Equity Conditions. During the Draw Down Pricing Period through the Settlement Date, all of the Equity Conditions shall have been met.
Equity Conditions. Notwithstanding anything contained herein to the contrary, the Equity Conditions must be satisfied on the Mandatory Conversion Notice Date and on each and every Trading Day during the period from (and including) the Mandatory Conversion Notice Date until (and including) the Mandatory Conversion Date. If the Equity Conditions cease to be satisfied at any time during such period, the Mandatory Conversion shall, at the option of the Holder, be deemed void ab initio, withdrawn and of no force and effect. If this Note is converted pursuant to Section 4(a)(ii), then, subject to and so long as the requirements under Section 4(b)(ii) have been complied with, all Conversion Shares shall be issued without the legend set forth under Section 4.2(b) of the Purchase Agreement.
Equity Conditions. The Holder may elect at its option to receive the Amortization Payments in Common Stock as provided in the next sentence. Except as set forth herein the Holder may only elect to receive payments in the form of Common Stock if the following conditions (the “Equity Conditions”) are met, unless the Holder waives such Equity Conditions:
Equity Conditions. The term “
Equity Conditions. Borrower and Lender agree that Borrower shall be permitted to make the first Amortization Payment on the May Note in shares of Common Stock whether or not Borrower satisfies the requirements of clause (c) of the definition of “Equity Conditions”.
Equity Conditions. Notwithstanding the terms and conditions of the Note and Amendment #1, Lxxxxx agrees that from the date hereof until December 31, 2023, Borrower may pay any Redemption Amount via a Redemption Conversion, even if an Equity Conditions Failure exists.
Equity Conditions. Effective as of the Execution Date:
Equity Conditions. Notwithstanding anything to the contrary herein, the Company shall be prohibited from exercising its right to issue Interest Shares (and must deliver cash in respect thereof) on the applicable Interest Payment Date if at any time from and including the Interest Notice Date until the time at which the Holders receive such Interest Shares (i) any of the Equity Conditions are not satisfied or (ii) an Event of Default hereunder exists or occurs, or any event which, with the passage of time or notice or both, would constitute an Event of Default, unless otherwise waived in writing by the Holder in whole or in part at the Holder's option.
Equity Conditions. The Company shall have the option to pay the Conversion Amount in Payment Shares, if all of the following conditions (the “Equity Conditions”) are satisfied:
Equity Conditions. During the time period from the date of delivery of the Draw Down Notice through the Settlement Date, all of the Equity Conditions shall have been met.
