Current Conversion Price definition

Current Conversion Price means the Conversion Price immediately before the occurrence of any event, which, pursuant to Section 2.3.4(c), causes an adjustment to the Conversion Price.

Current Conversion Price. The term "Current Conversion Price" means the Conversion Price as most recently adjusted pursuant to Section 3.06.

Current Conversion Price means the Conversion Price as most recently adjusted pursuant to Section 3.06.

Examples of Current Conversion Price in a sentence

• Current Conversion Price: The term "Current Conversion Price" means the Conversion Price as most recently adjusted pursuant to Section 6.06.

• To the extent that the issuance (or deemed issuance) of Borrower Common Stock shall not result in any adjustment of the Current Conversion Price pursuant to the provisions of this Section 10.04.E then such Borrower Common Stock shall not be taken into account for purposes of determining any adjustment under clause (B) of Section 10.04.C hereof.

• The Corporation shall, upon the written request at any time of any holder of Series E Stock, furnish or cause to be furnished to such holder a like certificate setting forth (A) such adjustment and readjustment, (B) the Current Conversion Price at the time in effect, and (C) the number of shares of Common Stock and the amount, if any, of other property which at the time would be received upon the conversion of a share of Series E Stock.

• The corporation shall, upon the written request at any time of any holder of Series C Stock, furnish or cause to be furnished to such holder a like certificate setting forth (A) such adjustment and readjustment, (B) the Current Conversion Price at the time in effect, and (C) the number of shares of Common Stock and the amount, if any, of other property which at the time would be received upon the conversion of a share of Series C Stock.

• Such conversion of Term Loans and simultaneous advance and conversion of the Commitment to Shares shall be made at an amount per Share which is equal to the then Current Conversion Price, as further described below.

More Definitions of Current Conversion Price

Current Conversion Price means the Conversion Price

Current Conversion Price. The term "Current Conversion Price" means the Conversion Price as most recently adjusted pursuant to Section 6.06.

Current Conversion Price as used herein shall mean the Conversion Price, as the same may be adjusted from time to time as hereinafter provided, in effect at any given time. In determining the Current Conversion Price, the result shall be expressed to the nearest $0.01, but any such lesser amount shall be carried forward and shall be considered at the time of (and together with) the next subsequent adjustment which, together with any adjustments to be carried forward, shall amount to $0.01 per Share or more.

Current Conversion Price means US $2.50 per Common Share subject to adjustment as hereinafter provided, regardless of the Common Share price in effect at the time of such adjustment provided that such price shall always be expressed to one-tenth of one cent, rounded upwards;

Current Conversion Price with respect to a series of Preferred Stock, shall mean the Conversion Price immediately before the occurrence of any event, which, pursuant to Section 5(c), causes an adjustment to the Conversion Price of such series of Preferred Stock.

Current Conversion Price means each Conversion Price immediately before the occurrence of any event, which, pursuant to Section 6.3, causes an adjustment to any such Conversion Price.

Current Conversion Price has the meaning set forth in ------------------------ Section 6.3 hereof.