Deemed Conversions. Any repayment of the Monthly Amount in shares of Common Stock pursuant to the terms hereof shall constitute and be deemed a conversion of such portion of the applicable principal amount of this Note for all purposes under this Note.
Appears in 1 contract
Samples: Lmic Inc
Deemed Conversions. Any repayment of the Monthly Amount in shares of Common Stock pursuant to the terms hereof shall constitute and be deemed a conversion of such portion of the applicable principal amount Principal Amount of this Note Debenture for all purposes under this NoteDebenture and the other Transaction Documents (except that such conversion shall be at the Market Price and except as otherwise provided herein).
Appears in 1 contract
Samples: Securities Purchase Agreement (Genesisintermedia Com Inc)
Deemed Conversions. Any repayment of the Monthly Amount in shares of Common Stock pursuant to the terms hereof shall constitute and be deemed a conversion of such portion of the applicable principal amount Stated Value of this Note the Series G Preferred Stock for all purposes under this NoteCertificate and the Purchase Agreement (as defined herein) (except as otherwise provided herein).
Appears in 1 contract
Samples: Securities Exchange Agreement (Jmar Technologies Inc)
Deemed Conversions. Any repayment of the Monthly Amount in shares of Common Stock pursuant to the terms hereof shall constitute and be deemed a conversion of such portion of the applicable principal amount Principal Amount of this Note Debenture for all purposes under this NoteDebenture and the other Agreements (except that such conversion shall be at the Market Price and except as otherwise provided herein).
Appears in 1 contract
Samples: Fonar Corp
Deemed Conversions. Any repayment of the Monthly Amount in shares ------------------- of Common Stock pursuant to the terms hereof shall constitute and be deemed a conversion of such portion of the applicable principal amount of this Note for all purposes under this NoteNote and the Purchase Agreement (except as otherwise provided herein).
Appears in 1 contract
Samples: Global Sports & Entertainment Inc/