Applicable Conversion Value definition

Applicable Conversion Value means the Applicable Conversion Value of the Preferred Stock under Section 5(c) of Exhibit A.

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Applicable Conversion Value means the Series A-0 Conversion Value, the Series A-1 Conversion Value, the Series A-2 Conversion Value, the Series A-3 Conversion Value or the Series A-4 Conversion Value, as applicable.

Applicable Conversion Value shall have the meaning assigned to such term in the Articles of Amendment.

Examples of Applicable Conversion Value in a sentence

The Applicable Conversion Value, as so adjusted, shall be readjusted in the same manner upon the happening of any successive Extraordinary Common Stock Event or Events.
The Applicable Conversion Value, as so adjusted, shall be readjusted in the same manner upon the happening of any successive event or events described herein in this Section 3.06.
At the time of each Advance, the Company will also issue a Warrant in the name of the Purchaser providing for the purchase of Warrant Shares equal to the principal amount of the Advance divided by the Applicable Conversion Value (as defined herein), in exchange for a warrant purchase price equal to $.10 per Warrant Share issued, payable by the Purchaser within 60 days after the date of the Advance.
The undersigned further agrees to waive any right the undersigned might otherwise have to an adjustment to the Applicable Conversion Value pursuant to Section 5(d)(i)(A) of the Certificate of Designation as a result of the dividend to be declared and paid to the undersigned pursuant to Section 1(c)(i) of this Agreement.
For purposes of computation of the Applicable Conversion Value, if part or all of the consideration to be received by the Company in connection with the issuance of shares of Common Stock or any of the other securities described in this Article III consists of property other than cash, such consideration shall be deemed to have a fair market value that is reasonably determined in good faith by the Board of Directors.

More Definitions of Applicable Conversion Value

Applicable Conversion Value. For the purposes of Section 3.06, the Applicable Principal Conversion Value and the Applicable Interest Conversion Value are

Applicable Conversion Value shall have the meaning assigned to such term in the Certificate of Incorporation.

Applicable Conversion Value shall be computed as follows:

Applicable Conversion Value means the Series A2-0 Conversion Value, the Series A2-1 Conversion Value, the Series A2-2 Conversion Value, the Series A2-3 Conversion Value or the Series A2-4 Conversion Value, as applicable.

Applicable Conversion Value means, for each Trading Day on which the Trading Price of the Notes is measured, the Conversion Value, in effect on such Trading Day at the time the Trading Price is determined.

Applicable Conversion Value. For the purposes of Section 3.06, the Applicable Principal Conversion Value and the Applicable Interest Conversion Value are collectively referred to as the "Applicable Conversion Value." (d) Market Price: The term "Market Price" shall mean the average of the per share daily closing prices of Common Stock for the 10 consecutive business days beginning with the first day of the fiscal quarter in which the interest to be converted accrued. The closing price for each day shall be (i) the last reported sales price or, in case no such reported sale takes place on such day, the average of the reported closing bid and ask prices, in either case on the principal national securities exchange on which the Common Stock is listed or admitted to trading or, if the Common Stock is not listed or admitted to trading on any national securities exchange, on NASDAQ, (ii) if the Common Stock is not listed or admitted to trading on any national securities exchange or quoted on NASDAQ, the average of the closing bid and asked prices in the over-the-counter market as furnished by any New York Stock Exchange member firm reasonably selected from time to time by the Company for that purpose, or (iii) if the Common Stock is not listed or admitted to trading on any national securities exchange or quoted on NASDAQ and the average price cannot be determined as contemplated by clause (ii), the fair market value as reasonably determined in good faith by the Company's Board of Directors or in any manner reasonably prescribed by the Company's Board of Directors. For the purposes of this Section

Applicable Conversion Value shall have the meaning assigned to such term in the Certificate of Designation. "Articles of Incorporation" shall mean the Articles of Incorporation of the Company, including all amendments, modifications or supplements thereto. "Bank Credit Agreement" shall mean the Credit Agreement, dated as of the Closing Date, between the Company and First Interstate Bank of California. "Bank Loan Documents" shall mean each of the Loan Documents (as such term is defined in the Bank Credit Agreement).