Conversion Shares Issuable Upon Conversion of Principal Amount, Interest and Mandatory Default Amount. The number of Conversion Shares issuable upon a conversion hereunder shall be determined by the quotient obtained by dividing (x) the outstanding principal amount of this Note to be converted and any accrued and unpaid interest to be converted, which amount may include the Mandatory Default Amount, if any, by (y) the Conversion Price.
Appears in 4 contracts
Samples: Mphase Technologies Inc, EVmo, Inc., Mphase Technologies Inc
Conversion Shares Issuable Upon Conversion of Principal Amount, Interest and Mandatory Default Amount. The number of Conversion Shares issuable upon a conversion hereunder shall be determined by the quotient obtained by dividing (x) the outstanding principal amount of this Note to be converted and any accrued and unpaid interest to be converted, which amount may include the Mandatory Default Amount, if any, by (y) the Conversion Price.
Appears in 2 contracts
Samples: Securities Purchase Agreement (Corphousing Group Inc.), Luxurban Hotels Inc.
Conversion Shares Issuable Upon Conversion of Principal Amount, Interest and Mandatory Default Amount. The number of Conversion Shares issuable upon a conversion hereunder shall be determined by the quotient obtained by dividing (x) the outstanding principal amount of this Note to be converted and any accrued and unpaid interest to be converted, which amount may include the Mandatory Default Amount, if any, by (y) the applicable Conversion Price.
Appears in 1 contract
Samples: Heritage Distilling Group, Inc.
