Common use of Note Shares Issuable Upon Conversion Clause in Contracts

Note Shares Issuable Upon Conversion. The number of shares of Note 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 all accrued and unpaid interest thereon by (y) the Conversion Price.

Appears in 7 contracts

Sources: Securities Purchase Agreement (Cyberdefender Corp), Securities Agreement (Cyberdefender Corp), Securities Purchase Agreement (Cyberdefender Corp)

Note Shares Issuable Upon Conversion. The number of shares of Note 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 all accrued and unpaid interest thereon and any Late Fees, if applicable) by (y) the Conversion Price.

Appears in 1 contract

Sources: Secured Convertible Promissory Note (Cyberdefender Corp)