Issuance of Securities on Conversion. As soon as practicable after conversion of this Note, Company, at its expense, will cause to be issued in the name of and delivered to the Holder a certificate or certificates representing the number of fully paid and nonassessable shares of the Equity Securities or Common Stock (as applicable) to which Holder shall be entitled upon such conversion. No fractional shares will be issued upon conversion of this Note.
Appears in 4 contracts
Samples: Convertible Note and Warrant Purchase Agreement, Convertible Note and Warrant Purchase Agreement (Helix Biomedix Inc), Convertible Note and Warrant Purchase Agreement (Helix Biomedix Inc)
Issuance of Securities on Conversion. As soon as practicable after conversion of this Note, Company, at its expense, the Company will cause to be issued in the name of and delivered to the Holder Holder, a certificate or certificates representing the number of fully paid and nonassessable shares of the Equity Securities or Common Stock (as applicable) to which the Holder shall be entitled upon on such conversion. No fractional shares will be issued upon on conversion of this NoteNote and in lieu thereof the Holder shall be entitled to payment in cash of the amount of the Note not converted into shares.
Appears in 1 contract
Samples: First Virtual Holdings Inc
Issuance of Securities on Conversion. As soon as practicable after conversion of this Note, the Company, at its expense, will cause to be issued in the name of and delivered to the Holder a certificate or certificates representing the number of fully paid and nonassessable shares of the Equity Securities or Common Stock (as applicable) to which Holder shall be entitled upon such conversion. No fractional shares will be issued upon conversion of this Note.
Appears in 1 contract
Samples: Note and Warrant Purchase Agreement (Helix Biomedix Inc)
Issuance of Securities on Conversion. As soon as practicable after conversion of this Note, the Company, at its expense, will cause to be issued in the name of and delivered to the Holder of this Note, a certificate or certificates representing the number of fully paid and nonassessable shares of the Equity Securities or Common Stock (as applicable) to which Holder shall be entitled upon on such conversion. No fractional shares will be issued upon conversion of this Note.
Appears in 1 contract
Samples: Hyperbaric Systems
