Common use of Conversion Number Clause in Contracts

Conversion Number. The Conversion Number for the purposes of clause 5 is calculated according to the following formula: Conversion Number = Shares Currently Issued x Debt Amount Equity Value Where:

Appears in 1 contract

Sources: Co Ordination Agreement

Conversion Number. The Conversion Number for the purposes of clause 5 4 is calculated according to the following formula: Conversion Number = Shares Currently Issued x Debt Amount Equity Value Where:

Appears in 1 contract

Sources: Co Ordination Agreement