Common use of Conversion of Outstanding Securities Clause in Contracts

Conversion of Outstanding Securities. On the Authorized Share Increase Date, the Company shall use its commercially reasonable efforts to cause the holders of the Company’s existing Convertible Debentures due 2020 and the Company’s existing Series H Convertible Preferred Stock to convert such outstanding convertible debentures and shares of convertible preferred stock into shares of Common Stock.

Appears in 3 contracts

Samples: Securities Purchase Agreement (theMaven, Inc.), Securities Purchase Agreement (theMaven, Inc.), Securities Purchase Agreement (theMaven, Inc.)

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Conversion of Outstanding Securities. On the Authorized Share Increase Date, the Company shall use its commercially reasonable efforts to cause the holders of the Company’s existing Convertible Debentures due 2020 and the Company’s existing Series H Convertible Preferred Stock, Series I Convertible Preferred Stock, and Series J Preferred Stock to convert such outstanding convertible debentures and shares of convertible preferred stock into shares of Common Stock.

Appears in 1 contract

Samples: Securities Purchase Agreement (theMaven, Inc.)

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Conversion of Outstanding Securities. On the Authorized Share Increase Date, the Company shall use its commercially reasonable efforts to cause the holders of the Company’s existing Convertible Debentures due 2020 and the Company’s existing Series H Convertible Preferred Stock, Series I Convertible Preferred Stock and Series J Convertible Preferred Stock to convert such outstanding convertible debentures and shares of convertible preferred stock into shares of Common Stock.

Appears in 1 contract

Samples: Securities Purchase Agreement (theMaven, Inc.)

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