Variable Rate Transaction Definition Example with 4 Variations

Variable Rate Transaction. Means means a transaction in which the Company (i) issues or sells any debt or equity securities that are convertible into, exchangeable or exercisable for, or include the right to receive, additional shares of Common Shares Stock either (A) at a conversion price, exercise price or exchange rate or other price that is based upon, and/or varies with, the trading prices of or quotations for the shares of Common Shares Stock at any time after the initial issuance of such debt or equity securities... or (B) with a conversion, exercise or exchange price that is subject to being reset at some future date after the initial issuance of such debt or equity security or upon the occurrence of specified or contingent events directly or indirectly related to the business of the Company or the market for the shares of Common Shares Stock or (ii) enters into, or effects a transaction under, any agreement, including, but not limited to, an equity line of credit, whereby the Company may issue securities at a future determined price. View More

Variable Rate Transaction. Means means a transaction in which the Company (i) (A) issues or sells any debt or equity securities that are convertible into, exchangeable or exercisable for, or include the right to receive, additional shares of Common Shares Stock either (A) (x) at a conversion price, exercise price or exchange rate or other price that is based upon, and/or varies with, the trading prices of or quotations for the Common Shares Stock at any time after the initial issuance of such debt or equity securities or... (B) (y) with a conversion, exercise or exchange price that is subject to being reset at some future date after the initial issuance of such debt or equity security or upon the occurrence of specified or contingent events directly or indirectly related to the business of the Company or the market for the Common Shares Stock or (ii) (B) enters into, or effects a transaction under, any agreement, including, but not limited to, an equity line of credit, whereby the Company may issue securities at a future determined price. View More

Variable Rate Transaction. Means shall mean a transaction in which the Company (i) (a) issues or sells any debt or equity securities that are convertible into, exchangeable or exercisable for, or include the right to receive, receive additional Common Shares either (A) (i) at a conversion price, exercise price or exchange rate or other price that is based upon, upon and/or varies with, with the trading prices of or quotations for the Common Shares at any time after the initial issuance of such debt or equity securities securities, or (B) (ii) with a conversion, exercise or exchange price that is subject to being reset at some future date after the initial issuance of such debt or equity security or upon the occurrence of specified or contingent events directly or indirectly related to the business of the Company or the market for the Common Shares or (ii) (b) enters into, or effects a transaction under, any agreement, including, but not limited to, an equity line of credit, whereby the Company may issue securities at a future determined price. price; provided however, that at-the-market (ATM) equity offerings shall not be included in the definition of Variable Rate Transaction. View More

Variable Rate Transaction. Means means a transaction in which the Company (i) issues or sells any debt or equity securities that are convertible into, exchangeable or exercisable for, or include the right to receive, receive additional Common Shares shares of common stock either (A) at a conversion price, conversion, exercise price or exchange rate or other price that is based upon, upon and/or varies with, with the trading prices of or quotations for the Common Shares shares of common stock at any time after the initial... issuance of such debt or equity securities securities, or (B) with a conversion, exercise or exchange price that is subject to being reset at some future date after the initial issuance of such debt or equity security or upon the occurrence of specified or contingent events directly or indirectly related to the business of the Company or the market for the Common Shares common stock or (ii) enters into, or effects a transaction under, into any agreement, including, but not limited to, an equity line of credit, whereby the Company may issue sell securities at a future determined price. View More