Common use of Effect of Converting a Note Clause in Contracts

Effect of Converting a Note. At the Close of Business on the Conversion Date for a Note (or any portion thereof), such Note (or such portion thereof) will be deemed to cease to be outstanding (and, for the avoidance of doubt, no Person will be deemed to be a Holder of such Note (or such portion thereof) as of the Close of Business on such Conversion Date), except to the extent provided in Section 5.02(D).

Appears in 46 contracts

Samples: Indenture (SMART Global Holdings, Inc.), Indenture (Super Micro Computer, Inc.), First Supplemental Indenture (Tilray Brands, Inc.)

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Effect of Converting a Note. At the Close of Business on the Conversion Date for a Note (or any portion thereof)conversion of this Note, such this Note (or such portion thereof) will (unless there occurs a Default in the delivery of the Conversion Consideration or interest due upon such conversion) be deemed to cease to be outstanding (and, for the avoidance of doubt, no Person will be deemed to be a Holder holder of such Note (or such portion thereof) as of the Close of Business on such Conversion Date), except to the extent provided in Section 5.02(D).

Appears in 2 contracts

Samples: Convertible Security Agreement (Xos, Inc.), Convertible Security Agreement (Xos, Inc.)

Effect of Converting a Note. At the Close of Business on the Conversion Date for a Note (or any portion thereof), such Note (or such portion thereof) will be deemed to cease to be outstanding (and, for the avoidance of doubt, no Person will be deemed to be a Holder of such Note (or such portion thereof) as of the Close of Business on such Conversion Date), except to the extent provided in Section 5.02(D5.03(A)(i).

Appears in 2 contracts

Samples: Second Supplemental Indenture (Verastem, Inc.), First Supplemental Indenture (Verastem, Inc.)

Effect of Converting a Note. At the Close close of Business business on the Conversion Date for a Note (or any portion thereof)Date, such Note (or such portion thereof) will be deemed to cease to be outstanding (and, and for the avoidance of doubt, no Person will be deemed to be a Holder of such Note (or such portion thereof) as of the Close close of Business business on such Conversion Date), except to the extent provided in Section 5.02(D).

Appears in 1 contract

Samples: Indenture (Emergent Capital, Inc.)

Effect of Converting a Note. At the Close of Business on the Conversion Date for a Note (or any portion thereof)) to be converted, such Note (or such portion thereofportion) will (unless there occurs a Default in the delivery of the Conversion Consideration or interest due, pursuant to Section 5.03(B) or 5.02(D), upon such conversion) be deemed to cease to be outstanding (and, for the avoidance of doubt, no Person will be deemed to be a Holder of such Note (or such portion thereof) as of the Close of Business on such Conversion Date), except to the extent provided in Section 5.02(D).such

Appears in 1 contract

Samples: Indenture (Progress Software Corp /Ma)

Effect of Converting a Note. At the Close of Business on the Conversion Date for a Note (or any portion thereof), such Note (or such portion thereof) will be deemed to cease to be outstanding (and, for the avoidance of doubt, no Person will be deemed to be a Holder of such #92925316v9 Note (or such portion thereof) as of the Close of Business on such Conversion Date), except to the extent provided in Section 5.02(D).

Appears in 1 contract

Samples: Indenture (Bandwidth Inc.)

Effect of Converting a Note. At the Close of Business on the Conversion Date for a Note (or any portion thereof), such Note (or such portion thereof) will be deemed to cease to be outstanding (and, for the avoidance of doubt, no Person will be deemed to be a Holder of such Note (or such portion thereof) as of the Close of Business on such Conversion Date), except to the extent provided in Section 5.02(D).. ‌ ​ ​ ​

Appears in 1 contract

Samples: Indenture (Vertex, Inc.)

Effect of Converting a Note. At the Close of Business on the Conversion Date for a Note (or any portion thereof)) to be converted, such Note (or such portion thereofportion) will (unless there occurs a Default in the delivery of the Conversion Consideration or interest due, pursuant to Section 5.03(B), upon such conversion) be deemed to cease to be outstanding (and, for the avoidance of doubt, no Person will be deemed to be a Holder of such Note (or such portion thereof) as of the Close of Business on such Conversion Date), except to the extent provided in Section 5.02(D).

Appears in 1 contract

Samples: Indenture (Independence Contract Drilling, Inc.)

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Effect of Converting a Note. At the Close of Business on the Conversion Date for a Note (or any portion thereof), such Note (or such portion thereof) will be deemed to cease to be outstanding (and, for the avoidance of doubt, no Person will be deemed to be a Holder of such Note (or such portion thereof) as of the Close of Business on such Conversion Date), except to the extent provided in Section 5.02(D).. (C)

Appears in 1 contract

Samples: Indenture (Mitek Systems Inc)

Effect of Converting a Note. At the Close of Business on the Conversion Date for a Note (or any portion thereof), such Note (or such portion thereof) will be deemed to cease to be outstanding (and, for the avoidance of doubt, no Person will be deemed to be a Holder of such Note (or such portion thereof) as of the Close of Business on such Conversion Date), except to the extent provided in Section 5.02(D‎Section 5.03(A)(i).

Appears in 1 contract

Samples: Indenture (Verastem, Inc.)

Effect of Converting a Note. At the Close of Business on the Conversion Date for a Note (or any portion thereof), such Note (or such portion thereof) will be deemed to cease to be outstanding (and, for the avoidance of doubt, no Person will be deemed to be a Holder of such Note (or such portion thereof) as of the Close of Business on such Conversion Date), except to the extent provided in Section 5.01(C)(i)(2) or Section 5.02(D).

Appears in 1 contract

Samples: Indenture (2U, Inc.)

Effect of Converting a Note. At the Close of Business on the Conversion Date for a Note (or any portion thereof), such Note (or such portion thereof) will be deemed to cease to be outstanding (and, for the avoidance of doubt, no Person will be deemed to be a Holder of such Note (or such portion thereof) as of the Close of Business on such Conversion Date), except to the extent provided in Section 5.02(D5.02.(D).

Appears in 1 contract

Samples: Indenture (Perficient Inc)

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