Common use of Termination of Conversion Rights Clause in Contracts

Termination of Conversion Rights. In the event of a liquidation, dissolution or winding up of the Corporation or a Deemed Liquidation Event, the Conversion Rights shall terminate at the close of business on the last full day preceding the date fixed for the payment of any such amounts distributable on such event to the holders of Preferred Stock.

Appears in 16 contracts

Samples: Adoption Agreement (Arrowhead Research Corp), Form of Series Z Subscription Agreement (Starry Holdings, Inc.), Agreement and Plan of Merger (Zynerba Pharmeceuticals, Inc.)

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Termination of Conversion Rights. In the event of a liquidation, dissolution or winding up of the Corporation or a Deemed Liquidation Event, the Conversion Rights shall terminate at the close of business on the last full day preceding the date fixed for the payment of any such amounts distributable on such event to the holders of Series A Preferred Stock.

Appears in 8 contracts

Samples: Adoption Agreement (Gi Dynamics, Inc.), Securities Purchase Agreement (CannLabs, Inc.), Agreement and Plan of Merger and Reorganization (iHookup Social, Inc.)

Termination of Conversion Rights. In the event of a liquidation, dissolution or winding up of the Corporation or a Deemed Liquidation Event, the Conversion Rights shall terminate at the close of business on the last full day preceding the date fixed for the payment of any such amounts distributable on such event to the holders of the applicable series of Convertible Preferred Stock.

Appears in 2 contracts

Samples: Investors Agreement (Sunnova Energy International Inc.), Investors Agreement (Sunnova Energy International Inc.)

Termination of Conversion Rights. In the event of a liquidation, dissolution or winding up of the Corporation or a Deemed Liquidation Event, following the allocation and payment of the consideration payable to the stockholders of the Corporation in accordance with Sections 2.1 and 2.2 of this Statement of Designations, the Conversion Rights shall terminate at the close of business on the last full day preceding the date fixed for the payment of any such amounts distributable on such event to the holders of Preferred Class A Stock.

Appears in 2 contracts

Samples: Registration Rights Agreement (Camden Learning CORP), Agreement and Plan of Reorganization (Camden Learning CORP)

Termination of Conversion Rights. In the event of a liquidation, dissolution or winding up of the Corporation or a Deemed Liquidation Event, the Conversion Rights shall terminate at the close of business on the last full day preceding the date fixed for the payment of any such amounts distributable on such event to the holders of Preferred Stock. [*] = Certain confidential information contained in this document, marked by brackets, has been omitted and filed separately with the Securities and Exchange Commission pursuant to Rule 406 of the Securities Act of 1933, as amended.

Appears in 2 contracts

Samples: Voting Agreement (Ovid Therapeutics Inc.), Voting Agreement (Ovid Therapeutics Inc.)

Termination of Conversion Rights. In the event of a liquidation, dissolution or winding up of the Corporation or a Deemed Liquidation Event, the Conversion Rights shall terminate at the close of business on the last full business day preceding the date fixed for the payment of any such amounts distributable on such event the Liquidation to the holders of Series A Preferred Stock.

Appears in 1 contract

Samples: Convertible Preferred Stock Purchase Agreement (Xyvision Inc)

Termination of Conversion Rights. In the event of a liquidation, dissolution or winding up of the Corporation or a Deemed Liquidation Event, the Conversion Rights shall will terminate at the close of business on the last full day preceding the date fixed for the payment of any such amounts distributable on such event to the holders of Series I Preferred Stock.

Appears in 1 contract

Samples: Investment Agreement (Las Vegas Gaming Inc)

Termination of Conversion Rights. In the event of a liquidation, dissolution or winding up of the Corporation or a Deemed Liquidation Event, the Conversion Rights shall terminate at the close of business on the last full day preceding the date fixed for the payment of any such amounts distributable on such event to the holders of Preferred Stock; provided, however, that the foregoing termination of Conversion Rights shall not affect the amount(s) otherwise paid or payable in accordance with Section 2.1 to holders of Preferred Stock pursuant to such liquidation, dissolution or winding up of the Corporation or a Deemed Liquidation Event.

Appears in 1 contract

Samples: Stock Purchase Agreement (Energy Exploration Technologies, Inc.)

Termination of Conversion Rights. In the event of a liquidation, dissolution dissolution, or winding up of the Corporation or a Deemed Liquidation Event, the Conversion Rights shall terminate at the close of business on the last full day preceding the date fixed for the payment of any such amounts distributable on such event to the holders Holders of Series C Preferred StockStock by reason of such event.

Appears in 1 contract

Samples: Registration Rights Agreement (Eastside Distilling, Inc.)

Termination of Conversion Rights. In Subject to Section 4.3.1 in the case of a Contingency Event herein, in the event of a liquidation, dissolution dissolution, or winding up of the Corporation or a Deemed Liquidation Event, the Conversion Rights shall will terminate at the close of business on the last full day preceding the date fixed for the first payment of any such amounts funds and assets distributable on such event to the holders of Preferred Stock.

Appears in 1 contract

Samples: Stock Purchase Agreement

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Termination of Conversion Rights. In the event of a liquidation, dissolution Liquidation Event or winding up Change of the Corporation or a Deemed Liquidation EventControl, the Conversion Rights shall terminate at the close of business on the last full day preceding the date fixed for the payment of any such amounts distributable on such event Liquidation Event or in connection with such Change of Control, as applicable, to the holders of Series A Preferred StockShares.

Appears in 1 contract

Samples: Operating Agreement (Zoom Technologies Inc)

Termination of Conversion Rights. In the event of a liquidation, dissolution or winding up of the Corporation or a Deemed Liquidation Event, the Conversion Rights shall terminate at the close of business on the last full day preceding the date fixed for the payment of any such amounts distributable on such event to the holders of Series E Preferred Stock, Series D Preferred Stock, Series C Preferred Stock, Series B Preferred Stock, Series A-1 Preferred Stock and Series A Preferred Stock, as the case may be.

Appears in 1 contract

Samples: Series E Preferred Stock Purchase Agreement (Aduro Biotech, Inc.)

Termination of Conversion Rights. In the event of a liquidation, dissolution or winding up of the Corporation or a Deemed Liquidation Event, the Conversion Rights shall terminate at the close of business on the last full day preceding the date fixed for the payment of any such amounts distributable on such event to the holders of Series B Preferred Stock.

Appears in 1 contract

Samples: Capstone Therapeutics Corp.

Termination of Conversion Rights. In the event of a liquidation, dissolution or winding up of the Corporation Company or a Deemed Liquidation Event, the Conversion Rights shall terminate at the close of business on the last full day preceding the date fixed for the payment of any such amounts distributable on such event to the holders of Preferred StockBonds.

Appears in 1 contract

Samples: Investment Agreement (Lombard Medical, Inc.)

Termination of Conversion Rights. In the event of a liquidation, dissolution or winding up of the Corporation or a Deemed Liquidation Event, the Conversion Rights shall terminate at the close of business on the last full day preceding the date fixed for the payment of any such amounts distributable on such event to the holders of Series A Non-Voting Preferred Stock.

Appears in 1 contract

Samples: Membership Interest Purchase Agreement (American Public Education Inc)

Termination of Conversion Rights. In the event of a liquidation, dissolution or winding up of the Corporation or a Deemed Liquidation EventCompany, the Conversion Rights shall terminate at the close of business on the last full day preceding the date fixed for the payment of any such amounts distributable on such event to the holders of Preferred StockUnits.

Appears in 1 contract

Samples: Limited Liability Company Agreement (L Brands Service Company, LLC)

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