Common use of MINIMUM BID PRICE AND WEIGHTED AVERAGE VOLUME Clause in Contracts

MINIMUM BID PRICE AND WEIGHTED AVERAGE VOLUME. The average of the Bid Prices and the Weighted Average Volume for the fifteen (15) Trading Days immediately preceding each of the Put Notice and the Closing Date, shall have equaled or exceeded $.50 and $100,000 respectively (as adjusted for stock splits, stock dividends, reverse stock splits, and similar events).

Appears in 2 contracts

Samples: Private Equity Credit Agreement (Imaging Diagnostic Systems Inc /Fl/), Private Equity Credit Agreement (Imaging Diagnostic Systems Inc /Fl/)

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MINIMUM BID PRICE AND WEIGHTED AVERAGE VOLUME. The average of the Bid Prices and the Weighted Average Volume for the fifteen (15) Trading Days immediately preceding each of the Put Notice and the Closing Date, shall have equaled or exceeded $.50 and .20and $100,000 40,000 respectively (as adjusted for stock splits, stock dividends, reverse stock splits, and similar events).. (l)

Appears in 2 contracts

Samples: Private Equity Credit Agreement (Imaging Diagnostic Systems Inc /Fl/), Private Equity Credit Agreement (Imaging Diagnostic Systems Inc /Fl/)

MINIMUM BID PRICE AND WEIGHTED AVERAGE VOLUME. The average of the Bid Prices and the Weighted Average Volume Volume, for the fifteen ten (1510) Trading Days immediately preceding each of the Put Notice and the Closing Date, shall have equaled or exceeded $.50 .025 and $100,000 5,000 respectively (as adjusted for stock splits, stock dividends, reverse stock splits, and similar events).

Appears in 1 contract

Samples: Registration Rights Agreement (NCT Group Inc)

MINIMUM BID PRICE AND WEIGHTED AVERAGE VOLUME. The average of the Bid Prices and the Weighted Average Volume for the fifteen (15) Trading Days immediately preceding each of the Put Notice and the Closing Date, shall have equaled or exceeded $.50 .10 and $100,000 20,000 respectively (as adjusted for stock splits, stock dividends, reverse stock splits, and similar events).

Appears in 1 contract

Samples: Equity Credit Agreement (Imaging Diagnostic Systems Inc /Fl/)

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MINIMUM BID PRICE AND WEIGHTED AVERAGE VOLUME. The average of the Bid Prices and the Weighted Average Volume for the fifteen (15) Trading Days immediately preceding each of the Put Notice and the Closing Date, shall have equaled or exceeded $.50 .75 and $100,000 150,000 respectively (as adjusted for stock splits, stock dividends, reverse stock splits, and similar events).. (l)

Appears in 1 contract

Samples: Private Equity Credit Agreement (Imaging Diagnostic Systems Inc /Fl/)

MINIMUM BID PRICE AND WEIGHTED AVERAGE VOLUME. The average of the Bid Prices and the Weighted Average Volume for the fifteen (15) Trading Days immediately preceding each of the Put Notice and the Closing Date, shall have equaled or exceeded $.50 0.75 and $100,000 50,000 respectively (as adjusted for stock splits, stock dividends, reverse stock splits, and similar events).

Appears in 1 contract

Samples: Private Equity Credit Agreement (Chequemate International Inc)

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