Common use of Method of Conversion Share Delivery Clause in Contracts

Method of Conversion Share Delivery. On or before the close of business on the fifth (5th) Trading Day following each Redemption Date or the fifth (5th) Trading Day following the date of delivery of a Lender Conversion Notice, as applicable (the “Delivery Date”), Borrower shall, provided it is DWAC Eligible at such time, deliver or cause its transfer agent to deliver the applicable Conversion Shares electronically via DWAC to the account designated by Lender in the applicable Lender Conversion Notice or

Appears in 4 contracts

Samples: Securities Purchase Agreement (China Recycling Energy Corp), Securities Purchase Agreement (Sharing Economy International Inc.), Subordination Agreement (Netlist Inc)

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