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: Escrow Agreement (Smartire Systems Inc), Smartire Systems Inc, 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 Price, and.

Appears in 2 contracts

Samples: Hollis Eden Pharmaceuticals Inc /De/, 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 (y) the Set Conversion Price, and

Appears in 2 contracts

Samples: Authentidate Holding Corp, 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 by (y) the Set Price, and.

Appears in 1 contract

Samples: Metron Technology N V

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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 Purchase Agreement (Island Pacific Inc)

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