Common use of Conversion Privileges Clause in Contracts

Conversion Privileges. The conversion rights of the Holder as set forth in Article II of this Note shall remain in full force and effect immediately from the date hereof and until the Note is paid in full regardless of the occurrence of an Event of Default. The principal amount of the Note and the remaining accrued but unpaid interest shall be payable in full on the Maturity Date, unless previously paid or converted into Common Stock in accordance with Article II hereof.

Appears in 4 contracts

Samples: Convertible Note (BigString CORP), Family Room Entertainment Corp, Ever-Glory International Group, Inc.

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Conversion Privileges. The conversion rights of the Holder as set --------------------- forth in Article II of this Note shall remain in full force and effect immediately from the date hereof and until the Note is paid in full regardless of the occurrence of an Event of Default. The principal amount of the Note and the remaining accrued but unpaid interest shall be payable in full on the Maturity Date, unless previously paid or converted into Common Stock in accordance with Article II hereof.

Appears in 1 contract

Samples: BigString CORP

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