Holders Conversion Rights. While any amounts are owed under this Note, including accrued interest, the Holder shall have the right, but not the obligation, to convert all or any portion of the then aggregate outstanding principal amount of this Note, together with all accrued but unpaid interest and fees due thereon, into shares of Common Stock subject to the terms and conditions set forth in this Article III (a "CONVERSION"). The Holder may exercise such right by delivery to the Borrower of a written, executed and completed notice of conversion in the form of Exhibit A hereto (a "NOTICE OF CONVERSION") not less than three (3) days prior to the date upon which such conversion shall occur.
Appears in 3 contracts
Samples: Convertible Term Note (Tidel Technologies Inc), Convertible Term Note (Tidel Technologies Inc), Convertible Term Note (Tidel Technologies Inc)
Holders Conversion Rights. While any amounts are owed under this Note, including accrued interest, the The Holder shall have the right, but not the obligation, to convert all or any portion of the then aggregate outstanding principal amount of this Note, together with all accrued but unpaid interest and fees due thereonhereon, into shares of Common Stock Ordinary Shares subject to the terms and conditions set forth in this Article III (a "CONVERSION")III. The Holder may exercise such right by delivery to the Borrower of a written, executed and completed written notice of conversion in the form of Exhibit A attached hereto (a "NOTICE OF CONVERSION"the “Notice of Conversion”) not less than three one (31) days business day prior to the date upon which such conversion shall occur. The date upon which such conversion shall occur is the “Conversion Date”.
Appears in 2 contracts
Samples: Secured Convertible Term Note (Bos Better Online Solutions LTD), Secured Convertible Term Note (Bos Better Online Solutions LTD)
Holders Conversion Rights. While any amounts are owed under this Note, including accrued interest, the The Holder shall have the right, but not the obligation, to convert all or any portion of the then aggregate outstanding principal amount of this Note, together with all accrued but unpaid interest and fees due thereon, Note into shares of Common Stock subject to the terms and conditions set forth in this Article III (a "CONVERSION")III. The Holder may exercise such right by delivery to the Borrower of a written, executed and completed written notice of conversion in the form of Exhibit A hereto (a "NOTICE OF CONVERSION") not less than three one (31) days day prior to the date upon which such conversion shall occur. The date upon which such conversion shall occur is (the "Conversion Date")."
Appears in 1 contract
Samples: Secured Convertible Term Note (Global Payment Technologies Inc)