Common use of Holder's Option to Convert into Common Stock Clause in Contracts

Holder's Option to Convert into Common Stock. Subject to the provisions for adjustment hereinafter set forth, any Note or any portion of the outstanding Accreted Value of such Note shall be convertible at the option of the Holder thereof at any time after the Closing into fully paid and nonassessable shares of Common Stock at a conversion price, determined as hereinafter provided, in effect at the time of conversion.

Holder's Option to Convert into Common Stock. Subject to the provisions for adjustment hereinafter set forth, any Note or any portion of the outstanding Accreted Value of such Note shall be convertible at the option of the Holder thereof at any time after the Closing into fully paid and nonassessable non-assessable shares of Common Stock at a conversion price, determined as hereinafter provided, in effect at the time of conversion.

Holder's Option to Convert into Common Stock. (a) Subject to the provisions for adjustment hereinafter set forth, any Note or any portion of the outstanding Accreted Value principal amount of such Note shall be convertible at the option of the Holder thereof holder at any time after the Closing into fully paid and nonassessable shares of Common Stock at a conversion price, determined as hereinafter provided, in effect at ratio for each $100 of outstanding principal amount of Notes equal to the time of conversionConversion Ratio.