Number of Conversion Shares; Conversion Price. (A) The number of Conversion Shares to be delivered by the Corporation pursuant to a Conversion shall be determined by dividing (i) the aggregate Stated Value of the Preferred Shares to be converted by (ii) the Conversion Price (as defined below) in effect on the applicable Conversion Date.
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Samples: Securities Purchase Agreement (Webb Interactive Services Inc), Exchange Agreement (Webb Interactive Services Inc)
Number of Conversion Shares; Conversion Price. (A) The number of Conversion Shares to be delivered by the Corporation pursuant to a Conversion shall be determined by dividing (i) the aggregate Stated Value of the Preferred Shares to be converted by (ii) the Conversion Price (as defined below) in effect on the applicable Conversion Date.
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Samples: Securities Purchase Agreement (Webb Interactive Services Inc)
Number of Conversion Shares; Conversion Price. (A) The number of Conversion Shares to be delivered by the Corporation pursuant to a Conversion shall be determined by dividing (i) the aggregate Stated State Value of the Preferred Shares to be converted by (ii) the Conversion Price (as defined below) in effect on the applicable Conversion Date.
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