Conversion Rights Subject to Stockholder Vote Sample Clauses
Conversion Rights Subject to Stockholder Vote. If, pursuant to any Requirement of Law or rule or regulation of any securities exchange or national securities quotation service, the stockholders of the Parent are required to approve the issuance of shares of Common Stock issuable upon conversion of the Notes under this Agreement, no Note may be converted until such issuance upon conversion has been so approved at the next annual meeting of the Parent's stockholders following the Closing Date or otherwise. At any time prior to such approval, upon the written request of Holders of Notes holding, at any time, eighty percent (80%) of the aggregate Principal Amount of the Notes outstanding at such time, the Parent, at its own expense and as soon as practicable following such request, shall obtain the written consent of its stockholders to such issuance upon conversion of the Notes, prepare and file with the SEC an information statement relating to such stockholder approval and take all other actions as are necessary or advisable under any Requirement of Law or otherwise in respect of the issuance of Common Stock upon conversion of the Notes.
