Common use of Conversion Rate Clause in Contracts

Conversion Rate. The number of shares of Common Stock issuable upon conversion of any Conversion Amount pursuant to Section 3(a) shall be determined by dividing (x) such Conversion Amount by (y) the Conversion Price (the “Conversion Rate”).

Appears in 52 contracts

Samples: Convertible Note Agreement (CISO Global, Inc.), Convertible Note Agreement (CISO Global, Inc.), Senior Convertible Note (Sadot Group Inc.)

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Conversion Rate. The number of shares of Common Stock issuable upon conversion of any Conversion Amount pursuant to Section 3(a4(a) shall be determined by dividing (x) such Conversion Amount by (y) the Conversion Price (the “Conversion Rate”).

Appears in 22 contracts

Samples: Convertible Note (Comstock Inc.), 25% Senior Secured Convertible Promissory Note and Security Agreement (Kiromic Biopharma, Inc.), 25% Senior Secured Convertible Promissory Note and Security Agreement (Kiromic Biopharma, Inc.)

Conversion Rate. The number of shares of Common Stock issuable upon conversion of any Conversion Amount pursuant to Section 3(a) shall be determined by dividing (x) such Conversion Amount by (y) the Conversion Price (such number of shares, the “Conversion Rate”).. For the purposes of this Note:

Appears in 7 contracts

Samples: Securities Purchase Agreement (Security Devices International Inc.), Securities Purchase Agreement (Security Devices International Inc.), Securities Purchase Agreement (Security Devices International Inc.)

Conversion Rate. The number of shares of Common Stock issuable upon conversion of any Conversion Amount pursuant to Section 3(a) shall be determined by dividing (x) such Conversion Amount by (y) the Conversion Price (the "Conversion Rate").

Appears in 7 contracts

Samples: Senior Convertible Note (Volcon, Inc.), Senior Convertible Note (Volcon, Inc.), Subordination Agreement (SANUWAVE Health, Inc.)

Conversion Rate. The number of shares of Common Stock issuable upon conversion of any Conversion Amount pursuant to Section 3(a6(a) shall be determined by dividing (x) such Conversion Amount by (y) the Conversion Price (the “Conversion Rate”).

Appears in 6 contracts

Samples: Series a Convertible Preferred Stock Purchase Agreement (EnterConnect Inc), Securities Purchase Agreement (EnterConnect Inc), Senior Convertible Promissory Note (Quick Med Technologies Inc)

Conversion Rate. The number of shares of Common Stock Shares issuable upon conversion of any Conversion Amount pursuant to Section 3(a) shall be determined by dividing (x) such Conversion Amount by (y) the Conversion Price (the “Conversion Rate”).

Appears in 4 contracts

Samples: Securities Purchase Agreement (Sundial Growers Inc.), Securities Restructuring Agreement (Sundial Growers Inc.), Securities Purchase Agreement (Globus Maritime LTD)

Conversion Rate. The number of shares of Common Stock issuable upon conversion of any Conversion Amount Preferred Share pursuant to Section 3(a5(c) shall be determined by dividing (x) the Stated Value of such Conversion Amount Preferred Share by (y) the Conversion Price (the “Conversion Rate”).

Appears in 4 contracts

Samples: Securities Purchase Agreement (Truli Technologies, Inc.), Exchange Agreement (Truli Technologies, Inc.), Merger Agreement (Truli Technologies, Inc.)

Conversion Rate. The number of shares of Common Stock Shares issuable upon conversion of any the Conversion Amount pursuant to Section 3(a) shall be determined by dividing (x) such Conversion Amount by (y) the Conversion Price (the “Conversion Rate”).. For purposes of this Debenture, the following terms shall have the following meanings:

Appears in 4 contracts

Samples: Securities Agreement (Remark Holdings, Inc.), Convertible Security Agreement (Remark Holdings, Inc.), Securities Agreement (Remark Holdings, Inc.)

Conversion Rate. The number of shares of Common Stock issuable upon conversion of any Conversion Amount pursuant to Section 3(a) (the “Conversion Rate”) shall be determined by dividing (x) such Conversion Amount by (y) the Conversion Price (the “Conversion Rate”)Price.

Appears in 4 contracts

Samples: JSC Note (Tuesday Morning Corp/De), Filo C Note (Tuesday Morning Corp/De), Note and Warrant Purchase Agreement

Conversion Rate. The number of shares of Common Stock issuable upon conversion of any Conversion Amount Preferred Share pursuant to Section 3(a4(a) shall be determined by dividing (x) such the Conversion Amount of such Preferred Share by (y) the Conversion Price (the “Conversion Rate”).):

Appears in 4 contracts

Samples: Securities Purchase Agreement (Digital Health Acquisition Corp.), Securities Purchase Agreement (GridIron BioNutrients, Inc.), Loan and Security Agreement (Fuelcell Energy Inc)

Conversion Rate. The number of shares of Common Stock Ordinary Shares issuable upon conversion of any Conversion Amount pursuant to Section 3(a) shall be determined by dividing (x) such Conversion Amount by (y) the Conversion Price (the “Conversion Rate”).

Appears in 4 contracts

Samples: Securities Purchase Agreement (Blue Ocean Acquisition Corp), Securities Purchase Agreement (TNL Mediagene), Fourth Amendment Agreement (Genius Group LTD)

Conversion Rate. The number of shares of Common Stock Shares issuable upon conversion of any Conversion Amount pursuant to Section 3(a) shall be determined by dividing equal to the quotient of (x) such Conversion Amount by and (y) the Conversion Price (the “Conversion Rate”).

Appears in 3 contracts

Samples: Convertible Bond Purchase Agreement, Convertible Bond Purchase Agreement (ThaiLin Semiconductor Corp.), Convertible Bond Exchange Agreement (ThaiLin Semiconductor Corp.)

Conversion Rate. The number of shares of Common Stock issuable upon conversion of any Conversion Amount pursuant to Section 3(a) shall be determined by dividing (x) such Conversion Amount by (y) the then applicable Conversion Price (the “Conversion Rate”).

Appears in 3 contracts

Samples: Indenture (Cheniere Energy Inc), Subscription Agreement (Cheniere Energy Inc), Subscription Agreement (Cheniere Energy Inc)

Conversion Rate. The number of shares of Common Stock issuable upon conversion of any Conversion Amount pursuant to Section 3(a) shall be determined by dividing (x) such Conversion Amount by (y) the Conversion Price (as defined below) (the “Conversion Rate”).

Appears in 3 contracts

Samples: Securities Purchase Agreement (Delcath Systems, Inc.), Securities Purchase Agreement (Epiq Systems Inc), Securities Purchase Agreement (Telecommunication Systems Inc /Fa/)

Conversion Rate. The number of shares of Common Stock issuable upon conversion of any Conversion Amount pursuant to Section 3(a5(a) shall be determined by dividing (xi) such Conversion Amount by (yii) the Conversion Price (the “Conversion Rate”).

Appears in 2 contracts

Samples: Satisfaction and Release Agreement, Satisfaction and Release Agreement (Argos Therapeutics Inc)

Conversion Rate. The number of ordinary shares of Common Stock issuable upon conversion of any Conversion Amount pursuant to Section 3(a3(b) shall be determined by dividing (x) such Conversion Amount by (y) the Conversion Price (the “Conversion Rate”).

Appears in 2 contracts

Samples: Subscription Agreement (Crown LNG Holdings LTD), Subscription Agreement (Catcha Investment Corp)

Conversion Rate. The number of shares of Class A Common Stock issuable upon conversion of any Conversion Amount pursuant to Section 3(a) shall be determined by dividing (x) such Conversion Amount by (y) the Conversion Price (the “Conversion Rate”).

Appears in 2 contracts

Samples: Securities Purchase Agreement (WorldSpace, Inc), Secured Convertible Note (WorldSpace, Inc)

Conversion Rate. The number of shares of Common Stock Shares issuable upon conversion of any Conversion Amount pursuant to Section 3(a) shall be determined by dividing (x) such Conversion Amount by (y) the Conversion Price (the “Conversion Rate”"CONVERSION RATE").

Appears in 2 contracts

Samples: Securities Purchase Agreement (Mitel Networks Corp), Securities Purchase Agreement (Mitel Networks Corp)

Conversion Rate. The number of shares of Common Stock issuable upon conversion of any Conversion Principal Amount pursuant to Section 3(a) 13.01 shall be determined by dividing (x) such Conversion Principal Amount by (y) the Conversion Price (the “Conversion Rate”"CONVERSION RATE").

Appears in 2 contracts

Samples: Indenture (Vector Group LTD), Indenture (Vector Group LTD)

Conversion Rate. The number of shares of Common Stock issuable upon conversion of any Conversion Principal Amount pursuant to Section 3(a) 13.01 shall be determined by dividing (x) such Conversion Principal Amount by (y) the Conversion Price (the “Conversion Rate”).

Appears in 2 contracts

Samples: Indenture (Vector Group LTD), Indenture (Vector Group LTD)

Conversion Rate. The number of shares of Common Stock issuable upon conversion of any Conversion Amount pursuant to Section 3(a1(a) (the “Conversion Rate”) shall be determined by dividing (x) such Conversion Amount by (y) the Conversion Price (the “Conversion Rate”as defined below).

Appears in 2 contracts

Samples: Note Conversion Agreement (Guitammer Co), Note Conversion Agreement (Guitammer Co)

Conversion Rate. The number of shares of Common Stock issuable upon conversion of any Conversion Amount pursuant to Section 3(a) this Note shall be determined by dividing (x) such Conversion Amount by (y) the then applicable Conversion Price (the “Conversion Rate”).

Appears in 2 contracts

Samples: Note Purchase Agreement (Blue Coat Systems Inc), Note Purchase Agreement (Blue Coat Systems Inc)

Conversion Rate. The number of shares of Common Stock issuable upon conversion of any Conversion Amount pursuant to Section 3(a) shall be determined by dividing (x) such Conversion Amount by (y) the Conversion Price Rate (the “Conversion Rate”as defined below).

Appears in 1 contract

Samples: Securities Purchase Agreement (Unilife Corp)

Conversion Rate. The number of shares of Common Stock Ordinary Shares issuable upon conversion of any the Conversion Amount pursuant to Section 3(a) shall be determined by dividing (x) such Conversion Amount by (y) the Conversion Price (the “Conversion Rate”).

Appears in 1 contract

Samples: Convertible Security Agreement (Bit Digital, Inc)

Conversion Rate. The number of shares of Common Stock issuable upon conversion of any the Note Amount (the “Conversion Amount pursuant to Section 3(aRate”) shall be determined by dividing (xa) such Conversion Note Amount by (yb) the Conversion Price $3.00 (the “Conversion RatePrice”), subject to adjustment as described in Section 3.3 below.

Appears in 1 contract

Samples: Subscription Agreement (Regen Biologics Inc)

Conversion Rate. The number of shares of Common Stock issuable upon conversion of any Conversion Amount pursuant to Section 3(a) 18.1 shall be determined by dividing (x) such Conversion Amount by (y) the Conversion Price (the “Conversion Rate”).

Appears in 1 contract

Samples: Senior Secured Promissory Note and Security Agreement (Conduit Pharmaceuticals Inc.)

Conversion Rate. The number of shares of Common Stock issuable upon conversion of any Conversion Amount pursuant to Section 3(a4(a) shall be determined by dividing (x) such Conversion Amount by (y) the Conversion Price (the “Conversion Rate”).. ​

Appears in 1 contract

Samples: 25% Senior Secured Convertible Promissory Note and Security Agreement (Kiromic Biopharma, Inc.)

Conversion Rate. The number of shares of Common Stock issuable upon conversion of any Conversion Amount pursuant to Section 3(a) 7.17 shall be determined by dividing (x) such Conversion Amount by (y) the Conversion Price (as defined below) (the "Conversion Rate").

Appears in 1 contract

Samples: Loan Agreement (Build a Bear Workshop Inc)

Conversion Rate. The number of shares of Common Stock issuable upon conversion of any Conversion Amount pursuant to Section 3(a3(a)(i) shall be determined by dividing (x) such Conversion Amount by (y) the Conversion Price (as defined below) (such quotient, the "Conversion Rate").

Appears in 1 contract

Samples: Bridge Loan Note (Green Planet Bio Engineering Co. Ltd.)

Conversion Rate. The number of shares of Common Stock or Preferred Stock issuable upon conversion of any Conversion Amount pursuant to Section 3(a) (the “Conversion Rate”) shall be determined by dividing (x) such Conversion Amount by (y) the Conversion Price (Price, provided that prior to the “Conversion Rate”)Effectiveness Date, the Company may issue no more than the Pro Rata number of shares of Common Stock.

Appears in 1 contract

Samples: Note Purchase and Exchange Agreement (Intersections Inc)

Conversion Rate. The number of shares of Common Stock issuable upon conversion of any Conversion Amount each of the Series A Preferred Shares pursuant to Section 3(a(3)(a) shall be determined by dividing (x) such Conversion Amount by (y) according to the Conversion Price following formula (the "Conversion Rate”)."):

Appears in 1 contract

Samples: Securities Purchase Agreement (Diamond Entertainment Corp)

Conversion Rate. The number of shares of Common Stock ---------------- issuable upon conversion Conversion of any Conversion Amount pursuant to Section 3(a) shall be determined by dividing (x) such Conversion Amount by (y) the Conversion Price (the “Conversion Rate”"CONVERSION RATE").

Appears in 1 contract

Samples: Securities Exchange Agreement (Charys Holding Co Inc)

Conversion Rate. The number of shares of Common Stock issuable upon conversion of any Conversion Amount pursuant to Section 3(a) shall be determined by dividing (x) such Conversion Amount by (y) the Conversion Price (the "Conversion Rate"). ___________________________ 1 Insert date that is the one (1) year anniversary of the Issuance Date.

Appears in 1 contract

Samples: Securities Purchase Agreement (Air Industries Group)

Conversion Rate. The number of shares of Common Stock issuable upon conversion of any Conversion Amount pursuant to Section 3(a) 13.01 shall be determined by dividing (x) such Conversion Amount by (y) the Conversion Price (the “Conversion Rate”).

Appears in 1 contract

Samples: Indenture (FP Technology, Inc.)

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Conversion Rate. The number of shares of Common Stock Shares issuable upon conversion of any Conversion Amount pursuant to Section 3(a4(a) (the “Conversion Shares”) shall be determined by dividing (x) such Conversion Amount by (y) the Conversion Price (the “Conversion Rate”).

Appears in 1 contract

Samples: Convertible Note Purchase Agreement (Ecotality, Inc.)

Conversion Rate. The number of shares of Common Stock issuable upon conversion of any Conversion Amount pursuant to Section 3(a6(a) shall be determined by dividing (xi) such Conversion Amount by (yii) the Conversion Price (the “Conversion Rate”).

Appears in 1 contract

Samples: Satisfaction and Release Agreement (Argos Therapeutics Inc)

Conversion Rate. The number of shares of Common Stock issuable upon conversion of any Conversion Amount pursuant to Section 3(a) shall be determined by dividing (x) such Conversion Amount by (y) the then applicable Conversion Price (the “Conversion Rate”).

Appears in 1 contract

Samples: Securities Purchase Agreement (Minrad International, Inc.)

Conversion Rate. The number of shares of Common Stock issuable upon conversion of any Conversion Amount pursuant to Section 3(a) 13.01 shall be determined by dividing (x) such Conversion Amount by (y) the Conversion Price (the "Conversion Rate").

Appears in 1 contract

Samples: Indenture (AFG Enterprises USA, Inc.)

Conversion Rate. The number of shares of Common Stock issuable upon conversion of any Conversion Amount share(s) of Series C pursuant to this Section 3(a) 3 shall be determined by dividing (x) the Stated Value of such Conversion Amount share(s) of Series C by (y) the Conversion Price (as defined below) (the “Conversion Rate”).

Appears in 1 contract

Samples: Securities Exchange Agreement (Ecoark Holdings, Inc.)

Conversion Rate. The number of shares of Common Stock issuable upon conversion of any Conversion Amount Principal pursuant to Section 3(a) shall be determined by dividing (x) such initially [_________] shares of Common Stock for each $1,000 of Conversion Amount by (y) the Conversion Price (the “Conversion Rate”). The Conversion Rate shall be adjusted in certain instances as provided in Section 3(f) hereof.

Appears in 1 contract

Samples: Securities Purchase Agreement (Third Wave Technologies Inc /Wi)

Conversion Rate. The number of shares of Common Stock Shares issuable upon conversion of any Conversion Amount pursuant to Section 3(a) shall be determined by dividing (x) such Conversion Amount by (y) the Conversion Price (the "Conversion Rate").

Appears in 1 contract

Samples: Securities Purchase Agreement (A-Power Energy Generation Systems, Ltd.)

Conversion Rate. The number of shares of Common Stock issuable upon conversion of any Conversion Amount this Note pursuant to Section 3(a) shall be determined by dividing (xi) such Conversion the Outstanding Principal Amount submitted for conversion plus accrued but unpaid interest thereon, by (yii) the Conversion Price (the “Conversion Rate”)then in effect.

Appears in 1 contract

Samples: Stock Purchase Agreement (Synergy Brands Inc)

Conversion Rate. The number of shares of Common Stock issuable upon conversion of any Conversion Amount pursuant to Section 3(a) shall be determined by dividing (x) such the Conversion Amount by (y) the Conversion Price (the “Conversion Rate”).

Appears in 1 contract

Samples: Securities Purchase Agreement (Wanxiang Group Corp)

Conversion Rate. The number of shares of Common Stock issuable upon conversion of any Conversion Amount pursuant to Section 3(a) 7.1 shall be determined by dividing (x) such Conversion Amount by (y) the Conversion Price (the “Conversion Rate”).

Appears in 1 contract

Samples: Senior Secured Convertible Promissory Note (Broadcast International Inc)

Conversion Rate. The number of shares of Common Stock Shares issuable upon conversion of any Conversion Amount pursuant to Section 3(a) shall be determined by dividing (x) such Conversion Amount by (y) the Conversion Price (such number of shares, the "Conversion Rate").

Appears in 1 contract

Samples: Securities Purchase Agreement (Vasogen Inc)

Conversion Rate. The number of shares of Common Stock issuable upon conversion of any Conversion Amount share(s) of Series A pursuant to Section 3(a3(c) shall be determined by dividing (x) the Stated Value of such Conversion Amount share(s) Series A by (y) the Conversion Price as defined below (the “Conversion Rate”).

Appears in 1 contract

Samples: Share Exchange Agreement (Ecoark Holdings, Inc.)

Conversion Rate. The number of shares of Common Stock issuable upon conversion of any Conversion Amount pursuant to Section 3(a10(a) shall be determined by dividing (x) such Conversion Amount by (y) the Conversion Price (the “Conversion Rate”).

Appears in 1 contract

Samples: Secured Promissory Note (Greenlane Holdings, Inc.)

Conversion Rate. The number of shares of Common Stock issuable upon conversion of any Conversion Amount pursuant to Section 3(a1(a) (the “Conversion Rate”) shall be determined by dividing (x) such Conversion Amount by (y) the Conversion Price (the “Conversion Rate”)Price.

Appears in 1 contract

Samples: Secured Promissory Note Conversion Agreement (CNS Response, Inc.)

Conversion Rate. The number of shares of Common Stock issuable upon conversion of any Conversion Amount pursuant to Section 3(a6(a)(i) (the “Conversion Rate”) shall be determined by dividing (x) such the Conversion Amount by (y) the Conversion Price (the “Conversion Rate”)Price.

Appears in 1 contract

Samples: Secured Convertible Promissory Note (CNS Response, Inc.)

Conversion Rate. The number of shares of Common Stock issuable upon conversion of any Conversion Amount pursuant to this Section 3(a) 13.01 shall be determined by dividing (x) such Conversion Amount by (y) the Conversion Price (the "Conversion Rate").

Appears in 1 contract

Samples: First Supplemental Indenture (Nanogen Inc)

Conversion Rate. The number of shares of Common Stock issuable upon conversion of any Conversion Amount pursuant to Section 3(a) 13.01 shall be determined by dividing (x) such Conversion Amount by (y) the Conversion Price (the “Conversion Rate”"CONVERSION RATE").

Appears in 1 contract

Samples: Indenture (Smith & Wesson Holding Corp)

Conversion Rate. The number of shares of Common Stock issuable upon conversion of any Conversion Amount pursuant to Section 3(a) shall be determined by dividing (x) such Conversion Amount by (y) the Conversion Price (the “Conversion Rate”"CONVERSION RATE").

Appears in 1 contract

Samples: Senior Secured Convertible Note (Inksure Technologies Inc.)

Conversion Rate. The number of shares of Common Stock issuable upon conversion of any Conversion Amount pursuant to Section 3(a) shall be determined by dividing (x) such Conversion Amount by (y) the Conversion Price then in effect (the “Conversion Rate”).

Appears in 1 contract

Samples: Amendment Agreement (Charys Holding Co Inc)

Conversion Rate. The number of shares of Common Stock issuable upon conversion of any Conversion Amount the Note pursuant to Section 3(a) shall be determined by dividing (x) such in accordance with the following formula: P --------------------- Conversion Amount by (y) the Conversion Price (the “Conversion Rate”).Price

Appears in 1 contract

Samples: Restructure Agreement (NTN Communications Inc)

Conversion Rate. The number of shares of Common Stock issuable upon conversion of any Conversion Amount each Preferred Share pursuant to Section 3(a3(b) shall be determined by dividing (x) such Conversion Amount by (y) according to the Conversion Price following formula (the "Conversion Rate”)."): Stated Value ----------------- Conversion Price

Appears in 1 contract

Samples: Securities Purchase Agreement (Stan Lee Media Inc)

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