Delivery of Conversion Shares. Within a reasonable time, not to exceed five (5) business days after the Conversion Date, the Borrower will deliver a certificate to Holder representing the number of fully paid and non-assessable shares of Common Stock into which the Conversion Amount has been converted in accordance with the terms of this Note. The certificate will bear a restrictive legend in accordance with applicable securities laws unless the shares have been previously registered.
Appears in 4 contracts
Samples: Note Agreement (Rancher Energy Corp.), Note Agreement (Rancher Energy Corp.), Note Agreement (Rancher Energy Corp.)