Common use of Conversion Calculations and Adjustments Clause in Contracts

Conversion Calculations and Adjustments. (a) The number of shares of Common Stock to be issued upon each conversion of this Note pursuant to this Article III shall be determined by dividing that portion of the Principal Amount and interest and fees to be converted, if any, by the then applicable Fixed Conversion Price.

Appears in 4 contracts

Samples: Convertible Note (Voip Inc), Secured Convertible Promissory Note (Voip Inc), Convertible Note (Voip Inc)

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