Common use of Election to Convert Clause in Contracts

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.

Appears in 2 contracts

Samples: Convertible Promissory Note (Nano Vibronix, Inc.), Convertible Promissory Note (Nano Vibronix, Inc.)

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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 B-1 Participating Convertible Preferred Stock of the Company, par value $.001 per share.

Appears in 2 contracts

Samples: Convertible Promissory Note (Nano Vibronix, Inc.), Convertible Promissory Note (Nano Vibronix, Inc.)

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