Equity Conditions Measuring Period definition

Equity Conditions Measuring Period means each day during the period beginning twenty (20) Trading Days prior to the applicable date of determination and ending on and including the applicable date of determination.

Equity Conditions Measuring Period shall have the meaning specified in the definition of “Equity Conditions.”

Equity Conditions Measuring Period means the period beginning twenty (20) Trading Days prior to the date of the applicable Milestone Payment and ending on and including such date.

Examples of Equity Conditions Measuring Period in a sentence

• Interest shall be payable on each Interest Payment Date in cash (“ Cash Interest”), however, the Company may, at its option, elect to, pay interest on any Interest Payment Date in validly issued, fully paid and non-assessable shares of Common Stock (as defined below) (“Interest Shares”) so long as each of the Equity Conditions are satisfied on each day during the Equity Conditions Measuring Period applicable to such Interest Payment Date.

• Notwithstanding the foregoing, the Company may only exercise the Company Conversion Option pursuant to Section 14.03(a) if, as evidenced by an Officer’s Certificate, each of the Equity Conditions are satisfied on each day during the Equity Conditions Measuring Period.

• Borrower shall pay this Note in lawful money of the United States of America and in immediately available funds or, at its option, in validly issued, fully paid and non-assessable shares of Common Stock (the “New Shares”), so long as each of the Equity Conditions are satisfied on each day during the Equity Conditions Measuring Period applicable to such Payment Date.

More Definitions of Equity Conditions Measuring Period

Equity Conditions Measuring Period means the period beginning thirty (30) Trading Days prior to the applicable date of determination and ending on and including the applicable date of determination.

Equity Conditions Measuring Period means each day during the period beginning twenty (20) Trading Days prior to the applicable date of determination and ending on and including the applicable date of determination or, if applicable, such shorter period beginning on the Original Issue Date and ending on and including the applicable date of determination.

Equity Conditions Measuring Period shall have the meaning provided in Section 14.12(c).

Equity Conditions Measuring Period means the period (x) commencing on the Payment Notice Date with respect to such payment is delivered to Lender and (y) ending on the applicable Payment Date.

Equity Conditions Measuring Period means the period commencing on the date of the Borrower Conversion Notice and ending on the related Borrower Conversion Date.

Equity Conditions Measuring Period shall have the meaning specified in Section 6.11(d).

Equity Conditions Measuring Period means each day during the period beginning thirty (30) Trading Days immediately prior to the applicable date of determination and ending on and including the applicable date of determination; provided, however, if the event requiring the satisfaction of the Equity Conditions is a Mandatory Conversion, the Equity Conditions Measuring Period shall mean the applicable date of determination.