Corporation Conversion. In the event that the Closing Price of the Common Stock exceeds 200% of the Conversion Price with respect to a Series A Preferred Stock for any 20 consecutive Trading Days, upon a conversion of any Series A Preferred Stock pursuant to a Corporation Conversion Notice, the Corporation shall issue to the Holder of such Series A Preferred Stock a number of Conversion Shares equal to (a) the Original Issue Price multiplied by (b) the number of such Series A Preferred Stock subject to the Corporation Conversion Notice divided by (c) the Conversion Price with respect to such Series A Preferred Stock.
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Samples: Securities Purchase Agreement (Ascent Solar Technologies, Inc.), Securities Purchase Agreement (Ascent Solar Technologies, Inc.)
Corporation Conversion. In the event that the Closing Price of the Common Stock exceeds 200300% of the Conversion Price with respect to a Series A B Preferred Stock for any 20 consecutive Trading Days, upon a conversion of any Series A B Preferred Stock pursuant to a Corporation Conversion Notice, the Corporation shall issue to the Holder of such Series A B Preferred Stock a number of Conversion Shares equal to (a) the Original Issue Early Redemption Price multiplied by (b) the number of such Series A B Preferred Stock subject to the Corporation Conversion Notice divided by (c) the Conversion Price with respect to such Series A B Preferred Stock.
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Samples: Stock Purchase Agreement (VelaTel Global Communications, Inc.)
Corporation Conversion. In the event that the Closing Price of the Common Stock exceeds 200300% of the Conversion Price with respect to a Series A B Preferred Stock for any 20 consecutive Trading Days, upon a conversion of any Series A 8 Preferred Stock pursuant to a Corporation Conversion Notice, the Corporation shall issue to the Holder of such Series A B Preferred Stock a number of Conversion Shares equal to (a) the Original Issue Early Redemption Price multiplied by (b) the number of such Series A B Preferred Stock subject to the Corporation Conversion Notice divided by (c) the Conversion Price with respect to such Series A B Preferred Stock.
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Samples: Stock Purchase Agreement (East Coast Diversified Corp)
Corporation Conversion. In the event that the Closing Price of the Common Stock exceeds 200250% of the Conversion Price with respect to a Series A Preferred Stock for any 20 consecutive Trading Days, upon a conversion of any Series A Preferred Stock pursuant to a Corporation Conversion Notice, the Corporation shall issue to the Holder of such Series A Preferred Stock a number of Conversion Shares equal to (a) the Original Issue Early Redemption Price multiplied by (b) the number of such Series A Preferred Stock subject to the Corporation Conversion Notice divided by (c) the Conversion Price with respect to such Series A Preferred Stock.
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Samples: Securities Purchase Agreement (Digital Development Group Corp)
Corporation Conversion. In the event that the Closing Price of the Common Stock exceeds 200% of the Conversion Price with respect to a Series A H Preferred Stock for any 20 consecutive Trading Days, upon a conversion of any Series A H Preferred Stock pursuant to a Corporation Conversion Notice, the Corporation shall issue to the Holder of such Series A H Preferred Stock a number of Conversion Shares equal to (a) the Original Issue Early Redemption Price multiplied by (b) the number of such Series A H Preferred Stock subject to the Corporation Conversion Notice divided by (c) the Conversion Price with respect to such Series A H Preferred Stock.
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Samples: Preferred Stock Purchase Agreement (POSITIVEID Corp)
Corporation Conversion. In the event that the Closing Price of the Common Stock exceeds 200% of the Conversion Price with respect to a Series A Preferred Stock for any 20 consecutive Trading Days, upon a conversion of any Series A Preferred Stock pursuant to a Corporation Conversion Notice, the Corporation shall issue to the Holder of such Series A Preferred Stock a number of Conversion Shares equal to (a) the Original Issue Early Redemption Price multiplied by (b) the number of such Series A Preferred Stock subject to the Corporation Conversion Notice divided by (c) the Conversion Price with respect to such Series A Preferred Stock.
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