Conversion Shares Issuable Upon a Conversion. The number of Conversion Shares issuable upon a conversion hereunder shall be determined by the quotient obtained by dividing (x) the sum of all outstanding (i) principal, (ii) interest, and (iii) any other amount due under this Note to be converted as provided in the applicable Notice of Conversion by (y) the Conversion Price.
Appears in 26 contracts
Samples: Convertible Security Agreement (Terra Tech Corp.), Convertible Security Agreement (Terra Tech Corp.), Convertible Security Agreement (THC Therapeutics, Inc.)
Conversion Shares Issuable Upon a Conversion. The number of Conversion Shares issuable upon a conversion hereunder shall be determined by the quotient obtained by dividing (x) the sum of all outstanding (i) principalthe outstanding principal to be converted as provided in the applicable Notice of Conversion, (ii) interest, accrued and unpaid interest thereon (if the Company has elected to pay interest in shares of Common Stock) and (iii) any other amount due under this Note to be converted as provided in the applicable Notice of Conversion by (y) the Conversion Price.
Appears in 11 contracts
Samples: Senior Secured Convertible Promissory Note (Fathom Holdings Inc.), Senior Secured Convertible Promissory Note (Dyadic International Inc), Senior Convertible Promissory Note (Ayala Pharmaceuticals, Inc.)
Conversion Shares Issuable Upon a Conversion. The number of Conversion Shares issuable upon a conversion hereunder shall be determined by the quotient obtained by dividing (x) the sum of all outstanding (i) principalthe outstanding principal to be converted as provided in the applicable Notice of Conversion, (ii) interestaccrued and unpaid interest thereon, and (iii) any other amount due under this Note to be converted as provided in the applicable Notice of Conversion by (y) the Conversion Price.
Appears in 2 contracts
Samples: Senior Secured Convertible Note (Elicio Therapeutics, Inc.), Senior Secured Convertible Promissory Note (Elicio Therapeutics, Inc.)
Conversion Shares Issuable Upon a Conversion. The number of Conversion Shares issuable upon a conversion hereunder shall be determined by the quotient obtained by dividing (x) the sum principal amount of all outstanding (i) principal, (ii) interest, and (iii) any other amount due under this the Note to be converted as provided in the applicable Notice of Conversion (up to 100%) by (y) the Conversion Price.
Appears in 2 contracts
Samples: Securities Agreement (Camber Energy, Inc.), Securities Purchase Agreement (Camber Energy, Inc.)
Conversion Shares Issuable Upon a Conversion. The number of Conversion Shares issuable upon a conversion hereunder shall be determined by the quotient obtained by dividing (x) the sum principal amount of all outstanding (i) principal, (ii) interest, and (iii) any other amount due under this the Note to be converted as provided in the applicable Notice of Conversion (plus any accrued and unpaid interest thereon) by (y) the Conversion Price.
Appears in 1 contract
Conversion Shares Issuable Upon a Conversion. The number of Conversion Shares issuable upon a conversion hereunder shall be determined by the quotient obtained by dividing (x) the sum of all outstanding (i) principalthe outstanding principal to be converted as provided in the applicable Notice of Conversion, (ii) interest, accrued and unpaid interest thereon (if the Company has elected to pay interest in shares of Common Stock) and (iii) any other amount due under this Note to be converted as provided in the applicable Notice of Conversion by (y) the Conversion Price or Alternate Conversion Price, as applicable.
Appears in 1 contract
Conversion Shares Issuable Upon a Conversion. The number of Conversion Shares issuable upon a conversion hereunder shall be determined by the quotient obtained by dividing (x) the sum principal amount of all outstanding (i) principal, (ii) interest, and (iii) any other amount due under this the Note to be converted as provided in the applicable Notice of Conversion (up to 100%) by (y) the Conversion PricePrice (i.e. $100,000,000 divided by $[] per share equals ____ Conversion Shares).
Appears in 1 contract
Samples: Membership Interest Purchase Agreement (Camber Energy, Inc.)
Conversion Shares Issuable Upon a Conversion. The number of Conversion Shares issuable upon a conversion hereunder shall be determined by the quotient obtained by dividing (x) the sum principal amount of all outstanding (i) principal, (ii) interest, and (iii) any other amount due under this the Note to be converted as provided in the applicable Notice of Conversion (up to 50%) by (y) the Conversion Price.
Appears in 1 contract
Samples: Securities Purchase Agreement (Viking Energy Group, Inc.)
