Common use of Conversion of Note Clause in Contracts

Conversion of Note. At any time and from time to time while this Note is outstanding, but only upon the occurrence of an Event of Default under the Credit Agreement or any other Loan Documents, this Note may be, at the sole option of the Lender, convertible into shares of the common stock, par value $0.001 per share (the "Common Stock") of Borrower, in accordance with the terms and conditions set forth below.

Appears in 6 contracts

Samples: Pulse Network, Inc., Pulse Network, Inc., Pulse Network, Inc.

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Conversion of Note. At any time and from time to time while this Note is outstanding, but only upon the occurrence of an Event of Default under the Credit Agreement SPA or any other Loan Transaction Documents, this Note may be, at the sole option of the LenderHolder, convertible into shares of the common stock, par value $0.001 per share (the "Common Stock") of Borrowerthe Company, in accordance with the terms and conditions set forth below.

Appears in 1 contract

Samples: Progressive Care Inc.

Conversion of Note. At any time and from time to time while this Note is outstanding, but only upon the occurrence of an Event of Default under the Credit Agreement or any other Loan Documents, this Note may be, at the sole option of the Lender, convertible into shares of the common stock, par value $0.001 per share (the "Common Stock") of Borrower, in accordance with the terms and conditions set forth below.

Appears in 1 contract

Samples: Security Agreement (THEDIRECTORY.COM, Inc.)

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Conversion of Note. At any time and from time to time while this Note is outstanding, but only upon the occurrence of an Event of Default under any of the Credit Agreement or any other Loan Transaction Documents, this Note may be, at the sole option of the LenderHolder, convertible into shares of the common stock, par value $0.001 per share (the "Common Stock") of Borrowerthe Company, in accordance with the terms and conditions set forth below.

Appears in 1 contract

Samples: Puramed Bioscience Inc.

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