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Common use of Calculation of Conversion Price Clause in Contracts

Calculation of Conversion Price. Effective May 7, 2018, the parties agree to a fixed Market Price of $0.0450, the closing Common Stock price on May 7, 2018. The parties further agree to a Conversion Price of $0.0293.

Appears in 4 contracts

Sources: Convertible Promissory Note (Integral Technologies Inc), Convertible Promissory Note (Integral Technologies Inc), Convertible Promissory Note Amendment (Integral Technologies Inc)

Related Clauses

  • Adjustment of Conversion Price
  • Notice of Adjustments of Conversion Price
  • No Adjustment of Conversion Price
  • Adjustment of Conversion Rate
  • Notice of Conversion Rate Adjustments

Parent Clauses

  • Conversion Price
  • Conversion Rights
  • Governing Law Miscellaneous
  • Failure or Indulgence Not Waiver
  • Remedies

Sub-Clauses

  • Conversion Price Adjustments
  • Share Delivery Obligation
  • Certain Exchange Notice Limitations
  • Generally
  • Certain Acknowledgments and Covenants
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