Examples of Variable Price in a sentence
The Holder’s election to rely on a Variable Price for a particular exercise of this Warrant shall not obligate the Holder to rely on a Variable Price for any future exercises of this Warrant.
DS Variable Price – The price in dollars per MWh, as set forth in Exhibit 1 hereto.
With respect to conversions at the Variable Price, such conversions hereunder shall be limited on a monthly basis, as follows: Until the First Note has been repaid in full: Conversions allowed up to $150,000; Thereafter: Conversions allowed up to $200,000.
Notwithstanding the foregoing, (i) the Holder shall have the right to convert up to $350,000 at the Variable Price for two months while this Note is outstanding and (ii) in the event that the Company’s Market Capitalization is below $5,000,000 for ten (10) consecutive days, there shall be no limitations on conversion of this Note at the Variable Price.