Existing Conversion Price definition

Existing Conversion Price means the applicable Conversion Price in effect immediately prior to such issue of Additional Shares of Common Stock; and
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Existing Conversion Price means the CO Conversion Price in effect immediately prior to the issuance of the Additional Securities.
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Existing Conversion Price shall have the meaning set forth in Section 6(c)(iii) hereof.
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Examples of Existing Conversion Price in a sentence

  • No adjustment in the conversion price shall be required if such adjustment is less than 1% of the then Existing Conversion Price; provided, however, that any adjustments which by reason of this Paragraph 4 (e) are not required to be made shall be carried forward and taken into account in any subsequent adjustment.

  • A = Number of Equity Shares deemed to be outstanding immediately prior to any such issuance of New Securities on a Fully-Diluted Basis including any Equity Shares to be issued under any ESOP or employee stock purchase plan approved by the Board, B = Aggregate purchase consideration received by the Company with respect to any such issuance of New Securities divided by the then-effective Existing Conversion Price, and C = Number of New Securities issued.

  • No adjustment in the Conversion Price shall be required if such adjustment is less than 1% of the then Existing Conversion Price; provided, however, that any adjustments which by reason of this Paragraph 5(f) are not required to be made shall be carried forward and taken into account in any subsequent adjustment.