Optional Conversion prior to Maturity. Prior to the Maturity Date, all or a portion of the principal payable hereunder, along with a proportional amount of all other amounts then payable under the Note (except for interest, which is subject to payment in accordance with Section 4.3 of this Note), may from time to time, at the sole option of the Holder, be repaid with shares of the Maker’s Common Stock in accordance with the terms of Section 5.2 of this Note. Each date of such an optional conversion shall be referred to herein as an “Optional Conversion Date”.
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Samples: Convertible Promissory Note (Biohitech Global, Inc.), Subordinated Convertible Promissory Note (Biohitech Global, Inc.), Securities Purchase Agreement (Biohitech Global, Inc.)
Optional Conversion prior to Maturity. Prior to the Maturity Date, all or a portion of the principal payable hereunder, along with a proportional amount of all other amounts then payable under the Note (except for interest, which is subject to payment in accordance with Section 4.3 of this Note), may from time to time, at the sole option of the Holder, time be repaid with shares of the Maker’s Common Stock in accordance with the terms of Section 5.2 of this Note. Each date of such an optional conversion shall be referred to herein as an “Optional Conversion Date”.
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