Conversion at Maturity Date. (i) To the extent that any Advances are not earlier repaid in cash or converted pursuant to the provisions of this Section 2, on the Advance Maturity Date, the amount of the Advances not previously converted into Securities under this Agreement, or any portion thereof, owed to the Lender may be converted by the Lender into shares of Common Stock at the Conversion Price.
Appears in 2 contracts
Samples: Convertible Credit Agreement (Hapi Metaverse Inc.), Convertible Credit Agreement (Value Exchange International, Inc.)
Conversion at Maturity Date. (i) To the extent that any Advances are not earlier repaid in cash or converted pursuant to the provisions of this Section 2, on the Advance Maturity Date, the amount of the Advances not previously converted into Securities under this Agreement, or any portion thereof, owed to the a Lender may be converted by the that Lender into shares of Common Stock at the Conversion Price.
Appears in 2 contracts
Samples: Convertible Credit Agreement (GigWorld Inc.), Convertible Credit Agreement (Value Exchange International, Inc.)
