Common use of Maturity Conversion Clause in Contracts

Maturity Conversion. At any time on or after the Maturity Date, at the election of the Requisite Noteholders, this Note will convert into that number of Conversion Shares equal to the quotient (rounded down to the nearest whole share) obtained by dividing (x) the outstanding principal balance and unpaid accrued interest of this Note on the date of such conversion by (y) the applicable Conversion Price.

Maturity Conversion. At any time on or after the Maturity Date, at the election of the Requisite Noteholdersholder, this each Note will convert into that number of Conversion Shares equal to the quotient (rounded down to the nearest whole share) obtained by dividing (x) the outstanding principal balance and unpaid accrued interest of this such Note on the date of such conversion by (y) the applicable Conversion Price.

Maturity Conversion. At any time on or after On the Maturity Date, at the election of the Requisite Noteholders, this each Note will convert into that number of Conversion Shares equal to the quotient (rounded down to the nearest whole share) obtained by dividing (x) the outstanding principal balance and unpaid accrued interest of this such Note on the date of such conversion by (y) the applicable Conversion Price.

Maturity Conversion. At any time on or after the Maturity Date, at the election of the Requisite Noteholders, this Note will convert into that number of Conversion Shares equal to the quotient (rounded down to the nearest whole share) obtained by dividing (x) the outstanding principal balance and unpaid accrued interest of this Note on the date of such conversion by (y) the applicable Conversion Price.Price.‌

Maturity Conversion. At any time on or after the Maturity Date, at the election of the Requisite Noteholders, this each Note will convert into that number of Conversion Shares Securities equal to the quotient (rounded down up to the nearest whole share) obtained by dividing (x) the outstanding principal balance and unpaid accrued interest of this such Note on the date of such conversion by (y) the applicable Conversion Price.

Maturity Conversion. At any time on or after the Maturity Date, at the election of the Requisite Noteholders, this each Note will convert into that number of Conversion Shares Units equal to the quotient (rounded down to the nearest whole shareunit) obtained by dividing (xa) the outstanding principal balance and unpaid accrued interest of this such Note on the date of such conversion by (yb) the applicable Conversion Price.