Original Conversion Price definition

Original Conversion Price means an amount equal to the Series A Preferred Shares Purchase Price. “paid-up” means paid-up and/or credited as paid-up.
Original Conversion Price means a conversion price of $0.40 per Unit;
Original Conversion Price shall be $2.20

Examples of Original Conversion Price in a sentence

  • The conversion price in effect on any Conversion Date shall be equal to the lesser of the Original Conversion Price or 87% of the average of the two (2) lowest daily VWAPs in the thirteen (13) Trading Days prior to the Conversion Date (“Conversion Price”).

  • The conversion price in effect on any Conversion Date shall be equal to the lesser of the Original Conversion Price or 85% of the lowest daily VWAP in the fifteen (15) trading days prior to the Conversion Date (“Conversion Price”).

  • The “Conversion Price” shall be an amount equal to the Original Conversion Price, subject to adjustment as provided in Section 5.

  • The conversion price in effect on any Conversion Date shall be the lesser of (i) the Original Conversion Price or (i) 62.5% of the lowest VWAP for the 15 consecutive Trading Days ending on the Trading Day immediately prior to such Conversion Date, subject to adjustment hereinbelow to the Alternate Conversion Price (the “Conversion Price”).

  • The conversion price in effect on any Conversion Date shall be equal to the Original Conversion Price of $1.01, as such amount may be adjusted, from time to time, pursuant to the provisions of Section 5 hereafter (the “Fixed Conversion Price”).


More Definitions of Original Conversion Price

Original Conversion Price means the volume-weighted price per share of Common Stock on the five (5) trading days prior to the date of initial Closing under the Purchase Agreement. Such Initial Conversion Price shall be adjusted to stock splits and the like.
Original Conversion Price means $5.83 per share of Common Stock.
Original Conversion Price means $1.00 per share of Series C Preferred Stock. .
Original Conversion Price means a conversion price of $0.30 per Series 1 Preferred Share;
Original Conversion Price shall be $1.25
Original Conversion Price means $0.55 per Common Share;
Original Conversion Price means a conversion price of $3.38 per Conversion Share;