Conversion and Exchange. The Notes are not convertible into, or exchangeable for, equity securities, other securities or assets of the Company or its Subsidiaries.
Conversion and Exchange. (a) This Note shall be convertible, in whole or in part, into SHARES of Bion's restricted and legended common stock (subject to the provisions of SECTION 6 (e) below) at the Conversion Price at any time at election of Holder. The initial Conversion Price shall be $.60 per ("Conversion Price").
Conversion and Exchange. If any debt securities will be convertible into or exchangeable for our common stock, preferred stock or other securities, the applicable prospectus supplement will set forth the terms and conditions of the conversion or exchange, including: · the conversion price or exchange ratio; · the conversion or exchange period; · whether the conversion or exchange will be mandatory or at the option of the holder or us; · provisions for adjustment of the conversion price or exchange ratio; and · provisions that may affect the conversion or exchange if the debt securities are redeemed.
Conversion and Exchange. (a) This Note shall be convertible, in whole or in part, into shares of Bion's Common Stock at the price of $4.00 per share ("Conversion Price") at any time at election of Xxxxxx.
Conversion and Exchange. On the terms and subject to the conditions set forth in this Agreement, at the Closing (as defined below) the Obligations shall be deemed converted and satisfied in full in return for the issuance to the Holder of 514,893 shares of Common Stock (the “Exchange Shares”).
Conversion and Exchange. (a) This Note shall be convertible, in whole or in part, into UNITS of Bion's securities at the Conversion Price. The initial Conversion Price shall be $.50 per Unit (defined in Exhibit A hereto) ("Conversion Price"), at any time at election of Holder.
Conversion and Exchange. At the Merger Time,
Conversion and Exchange. 44 8.8. Certain Conversion and Exchange Procedures..................45 8.9. Signatures; Facsimile.......................................47 8.10. Lost, Stolen or Destroyed Certificates.....................47 8.11. Registration and Transfer of LLC Units.....................47 8.12. Transfer Agent, Exchange Agent and Registrar...............47 ARTICLE IX
Conversion and Exchange. The Board shall have the authority to provide that the Participants in any Series shall have the right to convert or exchange the Shares of such Series for or into Shares of one or more other Series in accordance with such requirements and procedures as may be established by the Board.
Conversion and Exchange. All matters necessary to facilitate the conversion of a Stockholder’s Class B Common Stock, convertible Preferred Stock and exchange of Membership Units for shares of Class A Common Stock, each as provided for in the Certificate of Incorporation.
