Common use of Conversion Rate Clause in Contracts

Conversion Rate. The number of Conversion Shares issuable upon a conversion of any portion of this Note pursuant to Section 2 shall be determined according to the following formula (the “Conversion Rate”):

Appears in 11 contracts

Samples: Senior Secured Convertible Note (Neos Therapeutics, Inc.), Facility Agreement (Endologix Inc /De/), Facility Agreement (Endologix Inc /De/)

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Conversion Rate. The number of Conversion Shares issuable upon a conversion of any portion of this Note pursuant to Section 2 shall be determined according to the following formula (the “Conversion Rate”):): Conversion Amount Conversion Price

Appears in 2 contracts

Samples: Facility Agreement, Facility Agreement

Conversion Rate. The number of Conversion Shares issuable upon a conversion of any portion of this Note pursuant to Section 2 3 shall be determined according to the following formula (the “Conversion Rate”):): ​

Appears in 2 contracts

Samples: Subordination Agreement (Neos Therapeutics, Inc.), Subordination Agreement (Neos Therapeutics, Inc.)

Conversion Rate. The number of Conversion Shares issuable upon a conversion of any portion of this Note pursuant to Section 2 shall be determined according to the following formula (the “Conversion Rate”):): The Conversion Rate shall be subject to adjustment in connection with a Major Transaction Conversion (as defined below) in accordance with and subject to the provisions of Section 3 hereof.

Appears in 2 contracts

Samples: Facility Agreement (Pozen Inc /Nc), Note Purchase Agreement (Aerie Pharmaceuticals Inc)

Conversion Rate. The number of Conversion Shares issuable upon a conversion of any portion of this Note pursuant to Section 2 3 shall be determined according to the following formula (the “Conversion Rate”):): Conversion Price

Appears in 1 contract

Samples: Subordination Agreement (Neos Therapeutics, Inc.)

Conversion Rate. The number of Conversion Shares issuable upon a conversion of any portion each of this Note the Preferred Shares pursuant to Section 2 (2)(a) shall be determined according to the following formula (the “Conversion Rate”):

Appears in 1 contract

Samples: Securities Purchase Agreement (LENSAR, Inc.)

Conversion Rate. The number of Conversion Shares issuable upon a conversion of any portion of this Note pursuant to Section 2 3 shall be determined according to the following formula (the “Conversion Rate”):): Conversion Amount Conversion Price

Appears in 1 contract

Samples: Merger Agreement (Aytu Bioscience, Inc)

Conversion Rate. The number of Conversion Shares issuable upon a conversion Conversion of any portion of this Note pursuant to Section 2 shall be determined according to the following formula (the “formula: Number of Conversion Rate”):Shares = Conversion Amount / Conversion Price

Appears in 1 contract

Samples: Facility Agreement (Melinta Therapeutics, Inc. /New/)

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Conversion Rate. The number of Conversion Shares issuable upon a conversion of any portion of this Note pursuant to Section 2 2(a) shall be determined according to the following formula (the "CONVERSION RATE"): Conversion Rate”):Amount ----------------- Conversion Price

Appears in 1 contract

Samples: Securities Purchase Agreement (MRV Communications Inc)

Conversion Rate. The number of Conversion Shares issuable upon a conversion of any portion each of this Note the Preferred Shares pursuant to Section 2 Sections (2)(a) and (b) shall be determined according to the following formula (the “Conversion Rate”):

Appears in 1 contract

Samples: Securities Purchase Agreement (Guerrilla RF, Inc.)

Conversion Rate. The number of Conversion Shares issuable upon a conversion of any portion of this Note pursuant to Section 2 2, including a Forced Conversion (as defined below), shall be determined according to the following formula (the “Conversion Rate”):

Appears in 1 contract

Samples: Facility Agreement (ADC Therapeutics SA)

Conversion Rate. The number of Conversion Shares issuable upon a conversion of any portion of this Note pursuant to Section 2 shall 3(a) will be determined according to the following formula (the “Conversion Rate”):

Appears in 1 contract

Samples: Note Agreement (Progressive Gaming International Corp)

Conversion Rate. The number of Conversion Shares issuable upon a conversion of any portion of this Note pursuant to this Section 2 2, including a Mandatory Conversion or a Forced Conversion (each as defined below), shall be determined according to the following formula (the “Conversion Rate”):

Appears in 1 contract

Samples: Facility Agreement (Endologix Inc /De/)

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