Common use of Adjustments to the Conversion Rate in Connection with an Event of Default Clause in Contracts

Adjustments to the Conversion Rate in Connection with an Event of Default. If an Event of Default occurs and the Conversion Date for the conversion of a Note occurs during the related Event of Default Conversion Period, then, subject to Section 8(J), the Conversion Rate applicable to such conversion will be increased by a number of shares equal to the Event of Default Additional Shares.

Appears in 1 contract

Samples: Omnibus Amendment (PARETEUM Corp)

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Adjustments to the Conversion Rate in Connection with an Event of Default. If an Event of Default occurs and the Conversion Date for the conversion of a Note occurs during the related Event of Default Conversion Period, then, subject to Section 8(J8(K), the Conversion Rate applicable to such conversion will be increased by a number of shares equal to the Event of Default Additional Shares.

Appears in 1 contract

Samples: Security Agreement (Workhorse Group Inc.)

Adjustments to the Conversion Rate in Connection with an Event of Default. If an Event of Default occurs and the Conversion Date for the conversion of a Note occurs during the related Event of Default Conversion Period, then, subject to Section 8(J8(J)(ii), the Conversion Rate applicable to such conversion will be increased by a number of shares equal to the Event of Default Additional Shares.

Appears in 1 contract

Samples: Senior Convertible Note Due 2022 and Waiver and Forbearance Agreement (Amyris, Inc.)

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Adjustments to the Conversion Rate in Connection with an Event of Default. If an Event of Default occurs and the Conversion Date for the conversion of a Note occurs during the related Event of Default Conversion Period, then, subject to Section 8(J), then the Conversion Rate applicable to such conversion will be increased by a number of shares equal to the Event of Default Additional Shares.

Appears in 1 contract

Samples: Assignment and Assumption Agreement (Tilray Brands, Inc.)

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