Installment Conversion Price. Subject to the adjustments set forth herein, the conversion price for each Installment Conversion (the “Installment Conversion Price”) shall be the lesser of (a) the Lender Conversion Price, and (b) the Market Price.
Appears in 4 contracts
Samples: Securities Purchase Agreement (Drone Guarder, Inc.), Securities Purchase Agreement (Reac Group, Inc.), Secured Convertible Promissory Note (Silver Dragon Resources Inc.)
Installment Conversion Price. Subject to the adjustments set forth herein, the conversion price for each Installment Conversion (the “Installment Conversion Price”) shall be the lesser of (ai) the Lender Conversion Price, and (bii) the Market Price.
Appears in 2 contracts
Samples: Securities Purchase Agreement (Infrax Systems, Inc.), Securities Purchase Agreement (Homeland Resources Ltd.)
Installment Conversion Price. Subject to the adjustments set forth herein, the conversion price for each Installment Conversion (the “"Installment Conversion Price”") shall be the lesser of (a) the Lender Conversion Price, and (b) the Market Price.
Appears in 1 contract
