Common use of Conversion Price; Conversion Shares Clause in Contracts

Conversion Price; Conversion Shares. The conversion price for the Principal Amount and interest accrued under this Note shall be $7.00 ("Conversion Price"). The number of Units issuable upon a conversion hereunder shall be determined by the quotient obtained by dividing (x) the outstanding Principal Amount of this Note, plus accrued and unpaid interest thereon, to be converted by (y) the applicable Conversion Price.

Appears in 4 contracts

Samples: Form of Note (Orgenesis Inc.), Subscription Agreement (Orgenesis Inc.), Orgenesis Inc.

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