Calculation of Conversion Price. The per share conversion price into which Principal Amount and interest (including any Default Interest) under this Note shall be convertible into shares of Common Stock hereunder (the “Conversion Price”) shall equal $0.
Appears in 4 contracts
Sources: Securities Purchase Agreement (Infinite Group Inc), Securities Purchase Agreement (RespireRx Pharmaceuticals Inc.), Securities Purchase Agreement (RespireRx Pharmaceuticals Inc.)
Calculation of Conversion Price. The per share conversion price into which Principal Amount and interest (including any Default Interest) under this Note shall be convertible into shares of Common Stock hereunder (the “Conversion Price”) shall equal be $00.06 per share (the “Fixed Conversion Price”).” The related provisions in any of the other Transaction Documents, if any, shall be amended accordingly.
Appears in 1 contract
Sources: Transaction Documents (Grom Social Enterprises, Inc.)