Common use of Treatment of Whitco Convertible Debentures Clause in Contracts

Treatment of Whitco Convertible Debentures. In the event any ---------------------------------------------- convertible debentures of Whitco are still outstanding on the Effective Date, such convertible debentures shall be converted into Wentworth Common Stock on the same basis of conversion as set forth in Section 6.1 above.

Appears in 4 contracts

Samples: Securities Exchange Agreement (Catalyst Lighting Group Inc), Securities Exchange Agreement (Depenbusch Dennis), Securities Exchange Agreement (Wentworth Iii Inc)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!