Common use of Liquidation; Dissolution Clause in Contracts

Liquidation; Dissolution. If the Company shall dissolve, liquidate or wind up its affairs, the Purchaser shall have the right, but not the obligation, to convert the Note effective as of the date of such dissolution, liquidation or winding up.

Appears in 5 contracts

Samples: Convertible Note Purchase Agreement (Integrated Media Technology LTD), Convertible Note Purchase Agreement (Integrated Media Technology LTD), Convertible Note Purchase Agreement (Integrated Media Technology LTD)

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Liquidation; Dissolution. If the Company shall dissolve, liquidate or wind up its affairs, the Purchaser shall have the right, but not the obligation, to convert the Note and exercise the Warrant effective as of the date of such dissolution, liquidation or winding up.

Appears in 1 contract

Samples: Convertible Note and Warrant Purchase Agreement (DigitalPost Interactive, Inc.)

Liquidation; Dissolution. If the Company shall dissolve, liquidate or wind up its affairs, the Purchaser shall have the right, but not the obligation, to convert the Note and exercise the Warrant effective as of the date of such dissolution, liquidation or winding up.. (e)

Appears in 1 contract

Samples: Note and Warrant Purchase Agreement

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Liquidation; Dissolution. If the Company shall dissolve, liquidate or wind up its affairs, the Purchaser shall have the right, but not the obligation, to convert exercise the Note Warrant effective as of the date of such dissolution, liquidation or winding up.

Appears in 1 contract

Samples: Securities Purchase Agreement (DigitalPost Interactive, Inc.)

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