Conversion Rate. Each share of the Series B Preferred Stock is convertible into the number of shares of the Common Stock shall be calculated by dividing the Stated Value by $0.10 (the "Conversion Price"; the conversion rate so calculated, the "Conversion Rate"), subject to adjustments as set forth in Section 2(e) hereof.
Appears in 2 contracts
Sources: Securities Purchase Agreement (Tangible Asset Galleries Inc), Securities Purchase Agreement (Tangible Asset Galleries Inc)
Conversion Rate. Each share of the Series B Preferred Stock is convertible into the number of shares of the Common Stock as shall be calculated by dividing the Stated Value by $0.10 2.00 (the "“Conversion Price"”; the conversion rate so calculated, the "“Conversion Rate"”), subject to adjustments as set forth in Section 2(e) hereof.
Appears in 2 contracts
Sources: Preferred Stock Purchase Agreement (Datrek Miller International, Inc.), Preferred Stock Purchase Agreement (Datrek Miller International, Inc.)
Conversion Rate. Each share of the Series B Preferred Stock is convertible into the The number of shares of the Common Stock into which each share of the Series C Preferred Stock is convertible into shall be calculated by dividing the Stated Value by $0.10 0.22 (as adjusted from time to time pursuant hereto, the "Conversion Price"; the conversion rate so calculated, the "Conversion Rate"), subject to adjustments adjustment as set forth in Section 2(e) hereof.
Appears in 2 contracts
Sources: Securities Purchase Agreement (Tangible Asset Galleries Inc), Securities Purchase Agreement (Tangible Asset Galleries Inc)
Conversion Rate. Each share of the Series B Preferred Stock is convertible into the number of shares of the Common Stock as shall be calculated by dividing the Stated Value by $0.10 6.75 (the "“Conversion Price"”; the conversion rate so calculated, the "“Conversion Rate"”), subject to adjustments as set forth in Section 2(e1(a)(v) hereof.
Appears in 1 contract
Sources: Preferred Stock Purchase Agreement (Elandia International Inc.)
Conversion Rate. Each share of the Series B D Preferred Stock is convertible into the number of shares of the Common Stock shall be calculated by dividing the Stated Value by $0.10 0.06 (the "Conversion Price"; the conversion rate so calculated, the "Conversion Rate"), subject to adjustments as set forth in Section 2(e) hereof.
Appears in 1 contract
Sources: Securities Purchase Agreement (Tangible Asset Galleries Inc)
Conversion Rate. Each share of the Series B D Preferred Stock is convertible into the number of shares of the Common Stock as shall be calculated by dividing the Stated Value by $0.10 4.00 (the "“Conversion Price"”; the conversion rate so calculated, the "“Conversion Rate"”), subject to adjustments as set forth in Section 2(e) hereof.
Appears in 1 contract
Sources: Preferred Stock Purchase Agreement (Health Systems Solutions Inc)
Conversion Rate. Each share of the Series B C Preferred Stock is convertible into the number of shares of the Common Stock as shall be calculated by dividing the Stated Value by $0.10 2.00 (the "“Conversion Price"”; the conversion rate so calculated, the "“Conversion Rate"”), subject to adjustments as set forth in Section 2(e) hereof.
Appears in 1 contract
Sources: Preferred Stock Purchase Agreement (Health Systems Solutions Inc)
Conversion Rate. Each share of the Series B C Preferred Stock is convertible into the number of shares of the Common Stock as shall be calculated by dividing the Stated Value by $0.10 4.00 (the "“Conversion Price"”; the conversion rate so calculated, the "“Conversion Rate"”), subject to adjustments as set forth in Section 2(e) hereof.
Appears in 1 contract
Sources: Preferred Stock Purchase Agreement (Forefront Holdings, Inc.)