Mechanics of Conversion. (a) The number of Underlying Shares issuable upon any conversion hereunder shall equal the outstanding principal amount of this Note to be converted, divided by the Conversion Price on the Conversion Date, plus (if indicated in the applicable Conversion Notice) the amount of any accrued but unpaid interest on this Note through the Conversion Date, divided by the Conversion Price on the Conversion Date.
Appears in 12 contracts
Samples: HydroPhi Technologies Group, Inc., Securities Purchase Agreement (Global Clean Energy Holdings, Inc.), Securities Purchase Agreement (Matrix Service Co)
Mechanics of Conversion. (a) The number of Underlying Shares issuable upon any conversion hereunder shall equal the outstanding principal amount of this Note Debenture to be convertedconverted and any interest that has been added to such principal amount in accordance with Section 2 hereof, divided by the Conversion Price on the Conversion Date, plus (if indicated in the applicable Conversion Notice) the amount of any accrued but unpaid interest on this Note through the Conversion Date, divided by the Conversion Price on the Conversion DatePrice.
Appears in 10 contracts
Samples: Achievement Tech Holdings Inc /Id/, Achievement Tech Holdings Inc /Id/, Achievement Tech Holdings Inc /Id/
Mechanics of Conversion. (a) The number of Underlying Shares issuable upon any conversion hereunder shall equal the outstanding principal amount of this Note Debenture to be converted, divided by the Conversion Price on the Conversion Date, plus (if indicated in the applicable Conversion Notice) the amount of any accrued but unpaid interest on this Note Debenture through the Conversion Date, divided by the Conversion Price on the Conversion Date.
Appears in 4 contracts
Samples: Aerogen Inc, Aerogen Inc, Aerogen Inc
Mechanics of Conversion. (a) The number of Underlying Shares issuable upon any conversion hereunder shall equal the outstanding principal amount of this Note to be converted, divided by the Conversion Price on the Conversion Date, plus (if indicated in the applicable Conversion Notice) the amount of any accrued but unpaid interest on this Note through the Conversion Date, divided by the Conversion Price on the Conversion Date.
Appears in 4 contracts
Samples: Credit Agreement (Communication Intelligence Corp), Intercloud Systems, Inc., Intercloud Systems, Inc.
Mechanics of Conversion. (a) The number of Underlying Shares issuable upon any conversion hereunder shall equal the outstanding principal amount of this Note to be converted, divided by the Conversion Price on the Conversion Date, plus (if indicated in the applicable Conversion Notice) the amount of any accrued but unpaid interest on this Note through the Conversion Date, divided by the Conversion Price on the Conversion Date.
Appears in 3 contracts
Samples: Empire Petroleum Corp, Empire Petroleum Corp, Securities Purchase Agreement (Empire Petroleum Corp)
Mechanics of Conversion. (a) The number of Underlying Shares issuable upon any conversion hereunder shall equal the outstanding principal amount of this Note Debenture to be converted, divided by the Conversion Price on the Conversion Date, plus (if indicated in the applicable Conversion Notice) the amount of any accrued but unpaid interest on this Note through the Conversion Date, divided by the Conversion Price on the Conversion Date.
Appears in 2 contracts
Samples: Subordination Agreement (Bakers Footwear Group Inc), Registration Rights Agreement (Bakers Footwear Group Inc)
Mechanics of Conversion. (a) The number of Underlying Shares issuable upon any conversion hereunder shall equal the outstanding principal amount of this Note to be converted, divided by the Conversion Price on the Conversion Date, plus (if indicated in the applicable Conversion NoticeNotice or the Company Conversion Notice and permitted by Section 5(c)) the amount of any accrued but unpaid interest on this Note through the Conversion Date, divided by the Conversion Price on the Conversion Date.
Appears in 2 contracts
Samples: ProsoftTraining, ProsoftTraining
Mechanics of Conversion. (a) The number of Underlying Shares issuable upon any conversion hereunder shall equal the outstanding principal amount of this Note to be converted, divided by the Conversion Price on the Conversion Date, plus (if indicated in the applicable Conversion Notice or the Borrower Conversion Notice) the amount of any accrued but unpaid interest on this Note through the Conversion Date, divided by the Conversion Price on the Conversion Date.
Appears in 2 contracts
Samples: 2004 Securities Purchase Agreement (Zoltek Companies Inc), 2004 Securities Purchase Agreement (Zoltek Companies Inc)
Mechanics of Conversion. (a) The number of Underlying Shares issuable upon any conversion hereunder shall equal the outstanding principal amount of this Note Debenture to be converted, divided by the Conversion Price on the Conversion Date, plus (if indicated in the applicable Conversion Notice or the Company Conversion Notice) the amount of any accrued but unpaid interest on this Note Debenture through the Conversion Date or the Company Conversion Date, divided by the Conversion Price on the Conversion DateDate or the date of the Company Conversion Notice.
Appears in 1 contract
Samples: Zoltek Companies Inc
Mechanics of Conversion. (a) The number of Underlying Shares issuable upon any conversion hereunder shall equal (i) the outstanding principal amount of this Note to be converted, divided by the Conversion Price on the Conversion Date, plus (if indicated in the applicable Conversion Notice) the amount of together with any accrued but unpaid interest on this Note through the Conversion Dateupon such principal amount being converted, divided by (ii) the Conversion Price in effect on the Conversion Date.
Appears in 1 contract
Samples: INVO Bioscience, Inc.
Mechanics of Conversion. (a) The number of Underlying Shares issuable upon any conversion hereunder shall equal the outstanding principal amount of this Note to be convertedconverted (including any accrued interest thereon capitalized pursuant to Section 2(b) of this Note), divided by the Conversion Price on the Conversion Date, plus (if indicated in the applicable Conversion Notice) the amount of any accrued but unpaid interest on this Note through the Conversion Date, divided by the Conversion Price on the Conversion Date.
Appears in 1 contract
Mechanics of Conversion. (a) The number of Underlying Shares issuable upon any conversion hereunder shall equal the outstanding principal amount of this Note to be converted, divided by the Conversion Price on the Conversion Date, plus (if indicated by Borrower as set forth in the applicable Conversion NoticeSection 5) the amount of any accrued but unpaid interest on this Note through the Conversion Date, divided by the Conversion Price on the Conversion Date.
Appears in 1 contract
Samples: 2004 Securities Purchase Agreement (Zoltek Companies Inc)
Mechanics of Conversion. (a) The number of Underlying Shares issuable upon any conversion hereunder shall equal (i) the outstanding principal amount of this Note Debenture to be converted, divided by the Conversion Price on the Conversion Date, plus (if indicated in the applicable Conversion Noticeii) the amount of any accrued but unpaid interest on this Note Debenture through the Conversion Date, divided by the Conversion Price on the Conversion Date.
Appears in 1 contract
Samples: Procom Technology Inc