Common use of Delivery of Common Stock Upon Conversion Clause in Contracts

Delivery of Common Stock Upon Conversion. Upon receipt by the Borrower from the Holder of a facsimile transmission (or other reasonable means of communication) of a Notice of Conversion meeting the requirements for conversion as provided in this Section 1.4, the Borrower shall issue and deliver or cause to be issued and delivered to or upon the order of the Holder certificates for the Common Stock issuable upon such conversion within three (3) business days after such receipt (and, solely in the case of conversion of the entire unpaid principal amount hereof, surrender of this Note) (such third business day being hereinafter referred to as the “Deadline”) in accordance with the terms hereof.

Appears in 3 contracts

Samples: Sentinel Emergency Response Technology, Inc., Sentinel Emergency Response Technology, Inc., Sentinel Emergency Response Technology, Inc.

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Delivery of Common Stock Upon Conversion. Upon receipt by the Borrower Company from the Holder of a facsimile transmission (or other reasonable means of communication) of a Notice of Conversion meeting the requirements for conversion as provided in this Section 1.4, the Borrower Company shall issue and deliver or cause to be issued and delivered to or upon the order of the Holder certificates for the Common Stock issuable upon such conversion within three two (32) business days after such receipt (and, solely in the case of conversion of the entire unpaid principal amount hereof, surrender of this NoteDebenture) (such third business day being hereinafter referred to as the "Deadline") in accordance with the terms hereofhereof and the Purchase Agreement.

Appears in 1 contract

Samples: Provectus Pharmaceuticals Inc

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Delivery of Common Stock Upon Conversion. Upon receipt by the Borrower from the Holder of a facsimile transmission (or other reasonable means of communication) of a Notice of Conversion meeting the requirements for conversion as provided in this Section 1.4Section, the Borrower shall issue and deliver or cause to be issued and delivered to or upon the order of the Holder certificates for the Common Stock issuable upon such conversion within three two (32) business days after such receipt (and, solely in the case of conversion of the entire unpaid principal amount hereof, surrender of this NoteDebenture) (such third second business day being hereinafter referred to as the “Deadline”) in accordance with the terms hereofhereof and the Purchase Agreement.

Appears in 1 contract

Samples: Securities Purchase Agreement (Skybridge Wireless Inc)

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