Volume Restriction. (a) Lender agrees that, with respect to the Conversion Shares, in any given calendar week its Net Sales (as defined below) of such Conversion Shares shall not exceed the greater of (i) fifteen percent (15%) of Debtor’s weekly dollar trading volume in such week (which, for purposes hereof, means the number of shares traded during such calendar week multiplied by the volume weighted average price per share (as reported by Bloomberg L.P.) for such calendar week), and (ii) $75,000 (the “Volume Restriction”). For purposes of this Amendment, the term “
Appears in 3 contracts
Samples: Amendment (Guided Therapeutics Inc), Guided Therapeutics Inc, Guided Therapeutics Inc
Volume Restriction. (a) Lender agrees that, with respect to the Conversion Shares, in any given calendar week its Net Sales (as defined below) of such Conversion Shares shall not exceed the greater of (i) fifteen percent (15%) of Debtor’s weekly dollar trading volume in such week (which, for purposes hereof, means the number of shares traded during such calendar week multiplied by the volume weighted average price per share (as reported by Bloomberg L.P.L.P .) for such calendar week), and (ii) $75,000 (the “Volume Restriction”). For purposes of this Amendment, the term “
Appears in 1 contract
Samples: Guided Therapeutics Inc
Volume Restriction. (a) Lender agrees that, with respect to the Conversion Shares, in any given calendar week its Net Sales (as defined below) of such Conversion Shares shall not exceed the greater of (i) fifteen percent (15%) of Debtor’s 's weekly dollar trading volume in such week (which, for purposes hereof, means the number of shares traded during such calendar week multiplied by the volume weighted average price per share (as reported by Bloomberg L.P.L.P .) for such calendar week), and (ii) $75,000 (the “"Volume Restriction”"). For purposes of this Amendment, the term “"
Appears in 1 contract
Samples: #3 (Guided Therapeutics Inc)