Common use of Election to Convert Clause in Contracts

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”).

Appears in 2 contracts

Samples: Conversion Agreement (Global Warming Solutions, Inc.), Conversion Agreement (Global Warming Solutions, Inc.)

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Election to Convert. (a) Holder hereby elects to convert the debt owed by GWSO in the amount of $116,900 55,208 into 50,606 23,899 shares of Common Stock. (b) The conversion of debt hereby shall be effective upon the date of execution of this Agreement (the “Effective Date”).

Appears in 2 contracts

Samples: Conversion Agreement (Global Warming Solutions, Inc.), Conversion Agreement (Global Warming Solutions, Inc.)

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Election to Convert. (a) Holder hereby elects to convert the debt owed by GWSO in the amount of $116,900 350,095 into 50,606 155,885 shares of Common Stock. (b) The conversion of debt hereby shall be effective upon the date of execution of this Agreement (the “Effective Date”).

Appears in 2 contracts

Samples: Conversion Agreement (Global Warming Solutions, Inc.), Conversion Agreement (Global Warming Solutions, Inc.)

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