Daily Dollar Volume definition
Daily Dollar Volume means, with respect to each Trading Day, the total volume of shares of the Common Stock traded on the respective Trading Day (as reported by Quotestream or other similar quotation service provider designated by the Buyer) multiplied by the highest traded price of the Common Stock on the respective Trading Day (as reported by Quotestream or other similar quotation service provider designated by the Buyer).
Daily Dollar Volume means, with respect to each Trading Day, the total volume of shares of the Common Stock traded on the respective Trading Day (including pre-market and after-market trades) as reported by Nasdaq or other quotation service provider designated by the Buyer multiplied by the VWAP (as defined in the Note) of the Common Stock on the respective Trading Day as reported by Nasdaq or other quotation service provider designated by the Buyer. The Company may at any time, at its option by giving irrevocable written notice to the Buyer, permit the Buyer’s sales of the Conversion Shares during the Leak Out Period to no longer be subject to the Leak Out.
Daily Dollar Volume means, with respect to each Trading Day, the total volume of shares of the Common Stock traded on the respective Trading Day (as reported by Quotestream or other similar quotation service provider designated by the Buyer) multiplied by the highest traded price of the Common Stock on the respective Trading Day (as reported by Quotestream or other similar quotation service provider designated by the Buyer). “Uplist Offering” shall mean an offering of Common Stock (or units consisting of Common Stock and warrants to purchase Common Stock) that will result in the immediate listing for trading of the Common Stock on the NYSE American, the Nasdaq Capital Market, the Nasdaq Global Market, the Nasdaq Global Select Market, the New York Stock Exchange, or any other national securities exchange (or any successors to any of the foregoing). Notwithstanding anything to the contrary contained herein, this Section 8(q) shall not apply to the Buyer’s sale of the Common Stock issued upon conversion of the Note and exercise of the Warrants if such sale is at a price per share equal to or greater than $0.02 (subject to adjustments for any stock dividend, stock split, stock combination, rights offerings, reclassification or similar transaction that proportionately decreases or increases the Common Stock).
Examples of Daily Dollar Volume in a sentence
The Buyer’s sale of the Conversion Shares, on each respective Trading Day during the Leak Out Period (as defined in this Agreement), shall be limited to the greater of (i) a gross dollar amount of $20,000.00 or (ii) 20% of the Daily Dollar Volume (as defined in this Agreement) on the respective Trading Day (the “Leak Out”).
More Definitions of Daily Dollar Volume
Daily Dollar Volume means, with respect to each Trading Day, the total volume of shares of the Common Stock traded on the respective Trading Day (including pre-market and after-market trades) as reported by Nasdaq or other quotation service provider designated by the Buyer multiplied by the VWAP (as defined in the Note) of the Common Stock on the respective Trading Day as reported by Nasdaq or other quotation service provider designated by the Buyer. If Buyer effectuates a conversion under the Note during the Leak Out Period, then the Company may request the trade activity confirmations from Buyer with respect to Buyer’s sale of the Conversion Shares during the three (3) Trading Days after the respective conversion date, for purposes of confirming compliance with this Section 8(r).
Daily Dollar Volume means, with respect to each Trading Day, the total volume of shares of the Common Stock traded on the respective Trading Day (as reported by Quotestream or other similar quotation service provider designated by the Holder) multiplied by the highest traded price of the Common Stock on the respective Trading Day (as reported by Quotestream or other similar quotation service provider designated by the Holder). "Uplist Offering" shall mean an offering of Common Stock (or units consisting of Common Stock and warrants to purchase Common Stock) that will result in the immediate listing for trading of the Common Stock on the NYSE American, the Nasdaq Capital Market, the Nasdaq Global Market, the Nasdaq Global Select Market, the New York Stock Exchange, or any other national securities exchange (or any successors to any of the foregoing).
Daily Dollar Volume means with respect to a Trading Day the product of (i) the VWAP for such Trading Day, multiplied by (ii) the daily volume for such day as reported by Bloomberg.
Daily Dollar Volume means on any Trading Day the product of (i) the VWAP of the Common Stock for such Trading Day, multiplied by (ii) the daily volume of the Common Stock for such Trading Day as reported by Bloomberg.
Daily Dollar Volume with respect to each Trading Day shall mean the product of (1) the number of shares of Common Stock traded on the Principal Market during such Trading Day as reported by Bloomberg, multiplied by (2) the VWAP for such Trading Day.