Common use of Number of Conversion Shares Clause in Contracts

Number of Conversion Shares. Simultaneously with any adjustment to the Conversion Price pursuant to Section 8, the number of Conversion Shares that may be issued upon conversion of this Note shall be increased or decreased proportionately, so that after such adjustment the aggregate Conversion Price payable hereunder for the increased or decreased number of Warrant Shares shall be the same as the aggregate Conversion Price in effect immediately prior to such adjustment.

Appears in 3 contracts

Sources: Convertible Note (Lm Funding America, Inc.), Convertible Note (Lm Funding America, Inc.), Convertible Note Agreement (Lm Funding America, Inc.)