Minimum Conversion Price. The Conversion Price may not be reduced so that, on a conversion of this Note, ADSs or Shares will be required to be issued in any circumstances not permitted by applicable Law.
Minimum Conversion Price. Notwithstanding anything to the contrary herein, in no case shall the Conversion Price be adjusted to an amount less than $0.001 per share, the current par value of the Common Stock.
Minimum Conversion Price. Notwithstanding the provisions of this Condition 6 the Conversion Price shall not in any event be reduced to below the nominal or par value of the Shares as a result of any adjustment hereunder unless under applicable law then in effect the Bonds may be converted at such reduced Conversion Price into legally issued, fully paid and non-assessable Shares.
Minimum Conversion Price. $9.27 per ordinary share of the Issuer (initially equal to the Share Reference Price).
Minimum Conversion Price. Notwithstanding the provisions of Paragraphs (3)(c) and (d), the Conversion Price shall not be reduced below the par value of the Common Shares (Won 500 at the date hereof) (as adjusted for stock dividends, combination or split with respect to such share) as a result of any adjustment made thereunder unless the requirements under applicable law then in effect have been met such that the Series A Preferred Shares may be converted at such reduced Conversion Price into legally issued, fully-paid and non-assessable Common Shares.
Minimum Conversion Price. Notwithstanding the provisions of this Condition 6, the Company undertakes that: (a) the Conversion Price shall not in any event be reduced to below the nominal or par value of the Shares as a result of any adjustment hereunder unless under applicable law then in effect the Bonds may be converted at such reduced Conversion Price into legally issued, fully paid and non-assessable Shares; and (b) it shall not take any action, and shall procure that no action is taken, that would otherwise result in an adjustment to the Conversion Price to below such nominal or par value or any minimum level permitted by applicable laws or regulations.
Minimum Conversion Price. Notwithstanding the provisions of this Condition 7 (Adjustments to the Conversion Price), the Issuer undertakes that: (a) the Conversion Price shall not in any event be reduced to below the nominal or par value of the Shares as a result of any adjustment hereunder unless under applicable Law then in effect the CB may be converted at such reduced Conversion Price into legally issued, fully-paid and non-assessable Shares; and
Minimum Conversion Price. Notwithstanding the provisions of this sub-Condition, the Conversion Price shall not be reduced below the par value of the Common Shares (Won 100 at the date hereof) as a result of any adjustment made hereunder unless under applicable law then in effect Bonds may be converted at such reduced Conversion Price into legally issued, fully-paid and non-assessable Common Shares.
Minimum Conversion Price. The Conversion Price shall not in any event be reduced to below the par value of the Ordinary Shares as a result of any adjustment hereunder unless under applicable law then in effect the Note may be converted at such reduced Conversion Price into legally issued, fully paid and non-assessable Ordinary Shares. The Company undertakes that it shall not take any action, and shall procure that no action is taken, that would otherwise result in an adjustment to the Conversion Price to below such par value or any minimum level permitted by applicable laws or regulations.
