Mechanics of Holder’s Conversion. In the event that the Holder elects to convert this Note into Common Stock, the Holder shall give notice of such election by delivering an executed and completed notice of conversion (“Notice of Conversion”) to the Borrower and such Notice of Conversion shall provide a breakdown in reasonable detail of the Principal Amount, accrued interest and fees that are being
Appears in 1 contract
Samples: Secured Revolving Note (Micro Component Technology Inc)
Mechanics of Holder’s Conversion. In the event that the Holder elects to convert this Note into Common Stock, the Holder shall give notice of such election by delivering an executed and completed notice of conversion (“Notice of Conversion”) to the Borrower and such Notice of Conversion shall provide a breakdown in reasonable detail of the Principal Amount, accrued interest and fees that are beingPrincipal
Appears in 1 contract
Samples: Secured Convertible Note (Digital Lifestyles Group Inc)
Mechanics of Holder’s Conversion. In the event that the Holder elects to convert this convxxx xxis Note into Common Stock, the Holder shall give notice of such election by delivering an executed and completed notice of conversion (“"Notice of Conversion”") to the Borrower and such Notice of Conversion shall provide a breakdown in reasonable detail of the Principal Amount, accrued interest and fees that are beingaccrued
Appears in 1 contract
Samples: Secured Convertible Minimum Borrowing Note (Digital Lifestyles Group Inc)
