Common use of Conversion Shares Issuable Upon Conversion of Principal Amount Clause in Contracts

Conversion Shares Issuable Upon Conversion of Principal Amount. The number of shares of Common Stock issuable upon a conversion hereunder shall be determined by the quotient obtained by dividing (x) the outstanding principal amount of this Debenture to be converted by (y) the Conversion Price.

Appears in 143 contracts

Samples: Subscription Agreement (Brampton Crest International Inc), Securities Purchase Agreement (Hartville Group Inc), Security Agreement (CenterStaging Corp.)

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Conversion Shares Issuable Upon Conversion of Principal Amount. The number of shares of Common Stock issuable upon a conversion hereunder shall be determined by the quotient obtained by dividing (x) the outstanding principal amount of this Debenture Note and accrued interest to be converted by (y) the Conversion Price.

Appears in 1 contract

Samples: Environmental Service Professionals, Inc.

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Conversion Shares Issuable Upon Conversion of Principal Amount. The Subject to the provisions of Section 4(c), the number of shares of Common Stock issuable upon a conversion hereunder shall be determined by the quotient obtained by dividing (x) the outstanding principal amount of this Debenture to be converted by (y) the Conversion Price.

Appears in 1 contract

Samples: Access Integrated Technologies Inc

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