Closing Threshold. For the twenty Trading Days immediately preceding such Closing Date, the average daily trading volume of the Common Stock on the NASDAQ National Market as reported by Bloomberg LP, shall be at least 120,000 shares and the closing bid price of a share of common stock of the Company as reported on the NASDAQ National Market for each of the Fifteen Trading Days preceding the Initial Put Notice or additional Put Notice which apply to such Closing shall not have been less than $1.50 nor greater than $5.00.
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Closing Threshold. For the twenty 10 Trading Days immediately preceding such the Series B Closing Date, the average daily trading volume of the Common Stock on the NASDAQ National Market as reported by Bloomberg LP, shall be at least 120,000 35,000 shares and the closing bid price of a share of common stock average of the Company as reported on the NASDAQ National Per Share Market Value for each of the Fifteen such 10 Trading Days preceding the Initial Put Notice or additional Put Notice which apply to such Closing Day period shall not have been less than $1.50 nor be greater than $5.00.8.00;
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Samples: Preferred Stock Purchase Agreement (Neotherapeutics Inc)
Closing Threshold. For the twenty thirty (30) Trading Days immediately preceding such the Closing Date, the average daily trading volume of the Common Stock on the NASDAQ National Market as reported by Bloomberg LP, shall be at least 120,000 50,000 shares and the closing bid price of a share of common stock average of the Company as reported on the NASDAQ National Per Share Market Value for each of the Fifteen such 30 Trading Days preceding the Initial Put Notice or additional Put Notice which apply to such Closing Day period shall not have been less than $1.50 nor be greater than $5.00.1;
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Samples: Information Architects Corp
Closing Threshold. For the twenty Trading Days immediately preceding such Closing Date, the average daily trading volume of the Common Stock on the NASDAQ National Nasdaq Stock Market as reported by Bloomberg LP, shall be at least 120,000 shares and the closing bid price of a share of common stock average of the Company as reported on Per Share Market Value for the NASDAQ National Market for each of the Fifteen twenty and five Trading Days Day period immediately preceding the Initial Put Notice or additional Put Notice which apply to such Closing Date shall not have been less than be at least $1.50 nor greater than 3.50 and $5.00.3.00, respectively (subject to adjustment in the event if stock splits and similar events); and
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Samples: Convertible Debenture Purchase Agreement (Eltrax Systems Inc)
Closing Threshold. For the twenty 20 Trading Days immediately preceding such Closing Date, the average daily trading volume of the Common Stock on the NASDAQ National Nasdaq Stock Market as reported by Bloomberg LP, shall be at least 120,000 220,000 shares and the closing bid price of a share of common stock average of the Company as reported on Per Share Market Value for such 20 Trading Day period shall be at least $3.00 (subject to adjustment in the NASDAQ National Market for each of the Fifteen Trading Days preceding the Initial Put Notice or additional Put Notice which apply to such Closing shall not have been less than $1.50 nor greater than $5.00.event if stock splits and similar events); and
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Samples: Convertible Debenture Purchase Agreement (Onemain Com Inc)
Closing Threshold. For the twenty 30 Trading Days immediately preceding such the Series B Closing Date, the average daily trading volume of the Common Stock on the NASDAQ National Market as reported by Bloomberg LP, shall be have been at least 120,000 shares 35,000 shares, and the closing bid price of a share of common stock of the Company as reported on the NASDAQ National Per Share Market Value for each of the Fifteen seven (7) Trading Days preceding the Initial Put Notice or additional Put Notice which apply to such Series B Closing Date shall not have been less than $1.50 nor be greater than $5.00.3.00;
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Samples: Convertible Preferred Stock Purchase Agreement (Ecogen Inc)