Common use of Conversion Stock Issuable Upon Conversion Clause in Contracts

Conversion Stock Issuable Upon Conversion. The number of shares of Conversion Stock issuable upon a conversion hereunder shall be determined by the quotient obtained by dividing (x) the amount of the Convertible Obligations then so converted by (y) the Conversion Price.

Appears in 4 contracts

Samples: JanOne Inc., JanOne Inc., JanOne Inc.

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Conversion Stock Issuable Upon Conversion. The number of shares of Conversion Stock issuable upon a conversion hereunder shall be determined by the quotient obtained by dividing (x) the sum of the outstanding principal amount hereunder so-to-be-converted plus any accrued and unpaid interest so-to-be-converted in connection with such so-to-be-converted principal amount of the Convertible Obligations then so converted obligations set forth in the Original Revolving Line and all amendments thereto, including this Fourth Amendment, by (y) the Fixed Conversion Price.

Appears in 2 contracts

Samples: JanOne Inc., JanOne Inc.

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Conversion Stock Issuable Upon Conversion. The number of shares of Conversion Stock issuable upon a conversion hereunder shall be determined by the quotient obtained by dividing (x) the amount of the Convertible Obligations then so converted by (y) the Conversion Price.

Appears in 2 contracts

Samples: Consulting Agreement (JanOne Inc.), JanOne Inc.

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