Closing Threshold. For the twenty Trading Days immediately preceding such Closing Date, the average daily trading volume of the Common Stock on the Nasdaq Stock Market as reported by Bloomberg LP, shall be at least 120,000 shares and the average of the Per Share Market Value for the twenty and five Trading Day period immediately preceding such Closing Date shall be at least $3.50 and $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 Stock Market as reported by Bloomberg LP, shall be at least 120,000 220,000 shares and the average of the Per Share Market Value for the twenty and five such 20 Trading Day period immediately preceding such Closing Date shall be at least $3.50 and $3.00, respectively 3.00 (subject to adjustment in the 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 10 Trading Days immediately preceding such the Series B Closing Date, the average daily trading volume of the Common Stock on the Nasdaq Stock Market as reported by Bloomberg LP, NASDAQ shall be at least 120,000 35,000 shares and the average of the Per Share Market Value for the twenty and five such 10 Trading Day period immediately preceding such Closing Date shall be at least greater than $3.50 and $3.00, respectively (subject to adjustment in the event if stock splits and similar events); and8.00;
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Samples: Preferred Stock Purchase Agreement (Neotherapeutics Inc)
Closing Threshold. For the twenty Trading Days immediately preceding such Closing Date, the average daily trading volume of the Common Stock on the Nasdaq Stock NASDAQ National Market as reported by Bloomberg LP, shall be at least 120,000 shares and the average closing bid price of a share of common stock of the Per Share Company as reported on the NASDAQ National Market Value for each of the twenty and five Fifteen Trading Day period immediately Days preceding the Initial Put Notice or additional Put Notice which apply to such Closing Date shall be at least not have been less than $3.50 and 1.50 nor greater than $3.00, respectively (subject to adjustment in the event if stock splits and similar events); and5.00.
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