Conversion Date. The conversion of this Convertible Debenture is deemed to occur (a) in the case of a conversion pursuant to Section 2.1, upon receipt by the Corporation of the Conversion Notice delivered or such later time as specified in such notice of conversion; or (b) in the case of a conversion pursuant to Section 2.2, immediately upon the Maturity Date. The rights of the Holder terminate at such time and the Holder with respect to this Convertible Debenture will be treated as having become the Holder of record of Common Shares at that time.
Appears in 6 contracts
Samples: Subscription Agreement, Subscription Agreement, Subscription Agreement
