Common use of Conversion of Principal Amount Clause in Contracts

Conversion of Principal Amount. The number of shares of Common Stock issuable upon a conversion shall be determined by the quotient obtained by dividing (x) the outstanding principal amount of this Debenture to be converted and (y) the Set Price, and

Appears in 9 contracts

Samples: Securities Agreement (Path 1 Network Technologies Inc), Securities Agreement (Path 1 Network Technologies Inc), Securities Agreement (Path 1 Network Technologies Inc)

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Conversion of Principal Amount. The number of shares of Common Stock issuable upon a conversion shall be determined by the quotient obtained by dividing (x) the outstanding principal amount of this Debenture to be converted and (y) the Set Conversion Price, and

Appears in 2 contracts

Samples: Securities Agreement (Authentidate Holding Corp), Securities Agreement (Authentidate Holding Corp)

Conversion of Principal Amount. The number of shares of Common Stock issuable upon a conversion shall be determined by the quotient obtained by dividing (x) the outstanding principal amount of this Debenture to be converted and (y) the Set Price, and.

Appears in 2 contracts

Samples: Securities Agreement (Hollis Eden Pharmaceuticals Inc /De/), Securities Agreement (Hollis Eden Pharmaceuticals Inc /De/)

Conversion of Principal Amount. The number of shares of Common Stock issuable upon a conversion shall be determined by the quotient obtained by dividing (x) the outstanding principal amount of this Debenture to be converted and by (y) the Set Price, and

Appears in 1 contract

Samples: Securities Purchase Agreement (Island Pacific Inc)

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Conversion of Principal Amount. The number of shares of Common Stock issuable upon a conversion shall be determined by the quotient obtained by dividing (x) the outstanding principal amount of this Debenture to be converted and by (y) the Set Price, and.

Appears in 1 contract

Samples: Securities Agreement (Metron Technology N V)

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