Election to Convert. (a) Holder hereby elects to convert the debt owed by GWSO in the amount of $116,900 into 50,606 shares of Common Stock.
(b) The conversion of debt hereby shall be effective upon the date of execution of this Agreement (the “Effective Date”).
Election to Convert. To American Skiing Company The undersigned owner of this Note hereby irrevocably exercises the option to convert this Note, or the portion below designated, into Series D Preferred Stock of American Skiing Company in accordance with the terms of the Indenture referred to in this Note, and directs that the shares issuable and deliverable upon conversion, together with any check in payment for fractional shares, be issued in the name of and delivered to the undersigned, unless a different name has been indicated in the assignment below. If the shares are to be issued in the name of a person other than the undersigned, the undersigned will pay all transfer taxes payable with respect thereto. Date: ----------------------------- in whole ___ Portions of Accreted Value of the Note to be converted (with $100 Original Issue Price or integral multiples thereof): $ ____________ Signature ________________________________________ Please Print or Typewrite Name and Address, Including Zip Code, and Social Security or Other Identifying Number Signature Guarantee: * ________________________________________ * Signature must be guaranteed by a commercial bank, trust company or member firm of the New York Stock Exchange. However, this guarantee is not required so long as the Purchaser holds the Note. [TO BE ATTACHED TO GLOBAL NOTES] SCHEDULE A SCHEDULE OF ORIGINAL ISSUE PRICE The original issue price of this Global Note shall be $ . The following increases or decreases in the Original Issue Price (as defined in the Indenture) of this Global Note have been made: Amount of increase Signature of Date of exchange Amount of decrease in in Original Issue Original Issue authorized officer following such Original Issue Price Price of this Price of this of Trustee or Notes decrease or of this Global Note Global Note Global Note Custodian increase ---------------------------------------------------------------------------------------------------------- EXHIBIT B FORM OF TRANSFER CERTIFICATE FOR TRANSFER FROM RULE 144A GLOBAL NOTE OR RESTRICTED NOTE TO REGULATION S GLOBAL NOTE (Transfers pursuant to Section 2.06(a)(ii) or 2.06(a)(vii) of the Indenture) [Name of Trustee] as Trustee [Address] Attn: Re: American Skiing Company 11.3025% Convertible Subordinated Notes due 2007 (the "NOTES") Reference is hereby made to the Indenture, dated as of July __, 2001 (the "INDENTURE"), between American Skiing Company, as Issuer, and , as Trustee. This letter relates to $[ ] [check one] (i) [ ] aggre...
Election to Convert. To: Intevac, Inc.
Election to Convert. At any time prior to the Maturity Date, the Investor may elect by written notice to the Company and the surrender of this Note to convert this Note (including accrued but unpaid interest), at the Conversion Price, into shares of Series B-2 Participating Convertible Preferred Stock of the Company, par value $.001 per share.
Election to Convert. Notwithstanding the provisions set forth above, Investor may at any time, at its option, by written notice (the "Conversion Notice") to the Company, elect to convert all or any part of the entire outstanding principal amount of the Note plus a pro rata share of the accrued interest on the then outstanding balance into common stock of the Company at a price per share equal to Two Dollars and No Cents ($2.00) per share.
Election to Convert. At any time prior to the Maturity Date, the Investor may elect by written notice to the Company and the surrender of this Note to convert this Note (including accrued but unpaid interest) into such number of shares of Series C Preferred Stock as equals the number of shares of Common Stock that the Investor would have received if this Note (including accrued but unpaid interest) had been converted as of the same date, at the Conversion Price, into shares of Series B-1 Preferred Stock, and such shares of Series B-1 Preferred Stock had been immediately converted, in accordance with the then-current terms thereof, into shares of Common Stock.”
(c) amending Section 2(d) by deleting “Conversion Price” and replacing it with “effective conversion price of this Note per share of Series C Preferred Stock applying the formula set forth in 2(b) and (c) above”
Election to Convert. To: HMT Technology Corporation The undersigned owner of $________ in principal of HMT Technology Corporation's 5 3/4% Convertible Subordinated Notes due 2004 (the "Convertible Note") hereby irrevocably exercises the option to convert the Convertible Note, or the portion below designated, into Common Stock of HMT Technology Corporation in accordance with the terms of the Indenture referred to in the Convertible Note, and directs that the shares issuable and deliverable upon conversion, together with any check in payment for fractional shares, be issued in the name of and delivered to the undersigned, unless a different name has been indicated in the assignment below. If shares are to be issued in the name of a person other than the undersigned, the undersigned will pay all transfer taxes payable with respect thereto. Any Noteholder, upon the exercise of its conversion rights in accordance with the terms of the Indenture and the Convertible Note, agrees to be bound by the terms of the Registration Agreement relating to the Common Stock issuable upon conversion of the Convertible Note. Date: Amount of Convertible Note to be converted ($1,000 or integral multiples thereof); $______________________ Signature (for conversion only) ________________________________________ Please Print or Typewrite Name and Address, Including Zip Code, and Social Security or Other Identifying Number
(1) Signature must be guaranteed by a commercial bank, trust company or member firm of the New York Stock Exchange.
Election to Convert a. Holder hereby elects to convert 70,000 shares of Preferred Shares held by Holder into 70 million shares of Common Stock in accordance with Securities Purchase Agreement.
b. The conversion of shares of Preferred Stock Series contemplated hereby shall be effective immediately or upon the date on which KDCE amends its articles of incorporation to increase the number of authorized shares of Common Stock to a number of shares sufficient to permit the conversion of the 70,000 shares of Preferred Stock (the “Effective Date”) .
c. In connection with the election made by Holder hereby, Holder is delivering with this executed Agreement (i) an executed conversion notice (“Conversion Notice”) which constitutes the written instructions which Holder is required to deliver to KDCE in connection with the conversion of the shares of Preferred Stock held by Holder and (ii) the certificates evidencing 70,000 shares of Preferred Stock Series issued to Holder by KDCE.
Election to Convert. Lender may, at its option exercisable by written notice (the "Conversion Notice") to the Company at any time prior to payment in full hereof, elect to convert all or any part of the entire outstanding principal amount of this Note into shares of Xxxxx International Inc. Common Stock at a conversion price equal to the greater of $.10 per share or thirty percent (30%) below the market price on the date of conversion.
Election to Convert. In accordance with the terms hereof, and as a result of the prior approval of the shareholders and Board of Trustees of the Company, the Unit Holders hereby elect, and the Company hereby acknowledges that election, to convert 1,000,000 of the Units into 1,000,000 Shares (the “New Shares”) as set forth on Exhibit A.
