Common use of Manner of Exercise of Conversion Privilege Clause in Contracts

Manner of Exercise of Conversion Privilege. In order to exercise the conversion privilege, the Purchaser shall surrender such Debenture to the Company, accompanied by written notice (the "CONVERSION NOTICE") to the Company that the Purchaser elects to convert such Debenture or the portion thereof specified in said notice. The Conversion Notice shall also state the name or names, together with address or addresses, in which the certificate or certificates for shares of Common Stock which shall be issuable on such conversion shall be issued, as well as the information required under Section 8.2

Appears in 1 contract

Sources: Debenture Purchase Agreement (Teltronics Inc)

Manner of Exercise of Conversion Privilege. In order to exercise the conversion privilege, the Purchaser shall surrender such Debenture to the Company, accompanied by written notice (the "CONVERSION NOTICEConversion Notice") to the Company that the Purchaser elects to convert such Debenture or the portion thereof specified in said notice. The Conversion Notice shall also state the name or names, together with address or addresses, in which the certificate or certificates for shares of Common Stock which shall be issuable on such conversion shall be issued, as well as the information required under Section 8.27.2

Appears in 1 contract

Sources: Debenture Purchase Agreement (Cover All Technologies Inc)