Common use of Conversion Rate Clause in Contracts

Conversion Rate. The number of shares of Common Stock issuable upon conversion pursuant to Sections 5.1, 5.2 or 5.3 shall be determined by dividing (x) the Principal Amount (plus other amounts payable) and the amount accrued interest, as the case may be, to be paid (the “Conversion Amount”) by (y) the Mandatory Principal Conversion Price, the Optional Principal Conversion Price or the Interest Conversion Price, as applicable.

Conversion Rate. The number of shares of Common Stock issuable upon conversion pursuant to Sections 5.1, subparagraphs 5.1 or 5.2 or 5.3 shall be determined by dividing (x) the Principal Amount (plus other amounts payable) and the amount accrued interest, as the case may be, to be paid interest (the “"Conversion Amount”") by (y) the Mandatory Principal Conversion Price, the Optional Principal IPO Conversion Price or the Interest Private Financing Conversion Price, as applicable.

Conversion Rate. The number of shares of Common Stock issuable upon conversion of any Conversion Amount pursuant to Sections 5.1, 5.2 or 5.3 Section 2(a) shall be determined by dividing (x) the Principal such Conversion Amount (plus other amounts payable) and the amount accrued interest, as the case may be, to be paid (the “Conversion Amount”) by (y) the Mandatory Principal Conversion Price (the “Conversion Rate”). “Conversion Amount” means the portion of the unpaid principal, Interest, and Lender Fee to be converted, redeemed or otherwise with respect to which this determination is being made. “Conversion Price, the Optional Principal Conversion Price or the Interest Conversion Price” means, as applicableof any Conversion Date or other date of determination, $.01, subject to adjustment as provided herein.

Conversion Rate. The number of shares of Common Stock issuable upon conversion pursuant to Sections 5.1, subparagraphs 5.1 or 5.2 or 5.3 shall be determined by dividing (x) the Principal Amount (plus other amounts payable) and the amount accrued interest, as the case may be, to be paid interest (the “Conversion Amount”) by (y) the Mandatory Principal IPO Conversion Price, the Optional Principal Change of Control Price, the Private Financing Conversion Price or the Interest Conversion Price$1.46, as applicable.

Conversion Rate. The number of shares of Common Stock issuable upon conversion pursuant to Sections 5.1, 5.2 or 5.3 shall be determined by dividing (x) the Principal Amount (plus other amounts payable) and the amount accrued interest, as the case may be, to be paid interest (the “"Conversion Amount”") by (y) the Mandatory Principal Public Offering Conversion Price, the Optional Principal Change of Control Conversion Price Price, or the Interest Optional Conversion Price, as applicable.

Conversion Rate. The number of shares of Common Stock issuable upon conversion pursuant to Sections 5.1, subparagraphs 5.1 or 5.2 or 5.3 shall be determined by dividing (x) the Principal Amount (plus other amounts payable) and the amount accrued interest, as the case may be, to be paid interest (the “"Conversion Amount”") by (y) the Mandatory Principal IPO Conversion Price, the Optional Principal Change of Control Price, the Private Financing Conversion Price or the Interest Conversion Price$1.46, as applicable.

Conversion Rate. The number of shares of Common Stock issuable upon conversion of any Conversion Amount pursuant to Sections 5.1, 5.2 or 5.3 Section 2(a) shall be determined by dividing (x) the Principal such Conversion Amount (plus other amounts payable) and the amount accrued interest, as the case may be, to be paid (the “Conversion Amount”) by (y) the Mandatory Principal Conversion Price (the “Conversion Rate”). “Conversion Amount” means the portion of the unpaid principal, Interest, and Lender Fee to be converted, redeemed or otherwise with respect to which this determination is being made. “Conversion Price, the Optional Principal Conversion Price or the Interest Conversion Price” means, as applicableof any Conversion Date or other date of determination, $1.00, subject to adjustment as provided herein.