Common use of Conversion Shares Issuable Upon Conversion Clause in Contracts

Conversion Shares Issuable Upon Conversion. 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, plus any accrued and unpaid interest thereon to be converted, by (y) the Conversion Price.

Appears in 8 contracts

Samples: Securities Purchase Agreement (Cardax, Inc.), Securities Purchase Agreement (Cardax, Inc.), Securities Purchase Agreement (Cardax, Inc.)

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Conversion Shares Issuable Upon Conversion. 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, plus any accrued and unpaid converted and/or interest thereon elected by the Holder or Borrower to be converted, converted by (y) the Conversion Price.

Appears in 8 contracts

Samples: Securities Purchase Agreement (Accelerated Pharma, Inc.), Securities Purchase Agreement (Accelerated Pharma, Inc.), Securities Purchase Agreement (Accelerated Pharma, Inc.)

Conversion Shares Issuable Upon Conversion. 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, plus at the Holder’s option, any accrued and unpaid interest thereon to be converted, by (y) the Conversion Price.

Appears in 8 contracts

Samples: Securities Purchase Agreement (Cardax, Inc.), Securities Purchase Agreement (Cardax, Inc.), Securities Purchase Agreement (Cardax, Inc.)

Conversion Shares Issuable Upon Conversion. 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, plus and any accrued and unpaid interest thereon to be converted, converted by (y) the Conversion Price.

Appears in 4 contracts

Samples: Master Note Purchase Agreement (Acuitas Group Holdings, LLC), Master Note Purchase Agreement (Acuitas Group Holdings, LLC), Senior Secured Note (Ontrak, Inc.)

Conversion Shares Issuable Upon Conversion. 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, plus any and accrued and but unpaid interest thereon to be converted, converted by (y) the Conversion Price.

Appears in 4 contracts

Samples: Share Exchange Agreement (Avant Diagnostics, Inc), Convertible Security Agreement (Avant Diagnostics, Inc), Convertible Security Agreement (Avant Diagnostics, Inc)

Conversion Shares Issuable Upon Conversion. 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, plus any accrued and unpaid interest thereon to be converted, by (y) the Conversion Price.

Appears in 4 contracts

Samples: Convertible Security Agreement (Psyence Biomedical Ltd.), Convertible Security Agreement (Psyence Biomedical Ltd.), Convertible Security Agreement (Psyence Biomedical Ltd.)

Conversion Shares Issuable Upon Conversion. 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 convertedconverted plus, plus any if so specified in the Conversion Notice, accrued but unpaid interest, and unpaid interest thereon other amounts owing to be convertedthe Holder under this Note, by (y) the Conversion Price. “Conversion Shares” shall mean, collectively, the shares of Common Stock issuable upon conversion of this Note in accordance with the terms hereof.

Appears in 3 contracts

Samples: Promissory Notes (Bridgeline Digital, Inc.), Promissory Note (Bridgeline Digital, Inc.), Promissory Note Amendment (Bridgeline Digital, Inc.)

Conversion Shares Issuable Upon Conversion. 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, plus any accrued and unpaid interest thereon to be converted, converted by (y) the Conversion Price.

Appears in 3 contracts

Samples: Subordinated Note (Spy Inc.), Debt Subordination Agreement (Spy Inc.), Debt Subordination Agreement (Spy Inc.)

Conversion Shares Issuable Upon Conversion. 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, converted plus any accrued and unpaid interest thereon to be converted, being converted by (y) the Conversion Price.

Appears in 2 contracts

Samples: Convertible Security Agreement (Blue Calypso, Inc.), Exchange Agreement (Blue Calypso, Inc.)

Conversion Shares Issuable Upon Conversion. 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 convertedconverted plus accrued but unpaid interest, plus any accrued and unpaid interest thereon other amounts owing to be convertedthe Holder under this Note as of the Conversion Date, by (y) the Conversion Price.

Appears in 2 contracts

Samples: Convertible Security Agreement (NewBridge Global Ventures, Inc.), Convertible Security Agreement (Bridgeline Digital, Inc.)

Conversion Shares Issuable Upon Conversion. 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 of, together with accrued but unpaid interest on, this Note to be converted, plus any accrued and unpaid interest thereon to be converted, by (y) the Conversion Price.. ​

Appears in 2 contracts

Samples: Convertible Security Agreement (ACE Convergence Acquisition Corp.), Securities Purchase Agreement (ACE Convergence Acquisition Corp.)

Conversion Shares Issuable Upon Conversion. 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, plus any accrued and unpaid interest thereon to be converted, converted by (y) the Conversion Price.

Appears in 2 contracts

Samples: Convertible Security Agreement (AzurRx BioPharma, Inc.), Convertible Security Agreement (AzurRx BioPharma, Inc.)

Conversion Shares Issuable Upon Conversion. 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 (including all previously capitalized PIK Interest thereon) to be converted, plus any accrued and unpaid interest thereon to be converted, converted by (y) the Conversion Price.

Appears in 2 contracts

Samples: Debt Subordination Agreement (Spy Inc.), Debt Subordination Agreement (Spy Inc.)

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Conversion Shares Issuable Upon Conversion. 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, plus at the Holder’s option, any accrued and unpaid interest thereon to be converted, by (y) the Conversion Price, subject to adjustment as provided herein.

Appears in 1 contract

Samples: Secured Convertible Promissory Note (Cardax, Inc.)

Conversion Shares Issuable Upon Conversion. 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, plus any accrued and unpaid interest thereon to be converted, converted by (y) the Conversion Price.

Appears in 1 contract

Samples: Securities Purchase Agreement (Protalex Inc)

Conversion Shares Issuable Upon Conversion. 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 of, together with accrued but unpaid interest on, this Note to be converted, plus any accrued and unpaid interest thereon to be converted, by (y) the Conversion Price.

Appears in 1 contract

Samples: Convertible Security Agreement (Iris Acquisition Corp)

Conversion Shares Issuable Upon Conversion. 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 Debenture to be converted, plus any accrued and unpaid interest thereon to be converted, converted by (y) the Conversion Price.

Appears in 1 contract

Samples: Convertible Security Agreement (Mitek Systems Inc)

Conversion Shares Issuable Upon Conversion. The number of Conversion Shares issuable upon a conversion hereunder shall be determined by the quotient obtained by dividing (x) the outstanding principal and interest amount of this Note to be converted, plus any accrued and unpaid interest thereon to be converted, converted by (y) the Conversion Price.

Appears in 1 contract

Samples: Convertible Security Agreement (Snap Interactive, Inc)

Conversion Shares Issuable Upon Conversion. 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, plus any accrued and unpaid interest thereon to be converted, by (y) the Conversion Price.

Appears in 1 contract

Samples: Convertible Security Agreement (Klotho Neurosciences, Inc.)

Conversion Shares Issuable Upon Conversion. 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 convertedconverted (including, for the avoidance of doubt, any In-Kind Interest) plus any accrued and but unpaid interest thereon to be convertedcalculated on the basis of a year of 360 days, by (y) the Conversion Price.

Appears in 1 contract

Samples: Note (AtlasClear Holdings, Inc.)

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