Conversion Mechanics. The number of shares of Common Stock to be issued upon each conversion of this Note shall be determined by dividing that portion of the principal and interest and fees to be converted, if any, by the then applicable Fixed Conversion Price.
Appears in 56 contracts
Samples: Other Companies (American Technologies Group Inc), Other Companies (American Technologies Group Inc), Secured Revolving Note (Miscor Group, Ltd.)
Conversion Mechanics. The number of shares of Common Stock to be issued upon each conversion of this Note shall be determined by dividing that portion of the principal and interest and fees to be converted, if any, by the then applicable Fixed Conversion Price. In the event of any conversions of a portion of the outstanding Principal Amount pursuant to this Article III, such conversions shall be deemed to constitute conversions of the outstanding Principal Amount applying to Monthly Amounts for the remaining Amortization Dates in chronological order.
Appears in 43 contracts
Samples: Securities Purchase Agreement (Modtech Holdings Inc), Other Companies (American Technologies Group Inc), Securities Purchase Agreement (Standard Management Corp)
Conversion Mechanics. (a) The number of shares of Common Stock to be issued upon each conversion of this Note pursuant to this Article III shall be determined by dividing that portion of the principal Principal Amount and interest and fees to be converted, if any, by the then applicable Fixed Conversion Price.
Appears in 5 contracts
Samples: Loan Agreement (Trilliant Exploration Corp), Conolog Corp, Goldspring Inc
Conversion Mechanics. The number of shares of Common Stock to be issued upon each conversion of this Note shall be determined by dividing that portion of the principal and interest and fees to be converted, if any, by the then applicable Fixed Conversion Price.
Appears in 2 contracts
Conversion Mechanics. The number of shares of Common Stock to be issued upon each conversion of this Note shall be determined by dividing that portion of the principal and interest and fees to be converted, if any, by the then applicable Fixed Conversion Price.
Appears in 2 contracts
Samples: Airnet Communications Corp, Airnet Communications Corp
Conversion Mechanics. The number of shares of Common Stock to be issued upon each conversion of this Note shall be determined by dividing that portion of the principal and interest and fees to be converted, if any, by the then applicable Fixed Conversion Price. The issuance of Conversion Shares to the Holder shall be deemed payment for that portion of the principal and interest and fees, if any, that were converted.
Appears in 1 contract
Samples: House of Brussels Chocolates Inc
