Conversion Rate shall have the meaning specified in Section 14.01(a).
Mandatory Conversion shall have the meaning set forth in Section 6.
Conversion Ratio means the ratio (expressed as the number of Shares to which one Warrant relates) specified by the Issuer, subject to adjustments in accordance with these Conditions.
Conversion and “Converted” each refers to a conversion of Advances of one Type into Advances of the other Type pursuant to Section 2.08 or 2.09.
New Conversion Price means the amount determined in accordance with the following formula, which shall apply from the QTE Effective Date: NCP = ECP * (VWAPAES / VWAPOS) where:
Optional Conversion means the conversion of any Convertible Preferred Stock other than a Mandatory Conversion.
Conversion Price shall have the meaning set forth in Section 4(b).
Conversion Notice has the meaning specified in Section 4.02(b).