Common use of Mechanics of Conversion Clause in Contracts

Mechanics of Conversion. The conversion of this Note shall be conducted in the following manner: i. Holder’s Conversion Requirements. To convert this Note into shares of Common Stock on any date set forth in the Conversion Notice by the Holder (the “Conversion Date”), the Holder hereof shall transmit by email, facsimile or otherwise deliver, for receipt on or prior to 11:59 p.m., Eastern Time, on such date or on the next business day, a copy of a fully executed notice of conversion in the form attached hereto as Exhibit 1 to the Company.

Appears in 10 contracts

Samples: Convertible Note Agreement (Blue Water Global Group, Inc.), Convertible Note Agreement (Blue Water Global Group, Inc.), Note Agreement (Force Protection Video Equipment Corp.)

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Mechanics of Conversion. The conversion of this Note shall be conducted in the following manner: i. Holder’s Conversion Requirements. To convert this Note into shares of Common Stock on any date set forth in the Conversion Notice by the Holder (the “Conversion Date”), the Holder hereof shall transmit by email, facsimile or otherwise deliver, for receipt on or prior to 11:59 p.m., Eastern Time, Time on such date or on the next business day, a copy of a fully executed notice of conversion in the form attached hereto as Exhibit 1 (the “Conversion Date”) to the Company.

Appears in 7 contracts

Samples: Note (Saleen Automotive, Inc.), Note (FBEC Worldwide Inc.), Note (FBEC Worldwide Inc.)

Mechanics of Conversion. The conversion of this Note shall be conducted in the following manner: i. (1) Holder’s 's Conversion Requirements. To convert this Note into shares of Common Stock on any date set forth in the Conversion Notice by the Holder (the "Conversion Date"), the Holder hereof shall transmit by email, facsimile or otherwise deliver, for receipt on or prior to 11:59 p.m., Eastern Time, Time on such date or on the next business daydate, a copy of a fully executed notice of conversion in the form attached hereto as Exhibit 1 2(e)(1) (the "Conversion Notice") to the Company.

Appears in 5 contracts

Samples: Note (Big Tree Group, Inc.), Note Agreement (Red Giant Entertainment, Inc.), Note Agreement (Red Giant Entertainment, Inc.)

Mechanics of Conversion. The conversion of this Note shall be conducted in the following manner: i. Holder’s 's Conversion Requirements. To convert this Note into shares of Common Stock on any date set forth in the Conversion Notice by the Holder (the "Conversion Date"), the Holder hereof shall transmit by email, facsimile or otherwise deliver, for receipt on or prior to 11:59 p.m., Eastern Time, on such date or on the next business day, a copy of a fully executed notice of conversion in the form attached hereto as Exhibit 1 to the Company.

Appears in 2 contracts

Samples: Note (Brazil Minerals, Inc.), Note (Brazil Minerals, Inc.)

Mechanics of Conversion. The conversion of this Note shall be conducted in the following manner: i. Holder’s 's Conversion Requirements. To convert this Note into shares of Common Stock on any date set forth in the Conversion Notice by the Holder (the "Conversion Date"), the Holder hereof shall transmit by email, facsimile or otherwise deliver, for receipt on or prior to 11:59 p.m., Eastern Time, Time on such date or on the next business day, a copy of a fully executed notice of conversion in the form attached hereto as Exhibit 1 (the "Conversion Notice") to the Company.

Appears in 2 contracts

Samples: Note Agreement (Red Giant Entertainment, Inc.), Note Agreement (Red Giant Entertainment, Inc.)

Mechanics of Conversion. The conversion of this Note shall be conducted in the following manner: i. Holder’s 's Conversion Requirements. To convert this Note into shares of Common Stock on any date set forth in the inthe Conversion Notice by the Holder (the "Conversion Date"), the Holder hereof shall transmit by email, facsimile or otherwise deliver, for receipt on or prior to 11:59 p.m., Eastern Time, on such date or on the next business day, a copy of a fully executed notice of conversion in the form attached hereto as Exhibit 1 to 1to the Company.

Appears in 1 contract

Samples: Securities Purchase Agreement (Bemax, Inc.)

Mechanics of Conversion. The conversion of this Note shall be conducted in the following manner: i. Holder’s 's Conversion Requirements. To convert this Note into shares of Common Stock on any date 181 days or more after the Note issuance, set forth in the Conversion Notice by the Holder (the "Conversion Date"), the Holder hereof shall transmit by email, facsimile or otherwise deliver, for receipt on or prior to 11:59 p.m., Eastern Time, Time on such date or on the next business dayday (the "Conversion Date"), a copy of a fully executed notice of conversion in the form attached hereto as Exhibit 1 to the Company.

Appears in 1 contract

Samples: Convertible Note Agreement (Liberty Star Uranium & Metals Corp.)

Mechanics of Conversion. The conversion of this Note shall be conducted in the following manner: i. Holder’s 's Conversion Requirements. To convert this Note into shares of Common Stock on any date set forth in the Conversion Notice by the Holder (the “Conversion Date”), ) the Holder hereof shall transmit by email, facsimile or otherwise deliver, for receipt on or prior to 11:59 p.m., Eastern Time, Time on such date or on the next business day, a copy of a fully executed notice Notice of conversion in the form attached hereto as Exhibit 1 I (the "Conversion Date") to the Company.

Appears in 1 contract

Samples: Note (Las Vegas Railway Express, Inc.)

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Mechanics of Conversion. The conversion of this Note shall be conducted in the following manner: i. Holder’s 's Conversion Requirements. To convert this Note into shares of Common Stock Shares on any date (the "Conversion Date"), set forth in a notice of conversion in the Conversion Notice by the Holder form attached hereto as Exhibit 1 (the " Conversion Date”), Notice") the Holder hereof shall transmit by email, facsimile or otherwise deliver, for receipt on or prior to 11:59 p.m., Eastern Time, Time on such date or on the next business dayBusiness Day, a copy of a fully executed notice of conversion in the form attached hereto as Exhibit 1 Conversion Notice to the Company.

Appears in 1 contract

Samples: Note (Brazil Minerals, Inc.)

Mechanics of Conversion. The conversion of this Note shall be conducted in the following manner: i. Holder’s Conversion Requirements. To convert this Note into shares of Common Stock on any date set forth in the Conversion Notice by the Holder (the “Conversion Date”), the Holder hereof shall transmit by email, facsimile or otherwise deliver, for receipt on or prior to 11:59 5:00 p.m., Eastern Time, on such date or on the next business day, a copy of a fully executed notice of conversion in the form attached hereto as Exhibit 1 to the Company.

Appears in 1 contract

Samples: Note (Elite Data Services, Inc.)

Mechanics of Conversion. The conversion of this Note shall be conducted in the following manner: i. Holder’s 's Conversion Requirements. To convert this Note into shares of Common Stock on any date set forth in the inthe Conversion Notice by the Holder (the "Conversion Date"), the Holder hereof shall transmit by email, facsimile or otherwise deliver, for receipt on or prior to 11:59 p.m., Eastern Time, on such date or on the next business day, a copy of a fully executed notice of conversion in the form attached hereto as Exhibit 1 to the Company.

Appears in 1 contract

Samples: Convertible Note (Pura Naturals, Inc.)

Mechanics of Conversion. The conversion of this Note shall be conducted in the following manner: i. Holder’s 's Conversion Requirements. To convert this Note into shares of Common Stock on any date set forth in the Conversion Notice by the Holder (the "Conversion Date"), the Holder hereof shall transmit by email, facsimile or otherwise deliver, for receipt on or prior to 11:59 p.m., Eastern Time, Time on such date or on the next business day, a copy of a fully executed notice of conversion in the form attached hereto as Exhibit 1 (the "Conversion Date") to the Company.

Appears in 1 contract

Samples: Note Agreement (Red Giant Entertainment, Inc.)

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