Common use of Conversion at Maturity Clause in Contracts

Conversion at Maturity. On the Dividend Maturity Date, all remaining outstanding Series A Preferred Stock will automatically be converted into shares of Common Stock.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Unilife Corp), Stock Purchase Agreement (6D Global Technologies, Inc)

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Conversion at Maturity. On the Dividend Maturity Date, all remaining outstanding Series A C Preferred Stock will automatically be converted into shares of Common Stock.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Lucas Energy, Inc.), Stock Purchase Agreement (Lucas Energy, Inc.)

Conversion at Maturity. On the Dividend Maturity Date, all remaining outstanding Series A B Preferred Stock will automatically be converted into shares of Common Stock.

Appears in 1 contract

Samples: Stock Purchase Agreement (Visualant Inc)

Conversion at Maturity. On the Dividend Maturity Date, all remaining outstanding Series A D Preferred Stock will automatically be converted into shares of Common Stock.

Appears in 1 contract

Samples: Stock Purchase Agreement (Staffing 360 Solutions, Inc.)

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Conversion at Maturity. On the Dividend Maturity Date, all remaining outstanding Series A G Preferred Stock will automatically be converted into shares of Common Stock.

Appears in 1 contract

Samples: Stock Purchase Agreement (Amarantus Bioscience Holdings, Inc.)

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