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Common use of Default Conversion Price Clause in Contracts

Default Conversion Price. Section 3(c)(xii) of the Convertible Debentures shall be deleted in its entirety and replaced with the following:

Appears in 3 contracts

Sources: Secured Convertible Debentures (Wherify Wireless Inc), Secured Convertible Debenture Amendment (Wherify Wireless Inc), Secured Convertible Debenture Amendment (Wherify Wireless Inc)

Related Clauses

  • Adjustment of Conversion Price
  • Conversion Privilege and Conversion Price
  • Conversion Price
  • Notice of Adjustments of Conversion Price
  • Conversion Price Adjustments

Parent Clauses

  • Conversion
  • CONVERSION OF NOTE
  • Mechanics of Conversion
  • Covenants of Wherify and Wherify California
  • DEFINED TERMS

Sub-Clauses

  • Pro Rata Conversion; Disputes
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