Common use of Partial Conversion Clause in Contracts

Partial Conversion. The Conversion Rights represented by the Convertible Senior Note shall be exercisable, at the election of the registered holder hereof, either as an entirety, or from time to time for any part of the outstanding principal amount of this Convertible Senior Note, and in the event that the Conversion Rights are exercised with respect to less than the entire then outstanding principal amount of this Convertible Senior Note, at any time prior to the Maturity Date, a new certificate will be issued to such registered holder in the remaining principal amount of this Convertible Senior Note.

Appears in 4 contracts

Sources: Convertible Senior Note (Usa Technologies Inc), Convertible Senior Note (Usa Technologies Inc), Convertible Senior Note (Usa Technologies Inc)

Partial Conversion. The Conversion Rights represented by the under this Convertible Senior Note shall be exercisable, at the election of the registered holder hereof, either as an in their entirety, or or, from time to time time, for any part of the outstanding principal amount of this Convertible Senior Note, and in . In the event that the Conversion Rights are exercised prior to the Maturity Date, and with respect to less than the entire amount of the then outstanding principal amount of this Convertible Senior Note, at any time prior to the Maturity Date, a new certificate will be issued to such registered holder in the amount of the remaining principal amount of this Convertible Senior Note.

Appears in 1 contract

Sources: Convertible Senior Note (Usa Technologies Inc)