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 Date, the Company will not issue any convertible debt.
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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 the Company. For a the period of two (2) years from the Closing DateEffective Time, the Company will not issue any convertible debtdebt without the express written consent of the Investor.
Appears in 2 contracts
Samples: Preferred Stock Purchase Agreement (Aims Worldwide Inc), Preferred Stock Purchase Agreement (Aims Worldwide 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 Date, closing the Company will not issue any convertible debtdebt below $0.90 per share.
Appears in 2 contracts
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 (2) four years from the Closing Dateclosing 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.
Appears in 2 contracts
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) three years from the Closing Date, Date the Company will not issue any convertible debt.
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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 eighteen months from the Closing Date, closing the Company will not issue any convertible debt.
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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 (23) years from the First Closing Date, the Company will not issue any convertible debt.
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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 (2) years from the Closing Date, closing the Company will not issue any convertible debtdebt of the Company below $1.00 per share.
Appears in 1 contract
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 (2) years from the Closing Date, the Company will not issue any convertible 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 the lesser of two three (23) years from the Closing Date, 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 debtdebt with a conversion price lower than four dollars ($4.00).
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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 CompanyCompany with the exception of the Note issued to the Investor. For a period of two (2) years from the Closing Date, closing the Company will not issue any convertible debtdebt with the exception of the Note issued to the Investor.
Appears in 1 contract
Samples: Preferred Stock Purchase Agreement (Mb Software Corp)
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 (23) years from the Closing Date, the Company will not issue any convertible debt.
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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 DateClosing, , 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.
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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 Dateor such earlier time as Investor holds less than 10% of the Shares or a Convertible Security convertible into less than 10% of the Shares, the Company will not issue any convertible debtdebt with 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 (2) three years from the 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.
Appears in 1 contract
Samples: Series B Convertible Preferred Stock Purchase Agreement (Entech Environmental Technologies Inc)
