Common use of Exchange Number Clause in Contracts

Exchange Number. If the Company is permitted to honor an Exchange by issuing shares of Common Stock in respect thereof, then the number of shares of Common Stock issuable in respect of such Exchange shall be determined by dividing (x) the Exchange Amount (as defined below) in respect of such Exchange by (y) the Exchange Price (as defined below) in respect of such Exchange (such number of shares of Common Stock so issuable being the “Exchange Number”).

Appears in 5 contracts

Samples: Securities Purchase Agreement (Unilife Corp), Securities Purchase Agreement (Geoglobal Resources Inc.), Letter Agreement (Geoglobal Resources Inc.)

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