Conversion Agreement. This Agreement and the transactions contemplated hereby, have been duly and validly authorized by the Company. This Agreement has been duly executed and delivered by the Company and is a valid and binding agreement of the Company enforceable in accordance with its terms, subject as to enforceability to general principles of equity and to bankruptcy, insolvency, moratorium, and other similar laws affecting the enforcement of creditors’ rights generally.
Appears in 3 contracts
Samples: Agreement to Exchange Series B Preferred Shares for Series E Preferred Shares (Stratus Services Group Inc), Agreement to Exchange Series H Preferred Shares for Series E Preferred Shares (Stratus Services Group Inc), Agreement to Exchange Series B Preferred Shares for Series E Preferred Shares (Stratus Services Group Inc)
Conversion Agreement. This Agreement and the transactions contemplated hereby, have been duly and validly authorized by the Company. This Agreement has been duly executed and delivered by the Company and is a valid and binding agreement of the Company enforceable in accordance with its terms, subject as to enforceability to general principles of equity and to bankruptcy, insolvency, moratorium, and other similar laws affecting the enforcement of creditors’ ' rights generally.
Appears in 2 contracts
Samples: Agreement to Exchange (Stratus Services Group Inc), Agreement to Cancel Secured Promissory Note and Pledge Agreement (Stratus Services Group Inc)
