Common use of Delivery of Certificate Upon Conversion Clause in Contracts

Delivery of Certificate Upon Conversion. Not later than three (3) Trading Days after each Conversion Date (the “Share Delivery Date”), Borrower shall deliver, or cause to be delivered, to the Holder a certificate or certificates representing the Conversion Shares which, on or after the earlier of (i) the six month anniversary of the Original Issue Date or (ii) after the effective date or a current registration statement, shall be free of restrictive legends and trading restrictions (other than those which may then be required by the Purchase Agreement) representing the number of Conversion Shares being acquired upon the conversion of this Note. On or after the earlier of (i) the six month anniversary of the Original Issue Date or (ii) the effective date, Borrower shall use its best efforts to deliver any certificate or certificates required to be delivered by Borrower under this Section 4(c) electronically through the Depository Trust Company or another established clearing corporation performing similar functions.

Appears in 27 contracts

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

AutoNDA by SimpleDocs

Delivery of Certificate Upon Conversion. Not later than three five (35) Trading Days after each Conversion Date (the “Share Delivery Date”), Borrower shall deliver, or cause to be delivered, to the Holder a certificate or certificates representing the Conversion Shares which, on or after the earlier of (i) the six month anniversary of the Original Issue Date or (ii) after the effective date or a current registration statementEffective Date, shall be free of restrictive legends and trading restrictions (other than those which may then be required by the Purchase Agreement) representing the number of Conversion Shares being acquired upon the conversion of this Note. On or after the earlier of (i) the six month anniversary of the Original Issue Date or (ii) the effective dateEffective Date, Borrower shall use its best commercially reasonable efforts to deliver any certificate or certificates required to be delivered by Borrower under this Section 4(c) electronically through the Depository Trust Company or another established clearing corporation performing similar functions.

Appears in 15 contracts

Samples: Convertible Security Agreement (Global Technologies LTD), Convertible Security Agreement (Global Technologies LTD), Convertible Security Agreement (Global Technologies LTD)

Delivery of Certificate Upon Conversion. Not later than three (3) Trading Days after each Conversion Date (the “Share Delivery Date”), Borrower shall deliver, or cause to be delivered, to the Holder a certificate or certificates representing the Conversion Shares which, on or after the earlier of (i) the six month anniversary of the Original Issue Date or (ii) after the effective date or a current registration statementEffective Date, shall be free of restrictive legends and trading restrictions (other than those which may then be required by the Purchase Agreement) representing the number of Conversion Shares being acquired upon the conversion of this Note. On or after the earlier of (i) the six month anniversary of the Original Issue Date or (ii) the effective dateEffective Date, Borrower shall use its best efforts to deliver any certificate or certificates required to be delivered by Borrower under this Section 4(c) electronically through the Depository Trust Company or another established clearing corporation performing similar functions.

Appears in 14 contracts

Samples: Convertible Security Agreement (Reign Sapphire Corp), Convertible Security Agreement (Be Active Holdings, Inc.), Convertible Security Agreement (Reign Sapphire Corp)

Delivery of Certificate Upon Conversion. Not later than three (3) Trading Days after each Conversion Date (the “Share Delivery Date”), Borrower the Company shall deliver, or cause to be delivered, to the Holder (A) a certificate or certificates representing the Conversion Shares which, on or after the earlier of (i) the six month anniversary of the Original Issue Date or (ii) after the effective date or a current registration statementDate, shall be free of restrictive legends and trading restrictions (other than those which may then be required by the Purchase Agreement) representing the number of Conversion Shares being acquired upon the conversion of this NoteDebenture and (B) a bank check in the amount of accrued and unpaid interest. On or after the earlier of (i) the six month anniversary of the Original Issue Date or (ii) Date, the effective date, Borrower Company shall use its best efforts to deliver any certificate or certificates required to be delivered by Borrower the Company under this Section 4(c4(d) electronically through the Depository Trust Company or another established clearing corporation performing similar functions.

Appears in 5 contracts

Samples: Convertible Security Agreement (Silver Horn Mining Ltd.), Convertible Security Agreement (Eclips Media Technologies, Inc.), Convertible Security Agreement (Eclips Media Technologies, Inc.)

Delivery of Certificate Upon Conversion. Not later than three two (32) Trading Days after each Conversion Date (the “Share Delivery Date”), Borrower shall deliver, or cause to be delivered, to the Holder a certificate or certificates representing the Conversion Shares which, on or after the earlier of (i) the six month anniversary of the Original Issue Date or (ii) after the effective date or a current registration statementEffective Date, shall be free of restrictive legends and trading restrictions (other than those which may then be required by the Purchase Agreement) representing the number of Conversion Shares being acquired upon the conversion of this Note. On or after the earlier of (i) the six month anniversary of the Original Issue Date or (ii) the effective dateEffective Date, Borrower shall use its best efforts to deliver any certificate or certificates required to be delivered by Borrower under this Section 4(c) electronically through the Depository Trust Company or another established clearing corporation performing similar functions.

Appears in 3 contracts

Samples: Convertible Security Agreement (Reign Sapphire Corp), Convertible Security Agreement (Gratitude Health, Inc.), Convertible Security Agreement (Reign Sapphire Corp)

Delivery of Certificate Upon Conversion. Not later than three (3) Trading Days after each Conversion Date (the “Share Delivery Date”), Borrower the Company shall deliver, or cause to be delivered, to the Holder a certificate or certificates representing the Conversion Shares which, on or after the earlier of (i) the six month anniversary of the Original Issue Date or (ii) after the effective date or a current registration statementEffective Date, shall be free of restrictive legends and trading restrictions (other than those which may then be required by the Purchase Agreement) representing the number of Conversion Shares being acquired upon the conversion of this NoteDebenture. On or after the earlier of (i) the six month anniversary of the Original Issue Date or (ii) the effective dateEffective Date, Borrower the Company shall use its best efforts to deliver any certificate or certificates required to be delivered by Borrower the Company under this Section 4(c) electronically through the Depository Trust Company or another established clearing corporation performing similar functions.

Appears in 3 contracts

Samples: Securities Purchase Agreement (Eyes on the Go, Inc.), Convertible Security Agreement (T3 Motion, Inc.), Convertible Security Agreement (Vu1 CORP)

Delivery of Certificate Upon Conversion. Not later than three five (35) Trading Days after each Conversion Date (the “Share Delivery Date”), Borrower shall deliver, or cause to be delivered, to the Holder a certificate or certificates representing the Conversion Shares which, on or after the earlier of (i) the six month anniversary of the Original Issue Date or (ii) after the effective date or a current registration statementEffective Date, shall be free of restrictive legends and trading restrictions (other than those which may then be required by the Purchase Agreement) ), representing the number of Conversion Shares being acquired upon the conversion of this Note. On or after the earlier of (i) the six month anniversary of the Original Issue Date or (ii) the effective dateEffective Date, Borrower shall use its best commercially reasonable efforts to deliver any certificate or certificates required to be delivered by Borrower under this Section 4(c) electronically through the Depository Trust Company or another established clearing corporation performing similar functions.

Appears in 2 contracts

Samples: Convertible Security Agreement (Andalay Solar, Inc.), Convertible Security Agreement (YayYo, Inc.)

Delivery of Certificate Upon Conversion. Not later than three (3) Trading Days after each Conversion Date (the “Share Delivery Date”), Borrower the Company shall deliver, or cause to be delivered, to the Holder a certificate or certificates representing the Conversion Shares which, on or after the earlier of (i) the six month anniversary of the Original Issue Date or (ii) after the effective date or a current registration statementEffective Date ( as defined in the Registration Rights Agreement), shall be free of restrictive legends and trading restrictions (other than those which may then be required by the Purchase Agreement) representing the number of Conversion Shares being acquired upon the conversion of this Note. On or after the earlier of (i) the six six-month anniversary of the Original Issue Date or (ii) the effective dateEffective Date, Borrower the Company shall use its best reasonable commercial efforts to deliver any certificate or certificates required to be delivered by Borrower the Company under this Section 4(c4(d) electronically through the Depository Trust Company or another established clearing corporation performing similar functions.

Appears in 2 contracts

Samples: Convertible Security Agreement (Alpha Healthcare Acquisition Corp Iii), Convertible Security Agreement (Alpha Healthcare Acquisition Corp Iii)

Delivery of Certificate Upon Conversion. Not later than three (3) Trading Days after each Conversion Date (the “Share Delivery Date”), Borrower the Company shall deliver, or cause to be delivered, to the Holder (A) a certificate or certificates representing the Conversion Shares which, on or after the earlier of (i) the six month anniversary of the Original Issue Date or (ii) after the effective date or a current registration statementEffective Date, shall be free of restrictive legends and trading restrictions (other than those which may then be required by the Purchase Agreement) representing the number of Conversion Shares being acquired upon the conversion of this NoteDebenture. On or after the earlier of (i) the six month anniversary of the Original Issue Date or (ii) the effective dateEffective Date, Borrower the Company shall use its best efforts to deliver any certificate or certificates required to be delivered by Borrower the Company under this Section 4(c) electronically through the Depository Trust Company or another established clearing corporation performing similar functions.

Appears in 2 contracts

Samples: Convertible Security Agreement (American Natural Energy Corp), Convertible Security Agreement (Oxis International Inc)

Delivery of Certificate Upon Conversion. Not later than three (3) Trading Days after each Conversion Date (the “Share Delivery Date”), Borrower the Company shall deliver, or cause to be delivered, to the Holder (A) a certificate or certificates representing the Conversion Shares which, on or after the earlier of (i) the six month anniversary of the Original Issue Date or (ii) after the effective date or a current registration statementEffective Date, shall be free of restrictive legends and trading restrictions (other than those which may then be required by the Purchase Agreement) representing the number of Conversion Shares being acquired upon the conversion of this NoteDebenture. On or after the earlier of (i) the six month anniversary of the Original Issue Date or (ii) the effective dateEffective Date, Borrower the Company shall use its best efforts to deliver any certificate or certificates Conversion Shares required to be delivered by Borrower the Company under this Section 4(c) electronically through the Depository Trust Company or another established clearing corporation performing similar functions.

Appears in 2 contracts

Samples: Convertible Security Agreement (Sg Blocks, Inc.), Convertible Security Agreement (Sg Blocks, Inc.)

Delivery of Certificate Upon Conversion. Not later than three (3) Trading Days after each Conversion Date (the “Share Delivery Date”), Borrower the Company shall deliver, or cause to be delivered, to the Holder (A) a certificate or certificates representing the Conversion Shares which, on or after the earlier of (i) the six month anniversary of the Original Issue Date of this Debenture or (ii) after the effective date or a current registration statementEffective Date, shall be free of restrictive legends and trading restrictions (other than those which may then be required by the Purchase Agreement) representing the number of Conversion Shares being acquired upon the conversion of this NoteDebenture. On or after the earlier of (i) the six month anniversary of the Original Issue Date of this Debenture or (ii) the effective dateEffective Date, Borrower the Company shall use its best commercially reasonable efforts to deliver any certificate or certificates required to be delivered by Borrower the Company under this Section 4(c) electronically through the Depository Trust Company or another established clearing corporation performing similar functions.

Appears in 1 contract

Samples: Convertible Security Agreement (Oxis International Inc)

Delivery of Certificate Upon Conversion. Not later than three (3) Trading Days after each Conversion Date (the “Share Delivery Date”), Borrower shall deliver, or cause to be delivered, to the Holder a certificate or certificates representing the Conversion Shares which, on or after the earlier of (i) the six month anniversary of the Original Issue Date or (ii) after the effective date or a current registration statementEffective Date, shall be free of restrictive legends and trading restrictions (other than those which may then be required by the Purchase Agreement) representing the number of Conversion Shares being acquired upon the conversion of this Note. On or after the earlier of (i) the six month anniversary of the Original Issue Date or (ii) the effective dateEffective Date, Borrower shall use its best efforts to deliver any certificate or certificates required to be delivered by Borrower under this Section 4(c) electronically through the Depository Trust Company Borrower or another established clearing corporation performing similar functions.

Appears in 1 contract

Samples: Convertible Security Agreement (General Employment Enterprises Inc)

Delivery of Certificate Upon Conversion. Not later than three (3) Trading Days after each Conversion Date (the “Share Delivery Date”), Borrower the Company shall deliver, or cause to be delivered, to the Holder a certificate or certificates representing the Conversion Shares which, on or after the earlier of (i) the six month anniversary of the Original Issue Date or (ii) after the effective date or a current registration statementEffective Date, shall be free of restrictive legends and trading restrictions (other than those which may then be required by the Purchase Agreement) representing the number of Conversion Shares being acquired upon the conversion of this NoteDebenture. On or after the earlier of (i) the six month anniversary of the Original Issue Date or (ii) the effective dateEffective Date, Borrower subject to applicable securities laws, rules and regulations, the Company shall use its best efforts to deliver any certificate or certificates required to be delivered by Borrower the Company under this Section 4(c) electronically through the Depository Trust Company or another established clearing corporation performing similar functions.

Appears in 1 contract

Samples: Convertible Security Agreement (H & H Imports, Inc.)

AutoNDA by SimpleDocs

Delivery of Certificate Upon Conversion. Not later than three (3) Trading Days after each Conversion Date (the “Share Delivery Date”), Borrower shall deliver, or cause to be delivered, to the Holder a certificate or certificates representing the Conversion Shares which, on or after the earlier of (i) the six twelve month anniversary of the Original Issue Date or (ii) after the effective date or a current registration statementEffective Date, shall be free of restrictive legends and trading restrictions (other than those which may then be required by the Purchase Subscription Agreement) representing the number of Conversion Shares being acquired upon the conversion of this Note. On or after the earlier of (i) the six twelve month anniversary of the Original Issue Date or (ii) the effective dateEffective Date, Borrower shall use its best efforts to deliver any certificate or certificates required to be delivered by Borrower under this Section 4(c) electronically through the Depository Trust Company or another established clearing corporation performing similar functions.

Appears in 1 contract

Samples: Convertible Security Agreement (nDivision Inc.)

Delivery of Certificate Upon Conversion. Not later than three five (35) Trading Days after each Conversion Date (the “Share Delivery Date”), Borrower shall deliver, or cause to be delivered, to the Holder New Purchaser a certificate or certificates representing the Conversion Shares which, on or after the earlier of (i) the six month anniversary of the Original Issue Date or (ii) after the effective date or a current registration statementEffective Date, shall be free of restrictive legends and trading restrictions (other than those which may then be required by the Purchase Agreement) representing the number of Conversion Shares being acquired upon the conversion of this Note. On or after the earlier of (i) the six month anniversary of the Original Issue Date or (ii) the effective dateEffective Date, Borrower shall use its best commercially reasonable efforts to deliver any certificate or certificates required to be delivered by Borrower under this Section 4(c) electronically through the Depository Trust Company or another established clearing corporation performing similar functions.

Appears in 1 contract

Samples: Convertible Security Agreement (Emerald Medical Applications Corp.)

Delivery of Certificate Upon Conversion. Not later than three (3) Trading Days after each Conversion Date (the "Share Delivery Date"), Borrower shall deliver, or cause to be delivered, to the Holder a certificate or certificates representing the Conversion Shares which, on or after the earlier of (i) the six month anniversary of the Original Issue Date or (ii) after the effective date or a current registration statementEffective Date, shall be free of restrictive legends and trading restrictions (other than those which may then be required by the Purchase Agreement) representing the number of Conversion Shares being acquired upon the conversion of this Note. On or after the earlier of (i) the six month anniversary of the Original Issue Date or (ii) the effective dateEffective Date, Borrower shall use its best efforts to deliver any certificate or certificates required to be delivered by Borrower under this Section 4(c5(c) electronically through the Depository Trust Company or another established clearing corporation performing similar functions.

Appears in 1 contract

Samples: Convertible Security Agreement (Ironwood Gold Corp.)

Delivery of Certificate Upon Conversion. Not later than three (3) Trading Days after each Conversion Date (the “Share Delivery Date”), Borrower shall deliver, or cause to be delivered, to the Holder a certificate or certificates representing the Conversion Shares which, on or after the earlier of (i) the six twelve month anniversary of the Original Issue Date or (ii) after the effective date or a current registration statementEffective Date, shall be free of restrictive legends and trading restrictions (other than those which may then be required by the Purchase Subscription Agreement) representing the number of Conversion Shares being acquired upon the conversion of this Note. On or after the earlier of (i) the six twelve-month anniversary of the Original Issue Date or (ii) the effective dateEffective Date, Borrower shall use its best efforts to deliver any certificate or certificates required to be delivered by Borrower under this Section 4(c) electronically through the Depository Trust Company or another established clearing corporation performing similar functions.

Appears in 1 contract

Samples: Convertible Security Agreement (Nevada Canyon Gold Corp.)

Delivery of Certificate Upon Conversion. Not later than three five (35) Trading Days after each Conversion Date (the “Share Delivery Date”), Borrower shall deliver, or cause to be delivered, to the Holder a certificate or certificates representing the Conversion Shares which, on or after the earlier of (i) the six month first anniversary of the Original Issue Date or (ii) after the effective date or a current registration statementEffective Date, shall be free of restrictive legends and trading restrictions (other than those which may then be required by Section 4.1(d) the Purchase Agreement) representing the number of Conversion Shares being acquired upon the conversion of this Note. On or after the earlier of (i) the six month first anniversary of the Original Issue Date or (ii) the effective dateEffective Date, Borrower shall use its best commercially reasonable efforts to deliver any certificate or certificates required to be delivered by Borrower under this Section 4(c) electronically through the Depository Trust Company or another established clearing corporation performing similar functions.

Appears in 1 contract

Samples: Convertible Security Agreement (Sincerity Applied Materials Holdings Corp.)

Delivery of Certificate Upon Conversion. Not later than three (3) Trading Days after each Conversion Date (the "Share Delivery Date"), Borrower the Company shall deliver, or cause to be delivered, to the Holder (A) a certificate or certificates representing the Conversion Shares which, on or after the earlier of (i) the six month anniversary of the Original Issue Date or (ii) after the effective date or a current registration statementEffective Date, shall be free of restrictive legends and trading restrictions (other than those which may then be required by the Purchase Agreement) representing the number of Conversion Shares being acquired upon the conversion of this NoteDebenture. On or after the earlier of (i) the six month anniversary of the Original Issue Date or (ii) the effective dateEffective Date, Borrower the Company shall use its best efforts to deliver any certificate or certificates required to be delivered by Borrower the Company under this Section 4(c4( c) electronically through the Depository Trust Company or another established clearing corporation performing similar functions.

Appears in 1 contract

Samples: Convertible Security Agreement (American Natural Energy Corp)

Delivery of Certificate Upon Conversion. Not later than three (3) Trading Days after each Conversion Date (the “Share Delivery Date”), Borrower the Company shall deliver, or cause to be delivered, to the Holder a certificate or certificates representing the Conversion Shares which, on or after the earlier of (i) the six month anniversary of the Original Issue Date or (ii) after the effective date or a current registration statementEffective Date, shall be free of restrictive legends and trading restrictions (other than those which may then be required by the Purchase Agreement) representing the number of Conversion Shares being acquired upon the conversion of this Note. On or after the earlier of (i) the six month anniversary of the Original Issue Date or (ii) the effective dateEffective Date, Borrower the Company shall use its best efforts to deliver any certificate or certificates required to be delivered by Borrower the Company under this Section 4(c) electronically through the Depository Trust Company or another established clearing corporation performing similar functions.

Appears in 1 contract

Samples: Convertible Security Agreement (NXT Nutritionals Holdings, Inc.)

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