Common use of Par Value of Common Stock Clause in Contracts

Par Value of Common Stock. So long as Company shall have any obligation under this Note, Company covenants that at any time when Holder shall deliver a Conversion Notice, the par value of Company’s Common Stock shall not be higher than the Conversion Price applicable to such Conversion Notice.

Appears in 2 contracts

Samples: Bruush Oral Care Inc., ETAO International Co., Ltd.

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Par Value of Common Stock. So long as Company shall have any obligation under this Note, Company covenants that at any time when Holder shall deliver a Conversion Notice, the par value of Company’s 's Common Stock shall not be higher than the Conversion Price applicable to such Conversion Notice.

Appears in 2 contracts

Samples: Grom Social Enterprises, Inc., Grom Social Enterprises, Inc.

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