Common use of Conversion Shares Issuable Upon Conversion Clause in Contracts

Conversion Shares Issuable Upon Conversion. The number of Conversion Shares issuable upon a conversion hereunder shall be determined by the quotient obtained by dividing (x) the outstanding principal amount of this Note to be converted, plus at the Holder’s option, any accrued and unpaid interest thereon to be converted, by (y) the Conversion Price.

Appears in 8 contracts

Samples: Securities Purchase Agreement (Cardax, Inc.), Securities Purchase Agreement (Cardax, Inc.), Securities Purchase Agreement (Cardax, Inc.)

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Conversion Shares Issuable Upon Conversion. The number of Conversion Shares issuable upon a conversion hereunder shall be determined by the quotient obtained by dividing (x) the outstanding principal amount of this Note to be converted, plus at the Holder’s option, any accrued and unpaid interest thereon to be converted, by (y) the Conversion Price.

Appears in 8 contracts

Samples: Securities Purchase Agreement (Cardax, Inc.), Securities Purchase Agreement (Cardax, Inc.), Securities Purchase Agreement (Cardax, Inc.)

Conversion Shares Issuable Upon Conversion. The number of Conversion Shares issuable upon a conversion hereunder shall be determined by the quotient obtained by dividing (x) the outstanding principal amount of this Note to be converted, plus at converted and/or interest elected by the Holder’s option, any accrued and unpaid interest thereon Holder or Borrower to be converted, converted by (y) the Conversion Price.

Appears in 8 contracts

Samples: Exclusive License Agreement (Accelerated Pharma, Inc.), Security Agreement (Accelerated Pharma, Inc.), Security Agreement (Accelerated Pharma, Inc.)

Conversion Shares Issuable Upon Conversion. The number of Conversion Shares issuable upon a conversion hereunder shall be determined by the quotient obtained by dividing (x) the outstanding principal amount of this Note to be converted, plus at the Holder’s option, any and accrued and but unpaid interest thereon to be converted, converted by (y) the Conversion Price.

Appears in 4 contracts

Samples: Escrow Agreement (Avant Diagnostics, Inc), Avant Diagnostics, Inc, Avant Diagnostics, Inc

Conversion Shares Issuable Upon Conversion. The number of Conversion Shares issuable upon a conversion hereunder shall be determined by the quotient obtained by dividing (x) the outstanding principal amount of this Note to be converted, plus at the Holder’s option, and any accrued and unpaid interest thereon to be converted, converted by (y) the Conversion Price.

Appears in 4 contracts

Samples: Master Note Purchase Agreement (Acuitas Group Holdings, LLC), Master Note Purchase Agreement (Acuitas Group Holdings, LLC), Master Note Purchase Agreement (Acuitas Group Holdings, LLC)

Conversion Shares Issuable Upon Conversion. The number of Conversion Shares issuable upon a conversion hereunder shall be determined by the quotient obtained by dividing (x) the outstanding principal amount of this Note to be converted, plus at the Holder’s option, any accrued and unpaid interest thereon to be converted, converted by (y) the Conversion Price.

Appears in 3 contracts

Samples: Spy Inc., Spy Inc., Spy Inc.

Conversion Shares Issuable Upon Conversion. The number of Conversion Shares issuable upon a conversion hereunder shall be determined by the quotient obtained by dividing (x) the outstanding principal amount of of, together with accrued but unpaid interest on, this Note to be converted, plus at the Holder’s option, any accrued and unpaid interest thereon to be converted, by (y) the Conversion Price.. ​

Appears in 2 contracts

Samples: Securities Purchase Agreement (ACE Convergence Acquisition Corp.), ACE Convergence Acquisition Corp.

Conversion Shares Issuable Upon Conversion. The number of Conversion Shares issuable upon a conversion hereunder shall be determined by the quotient obtained by dividing (x) the outstanding principal amount of this Note to be convertedconverted plus accrued but unpaid interest, plus at and other amounts owing to the Holder’s option, any accrued and unpaid interest thereon to be convertedHolder under this Note as of the Conversion Date, by (y) the Conversion Price.

Appears in 2 contracts

Samples: NewBridge Global Ventures, Inc., Bridgeline Digital, Inc.

Conversion Shares Issuable Upon Conversion. The number of Conversion Shares issuable upon a conversion hereunder shall be determined by the quotient obtained by dividing (x) the outstanding principal amount of this Note (including all previously capitalized PIK Interest thereon) to be converted, plus at the Holder’s option, any accrued and unpaid interest thereon to be converted, converted by (y) the Conversion Price.

Appears in 2 contracts

Samples: Spy Inc., Spy Inc.

Conversion Shares Issuable Upon Conversion. The number of Conversion Shares issuable upon a conversion hereunder shall be determined by the quotient obtained by dividing (x) the outstanding principal amount of this Note to be converted, converted plus at the Holder’s option, any accrued and unpaid interest thereon to be converted, being converted by (y) the Conversion Price.

Appears in 2 contracts

Samples: Exchange Agreement (Blue Calypso, Inc.), Blue Calypso, Inc.

Conversion Shares Issuable Upon Conversion. The number of Conversion Shares issuable upon a conversion hereunder shall be determined by the quotient obtained by dividing (x) the outstanding principal amount of this Note to be convertedconverted plus, plus at if so specified in the Holder’s optionConversion Notice, any accrued but unpaid interest, and unpaid interest thereon other amounts owing to be convertedthe Holder under this Note, by (y) the Conversion Price. “Conversion Shares” shall mean, collectively, the shares of Common Stock issuable upon conversion of this Note in accordance with the terms hereof.

Appears in 2 contracts

Samples: Promissory Note (Bridgeline Digital, Inc.), Bridgeline Digital, Inc.

Conversion Shares Issuable Upon Conversion. The number of Conversion Shares issuable upon a conversion hereunder shall be determined by the quotient obtained by dividing (x) the outstanding principal amount of this Note to be converted, plus at the Holder’s option, any accrued and unpaid interest thereon to be converted, converted by (y) the Conversion Price.

Appears in 2 contracts

Samples: AzurRx BioPharma, Inc., AzurRx BioPharma, Inc.

Conversion Shares Issuable Upon Conversion. The number of Conversion Shares issuable upon a conversion hereunder shall be determined by the quotient obtained by dividing (x) the outstanding principal and interest amount of this Note to be converted, plus at the Holder’s option, any accrued and unpaid interest thereon to be converted, converted by (y) the Conversion Price.

Appears in 1 contract

Samples: Snap Interactive, Inc

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Conversion Shares Issuable Upon Conversion. The number of Conversion Shares issuable upon a conversion hereunder shall be determined by the quotient obtained by dividing (x) the outstanding principal amount of this Note to be convertedconverted (including, plus at for the Holder’s optionavoidance of doubt, any In-Kind Interest) plus accrued and but unpaid interest thereon to be convertedcalculated on the basis of a year of 360 days, by (y) the Conversion Price.

Appears in 1 contract

Samples: AtlasClear Holdings, Inc.

Conversion Shares Issuable Upon Conversion. The number of Conversion Shares issuable upon a conversion hereunder shall be determined by the quotient obtained by dividing (x) the outstanding principal amount of this Note to be convertedconverted plus, plus at if so specified in the Holder’s optionConversion Notice, any accrued but unpaid interest, and unpaid interest thereon other amounts owing to be convertedthe Holder under this Note, by (y) the Conversion Price.. “Conversion Shares” shall mean, collectively, the shares of Common Stock issuable upon conversion of this Note in accordance with the terms hereof. Xxxxxx Xxxxxxx

Appears in 1 contract

Samples: Bridgeline Digital, Inc.

Conversion Shares Issuable Upon Conversion. The number of Conversion Shares issuable upon a conversion hereunder shall be determined by the quotient obtained by dividing (x) the outstanding principal amount of this Note Debenture to be converted, plus at the Holder’s option, any accrued and unpaid interest thereon to be converted, converted by (y) the Conversion Price.

Appears in 1 contract

Samples: Mitek Systems Inc

Conversion Shares Issuable Upon Conversion. The number of Conversion Shares issuable upon a conversion hereunder shall be determined by the quotient obtained by dividing (x) the outstanding principal amount of of, together with accrued but unpaid interest on, this Note to be converted, plus at the Holder’s option, any accrued and unpaid interest thereon to be converted, by (y) the Conversion Price.

Appears in 1 contract

Samples: Iris Acquisition Corp

Conversion Shares Issuable Upon Conversion. The number of Conversion Shares issuable upon a conversion hereunder shall be determined by the quotient obtained by dividing (x) the outstanding principal amount of this Note to be converted, plus at the Holder’s option, any accrued and unpaid interest thereon to be converted, by (y) the Conversion Price, subject to adjustment as provided herein.

Appears in 1 contract

Samples: Cardax, Inc.

Conversion Shares Issuable Upon Conversion. The number of Conversion Shares issuable upon a conversion hereunder shall be determined by the quotient obtained by dividing (x) the outstanding principal amount of this Note to be converted, plus at the Holder’s option, any accrued and unpaid interest thereon to be converted, by (y) the Conversion Price.

Appears in 1 contract

Samples: Psyence Biomedical Ltd.

Conversion Shares Issuable Upon Conversion. The number of Conversion Shares issuable upon a conversion hereunder shall be determined by the quotient obtained by dividing (x) the outstanding principal amount of this Note to be converted, plus at the Holder’s option, any accrued and unpaid interest thereon to be converted, converted by (y) the Conversion Price.

Appears in 1 contract

Samples: Securities Purchase Agreement (Protalex Inc)

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