Conversion and Exchange. (a) This Note shall be convertible, in whole or in part, into UNITS of Bion's securities at the Conversion Price. The initial Conversion Price shall be $.50 per Unit (defined in Exhibit A hereto) ("Conversion Price"), at any time at election of Holder.
Appears in 3 contracts
Sources: Promissory Note (Bion Environmental Technologies Inc), Warrant Agreement (Bion Environmental Technologies Inc), Warrant Agreement (Bion Environmental Technologies Inc)