Common use of Conversion Amount Clause in Contracts

Conversion Amount. Conversion Price: Shares to be Delivered: Xxxxxx delivered in name of: BLACK MOUNTAIN EQUITIES, INC. Signature: By: Title: Black Mountain Equities, Inc. EXHIBIT B TRUE-UP NOTICE [Company Contact, Position] Thinspace Technology, Inc. [Company Address] [Contact Email Address} The undersigned hereby gives notice to Thinspace Technology, Inc., a ______ corporation (the “Company”), pursuant to that certain Note dated _______ ___, 20__ by and between the Company and the Holder (the “Note”), that the Holder elects to: ___ Receive fully paid and non-assessable True-Up Shares pursuant to Section 3(b)(v) of the Note (such Additional Origination Shares shall be calculated as set forth below), or ___ Add to the Outstanding Balance a dollar amount equal to the True-Up Amount (such True-Up Amount shall be calculated as set forth below). The number of True-Up Shares Holder is entitled to receive is calculated as follows: Conversion Amount ($___) / 60% of the lowest closing bid occurring during the twenty five (25) consecutive Trading Days immediately preceding the applicable Conversion Date ($_.__) - Conversion Amount ($___) divided by the Par Value ($_.__) = ____________ True-Up Shares The amount of True-Up Balance to be added to the Outstanding Balance is calculated as follows: Number of True-Up Shares (_____) * high trade price on the Conversion Date ($_.__)= ____________ True-Up Balance Xxxxxx delivered in name of: BLACK MOUNTAIN EQUITIES, INC. Signature: By: Title: Black Mountain Equities, Inc.

Appears in 1 contract

Samples: Thinspace Technology, Inc.

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Conversion Amount. Conversion Price: Shares to be Delivered: Xxxxxx delivered in name of: BLACK MOUNTAIN EQUITIESVISTA CAPITAL INVESTMENTS, INC. LLC Signature: By: Title: Black Mountain EquitiesVista Capital Investments, Inc. LLC EXHIBIT B TRUE-UP NOTICE [Company Contact, Position] Thinspace TechnologyBrain Scientific, Inc. [Company Address] [Contact Email Address} The undersigned hereby gives notice to Thinspace TechnologyBrain Scientific, Inc., a ______ corporation (the “Company”), pursuant to that certain Note dated _______ ___, 20__ by and between the Company and the Holder (the “Note”), that the Holder elects to: ___ Receive fully paid and non-assessable True-Up Shares pursuant to Section 3(b)(v) of the Note (such Additional Origination Shares shall be calculated as set forth below), or ___ Add to the Outstanding Balance a dollar amount equal to the True-Up Amount (such True-Up Amount shall be calculated as set forth below). The number of True-Up Shares Holder is entitled to receive is calculated as follows: Conversion Amount ($___) / 60___% of the lowest closing bid trade occurring during the twenty five _________ (25__) consecutive Trading Days immediately preceding the applicable Conversion Date ($_.__) - Conversion Amount ($___) divided by the Par Value ($_.__) = ____________ True-Up Shares The amount of True-Up Balance to be added to the Outstanding Balance is calculated as follows: Number of True-Up Shares (_____) * high trade price on the Conversion Date ($_.__)= ____________ True-Up Balance Xxxxxx delivered in name of: BLACK MOUNTAIN EQUITIESVISTA CAPITAL INVESTMENTS, INC. LLC Signature: By: Title: Black Mountain EquitiesVista Capital Investments, Inc.LLC

Appears in 1 contract

Samples: Brain Scientific Inc.

Conversion Amount. Conversion Price: Shares to be Delivered: Xxxxxx Sxxxxx delivered in name of: BLACK MOUNTAIN EQUITIESVISTA CAPITAL INVESTMENTS, INC. LLC Signature: By: Title: Black Mountain EquitiesVista Capital Investments, Inc. LLC EXHIBIT B TRUE-UP NOTICE [Company Contact, Position] Thinspace Technology, Inc. QPAGOS [Company Address] [Contact Email Address} The undersigned hereby gives notice to Thinspace Technology, Inc.QPAGOS, a ______ corporation (the “Company”), pursuant to that certain Note dated _______ ___, 20__ by and between the Company and the Holder (the “Note”), that the Holder elects to: ___ Receive fully paid and non-assessable True-Up Shares pursuant to Section 3(b)(v) of the Note (such Additional Origination Shares shall be calculated as set forth below), or ___ Add to the Outstanding Balance a dollar amount equal to the True-Up Amount (such True-Up Amount shall be calculated as set forth below). The number of True-Up Shares Holder is entitled to receive is calculated as follows: Conversion Amount ($___) / 60___% of the lowest closing bid trade occurring during the twenty five _________ (25__) consecutive Trading Days immediately preceding the applicable Conversion Date ($_.__) - Conversion Amount ($___) divided by the Par Value ($_.__) = ____________ True-Up Shares The amount of True-Up Balance to be added to the Outstanding Balance is calculated as follows: Number of True-Up Shares (_____) * high trade price on the Conversion Date ($_.__)= ____________ True-Up Balance Xxxxxx Sxxxxx delivered in name of: BLACK MOUNTAIN EQUITIESVISTA CAPITAL INVESTMENTS, INC. LLC Signature: By: Title: Black Mountain EquitiesVista Capital Investments, Inc.LLC

Appears in 1 contract

Samples: Qpagos

Conversion Amount. Conversion Price: Shares to be Delivered: Xxxxxx delivered in name of: BLACK MOUNTAIN EQUITIESXXXXXXX INVESTMENTS, INC. LLC Signature: By: Title: Black Mountain EquitiesXxxxxxx Investments, Inc. LLC EXHIBIT B TRUE-UP NOTICE [Company Contact, Position] Thinspace TechnologySPYR, Inc. INC. [Company Address] [Contact Email Address} The undersigned hereby gives notice to Thinspace TechnologySPYR, Inc.INC., a ______ corporation (the “Company”), pursuant to that certain Note dated _______ ___, 20__ by and between the Company and the Holder (the “Note”), that the Holder elects to: ___ Receive fully paid and non-assessable True-Up Shares pursuant to Section 3(b)(v) of the Note (such Additional Origination Shares shall be calculated as set forth below), or ___ Add to the Outstanding Balance a dollar amount equal to the True-Up Amount (such True-Up Amount shall be calculated as set forth below). The number of True-Up Shares Holder is entitled to receive is calculated as follows: Conversion Amount ($___) / 60___% of the lowest closing bid trade occurring during the twenty five _________ (25__) consecutive Trading Days immediately preceding the applicable Conversion Date ($_.__) - Conversion Amount ($___) divided by the Par Value ($_.__) = ____________ True-Up Shares The amount of True-Up Balance to be added to the Outstanding Balance is calculated as follows: Number of True-Up Shares (_____) * high trade price on the Conversion Date ($_.__)= ____________ True-Up Balance Xxxxxx delivered in name of: BLACK MOUNTAIN EQUITIESXXXXXXX INVESTMENTS, INC. LLC Signature: By: Title: Black Mountain EquitiesXxxxxxx Investments, Inc.LLC

Appears in 1 contract

Samples: SPYR, Inc.

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Conversion Amount. Conversion Price: Shares to be Delivered: Xxxxxx delivered in name of: BLACK MOUNTAIN EQUITIESVISTA CAPITAL INVESTMENTS, INC. LLC Signature: By: Title: Black Mountain EquitiesVista Capital Investments, Inc. LLC EXHIBIT B TRUE-UP NOTICE [Company Contact, Position] Thinspace TechnologyXxxxxxx Xxxxx Enterprises, Inc. [Company Address] [Contact Email Address} The undersigned hereby gives notice to Thinspace TechnologyXxxxxxx Xxxxx Enterprises, Inc., a ______ corporation (the “Company”), pursuant to that certain Note dated _______ ___, 20__ by and between the Company and the Holder (the “Note”), that the Holder elects to: ___ Receive fully paid and non-assessable True-Up Shares pursuant to Section 3(b)(v) of the Note (such Additional Origination Shares shall be calculated as set forth below), or ___ Add to the Outstanding Balance a dollar amount equal to the True-Up Amount (such True-Up Amount shall be calculated as set forth below). The number of True-Up Shares Holder is entitled to receive is calculated as follows: Conversion Amount ($___) / 60___% of the lowest closing bid trade occurring during the twenty five _________ (25__) consecutive Trading Days immediately preceding the applicable Conversion Date ($_.__) - Conversion Amount ($___) divided by the Par Value ($_.__) = ____________ True-Up Shares The amount of True-Up Balance to be added to the Outstanding Balance is calculated as follows: Number of True-Up Shares (_____) * high trade price on the Conversion Date ($_.__)= ____________ True-Up Balance Xxxxxx delivered in name of: BLACK MOUNTAIN EQUITIESVISTA CAPITAL INVESTMENTS, INC. LLC Signature: By: Title: Black Mountain Equities, Inc.:

Appears in 1 contract

Samples: BullsNBears.com, Inc.

Conversion Amount. Conversion Price: Shares to be Delivered: Xxxxxx delivered in name of: BLACK MOUNTAIN EQUITIESVISTA CAPITAL INVESTMENTS, INC. LLC Signature: By: Title: Black Mountain EquitiesVista Capital Investments, Inc. LLC EXHIBIT B TRUE-UP NOTICE [Company Contact, Position] Thinspace TechnologyProGreen US, Inc. [Company Address] [Contact Email Address} The undersigned hereby gives notice to Thinspace TechnologyProGreen US, Inc., a ______ corporation (the “Company”), pursuant to that certain Note dated _______ ___, 20__ by and between the Company and the Holder (the “Note”), that the Holder elects to: ___ Receive fully paid and non-assessable True-Up Shares pursuant to Section 3(b)(v) of the Note (such Additional Origination Shares shall be calculated as set forth below), or ___ Add to the Outstanding Balance a dollar amount equal to the True-Up Amount (such True-Up Amount shall be calculated as set forth below). The number of True-Up Shares Holder is entitled to receive is calculated as follows: Conversion Amount ($___) / 60___% of the lowest closing bid trade occurring during the twenty five _________ (25__) consecutive Trading Days immediately preceding the applicable Conversion Date ($_.__) - Conversion Amount ($___) divided by the Par Value ($_.__) = ____________ True-Up Shares The amount of True-Up Balance to be added to the Outstanding Balance is calculated as follows: Number of True-Up Shares (_____) * high trade price on the Conversion Date ($_.__)= ____________ True-Up Balance Xxxxxx delivered in name of: BLACK MOUNTAIN EQUITIESVISTA CAPITAL INVESTMENTS, INC. LLC Signature: By: Title: Black Mountain EquitiesVista Capital Investments, Inc.LLC

Appears in 1 contract

Samples: Progreen US, Inc.

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