Purchase Notice Limitation Option II means the lesser of: (i) a number of ADSs equal to two percent (2%) of the Commitment Amount divided by the closing price per ADS on the Principal Market on the Business Day immediately prior to the date the initial Commitment Securities are issued or (ii) a number of ADSs equal to $500,000 divided by Purchase Price II.
Purchase Notice Limitation Option II means the lessor of (i) $1,000,000 or (ii) the greater of (a) 300% of the Average Daily Trading Volume or (b) $300,000.
Purchase Notice Limitation Option II means the lesser of (i) a number of Common Shares equal to one and one-half percent (1.5%) of the Commitment Amount divided by the closing price per Common Share on the Principal Market on the Execution Date (as reported by Xxxxxxxxx) or (ii) $500,000.