Common use of Conversion Stock Issuable Upon Conversion Clause in Contracts

Conversion Stock Issuable Upon Conversion. The number of shares of Conversion Stock issuable upon a conversion hereunder shall be determined by the quotient obtained by dividing (x) the outstanding hereunder to be converted and any accrued and unpaid interest to be converted related to the converted principal amount of the obligations set forth in the Promissory Note and this First Amendment, by (y) the Fixed Conversion Price. LIVE JANONE FIRST AMENDMENT.2 2

Appears in 1 contract

Sources: Convertible Security Agreement (JanOne Inc.)

Conversion Stock Issuable Upon Conversion. The number of shares of Conversion Stock issuable upon a conversion hereunder shall be determined by LIVE JANONE FIRST AMENDMENT.3 (corrected) the quotient obtained by dividing (x) the outstanding hereunder to be converted and any accrued and unpaid interest to be converted related to the converted principal amount LIVE JANONE FIRST AMENDMENT.3 (corrected) of the obligations set forth in the Promissory Note and this First Amendment, by (y) the Fixed Conversion Price. LIVE JANONE FIRST AMENDMENT.2 2.

Appears in 1 contract

Sources: Convertible Security Agreement (LIVE VENTURES Inc)

Conversion Stock Issuable Upon Conversion. The number of shares of Conversion Stock issuable upon a conversion hereunder shall be determined by the quotient obtained by dividing (x) the outstanding hereunder to be converted and any accrued and unpaid interest to be converted related to the converted principal amount of the obligations set forth in the Promissory Note and this First Amendment, by (y) the Fixed Conversion Price. LIVE JANONE FIRST AMENDMENT.2 (corrected) 2

Appears in 1 contract

Sources: Convertible Security Agreement (JanOne Inc.)