Common use of Conversion Privileges Clause in Contracts

Conversion Privileges. The Conversion Rights set forth in Section 4 shall remain in full force and effect immediately from the date hereof and until the Note is paid in full regardless of the occurrence of an Event of Default. This Note shall be payable in full on the Maturity Date, unless previously converted into Common Stock in accordance with Section 4 hereof.

Appears in 160 contracts

Samples: Line of Credit Agreement (Star Alliance International Corp.), Convertible Security Agreement (Global Technologies LTD), Convertible Security Agreement (Global Technologies LTD)

AutoNDA by SimpleDocs

Conversion Privileges. The Conversion Rights set forth in Section 4 shall remain in full force and effect immediately from the date hereof and until the Note Debenture is paid in full regardless of the occurrence of an Event of Default. This Note Debenture shall be payable in full on the Maturity Date, unless previously converted into Common Stock in accordance with Section 4 hereof.

Appears in 3 contracts

Samples: Securities Purchase Agreement (Western Magnesium Corp.), Securities Purchase Agreement (Western Magnesium Corp.), Securities Purchase Agreement (Western Magnesium Corp.)

Conversion Privileges. The Conversion Rights set forth in Section 4 shall remain in full force and effect immediately from the date hereof and until the Note is paid in full regardless of the occurrence of an Event of Default. This Note shall be payable in full on the Maturity Date, unless previously converted into Common Stock Ordinary Shares in accordance with Section 4 hereof.

Appears in 2 contracts

Samples: Securities Purchase Agreement (PV Nano Cell, Ltd.), Convertible Security Agreement (PV Nano Cell, Ltd.)

Conversion Privileges. The Conversion Rights set forth in Section 4 shall remain in full force and effect immediately from the date hereof and until the Note is paid in full regardless of the occurrence of an Event of Default. This Note shall be payable in full on the Repurchase Date, if applicable, or the Maturity Date, unless previously converted into Common Stock in accordance with Section 4 hereof.

Appears in 2 contracts

Samples: Convertible Note (GT Biopharma, Inc.), Convertible Note (GT Biopharma, Inc.)

Conversion Privileges. The Conversion Rights set forth in Section 4 shall remain in full force and effect immediately from the date hereof and until the Note is paid in full regardless of the occurrence of an Event of Default; provided, however, that any such conversions during the occurrence of an Event of Default shall reduce the amount due hereunder that may be accelerated as the result of an Event of Default in the manner set forth in Section 2(c). This Note shall be payable in full on the Maturity Date, unless previously converted into Common Stock in accordance with Section 4 hereof.

Appears in 1 contract

Samples: Convertible Security Agreement (AgEagle Aerial Systems Inc.)

Conversion Privileges. The Conversion Rights Rights, if any, set forth in Section 4 shall remain in full force and effect immediately from the date hereof and until the Note is paid in full regardless of the occurrence of an Event of Default, if amended to include a conversion feature in the future. This Note shall be payable in full on the Maturity Date, unless previously converted into Common Stock in accordance with Section 4 hereof, if amended to include a conversion feature in the future.

Appears in 1 contract

Samples: Convertible Security Agreement (Wearable Health Solutions, Inc.)

AutoNDA by SimpleDocs

Conversion Privileges. The Conversion Rights set forth in Section 4 shall remain in full force and effect immediately from the date hereof and until the Note is paid in full regardless of the occurrence of an Event of Default, subject to the limitations set forth in Section 4(e) and 4(f). This Note shall be payable in full on the Maturity Date, unless previously converted into Common Stock in accordance with Section 4 hereof.

Appears in 1 contract

Samples: Convertible Security Agreement (InfoSonics Corp)

Conversion Privileges. The Conversion Rights set forth in Section 4 shall remain in full force and effect immediately from the date hereof and until the Note is paid in full regardless of the occurrence of an Event of Default. This Note shall be payable in full on the Maturity Date, unless previously converted in full into Common Stock in accordance with Section 4 hereof.

Appears in 1 contract

Samples: Convertible Security Agreement (Harrison Vickers & Waterman Inc)

Conversion Privileges. The Conversion Rights set forth in Section 4 shall remain in full force and effect immediately from the date hereof and until the Note is paid in full regardless of the occurrence of an Event of Default, subject to the limitations set forth in Section 4(e) and 4(f). This Note shall be payable in full on the Maturity Date, unless previously converted into Common Stock in accordance with Section 4 hereofhereof exchanged for Preferred Shares in the Note Exchange.

Appears in 1 contract

Samples: Convertible Security Agreement (Bioptix, Inc.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!