Common use of Delivery of Common Stock Upon Conversion Clause in Contracts

Delivery of Common Stock Upon Conversion. Upon receipt by Borrower from Holder of a facsimile transmission (with receipt confirmation from recipient) or e-mail (or other reasonable means of communication) of a Conversion Notice meeting the requirements for conversion as provided in this Section 1.4, Borrower shall issue and deliver or cause to be issued and delivered to the order of Holder certificates for the Common Stock issuable upon such conversion within two (2) business days after such receipt (but in no event later than the third (3rd) business day being hereinafter referred to as the “Deadline”) (and, solely in the case of conversion of the entire unpaid principal amount hereof, surrender of this Note) in accordance with the terms hereof and the Purchase Agreement.

Appears in 1 contract

Samples: Convertible Note Purchase Agreement (TechCare Corp.)

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Delivery of Common Stock Upon Conversion. Upon receipt by the Borrower from Holder Lender of a facsimile transmission (with receipt confirmation from recipient) or e-mail (or other reasonable means of communication) of a Notice of Conversion Notice meeting the requirements for conversion as provided in this Section 1.49, the Borrower shall issue and deliver or cause to be issued and delivered to or upon the order of Holder Lender certificates for the Common Stock issuable upon such conversion within two three (23) business days after such receipt (but in no any event later than the third fifth (3rd5th) business day being hereinafter referred to as the "Deadline") (and, solely in the case of conversion of the entire unpaid principal amount hereof, surrender of this the Note) in accordance with the terms hereof and the Purchase Agreement).

Appears in 1 contract

Samples: Revolving Credit Agreement (Intercloud Systems, Inc.)

Delivery of Common Stock Upon Conversion. Upon receipt by the Borrower from the Holder of a facsimile transmission (with receipt confirmation from recipient) or e-mail (or other reasonable means of communication) of a Notice of Conversion Notice meeting the requirements for conversion as provided in this Section 1.4, the Borrower shall issue and deliver or cause to be issued and delivered to or upon the order of the Holder certificates for the Common Stock issuable upon such conversion within two three (23) business days after such receipt (( but in no any event later than the third fifth (3rd5th) business day being hereinafter referred to as the “Deadline”) (and, solely in the case of conversion of the entire unpaid principal amount hereof, surrender of the this Note) in accordance with the terms hereof and the Purchase Agreement.

Appears in 1 contract

Samples: Securities Purchase Agreement (Titan Iron Ore Corp.)

Delivery of Common Stock Upon Conversion. Upon receipt by the Borrower from the Holder of a facsimile transmission (with receipt confirmation from recipient) or e-mail (or other reasonable means of communication) of a Notice of Conversion Notice meeting the requirements for conversion as provided in this Section 1.4, the Borrower shall issue and deliver or cause to be issued and delivered to or upon the order of the Holder certificates for the Common Stock issuable upon such conversion within two three (23) business days after such receipt (but in no any event later than the third fifth (3rd5th) business day being hereinafter referred to as the “Deadline”) (and, solely in the case of conversion of the entire unpaid principal amount hereof, ; surrender of this Note) in accordance with the terms hereof and the Purchase Agreement.

Appears in 1 contract

Samples: Employment Agreement (eLayaway, Inc.)

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Delivery of Common Stock Upon Conversion. Upon receipt by the Borrower from the Holder of a facsimile transmission (with receipt confirmation from recipient) or e-mail (or other reasonable means of communication) of a Notice of Conversion Notice meeting the requirements for conversion as provided in this Section 1.4, the Borrower shall issue and deliver or cause to be issued and a nd delivered to or upon the order of the Holder certificates for the Common Stock issuable upon such conversion within two three (23) business days after such receipt (( but in no any event later than the third fifth (3rd5th) business day being hereinafter referred to as the “Deadline”) (and, solely in the case of conversion of the entire unpaid principal amount hereof, surrender of the this Note) in accordance with the terms hereof and the Purchase Agreement.

Appears in 1 contract

Samples: Securities Purchase Agreement (TagLikeMe Corp.)

Delivery of Common Stock Upon Conversion. Upon receipt by the Borrower from the Holder of a facsimile transmission (with receipt confirmation from recipient) or e-mail (or other reasonable means of communication) of a Notice of Conversion Notice meeting the requirements for conversion as provided in this Section 1.4, the Borrower shall issue and deliver or cause to be issued and delivered to or upon the order of the Holder certificates for the Common Stock issuable upon such conversion within two three (23) business days after such receipt (but in no any event later than the third fifth (3rd5th) business day being hereinafter referred to as the "Deadline") (and, solely in the case of conversion of the entire unpaid principal amount hereof, surrender of this Note) in accordance with the terms hereof and the Purchase Agreement.

Appears in 1 contract

Samples: Securities Purchase Agreement (CelLynx Group, Inc.)

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