preferred Shares outstanding as of such date of determination and (y) the maximum number of Preferred Shares issuable upon exercise of the Preferred Warrants outstanding as of such date of determination, and (ii) 200% of the maximum number of Conversion Shares issuable upon conversion of the Preferred Shares outstanding as of the date of determination (assuming for purposes hereof that (x) the Preferred Shares are convertible at the applicable floor price as... of such date of determination, and (y) any such conversion shall not take into account any limitations on the conversion of the Preferred Shares set forth in the Certificate of Designations), all subject to adjustment as provided in Section 2(d) and/or Section 2(f). 2 View More