Common use of MINIMUM BORROWING NOTE Clause in Contracts

MINIMUM BORROWING NOTE. After a registration statement registering the resale of the Registrable Securities (as defined in the Registration Rights Agreement) has been declared effective by the SEC, conversions of the Minimum Borrowing Note into the Common Stock may be initiated as set forth in the Minimum Borrowing Note.

Appears in 2 contracts

Sources: Security Agreement (Accentia Biopharmaceuticals Inc), Security Agreement (American Technologies Group Inc)