Conversion Price. The Conversion Price shall be $0.50 per share of Common Stock, subject to adjustment as set forth in Section 1.2 of this Note. The number of shares of Common Stock to be issued upon each conversion of this Note shall be determined by dividing the Conversion Amount by the Conversion Price in effect on the Conversion Date.
Appears in 2 contracts
Sources: Convertible Promissory Note (Thermoenergy Corp), Convertible Promissory Note (Thermoenergy Corp)
Conversion Price. The Conversion Price shall be $0.50 conversion price per share of Common Stock, subject to adjustment as set forth in Section 1.2 of this NoteStock for the Note shall be $7.125 per share. The number of shares of Common Stock to be issued issuable upon each conversion of this the Note shall be determined by dividing the Conversion Amount dollar amount of the outstanding principal of the Note to be converted, by the Conversion Price in effect on the Conversion Date$7.
Appears in 2 contracts
Sources: Loan Agreement (Alpharma Inc), Loan Agreement (Ascent Pediatrics Inc)
Conversion Price. (i) The Conversion Price price at which shares of Common Stock shall be $0.50 delivered upon conversion (herein called the Conversion Price) shall initially be US$2.20 (Two US dollars and two cents) per share of Common Stock, subject to adjustment as set forth in Section 1.2 of this Note. The number of .
(ii) Each US$1000 Note Unit shall be convertible into 454 shares of Common Stock to be issued upon each conversion of this Note shall be determined by dividing the Conversion Amount by the Borrower’s common stock.
(iii) The Conversion Price in effect on the Conversion Dateor to be in effect at any time shall be subject to adjustment from time to time as provided in subsection 6.5.
Appears in 2 contracts
Sources: 10% Subordinated Note (Sunrise Energy Resources Inc), 10% Subordinated Note (Sunrise Energy Resources Inc)
Conversion Price. The Conversion Price shall be $0.50 conversion price per share of Common StockStock issuable upon conversion of the Notes (as such price may be adjusted, subject to adjustment as set forth in Section 1.2 herein called the "Conversion Price") shall initially be $59.92 (which reflects a conversion rate of this Note. The number of 16.6884 shares of Common Stock to be issued upon each conversion per $1,000 in principal amount of this Note shall be determined by dividing the Conversion Amount by the Conversion Price in effect on the Conversion DateNotes).
Appears in 2 contracts
Sources: Indenture (Cellular Communications International Inc), Indenture (Cellular Communications International Inc)
Conversion Price. The Conversion Price shall be $0.50 price per share of Common Stock, subject to adjustment as set forth Stock issuable upon conversion of the Securities shall initially be $27.34 (or $27.34 in Section 1.2 principal amount of this Note. The number of shares Securities for each such share of Common Stock to be issued upon each conversion of this Note shall be determined by dividing Stock) (the "Conversion Amount by the Conversion Price in effect on the Conversion DatePrice").
Appears in 1 contract
Conversion Price. The Conversion Price shall be $0.50 conversion price per share of Common Stock, subject to adjustment as set forth Stock issuable upon conversion of the Securities (herein called the "Conversion Price") shall initially be $37.1875 (or $37.1875 in Section 1.2 principal amount of this Note. The number of shares Securities for each such share of Common Stock to be issued upon each conversion of this Note shall be determined by dividing the Conversion Amount by the Conversion Price in effect on the Conversion DateStock).
Appears in 1 contract
Conversion Price. The Conversion Price shall be $0.50 conversion price per share of Common Stock, subject to adjustment as set forth Stock issuable upon conversion of the Securities (the "Conversion Price") shall initially be $13.95 (or $13.95 in Section 1.2 principal amount of this Note. The number of shares Securities for each such share of Common Stock to be issued upon each conversion of this Note shall be determined by dividing the Conversion Amount by the Conversion Price in effect on the Conversion DateStock).
Appears in 1 contract
Sources: Indenture (Platinum Technology Inc)
Conversion Price. The Conversion Price shall be $0.50 conversion price per share of Common Stock, subject to adjustment as set forth Stock issuable upon conversion of the Securities (herein called the "Conversion Price") shall initially be $29.70 (or $29.70 in Section 1.2 principal amount of this Note. The number of shares Securities for each such share of Common Stock to be issued upon each conversion of this Note shall be determined by dividing the Conversion Amount by the Conversion Price in effect on the Conversion DateStock).
Appears in 1 contract
Sources: Indenture (Occusystems Inc)
Conversion Price. The conversion price per Common Share issuable upon conversion of the Securities (as such price may be adjusted, herein called the "Conversion Price Price") shall initially be $0.50 68.90 (which reflects a conversion rate of 14.5138 Common Shares per share $1,000 in principal amount of Common Stock, subject to adjustment as set forth in Section 1.2 of this Note. The number of shares of Common Stock to be issued upon each conversion of this Note shall be determined by dividing the Conversion Amount by the Conversion Price in effect on the Conversion DateSecurities).
Appears in 1 contract
Sources: Indenture (Leucadia National Corp)
Conversion Price. The Conversion Price shall be $0.50 per share of Common Stock, subject to adjustment as set forth in Section 1.2 of this Note. The number of shares of Common Stock issuable upon conversion shall be equal to be issued upon each conversion the principal amount of this Note Note, or such portion thereof, divided by the conversion price in effect at the time of conversion (the "Current Conversion Price") and rounded to the nearest one-hundredth of a share. The initial conversion price shall be determined by dividing the Conversion Amount by the Conversion Price in effect on the Conversion Date$1.00 per share of Common Stock.
Appears in 1 contract
Sources: Note Agreement (Transnational Financial Network Inc)
Conversion Price. The Conversion Price shall be $0.50 conversion price per share of Common StockStock issuable upon conversion of the Securities (as such price may be adjusted, subject to adjustment as set forth in Section 1.2 herein called the "Conversion Price) shall initially be $35.50 (which reflects a conversion rate of this Note. The number of 28.17 shares of Common Stock to be issued upon each conversion per $1,000 in principal amount of this Note shall be determined by dividing the Conversion Amount by the Conversion Price in effect on the Conversion DateSecurities).
Appears in 1 contract
Conversion Price. The Conversion Price shall be $0.50 conversion price per share of Common Stock, subject to adjustment as set forth Stock issuable upon conversion of the Securities (herein called the "Conversion Price") shall initially be $28.5075 (or $28.5075 in Section 1.2 principal amount of this Note. The number of shares Securities for each such share of Common Stock to be issued upon each conversion of this Note shall be determined by dividing the Conversion Amount by the Conversion Price in effect on the Conversion DateStock).
Appears in 1 contract
Sources: Indenture (Getty Images Inc)
Conversion Price. The Conversion Price shall be $0.50 conversion price per share of Common StockStock issuable upon conversion of the Securities (as such price may be adjusted, subject to adjustment as set forth in Section 1.2 herein called the "Conversion Price") shall initially be $46.57 (which reflects a conversion rate of this Note. The number of 21.47127 shares of Common Stock to be issued upon each conversion per $1,000 in principal amount of this Note shall be determined by dividing the Conversion Amount by the Conversion Price in effect on the Conversion DateSecurities).
Appears in 1 contract
Conversion Price. The Conversion Price shall be $0.50 conversion price per share of Common StockStock issuable upon conversion of the Securities (as such price may be adjusted, subject to adjustment as set forth in Section 1.2 herein called the "Conversion Price") shall initially be $5.00 (which reflects a conversion rate of this Note. The number of 200 shares of Common Stock to be issued upon each conversion per $1,000 in principal amount of this Note shall be determined by dividing the Conversion Amount by the Conversion Price in effect on the Conversion DateSecurities).
Appears in 1 contract
Sources: Indenture (Arris Group Inc)
Conversion Price. The Conversion Price shall be $0.50 conversion price per share of Common StockStock issuable upon conversion of the Notes (as such price may be adjusted, subject to adjustment as set forth in Section 1.2 herein called the "Conversion Price) shall initially be $44.50 (which reflects a conversion rate of this Note. The number of 22.4719 shares of Common Stock to be issued upon each conversion per $1,000 in principal amount of this Note shall be determined by dividing the Conversion Amount by the Conversion Price in effect on the Conversion DateNotes).
Appears in 1 contract
Sources: Indenture (Fine Host Corp)
Conversion Price. The Conversion Price shall be $0.50 conversion price per share of Common Stock, subject to adjustment as set forth in Section 1.2 Stock issuable upon conversion of this Note. The number of the Notes shall initially be $6.00 (or 166.6667 shares of Common Stock to be issued upon each conversion per $1,000 principal amount of this Note shall be determined by dividing the Conversion Amount by the Conversion Price in effect on the Conversion DateNotes).
Appears in 1 contract
Sources: Indenture (Surety Capital Corp /De/)
Conversion Price. (i) The Conversion Price price at which shares of Common Stock shall be $0.50 delivered upon conversion (herein called the Conversion Price) shall initially be US$1.40 (One US dollar and forty cents) per share of Common Stock, subject to adjustment as set forth in Section 1.2 of this Note. The number of .
(ii) Each US$1000 Note Unit shall be convertible into 714 shares of Common Stock to be issued upon each conversion of this Note shall be determined by dividing the Conversion Amount by the Borrower’s common stock.
(iii) The Conversion Price in effect on the Conversion Dateor to be in effect at any time shall be subject to adjustment from time to time as provided in subsection 6.5.
Appears in 1 contract
Conversion Price. The Conversion Price shall be $0.50 conversion price per share of Common StockStock issuable upon conversion of the Securities (as such price may be adjusted, subject to adjustment as set forth in Section 1.2 herein called the "Conversion Price") shall initially be $24.00 (which reflects a conversion rate of this Note. The number of 41.6667 shares of Common Stock to be issued upon each conversion per $1,000 in principal amount of this Note shall be determined by dividing the Conversion Amount by the Conversion Price in effect on the Conversion DateSecurities).
Appears in 1 contract
Sources: Indenture (Antec Corp)
Conversion Price. The Conversion Price shall be $0.50 conversion price per share of Common Stock, subject to adjustment as set forth Stock issuable upon conversion of the Securities shall initially be $27.50 (or $27.50 in Section 1.2 principal amount of this Note. The number of shares Securities for each such share of Common Stock to be issued upon each conversion of this Note shall be determined by dividing the Conversion Amount by the Conversion Price in effect on the Conversion DateStock).
Appears in 1 contract
Conversion Price. The Conversion Price shall be $0.50 conversion price per share of Common StockStock issuable upon conversion of the Securities (as such price may be adjusted, subject to adjustment as set forth in Section 1.2 herein called the "Conversion ---------- Price") shall initially be $15.735 (which reflects a conversion rate of this Note. The number of 63.5526 ----- shares of Common Stock to be issued upon each conversion per $1,000 in principal amount of this Note shall be determined by dividing the Conversion Amount by the Conversion Price in effect on the Conversion DateSecurities).
Appears in 1 contract
Conversion Price. The Conversion Price shall be $0.50 conversion price per share of Common Stock, subject to adjustment as set forth in Section 1.2 Stock issuable upon conversion of this Note. The number of the Securities shall initially be $8.75 (or 114.2857 shares of Common Stock to be issued upon each conversion per $1,000 principal amount of this Note shall be determined by dividing the Conversion Amount by the Conversion Price in effect on the Conversion DateNotes).
Appears in 1 contract
Sources: Indenture (Petsmart Inc)
Conversion Price. The Conversion Price shall be $0.50 conversion price per share of Common StockStock issuable upon conversion of the Securities (the "Conversion Price") shall initially be $36.0525, subject to adjustment as set forth in pursuant to Section 1.2 of this Note. The number of shares of Common Stock to be issued upon each conversion of this Note shall be determined by dividing the Conversion Amount by the Conversion Price in effect on the Conversion Date12.5.
Appears in 1 contract
Sources: Indenture (Platinum Technology Inc)
Conversion Price. The Conversion Price shall be $0.50 conversion price per share of Common StockStock issuable upon conversion of the Securities (as such price may be adjusted, subject to adjustment as set forth in Section 1.2 herein called the "Conversion Price") shall initially be $15.55 (which reflects a conversion rate of this Note. The number of 64.3087 shares of Common Stock to be issued upon each conversion per $1,000 in principal amount of this Note shall be determined by dividing the Conversion Amount by the Conversion Price in effect on the Conversion DateSecurities).
Appears in 1 contract
Conversion Price. The Conversion Price shall be $0.50 conversion price per share of Common StockStock issuable upon conversion of the Securities (as such price may be adjusted, subject to adjustment as set forth in Section 1.2 herein called the "Conversion Price") shall initially be $47.25 (which reflects a conversion rate of this Note. The number of 21.164 shares of Common Stock to be issued upon each conversion per $1,000 in principal amount of this Note shall be determined by dividing the Conversion Amount by the Conversion Price in effect on the Conversion DateSecurities).
Appears in 1 contract
Sources: Indenture (Halter Marine Group Inc)
Conversion Price. The Conversion Price shall be $0.50 conversion price per share of Common Stock, subject to adjustment as set forth Stock issuable upon conversion of the Securities shall initially be $51.75 (or $51.75 in Section 1.2 principal amount of this Note. The number of shares Securities for each such share of Common Stock to be issued upon each conversion of this Note shall be determined by dividing the Conversion Amount by the Conversion Price in effect on the Conversion DateStock).
Appears in 1 contract
Sources: Indenture (Tower Automotive Inc)
Conversion Price. The Conversion Price shall be $0.50 conversion price per share of Common StockStock issuable upon conversion of the Securities (as such price may be adjusted, subject to adjustment as set forth in Section 1.2 herein called the "Conversion Price") shall initially be $32.81 (which reflects a conversion rate of this Note. The number of 30.4785 shares of Common Stock to be issued upon each conversion per $1,000 in principal amount of this Note shall be determined by dividing the Conversion Amount by the Conversion Price in effect on the Conversion DateSecurities).
Appears in 1 contract
Conversion Price. The Conversion Price shall be $0.50 conversion price per share of Common Stock, subject to adjustment as set forth in Section 1.2 of this Note. The number of shares of Common Stock to be issued issuable upon each conversion of this Note the Securities (herein called the "Conversion Price") shall initially be determined by dividing the Conversion Amount by the Conversion Price in effect on the Conversion Date$26.25 (equivalent to a conversion rate of 38.0952 shares per $1,000 principal amount of Securities).
Appears in 1 contract
Conversion Price. The Conversion Price shall be $0.50 conversion price per share of Common StockStock issuable upon conversion of the Securities (as such price may be adjusted, subject to adjustment as set forth in Section 1.2 herein called the "Conversion Price") shall initially be $38.66 (which reflects a conversion rate of this Note. The number of 25.869 shares of Common Stock to be issued upon each conversion per $1,000 in principal amount of this Note shall be determined by dividing the Conversion Amount by the Conversion Price in effect on the Conversion DateSecurities).
Appears in 1 contract
Sources: Indenture (Oak Industries Inc)
Conversion Price. The Conversion Price shall be $0.50 conversion price per share of Common Stock, subject to adjustment as set forth Stock issuable upon conversion of the Securities (herein called the "Conversion Price") shall initially be $41.25 (or $41.25 in Section 1.2 principal amount of this Note. The number of shares Securities for each such share of Common Stock to be issued upon each conversion of this Note shall be determined by dividing the Conversion Amount by the Conversion Price in effect on the Conversion DateStock).
Appears in 1 contract