Common use of Procedure for Conversion Clause in Contracts

Procedure for Conversion. In connection with any conversion of this Note, the Holder shall surrender this Note to the Company and deliver to the Company any documentation reasonably required by the Company (including, in the case of a Qualified Equity Financing, all financing documents executed by the Investors in connection with such Qualified Equity Financing). The Company shall not be required to issue or deliver the Common Equity into which this Note may convert until the Holder has surrendered this Note to the Company and delivered to the Company any such documentation.

Appears in 4 contracts

Samples: Subordinated Note Agreement (Triller Corp.), Subordinated Note (Triller Corp.), Subordinated Note (Triller Corp.)

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Procedure for Conversion. In connection with any conversion of this NoteNote into capital stock, the Holder shall surrender this Note to the Company and deliver to the Company any documentation reasonably required by the Company (including, in the case of a Qualified Equity Financing, all financing documents executed by the Investors in connection with such Qualified Equity Financing). The Company shall not be required to issue or deliver the Common Equity into which this Note may convert until the Holder has surrendered this Note to the Company and delivered to the Company any such documentation.The

Appears in 1 contract

Samples: Promissory Note (Blockchain Industries, Inc.)

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