Common use of Conversion Shares Issuable Upon a Conversion Clause in Contracts

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 principal amount of the Note to be converted (up to 100%) by (y) the Conversion Price. Secured Promissory Note – Viking 10

Appears in 2 contracts

Samples: Viking Energy Group, Inc., Camber Energy, Inc.

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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 principal amount of the Note to be converted (up to 100%) by (y) the Conversion Price. Secured Promissory Note – Viking 10– February, 2020 Private Placement

Appears in 1 contract

Samples: Viking Energy Group, Inc.

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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 principal amount of the Note to be converted (up to 100%) by (y) the Conversion Price. Secured Promissory Note – Viking 10Price (i.e. $100,000,000 divided by $[] per share equals ____ Conversion Shares).

Appears in 1 contract

Samples: Membership Interest Purchase Agreement (Camber Energy, Inc.)

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