Convertible Debt. On or prior to the Closing Date, the Company will cause to be cancelled all convertible debt in the Company. For a period of two years from the closing the Company will not issue any convertible debt below $0.90 per share.
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Samples: Preferred Stock Purchase Agreement (China Kangtai Cactus Bio-Tech, Inc.), Preferred Stock Purchase Agreement (China Kangtai Cactus Bio-Tech, Inc.)
Convertible Debt. On or prior to the Closing Date, the Company will cause to be cancelled all convertible debt in the Company. For a period of two four years from the closing or when the Investor no longer holds more than five percent (5%) of its shares of Registrable Securities, whichever occurs first, the Company will not issue any convertible debt below $0.90 per sharedebt.
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Samples: Preferred Stock Purchase Agreement (Wireless Age Communications Inc), Preferred Stock Purchase Agreement (Wireless Age Communications Inc)
Convertible Debt. On or prior to the Closing Date, the Company will cause to be cancelled all convertible debt in the Company. For a period of two (2) years from the closing Closing Date, the Company will not issue any convertible debt below $0.90 per sharedebt.
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Samples: Stock Purchase Agreement (Enucleus Inc), Stock Purchase Agreement (Enucleus Inc)
Convertible Debt. On or prior to the Closing Date, the Company will cause to be cancelled all convertible debt in issued by the Company. For a period of two years from eighteen (18) months commencing on Closing or until such time as the closing Investors collectively hold less than fifteen percent (15%) of the Preferred Stock Company will not issue any convertible debt below $0.90 per sharedebt.
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Samples: Preferred Stock Purchase Agreement (Vein Associates of America Inc)
Convertible Debt. On or prior to the Closing Date, the Company will cause to be cancelled all convertible debt in the Company. For a period of two three (3) years from the closing First Closing Date, the Company will not issue any convertible debt below $0.90 per sharedebt.
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Convertible Debt. On or prior to the Closing Date, the Company will cause to be cancelled all convertible debt in the Company. For a period of two years eighteen months from the closing the Company will not issue any convertible debt below $0.90 per sharedebt.
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Convertible Debt. On or prior to the Closing Date, the Company will cause to be cancelled all convertible debt in the Company. For a period From the date hereof until the earlier of (a) such time as no Purchaser holds any of the Securities or (b) two years from the closing the Company will not issue any convertible debt of the Company below $0.90 1.00 per share.
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Samples: Stock Purchase Agreement (American Nano Silicon Technologies, Inc.)
Convertible Debt. On or prior to the Closing Date, the Company will cause to be cancelled all convertible debt in the Company. For a period of two years from the closing Closing, , and provided that the Investor continues to own at least 8,000,000 shares of Common Stock, the Company will not issue any convertible debt below $0.90 per sharedebt.
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Convertible Debt. On or prior to the Closing Date, the Company will cause to be cancelled all convertible debt in the Company. For a period of two three years from the closing Closing Date, for so long as the Investors shall continue to beneficially own 20% of the Series B Preferred Stock issued hereunder, the Company will not issue any convertible debt below $0.90 per sharedebt.
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Samples: Series B Convertible Preferred Stock Purchase Agreement (Entech Environmental Technologies Inc)
Convertible Debt. On or prior to the Closing Date, the Company will cause to be cancelled all convertible debt in the Company. For a period the lesser of two three (3) years from the closing or when the aggregate common shares underlying outstanding Preferred Stock and Warrants equal three hundred thousand (300,000) the Company will not issue any convertible debt below with a conversion price lower than four dollars ($0.90 per share4.00).
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Convertible Debt. On or prior to the Closing Date, the Company will cause to be cancelled all convertible debt in the Company. For a period of two (2) years from the closing Closing Date, the Company will not issue any convertible debt below $0.90 per share.debt. 6.8
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Convertible Debt. On or prior to the Closing Date, the Company will cause to be cancelled all convertible debt in the Company. For a period of two years from the closing Closing or such earlier time as Investor holds less than 10% of the Shares or a Convertible Security convertible into less than 10% of the Shares, Company will not issue any convertible debt below $0.90 per sharewith the exception of Convertible Debt issued to the Investor.
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Convertible Debt. On or prior to the Closing Date, the Company will cause to be cancelled all convertible debt in the Company. For a period of two three (3) years from the closing Closing Date, the Company will not issue any convertible debt below $0.90 per sharedebt.
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