Common use of Conversion Limitation Clause in Contracts

Conversion Limitation. The Holder will not submit a conversion to the Company that would result in the Holder beneficially owning more than 9.99% of the then total outstanding shares of the Company (“Restricted Ownership Percentage”).

Appears in 51 contracts

Sources: Convertible Note Agreement (CarbonMeta Technologies, Inc.), Convertible Note (CarbonMeta Technologies, Inc.), Convertible Note (ParcelPal Logistics Inc.)

Conversion Limitation. The Holder will not submit a conversion to the Company that would result in the Holder beneficially owning more than 9.99% of the then total outstanding shares of the Company (“Restricted Ownership Percentage”).

Appears in 16 contracts

Sources: Convertible Note Agreement (Arax Holdings Corp), Sale Purchase Agreement (Arax Holdings Corp), Convertible Note Agreement (Giggles N' Hugs, Inc.)

Conversion Limitation. The Holder will not submit a conversion to the Company that would result in the Holder beneficially owning more than 9.99% of the then total outstanding shares of the Company ("Restricted Ownership Percentage").

Appears in 9 contracts

Sources: Convertible Note Agreement (CrowdGather, Inc.), Convertible Note (Peer to Peer Network), Convertible Note (Alkame Holdings, Inc.)

Conversion Limitation. The Holder will not submit a conversion to the Company that would result in the Holder beneficially owning more than 9.99% of the then total outstanding shares of the Company ("Restricted Ownership Percentage").

Appears in 6 contracts

Sources: Note Agreement (Advantego Corp), Convertible Note (eWELLNESS HEALTHCARE Corp), Convertible Note (eWELLNESS HEALTHCARE Corp)

Conversion Limitation. The Holder holder will not submit a conversion to the Company that would result in the Holder beneficially owning more than 9.99% of the then total outstanding shares of the Company (“Restricted Ownership Percentage”)Company.

Appears in 4 contracts

Sources: Convertible Note (Pacific Gold & Royalty Corp.), Convertible Note (Pacific Gold & Royalty Corp.), Convertible Note (Pazoo, Inc.)

Conversion Limitation. The Holder will not submit a conversion to the Company that would result in the Holder beneficially owning more than 9.99% of the then total outstanding shares of the Company (the “Restricted Ownership Percentage”).

Appears in 2 contracts

Sources: Convertible Note Agreement (HealthLynked Corp), Convertible Note Agreement (HealthLynked Corp)

Conversion Limitation. The Holder holder will not submit a conversion to the Company that would result in the Holder beneficially owning more than 9.99% of the then total outstanding shares of the Company (“Restricted Ownership Percentage”)ofthe Company.

Appears in 1 contract

Sources: Note (Red Giant Entertainment, Inc.)

Conversion Limitation. The Holder will not submit a conversion to the Company that would result in the Holder beneficially owning more than 9.99% of the then total outstanding shares of the Company (“Restricted Ownership Percentage).

Appears in 1 contract

Sources: Convertible Note (Evio, Inc.)

Conversion Limitation. The Holder will not submit a conversion to the Company that would result in the Holder beneficially owning more than 9.99% of the then total outstanding shares of the Company ('Restricted Ownership Percentage').

Appears in 1 contract

Sources: Convertible Note (Medican Enterprises, Inc.)

Conversion Limitation. The Holder will not submit a conversion to the Company that would result in the Holder beneficially owning more than 9.994.99% of the then total outstanding shares of the Company ("Restricted Ownership Percentage”)") If, on the date of submission of a conversion, the Company's market cap is less than $10,000,000, this Restricted Ownership Percentage shall be increased to 9.99%.

Appears in 1 contract

Sources: Convertible Note (Empire Global Corp.)