Required Minimum

Required Minimum. Means, as of any date, two (2) times the maximum aggregate number of Common Stock then issued or potentially issuable in the future pursuant to the Transaction Documents, including any Conversion Shares issuable upon conversion in full of the Notes and Warrant Shares issuable upon exercise in full of the Warrants, ignoring any conversion or exercise limits set forth therein based, as of the date if initial Closing, on a conversion price of $0.40 and an exercise price of $0.87, respectively.

Required Minimum. Means, as of any date, the maximum aggregate number of shares of Common Stock then issued or potentially issuable in the future pursuant to the Warrants, including any Warrant Shares issuable upon exercise or conversion in full of all Warrants, ignoring any exercise limits set forth therein.

Required Minimum. As of any date, the maximum aggregate number of shares of Common Stock then issued or potentially issuable in the future pursuant to the Transaction Documents, including any New Underlying Shares issuable upon exercise in full of all New Warrants or conversion or redemption in full of all outstanding New Debentures (including Underlying Shares issuable as payment of interest on the Debenture), ignoring any conversion or exercise limits set forth therein, and assuming that the Conversion Price... is at all times on and after the date of determination 75% of the then Conversion Price on the Trading Day immediately prior to the date of determination. View More

Required Minimum. As of any date, the maximum aggregate number of shares of Common Stock then issued or potentially issuable in the future pursuant to the Transaction Documents, including any Underlying Shares issuable upon conversion in full of the Debentures issuable upon conversion in full of the Debentures, ignoring any conversion or exercise limits set forth therein

Required Minimum. Means, as of any date during the continuance of an Event of Default, 300% of the maximum aggregate number of shares of Common Stock issuable upon conversion in full of the Notes, ignoring any conversion limits set forth therein.

Required Minimum. Means, as of any date, two (2) times the maximum aggregate number of Common Shares then issued or potentially issuable in the future pursuant to the Transaction Documents, including any Conversion Shares issuable upon conversion in full of any outstanding Notes, ignoring any conversion limits set forth therein based on a conversion price of $0.07722. 5 "Requisite Holder" means the Lead Investor or any successor in interest to the Lead Investor that is mutually... agreed to by the Lead Investor and the Company. For the purposes of clarity hereunder, only one entity shall serve as the Requisite Holder at any time hereunder and the affirmative action or consent by the Requisite Holder shall bind all Investors hereunder. View More

Required Minimum. Means, as of any date, the maximum aggregate number of shares of INVO Common Stock then issued or potentially issuable in the future pursuant to the Transaction Documents and the Joinder Documents, including any Underlying Shares issuable upon conversion in full of all PubCo Senior Secured Convertible Debenture (including Underlying Shares issuable as payment of interest on the PubCo Senior Secured Convertible Debenture) and PubCo Preferred Shares, ignoring any conversion or exercise limits set... forth therein, and assuming that the Conversion Price is at all times on and after the date of determination 75% of the then Conversion Price on the Trading Day immediately prior to the date of determination. 3 View More

Required Minimum. Means, as of any date, 125% of the maximum aggregate number of shares of Common Stock then issuable in the future pursuant to the Transaction Documents, including any Conversion Shares issuable upon the exchange of all Shares, ignoring any exchange, conversion or exercise limits set forth therein, determined on the basis of the Exchange Rate (as defined in the Certificate of Designation), in each case as in effect on the Trading Day immediately prior to the date of determination.

Required Minimum. As of any date, 150% of the maximum aggregate a sufficient number of shares of Common Stock then issued or potentially issuable in the future pursuant to the Transaction Documents, including any Warrant Shares issuable upon exercise in full of the Warrant or Conversion Shares issuable upon conversion in full of the Note, ignoring any conversion or exercise limits set forth therein

Required Minimum. Means, as of any date, the maximum aggregate number of shares of Common Stock then issued or potentially issuable in the future pursuant to the shares of Series E Preferred Stock to be issued under this Agreement, ignoring any conversion or exercise limits set forth therein.