Common use of Conversion Shares Issuable Upon a Conversion Clause in Contracts

Conversion Shares Issuable Upon a Conversion. The number of Conversion Shares issuable upon a conversion hereunder shall be determined by the quotient obtained by dividing (x) the principal amount of the Note to be converted (up to 100%) by (y) the Conversion Price. Secured Promissory Note – Viking 10

Appears in 2 contracts

Sources: Securities Agreement (Viking Energy Group, Inc.), Securities Agreement (Camber Energy, Inc.)

Conversion Shares Issuable Upon a Conversion. The number of Conversion Shares issuable upon a conversion hereunder shall be determined by the quotient obtained by dividing (x) the principal amount of the Note to be converted (up to 100%) by (y) the Conversion Price. Secured Promissory Note – Viking 10– February, 2020 Private Placement

Appears in 1 contract

Sources: Securities Purchase Agreement (Viking Energy Group, Inc.)