Common use of Conversion Rate Clause in Contracts

Conversion Rate. The number of shares of Common Stock issuable upon conversion of a Conversion Amount of this Note pursuant to Paragraph 2(b) shall be determined according to the following formula (the "Conversion Rate"): Conversion Amount / Conversion Price = number of shares of Common Stock issuable upon conversion of a Conversion Amount of this Note

Appears in 7 contracts

Samples: Convertible Note Agreement (Simlatus Corp), Convertible Note Agreement (Simlatus Corp), Convertible Note (Big Tree Group, Inc.)

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Conversion Rate. The number of shares of Common Stock issuable upon conversion of a Conversion Amount of this Note pursuant to Paragraph 2(b) shall be determined according to the following formula (the "Conversion RateCONVERSION RATE"): Conversion Amount / Conversion Price = number of shares of Common Stock issuable upon conversion of a Conversion Amount of this Note

Appears in 1 contract

Samples: Note (Red Giant Entertainment, Inc.)

Conversion Rate. The number of shares of Common Stock issuable upon conversion of a Conversion Amount of this Note pursuant to Paragraph 2(bSection 2(a) shall be determined according to the following formula (the "Conversion RateCONVERSION RATE"): CONVERSION AMOUNT Conversion Amount / Conversion Price = number of shares of Common Stock issuable upon conversion of a Conversion Amount of this NotePrice

Appears in 1 contract

Samples: Note Agreement (Castle Dental Centers Inc)

Conversion Rate. The number of shares of Common Stock issuable upon conversion of a Conversion Amount of this Note pursuant to Paragraph 2(b2.(b) shall be determined according to the following formula (the "Conversion Rate"): Conversion Amount / Conversion Price = number of shares of Common Stock issuable upon conversion of a Conversion Amount of this Note):

Appears in 1 contract

Samples: Convertible Note Agreement (Herborium)

Conversion Rate. The number of shares of Common Stock issuable upon conversion of a Conversion Amount of this Note pursuant to Paragraph Section 2(b) shall be determined according to the following formula (the "Conversion Rate"): Conversion Amount / Conversion Price = number of shares of Common Stock issuable upon conversion of a Conversion Amount of this NotePrice

Appears in 1 contract

Samples: Securities Purchase Agreement (8x8 Inc)

Conversion Rate. The number of shares of Common Stock issuable upon conversion of a Conversion Amount of this Note pursuant to Paragraph 2(b2.(b) shall be determined according to the following formula (the "Conversion Rate"): Conversion Amount / Conversion Price = number of shares of Common Stock issuable upon conversion of a Conversion Amount of this Note”):

Appears in 1 contract

Samples: Convertible Note (Dynamic Response Group, Inc.)

Conversion Rate. The number of shares of Common Stock issuable upon conversion of a Conversion Amount of this Note pursuant to Paragraph 2(b2.(b) shall be determined according to the following formula (the "Conversion Rate"): Conversion Amount / Conversion Price = number of shares of Common Stock issuable upon conversion of a Conversion Amount of this NotePrice:

Appears in 1 contract

Samples: Convertible Note

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Conversion Rate. The number of shares of Common Stock issuable upon conversion of a Conversion Amount of this Note each Preferred Share pursuant to Paragraph Section 2(b) shall be determined according to the following formula (the "Conversion Rate"): Transaction Value ----------------- Conversion Amount / Conversion Price = number of shares of Common Stock issuable upon conversion of a Conversion Amount of this NotePrice

Appears in 1 contract

Samples: Securities Purchase Agreement (E-Net Financial Com Corp)

Conversion Rate. The number of shares of Common Stock issuable upon conversion of a Conversion Amount of this Note pursuant to Paragraph Section 2(b) shall be determined according to the following formula (the "Conversion Rate"): Conversion Amount / ----------------- Conversion Price = number of shares of Common Stock issuable upon conversion of a Conversion Amount of this NotePrice

Appears in 1 contract

Samples: Securities Purchase Agreement (Britesmile Inc)

Conversion Rate. The number of shares of Common Stock issuable --------------- upon conversion of a Conversion Amount of this Note Equity Purchase Agreement pursuant to Paragraph Section 2(b) shall be determined according to the following formula (the "Conversion Rate"): Conversion Amount / ----------------- Conversion Price = number of shares of Common Stock issuable upon conversion of a Conversion Amount of this NotePrice

Appears in 1 contract

Samples: Master Facility Agreement (Mace Security International Inc)

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