Common use of Minimum Conversion Price Clause in Contracts

Minimum Conversion Price. Notwithstanding anything to the contrary herein, in no case shall the Conversion Price be adjusted to an amount less than $.001 per share, the current par value of the Common Stock.

Appears in 2 contracts

Samples: Subscription Agreement (Nephros Inc), Subscription Agreement (Nephros Inc)

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Minimum Conversion Price. Notwithstanding anything to the contrary herein, in no case shall the Conversion Price be adjusted to an amount less than $.001 0.001 per share, the current par value of the Common Stock.

Appears in 2 contracts

Samples: Note (Nephros Inc), Subscription Agreement (Nephros Inc)

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