Applicable Conversion Rate. The conversion rate in effect at any time (the "Applicable Conversion Rate") shall be the quotient obtained by dividing $200,000 by the Applicable Conversion Value, calculated as provided in Section 5(c).
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Samples: Securities Purchase and Redemption Agreement (Sybari Software, Inc.)
Applicable Conversion Rate. The conversion rate in effect at any -------------------------- time (the "Applicable Conversion Rate") shall be the quotient obtained by dividing (i) $200,000 10.00 by (ii) the Applicable Conversion Value, calculated as provided in Section 5(c5(d).
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Samples: Series B Convertible Preferred Stock Purchase Agreement (Engage Technologies Inc)
Applicable Conversion Rate. The conversion rate in effect at any time (the "Applicable Conversion Rate") shall be the quotient obtained by dividing $200,000 1,000,000 by the Applicable Conversion Value, calculated as provided in Section 5(c), and by further dividing that sum by the number of then-outstanding Series A Preferred Shares.
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Samples: Asset Purchase Agreement (Top Source Technologies Inc)
Applicable Conversion Rate. The conversion rate in effect at any -------------------------- time (the "Applicable Conversion Rate") shall be the quotient obtained by dividing (i) $200,000 8.3823 by (ii) the Applicable Conversion Value, calculated as provided in Section 5(c4(d).
Appears in 1 contract
Samples: Series B Convertible Preferred Stock Purchase Agreement (Engage Technologies Inc)
