Common use of Securities to be Issued Clause in Contracts

Securities to be Issued. The Holder agrees to accept, and the Company agrees to issue and transfer to the Holder, 2,971,132 shares of the Company's Common Stock, $0.001 par value, having a value of $0.064 per share, which was the closing price of the Common Stock on the Effective Date. The Common Stock issued in payment of the loans shall be referred to in this Agreement as the "Shares".

Appears in 2 contracts

Samples: Agreement to Convert Debt (Us Global Nanospace Inc), Agreement to Convert Debt (Robinson John)

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Securities to be Issued. The Holder agrees to accept, and the Company agrees to issue and transfer to the Holder, 2,971,132 1,763,572 shares of the Company's Common Stock, $0.001 par value, having a value of $0.064 per share, which was the closing price of the Common Stock on the Effective Date. The Common Stock issued in payment of the loans shall be referred to in this Agreement as the "Shares".

Appears in 2 contracts

Samples: Agreement to Convert Debt (Robinson John), Agreement to Convert Debt (Us Global Nanospace Inc)

Securities to be Issued. The Holder agrees to accept, and the Company agrees to issue and transfer to the Holder, 2,971,132 Holder 3,576,505 shares of the Company's ’s Common Stock, par value $0.001 par value0.001, having a an assigned value of $0.064 0.05 per share, which was the closing price of the Common Stock on the Effective Date. The Common Stock issued in payment of the loans Amount Due shall be referred to in this Agreement as the "Shares".

Appears in 1 contract

Samples: Agreement to Convert Unpaid Salary (Genius Brands International, Inc.)

Securities to be Issued. The Holder agrees to accept, and the Company agrees to issue and transfer to the Holder, 2,971,132 Holder 552,202 shares of the Company's ’s Common Stock, par value $0.001 par value0.001, having a an assigned value of $0.064 0.035 per share, which was the closing price of the Common Stock on the Effective Date. The Common Stock issued in payment of the loans Amount Due shall be referred to in this Agreement as the "Shares".

Appears in 1 contract

Samples: Agreement to Convert Unpaid Salary (Genius Brands International, Inc.)

Securities to be Issued. The Holder agrees to accept, and the Company agrees to issue and transfer to the Holder, 2,971,132 2,414,622 shares of the Company's Common Stock, $0.001 par value, having a value of $0.064 0.072 per share, which was the closing price of the Common Stock on the Effective Date. The Common Stock issued in payment of the loans shall be referred to in this Agreement as the "Shares".

Appears in 1 contract

Samples: Agreement to Convert Debt (Us Global Nanospace Inc)

Securities to be Issued. The Holder agrees to accept, and the Company agrees to issue and transfer to the Holder, 2,971,132 457,233 shares of the Company's Common Stock, $0.001 par value, having a fair market value of $0.064 0.33 per share, which was the closing price of the Common Stock on the Effective Date. The Common Stock issued in payment of the loans shall be referred to in this Agreement as the "Shares".April 22,

Appears in 1 contract

Samples: Debt Conversion Agreement (Us Global Nanospace Inc)

Securities to be Issued. The Holder agrees to accept, and the Company agrees to issue and transfer to the Holder, 2,971,132 690,717 shares of the Company's Common Stock, $0.001 par value, having a fair market value of $0.064 0.33 per share, which was the closing price of the Common Stock on the Effective Date. The Common Stock issued in payment of the loans shall be referred to in this Agreement as the "Shares".April 22,

Appears in 1 contract

Samples: Debt Conversion Agreement (Us Global Nanospace Inc)

Securities to be Issued. The Holder agrees to accept, and the Company agrees to issue and transfer to the Holder, 2,971,132 Holder 2,648,805 shares of the Company's ’s Common Stock, par value $0.001 par value0.001, having a an assigned value of $0.064 0.05 per share, which was the closing price of the Common Stock on the Effective Date. The Common Stock issued in payment of the loans Amount Due shall be referred to in this Agreement as the "Shares".

Appears in 1 contract

Samples: Agreement to Convert Unpaid Salary (Genius Brands International, Inc.)

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Securities to be Issued. The Holder agrees to accept, and the Company agrees to issue and transfer to the Holder, 2,971,132 as full and final payment of the Converted Amount, 1,666,667 shares (the “Shares”) of the Company's ’s $0.01 par value per share common stock (“Common Stock”), $0.001 par valueand a warrant, having a value in the form attached hereto as Exhibit A, to purchase 1,666,667 shares of Common Stock at an exercise price of $0.064 1.50 per share, which was share (the closing price of the Common Stock on the Effective Date. The Common Stock issued in payment of the loans shall be referred to in this Agreement as the "Shares"“Warrant”).

Appears in 1 contract

Samples: Agreement to Convert Debt (Hemcure Inc)

Securities to be Issued. The Holder agrees to accept, and the Company agrees to issue and transfer to the Holder, 2,971,132 Holder 3,703,924 shares of the Company's ’s Common Stock, par value $0.001 par value0.001, having a an assigned value of $0.064 0.05 per share, which was the closing price of the Common Stock on the Effective Date. The Common Stock issued in payment of the loans Amount Due shall be referred to in this Agreement as the "Shares".

Appears in 1 contract

Samples: Agreement to Convert Unpaid Salary (Genius Brands International, Inc.)

Securities to be Issued. The Holder agrees to accept, and the Company agrees to issue and transfer to the Holder, 2,971,132 4,009,660 shares of the Company's Common Stock, $0.001 par value, having a value of $0.064 0.075 per share, which was the closing price of the Common Stock on the Effective Date. The Common Stock issued in payment of the loans Amount Owed shall be referred to in this Agreement as the "Shares".

Appears in 1 contract

Samples: Debt Conversion Agreement (Us Global Nanospace Inc)

Securities to be Issued. The Holder agrees to accept, and the Company agrees to issue and transfer to the Holder, 2,971,132 Holder 1,933,078 shares of the Company's ’s Common Stock, par value $0.001 par value0.001, having a an assigned value of $0.064 0.05 per share, which was the closing price of the Common Stock on the Effective Date. The Common Stock issued in payment of the loans Amount Due shall be referred to in this Agreement as the "Shares".

Appears in 1 contract

Samples: Agreement to Convert Unpaid Salary (Genius Brands International, Inc.)

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