Common use of Conversion Mechanics Clause in Contracts

Conversion Mechanics. The number of shares of Common Stock to be issued upon each conversion of this Debenture shall be determined by dividing that portion of the Principal Amount and interest and fees to be converted, if any, by the then applicable Conversion Price.

Appears in 7 contracts

Samples: Convertible Debenture (KonaRed Corp), Tauriga Sciences, Inc., Tauriga Sciences, Inc.

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Conversion Mechanics. The number of shares of Common Stock to be issued upon each conversion of this Debenture Amended and Restated Note shall be determined by dividing that portion of the Principal Amount and interest and fees to be converted, if any, by the then applicable Conversion Price.

Appears in 3 contracts

Samples: RespireRx Pharmaceuticals Inc., RespireRx Pharmaceuticals Inc., RespireRx Pharmaceuticals Inc.

Conversion Mechanics. The number of shares of Common Stock to be issued upon each conversion of this Debenture Note shall be determined by dividing that portion of the Principal Amount principal and interest and fees to be converted, if any, by the then applicable Conversion Price. .

Appears in 1 contract

Samples: China Aoxing Pharmaceutical Company, Inc.

Conversion Mechanics. The number of shares of Common Stock to be issued upon each conversion of this Debenture Note shall be determined by dividing that portion of the Principal Amount and principal, interest and fees to be converted, if any, by the then applicable Fixed Conversion Price.

Appears in 1 contract

Samples: Airnet Communications Corp

Conversion Mechanics. (a) The number of shares of Common Stock to be issued upon each conversion of this Debenture Judgment pursuant to this Section 1 shall be determined by dividing that portion of the Principal Amount and interest and fees to be converted, if any, by the then applicable Fixed Conversion Price.

Appears in 1 contract

Samples: Judgment Conversion Agreement (Quest Minerals & Mining Corp)

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Conversion Mechanics. (a) The number of shares of Common Stock common stock to be issued upon each conversion of this Debenture shall be determined by dividing that portion of the Principal Amount principal amount and interest and fees to be converted, if any, by converted at $1.50 per share (the then applicable Conversion Price”).

Appears in 1 contract

Samples: Stock Purchase Agreement (Catalyst Ventures Inc)

Conversion Mechanics. (a) The number of shares of Common Stock to be issued upon each conversion of this Debenture shall be determined by dividing that portion of the Principal Amount and interest and fees to be converted, if any, by the then applicable Conversion Price.

Appears in 1 contract

Samples: Securities Purchase Agreement (Leo Motors, Inc.)

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