Common use of Note Conversion Clause in Contracts

Note Conversion. All principal and accrued but unpaid interest on the Purchaser's 7% Convertible Subordinated Notes due 2005 (the "Notes") shall have converted into Shares of Common Stock of the Purchaser at a conversion price of at least $.20 per share of Common Stock ("Note Conversion Price").

Appears in 3 contracts

Sources: Asset Purchase Agreement (Speedcom Wireless Corp), Asset Purchase Agreement (Speedcom Wireless Corp), Asset Purchase Agreement (P Com Inc)