ORIGINAL NUMBER OF CONVERSION SHARES definition

ORIGINAL NUMBER OF CONVERSION SHARES means the number of Conversion Shares as of the Closing (assuming that all conditions precedent to receipt of Conversion Shares in respect of the then-outstanding shares of Series A Preferred Stock have occurred, including conversion of the Series A Preferred Stock and receipt by the Company of the Shareholder Approval), which number shall be adjusted in accordance with any adjustment made to the number of Conversion Shares issuable upon conversion of the Series A Preferred Stock pursuant to the Series A Certificate of Designations. For the purposes of determining the percentage of the Original Number of Conversion Shares that is Beneficially Owned by the Investor, any Designated Purchaser or any of their respective Affiliates, such calculation shall be made assuming all conditions precedent to receipt of Conversion Shares in respect of the then-outstanding shares of Series A Preferred Stock have occurred or been satisfied, including receipt by the Company of the Shareholder Approval and conversion of the Series A Preferred Stock in accordance with the terms thereof.
Sample 1Sample 2
ORIGINAL NUMBER OF CONVERSION SHARES means the number of Conversion Shares as of the Closing (assuming that all conditions precedent to receipt of Conversion Shares in respect of the then-outstanding shares of Senior Preferred Stock has occurred, including, conversion of the Senior Preferred Stock), which number shall be adjusted in accordance with any adjustment made to the number of Conversion Shares issuable upon conversion of the Senior Preferred Stock pursuant to the provisions set forth in Article IX of each
Sample 1Sample 2
ORIGINAL NUMBER OF CONVERSION SHARES means the number of Conversion Shares as of the Initial Closing (assuming that all conditions precedent to receipt of Conversion Shares in respect of the then-outstanding shares of Senior Preferred Stock have occurred, including conversion of the Senior Preferred Stock), which number shall be adjusted in accordance with any adjustment made to the number of Conversion Shares issuable upon conversion of the Senior Preferred Stock pursuant to the provisions set forth in Article IX of each
Sample 1Sample 2

More Definitions of ORIGINAL NUMBER OF CONVERSION SHARES

ORIGINAL NUMBER OF CONVERSION SHARES means the number of Conversion Shares as of the Initial Closing (assuming that all conditions precedent to receipt of Conversion Shares in respect of the then-outstanding shares of Senior Preferred Stock have occurred, including conversion of the Senior Preferred Stock), which number shall be adjusted in accordance with any adjustment made to the number of Conversion Shares issuable upon conversion of the Senior Preferred Stock pursuant to the provisions set forth in Article IX of each Senior Certificate of Designations. For the purposes of this definition, from and after the Option Closing, the Conversion Shares issuable in respect of the Option Shares shall be deemed to have existed as of and following the Initial Closing. For the purposes of determining the percentage of the Original Number of Conversion Shares that is Beneficially Owned by the Investor, any Designated Purchaser or any of their respective Affiliates, such calculation shall be made assuming all conditions precedent to receipt of Conversion Shares in respect of the then-outstanding shares of Senior Preferred Stock have occurred or been satisfied, including, without limitation, receipt by the Company of the necessary Shareholder Approvals and conversion of the Senior Preferred Stock in accordance with the terms thereof.
Sample 1
ORIGINAL NUMBER OF CONVERSION SHARES means the number of
Sample 1

Related to ORIGINAL NUMBER OF CONVERSION SHARES

  • Interest Conversion Shares shall have the meaning set forth in Section 2(a).

  • Conversion Shares means, collectively, the shares of Common Stock issuable upon conversion of the shares of Preferred Stock in accordance with the terms hereof.

  • Common Warrant Shares means the shares of Common Stock issuable upon exercise of the Common Warrants.

  • Conversion Share means any share of Common Stock issued or issuable upon conversion of any Note.

  • Conversion Stock means shares of Common Stock issued upon conversion of the Preferred Stock.

  • Pre-Funded Warrant Shares means the shares of Common Stock issuable upon exercise of the Pre-Funded Warrants.

  • Conversion Shares Registration Statement means a registration statement that registers the resale of the Conversion Shares of the Holders, who shall be named as “selling stockholders” therein and meets the requirements of the Registration Rights Agreement.

  • Additional Shares shall have the meaning specified in Section 14.03(a).

  • Warrant Share Delivery Date shall have the meaning set forth in Section 2(d)(i).

  • Series B Conversion Price means, as of the applicable Conversion Date, the greater of (A) the average of the Market Values of the Common Stock for the five consecutive Trading Days preceeding (but not including) such Conversion Date, or (B) the then effective Series B Minimum Conversion Price.

  • Conversion Amount means the sum of the Stated Value at issue.

  • Interest Share Amount shall have the meaning set forth in Section 2(a).

  • Initial Conversion Price has the meaning specified in Section 13.01.

  • Warrant Share Number means at any time the aggregate number of shares of Warrant Stock which may at such time be purchased upon exercise of this Warrant, after giving effect to all prior adjustments and increases to such number made or required to be made under the terms hereof.

  • New Conversion Price means the amount determined in accordance with the following formula, which shall apply from the QTE Effective Date: NCP = ECP * (VWAPAES / VWAPOS) where:

  • Warrant Shares means the shares of Common Stock issuable upon exercise of the Warrants.

  • Warrant Stock means Common Stock issuable upon exercise of any Warrant or Warrants or otherwise issuable pursuant to any Warrant or Warrants.

  • Class B Warrants means the Common Stock purchase warrants delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof, which Warrants shall be exercisable immediately and have a term of exercise equal to 5 years, in the form of Exhibit C attached hereto.

  • Series B-2 Preferred Stock means shares of the Company’s Series B-2 Preferred Stock, par value $0.001 per share.

  • Series B Warrants means, collectively, the Series B Common Stock purchase warrants delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof and the other Series B Warrants contemplated under Section 2.1 to be issued concurrently at the Closing, which Series B Warrants shall be exercisable beginning immediately and have a term of exercise equal to five (5) years, in the form of Exhibit B-2 attached hereto.

  • Company Conversion Price means, the lower of (i) the applicable Conversion Price and (ii) that price which shall be computed as ninety five percent (95%) of the lowest Volume Weighted Average Price of the Common Stock during the fifteen (15) consecutive Trading Days immediately preceding the applicable Installment Date. All such determinations to be appropriately adjusted for any stock split, stock dividend, stock combination or other similar transaction.

  • Commitment Shares shall have the meaning set forth in Section 12.04.

  • Series C Preferred Shares means the Company’s series C preferred shares, par value US$0.00001 per share.

  • Existing Preferred Stock means, collectively, the outstanding shares of the Series E 6% Convertible Preferred Stock of the Corporation.

  • Date of Conversion Conversion Price:_______________________________________________________________ Shares To Be Delivered:_________________________________________________________ Signature:______________________________________________________________________ Print Name:_____________________________________________________________________ Address:________________________________________________________________________

  • PIPE Shares shall have the meaning given in the Recitals hereto.