Common use of Conversion Privileges Clause in Contracts

Conversion Privileges. The Conversion Privileges set forth in Article II 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 Note shall be payable in full on the Maturity Date, unless previously converted into Common Stock in accordance with Article II hereof; provided, that if the Borrower violates or breaches in any material respect any of its covenants or agreements to register the Registrable Securities pursuant to Section 10 of the Subscription Agreement, the Borrower may not pay this Note after the Maturity Date, without the consent of the Holder.

Appears in 6 contracts

Samples: One Voice Technologies Inc, One Voice Technologies Inc, One Voice Technologies Inc

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Conversion Privileges. The Conversion Privileges set forth in --------------------- Article II 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 Defaultfull. The Note shall be payable in full on the Maturity Date, unless previously converted into Common Stock in accordance with Article II hereof; provided, that if the Borrower violates or breaches in any material respect any of its covenants or agreements to register the Registrable Securities pursuant to Section 10 of the Subscription Agreement, the Borrower may not pay this Note after the Maturity Date, without the consent of the Holder.

Appears in 1 contract

Samples: Amnis Systems Inc

Conversion Privileges. The Conversion Privileges set forth in Article II 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 Defaultfull. The Note shall be payable in full on the Maturity Date, unless previously converted into Common Stock in accordance with Article II hereof; provided, that if the Borrower violates or breaches in any material respect any of its covenants or agreements to register the Registrable Securities pursuant to Section 10 of the Subscription Agreement, the Borrower may not pay this Note after the Maturity Date, without the consent of the Holder.

Appears in 1 contract

Samples: Xechem International Inc

Conversion Privileges. The Conversion Privileges set forth in Article II shall remain in full force and effect immediately from the date hereof and until the Note is paid in full regardless full. The Borrower may not prepay the Note at any time without the consent of the occurrence of an Event of DefaultHolder. The Note shall be payable in full on the Maturity Date, unless previously converted into Common Stock in accordance with Article II hereof; provided, that if the Borrower violates or breaches in any material respect any of its covenants or agreements to register the Registrable Securities pursuant to Section 10 of the Subscription Agreement, the Borrower may not pay this Note after the Maturity Date, without the consent of the Holder.

Appears in 1 contract

Samples: Security Agreement (Vizario Inc)

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Conversion Privileges. The Conversion Privileges set forth ---------------------- in Article II 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 Note shall be payable in full on the Maturity Date, unless previously converted into Common Stock in accordance with Article II hereof; provided, that if the Borrower violates or breaches in any material respect any of its covenants or agreements to register the Registrable Securities pursuant to Section 10 8 of the Subscription Agreement, the Borrower may not pay this Note after the Maturity Date, without the consent of the Holder.

Appears in 1 contract

Samples: Family Room Entertainment Corp

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