Conversion Default. With respect to outstanding obligations under the Convertible Subordinated Note, any breach by the Company with respect to its obligations to issue shares of Common Stock upon conversion of the Convertible Subordinated Note pursuant to Section 3 thereof.
Appears in 2 contracts
Samples: Subordinated Loan Agreement (Softbank Holdings Inc Et Al), Subordinated Loan Agreement (Global Sports Inc)
Conversion Default. With respect to outstanding obligations under the Convertible Subordinated any Note, any breach by the Company with respect to its obligations to issue shares of Common Stock upon conversion of the Convertible Subordinated such Note pursuant to Section 3 thereof.
Appears in 2 contracts
Samples: Loan Agreement (Softbank Holdings Inc Et Al), Loan Agreement (First Virtual Holdings Inc)
Conversion Default. With respect to outstanding obligations under the Convertible Subordinated Note, any breach by the Company with respect to its obligations to issue shares of Common Stock upon conversion of the Convertible Subordinated Note pursuant to Section 3 thereof.
Appears in 1 contract
Samples: Loan Agreement (Peoplepc Inc)
