Common use of Conversion Amount Clause in Contracts

Conversion Amount. Conversion Price No fractional shares of Common Stock are to be issued upon the conversion of any Preferred Share, but rather the number of shares of Common Stock to be issued shall be rounded to the nearest whole number.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (GeoEye, Inc.), Securities Purchase Agreement (Brooke Corp)

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Conversion Amount. Conversion Price No fractional shares of Common Stock are to be issued upon the conversion of any Series A Preferred ShareStock, but rather the number of shares of Common Stock to be issued shall be rounded up to the nearest whole number. The applicable Conversion Rate and Conversion Price from time to time in effect is subject to adjustment as hereinafter provided.

Appears in 1 contract

Samples: Merger Agreement (Telik Inc)

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Conversion Amount. Conversion Price No fractional shares of the Common Stock are to be issued upon the conversion of any shares of Series C Preferred ShareStock, but rather the number of shares of the Common Stock to be issued shall be rounded to the nearest whole number.

Appears in 1 contract

Samples: Securities Purchase Agreement (Global Earth Energy, Inc.)

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