Upon an Optional. Conversion Election (as defined in the Note), the Company shall use its best efforts to ensure that the Certificate of Incorporation is amended promptly to authorize the Optional Conversion Preferred Stock (as defined in the Note) issuable upon conversion of the Convertible Notes and exercise of the Warrants and the Common Stock issuable upon conversion of such shares of Optional Conversion Preferred Stock, and upon the conversion of the Note into Optional Conversion Preferred Stock, the term "Warrant Stock" shall mean shares of the Optional Conversion Preferred Stock.
Appears in 2 contracts
Sources: Preferred Stock Purchase Warrant (Epicept Corp), Preferred Stock Purchase Warrant (Epicept Corp)