Common use of Termination of Conversion Rights Clause in Contracts

Termination of Conversion Rights. Subject to Section 4.3.1 in the case of a Contingency Event herein, in the event of a liquidation, dissolution, or winding up of the Corporation or a Deemed Liquidation Event, the Conversion Rights will terminate at the close of business on the last full day preceding the date fixed for the first payment of any 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. Subject to Section 4.3.1 in the case of a Contingency Event herein(as defined therein), in the event of a liquidationreorganization, reclassification, consolidation, merger, transfer, dissolution, liquidation or winding winding-up of the Corporation or a Deemed Liquidation EventCorporation, the Conversion Rights will shall terminate at the close of business on the last full day preceding the date fixed for the first payment of any funds and assets distributable on such event to the holders of Preferred Stock.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Freeze Tag, Inc.)

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

Appears in 1 contract

Samples: Convertible Note Agreement

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Termination of Conversion Rights. Subject to Section 4.3.1 3.3.1 in the case of a Contingency Event herein, in the event of a liquidation, dissolution, or winding up of the Corporation or a Deemed Liquidation Event, the Conversion Rights will terminate at the close of business on the last full day preceding the date fixed for the first payment of any funds and assets distributable on such event to the holders of Preferred Stock.. 3.2

Appears in 1 contract

Samples: Series D Preferred Stock Purchase Agreement (Caladrius Biosciences, Inc.)

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