Common use of Exchange of the Convertible Notes Clause in Contracts

Exchange of the Convertible Notes. (i) Subject to the satisfaction (or waiver) of the conditions set forth in Sections 5 and 6 below, on the Closing Date (as defined below), the Company shall issue to the Holder a principal amount of the New Notes as is set forth opposite the Holder’s name in column (4) on the Schedule of Holders in exchange for a principal amount of the Convertible Notes as is set forth opposite the Holder’s name in column (3) on the Schedule of Holders, and the Holder agrees to exchange and deliver to the Company such Convertible Notes in exchange for the New Notes (the “Closing”).

Appears in 5 contracts

Samples: Exchange Agreement (Smith & Wesson Holding Corp), Exchange Agreement (Smith & Wesson Holding Corp), Exchange Agreement (Smith & Wesson Holding Corp)

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