Conversion Mechanics. (a) The number of shares of Common Stock to be issued upon each conversion of this Note shall be determined by dividing that portion of the principal and interest and fees to be converted, if any, by the then applicable Fixed Conversion Price. In the event of any conversions of outstanding principal amount under this Note in part pursuant to this Article III, such conversions shall be deemed to constitute conversions of outstanding principal amount applying to Monthly Amounts for the remaining Repayment Dates in chronological order.
Appears in 36 contracts
Samples: Securities Purchase Agreement (American Water Star Inc), Subordination Agreement (Bio Key International Inc), Subordination Agreement (Bio Key International Inc)
Conversion Mechanics. (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 Principal Amount and interest and fees to be converted, if any, by the then applicable Fixed Conversion Price. In the event of any conversions of outstanding principal amount under this Note in part pursuant to this Article III, such conversions shall be deemed to constitute conversions of outstanding principal amount applying to Monthly Amounts for the remaining Repayment Dates in chronological order.
Appears in 30 contracts
Samples: Security Agreement (BioElectronics Corp), Subscription Agreement (NextMart Inc.), China Biopharma, Inc.
Conversion Mechanics. (a) The number of shares of Common Stock to be issued upon each conversion of this Note pursuant to this Article II shall be determined by dividing that portion of the principal Principal Amount and interest and fees to be converted, if any, by the then applicable Fixed Conversion Price. In the event of any conversions of outstanding principal amount under this Note in part pursuant to this Article III, such conversions shall be deemed to constitute conversions of outstanding principal amount applying to Monthly Amounts for the remaining Repayment Dates in chronological orderPrice .
Appears in 9 contracts
Samples: Accident Prevention Plus Inc, Accident Prevention Plus Inc, Accident Prevention Plus Inc
Conversion Mechanics. (a) The number of shares of Common Stock to be issued upon each conversion of this Note shall be determined by dividing that portion of the principal and interest and fees to be converted, if any, by the then applicable Fixed Conversion Price. In the event of any conversions of outstanding principal amount under this Note in part pursuant to this Article III, such conversions shall be deemed to constitute conversions of outstanding principal amount applying to Monthly Amounts for the remaining Repayment Amortization Dates in chronological order.
Appears in 9 contracts
Samples: Maxim Mortgage Corp/, Note (Epixtar Corp), Note (Epixtar Corp)
Conversion Mechanics. (a) The number of shares of Common Stock to be issued upon each conversion of this Note shall be determined by dividing that portion of the principal and interest and fees to be converted, if any, by the then applicable Fixed Conversion Price. In the event of any conversions of outstanding principal amount under this Note in part pursuant to this Article III, such conversions shall be deemed to constitute conversions of outstanding principal amount applying to Monthly Amounts for the remaining Repayment Dates in chronological order.
Appears in 3 contracts
Samples: Trimedia Entertainment Group Inc, Trimedia Entertainment Group Inc, Trimedia Entertainment Group Inc
Conversion Mechanics. (a) The number of shares of Common Stock to be issued upon each conversion of this Note shall be determined by dividing that portion of the principal and interest and fees to be converted, if any, by the then applicable Fixed Conversion Price. In the event of any conversions of outstanding principal amount under this Note in part pursuant to this Article III, such conversions shall be deemed to constitute conversions of outstanding principal amount applying to Monthly Amounts for the remaining Repayment Dates in chronological order.
Appears in 3 contracts
Samples: Numerex Corp /Pa/, Numerex Corp /Pa/, Ophthalmic Imaging Systems
Conversion Mechanics. (a) The number of shares of Common Stock to be issued upon each conversion of this Note shall be determined by dividing that portion of the principal and interest and fees to be converted, if any, by the then applicable Fixed Conversion Price. In the event of any conversions of outstanding principal amount under this Note in part pursuant to this Article III, such conversions shall be deemed to constitute conversions of outstanding principal amount applying to Monthly Amounts for the remaining Repayment Dates in chronological order.
Appears in 3 contracts
Samples: Cryomass Technologies, Inc., Andina Gold Corp., Andina Gold Corp.
Conversion Mechanics. (a) The number of shares of Common Stock to be issued upon each conversion of this Note shall be determined by dividing that portion of the principal Principal Amount and interest and fees to be converted, if any, by the then applicable Fixed Conversion Price. In the event of any conversions of outstanding principal amount Principal Amount under this Note in part pursuant to this Article III, such conversions shall be deemed to constitute conversions of outstanding principal amount Principal Amount applying to Monthly Amounts for the remaining Repayment Dates in chronological order.
Appears in 2 contracts
Samples: Convertible Term Note (Axesstel Inc), Convertible Term Note (Axesstel Inc)
Conversion Mechanics. (a) The number of shares of Common Stock to be issued upon each conversion of this Note shall be determined by dividing that portion of the principal and interest and fees to be converted, if any, by the then applicable Fixed Conversion Price. In the event of any conversions of outstanding principal amount under this Note in part pursuant to this Article III, such conversions shall be deemed to constitute conversions of outstanding principal amount applying to Monthly Amounts for the remaining Repayment Dates payment dates in chronological order.
Appears in 2 contracts
Samples: Securities Purchase Agreement (Bam Entertainment Inc), Bam Entertainment Inc
Conversion Mechanics. (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 Principal Amount and interest and fees to be converted, if any, by the then applicable Fixed Conversion Price. In Price (as applicable, the event of any conversions of outstanding principal amount under this Note in part pursuant to this Article III, such conversions shall be deemed to constitute conversions of outstanding principal amount applying to Monthly Amounts for the remaining Repayment Dates in chronological order“Conversion Shares”).
Appears in 2 contracts
Samples: Asset Purchase Agreement (Attitude Drinks Inc.), Asset Purchase Agreement (Attitude Drinks Inc.)
Conversion Mechanics. (a) The number of shares of Common Stock to be issued upon each conversion of this Note pursuant to this Article II shall be determined by dividing that portion of the principal Principal Amount and interest and fees to be converted, if any, by the then applicable Fixed Conversion Price. In the event of any conversions of outstanding principal amount under this Note in part pursuant to this Article III, such conversions shall be deemed to constitute conversions of outstanding principal amount applying to Monthly Amounts for the remaining Repayment Dates in chronological order.
Appears in 2 contracts
Samples: INCA Designs Inc, BioMETRX
Conversion Mechanics. (a) The number of shares of Common Stock to be issued -------------------- upon each conversion of this Note shall be determined by dividing that portion of the principal and interest and fees to be converted, if any, by the then applicable Fixed Conversion Price. In the event of any conversions of a portion of the outstanding principal amount under this Note in part Principal Amount pursuant to this Article III, such conversions shall be deemed to constitute conversions of the outstanding principal amount Principal Amount applying to Monthly Amounts for the remaining Repayment Amortization Dates in chronological order.
Appears in 2 contracts
Samples: New Century Energy Corp., Windswept Environmental Group Inc
Conversion Mechanics. (a) The number of shares of Common Stock to be issued upon each conversion of this Note shall be determined by dividing that portion of the principal and interest and fees to be converted, if any, by 0.50 (the then applicable Fixed "Holder Conversion Price"). In the event of any conversions of outstanding principal amount under this Note in part pursuant to this Article III, such conversions shall be deemed to constitute conversions of outstanding principal amount applying to Monthly Amounts for the remaining Repayment Dates in chronological order.
Appears in 1 contract
Samples: Smartserv Online Inc
Conversion Mechanics. (a) The number of shares of Common Stock to be -------------------- issued upon each conversion of this Note shall be determined by dividing that portion of the principal and interest and fees to be converted, if any, by the then applicable Fixed Conversion Price. In the event of any conversions of a portion of the outstanding principal amount under this Note in part Principal Amount pursuant to this Article III, such conversions shall be deemed to constitute conversions of the outstanding principal amount Principal Amount applying to Monthly Amounts for the remaining Repayment Amortization Dates in chronological order.
Appears in 1 contract
Samples: New Century Energy Corp.
Conversion Mechanics. (a) The number of shares of Common Stock to be issued upon each conversion of this Note shall be determined by dividing that portion of the principal and interest and fees to be converted, if any, by the then applicable Fixed Conversion Price. In the event of any conversions of outstanding principal amount Principal Amount under this Note in part pursuant to this Article III, such conversions shall be deemed to constitute conversions of outstanding principal amount Principal Amount applying to Monthly Semi-annual Amounts for the remaining Repayment Amortization Dates in chronological order.
Appears in 1 contract
Samples: Clinical Data Inc
Conversion Mechanics. (a) The number of shares of Common Stock to be issued upon each conversion of this Note shall be determined by dividing that portion of the principal and interest and fees to be converted, if any, by the then applicable Fixed Conversion Price. In the event of any conversions of a portion of the outstanding principal amount under this Note in part Principal Amount pursuant to this Article III, such conversions shall be deemed to constitute conversions of the outstanding principal amount Principal Amount applying to Monthly Principal Amounts for the remaining Repayment Amortization Dates in chronological order.
Appears in 1 contract
Samples: Earthfirst Technologies Inc
Conversion Mechanics. (a) The number of shares of Class A Common Stock to be issued upon each conversion of this Note shall be determined by dividing that portion of the principal and interest and fees to be converted, if any, by the then applicable Fixed Conversion Price. In the event of any conversions of outstanding principal amount under this Note in part pursuant to this Article III, such conversions shall be deemed to constitute conversions of outstanding principal amount applying to Monthly Amounts for the remaining Repayment Dates in chronological order.
Appears in 1 contract
Samples: Locateplus Holdings Corp
Conversion Mechanics. (a) The number of shares of Common Stock to be --------------------- issued upon each conversion of this Note shall be determined by dividing that portion of the principal and interest and fees to be converted, if any, by the then applicable Fixed Conversion Price. In the event of any conversions of a portion of the outstanding principal amount under this Note in part Principal Amount pursuant to this Article III, such conversions shall be deemed to constitute conversions of the outstanding principal amount Principal Amount applying to Monthly Amounts for the remaining Repayment Amortization Dates in chronological order.
Appears in 1 contract
Samples: New Century Energy Corp.
Conversion Mechanics. (a) The number of shares of Common Stock to be issued upon each conversion of this Note shall be determined by dividing that portion of the principal and interest and fees to be converted, if any, by the then applicable Fixed Conversion Price. In the event of any conversions of a portion of the outstanding principal amount under this Note in part Principal Amount pursuant to this Article III, such conversions shall be deemed to constitute conversions of the outstanding principal amount Principal Amount applying to Monthly Amounts for the remaining Repayment Amortization Dates in chronological order.
Appears in 1 contract
Samples: Jagged Peak, Inc.
Conversion Mechanics. (a) The number of shares of Common Stock to be issued upon each conversion of this Note shall be determined by dividing that portion of the principal and interest and fees to be converted, if any, by the then applicable Fixed Conversion Price. In the event of any conversions of outstanding principal amount under this Note in part pursuant to this Article III, such conversions shall be deemed to constitute conversions of outstanding principal amount applying to Monthly Amounts for the remaining Repayment Dates in chronological orderamount.
Appears in 1 contract
Samples: American Water Star Inc
Conversion Mechanics. (a) The number of shares of Common Stock to be issued upon each conversion of this Note shall be determined by dividing that portion of the principal and interest and fees to be converted, if any, by the then applicable Fixed Conversion Price. In the event of any conversions of outstanding principal amount under this Note in part pursuant to this Article III, such conversions shall be deemed to constitute conversions of outstanding principal amount applying to Monthly Quarterly Amounts for the remaining Repayment Dates in chronological order.
Appears in 1 contract
Samples: Subordination Agreement (Bio Key International Inc)
Conversion Mechanics. (a) The number of shares of Common Stock to be issued upon each conversion of this Note shall be determined by dividing that portion of the principal and interest and fees to be converted, if any, by the then applicable Fixed Conversion Price. In the event of any conversions of outstanding principal amount under this Note in part pursuant to this Article III, such conversions shall be deemed to constitute conversions of outstanding principal amount applying to Monthly Amounts for the remaining Repayment Dates in chronological order.. -----------------------------------------------------------------------------------------------------------------
Appears in 1 contract
Samples: Ventures National Inc
Conversion Mechanics. (a) The number of shares of Common Stock to be issued upon each conversion of this Note shall be determined by dividing that portion of the principal and interest and fees to be converted, if any, by the then applicable Fixed Conversion Price. In the event of any conversions of outstanding principal amount under this Note in part pursuant to this Article III, such conversions shall be deemed to constitute conversions of outstanding principal amount applying to Monthly Amounts for the remaining Repayment Dates in chronological order.
Appears in 1 contract
Samples: Elec Communications Corp
Conversion Mechanics. (a) The number of shares of Common Stock to be issued upon each conversion of this Note shall pursuant to this Article III will be determined by dividing that portion of the principal Principal Amount and interest and fees to be converted, if any, by the then applicable Fixed Conversion Price. In the event of any conversions of outstanding principal amount under this Note in part pursuant to this Article III, such conversions shall be deemed to constitute conversions of outstanding principal amount applying to Monthly Amounts for the remaining Repayment Dates in chronological order.
Appears in 1 contract
Samples: Trend Mining Co
Conversion Mechanics. (a) 4.4.1 The number of shares of Common Stock to be issued upon each conversion of this Note shall be determined by dividing that portion of the principal and interest and fees to be converted, if any, by the then applicable Fixed Conversion Price. In the event of any conversions of outstanding principal amount under this Note in part pursuant to this Article IIIsection 4, such conversions shall be deemed to constitute conversions of outstanding principal amount applying to Monthly Amounts for the remaining Repayment Dates in chronological order.
Appears in 1 contract
Samples: Restatement and Amendment Agreement (Command Center, Inc.)