Conversion Discount definition

Conversion Discount means 0.80.
Conversion Discount means either 80% if the closing of the Qualified Financing occurs on or prior to March 1, 2017, or 70% if the closing of the Qualified Financing occurs after March 1, 2017.
Conversion Discount means 10%.

Examples of Conversion Discount in a sentence

  • The interest rate will automatically be adjusted to twenty-four percent (24%) per annum on all unpaid principal amount.(e) Conversion Discount.

  • Upon the closing of such Qualified Financing, all then outstanding principal on each Instrument shall automatically convert into that number of shares of capital stock issued in such Qualified Financing (the “Qualified Financing Securities”) equal to the quotient obtained by dividing (i) the outstanding principal amount of such Instrument by (ii) the lower of (x) the Conversion Discount Price (as defined below), or (y) the Capped Price (as defined below).

  • Join National NSSLHA for the last two years of your master’s or doctoral program to be eligible for $225 off the initial dues and fees of ASHA membership and certification through the NSSLHA to ASHA Conversion Discount.

  • The Conversion Discount represents a contingent beneficial conversion feature and will be accounted for when the contingency is resolved.

  • As this also results in a decrease in one or both of NABAT and NABBT for Ordinary Shareholders, it is not considered appropriate to offer a further Conversion Discount.


More Definitions of Conversion Discount

Conversion Discount. Lesser of: (i) A fixed price determined to be 115% of the closing bid price of the common shares on the Closing date; or (ii) 30% discount off the average of the previous 5 day closing bid price prior to conversion.
Conversion Discount means 2%, unless each Sustainability Performance Target has been met as at the applicable SPT Test Date, in which case the Conversion Discount will be 1%;
Conversion Discount means the conversion discount to be applied to the Outstanding Amount to be set out in the ASX Announcement, with such discount being not more than 50% of the aggregate Outstanding Amount.
Conversion Discount has the meaning ascribed to it in Section 5.1 hereof;
Conversion Discount means on any date of determination the applicable percentage of the Market Price for conversion of shares of Series C Preferred Stock into Common Shares on such day as set forth in Section 6.1.
Conversion Discount means 5%, as adjusted in accordance with clause 6.10;
Conversion Discount means 0.7.