Common use of Conversion at Maturity Clause in Contracts

Conversion at Maturity. On the Dividend Maturity Date, all remaining outstanding Series C Preferred Stock will automatically be converted into shares of Common Stock.

Appears in 2 contracts

Sources: Stock Purchase Agreement (Lucas Energy, Inc.), Stock Purchase Agreement (Lucas Energy, Inc.)

Conversion at Maturity. On the Dividend Maturity Date, all remaining outstanding Series C A Preferred Stock will automatically be converted into shares of Common Stock.

Appears in 2 contracts

Sources: Stock Purchase Agreement (Unilife Corp), Stock Purchase Agreement (6D Global Technologies, Inc)

Conversion at Maturity. On the Dividend Maturity Date, all remaining outstanding Series C G Preferred Stock will automatically be converted into shares of Common Stock.

Appears in 1 contract

Sources: Stock Purchase Agreement (Amarantus Bioscience Holdings, Inc.)

Conversion at Maturity. On the Dividend Maturity Date, all remaining outstanding Series C D Preferred Stock will automatically be converted into shares of Common Stock.

Appears in 1 contract

Sources: Stock Purchase Agreement (Staffing 360 Solutions, Inc.)

Conversion at Maturity. On the Dividend Maturity Date, all remaining outstanding Series C B Preferred Stock will automatically be converted into shares of Common Stock.

Appears in 1 contract

Sources: Stock Purchase Agreement (Visualant Inc)