Common use of Conversion to Equity Clause in Contracts

Conversion to Equity. Notwithstanding anything to the contrary in this Agreement, Creditors may at any time convert the Creditor Indebtedness and any interest thereon into equity of BDI.

Conversion to Equity. Notwithstanding anything to the contrary in this Agreement, Creditors Creditor may at any time convert the Creditor Indebtedness and any interest thereon into equity of BDI.