Agreement to Convert or Subordinate Notes Sample Clauses

Agreement to Convert or Subordinate Notes. All Notes may be converted or subordinated at any time upon approval of the same by holders of at least 60% of the principal amount of the Notes then outstanding. In the event of such conversion of the Notes pursuant to this Section 6(b), the Notes shall immediately accrue the full amount of interest that would otherwise be payable as of the Maturity Date (as defined in such Notes), as if such Notes were outstanding on such date, notwithstanding the fact such Notes would have been converted prior to that date.