Common use of Conversion Privileges Clause in Contracts

Conversion Privileges. The conversion privileges set forth in Article II shall remain in full force and effect immediately from the date hereof and until the Note is paid in full regardless of the occurrence of an Event of Default. This Note shall be payable in full on the Maturity Date, unless previously converted into Common Stock in accordance with Article II hereof; provided, that if an Event of Default has occurred, the Holder may elect to extend the Maturity Date by the amount of days of the pendency of the Event of Default.

Appears in 53 contracts

Samples: Caro Holdings Inc., Caro Holdings Inc., Caro Holdings Inc.

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Conversion Privileges. The conversion privileges Conversion Privileges set forth in Article II shall remain in full force and effect immediately from the date hereof and until the Note is paid in full regardless of the occurrence of an Event of Default. This The Note shall be payable in full on the Maturity Date, unless previously converted into Common Stock in accordance with Article II hereof; provided, that if an Event of Default has occurredoccurred (whether or not such Event of Default is continuing), the Holder Borrower may elect to extend not pay this Note on or after the Maturity Date by Date, without the amount of days consent of the pendency of the Event of DefaultHolder.

Appears in 45 contracts

Samples: Kaire Holdings Inc, Kaire Holdings Inc, Kaire Holdings Inc

Conversion Privileges. The conversion privileges Conversion Privileges set forth in Article II shall remain in full force and effect immediately from the date hereof and until the Note is paid in full regardless of the occurrence of an Event of Default. This The Note shall be payable in full on the Maturity Date, unless previously converted into Common Stock in accordance with Article II hereof; provided, that if an Event of Default has occurred, the Holder Borrower may elect to extend not pay this Note, without the Maturity Date by the amount of days consent of the pendency Holder, until one year after the later of the date the Event of DefaultDefault has been cured or one year after the Maturity Date.

Appears in 38 contracts

Samples: Subscription Agreement (Attitude Drinks Inc.), Subscription Agreement (Attitude Drinks Inc.), Assignment and Escrow Agreement (Attitude Drinks Inc.)

Conversion Privileges. The conversion privileges Conversion Rights set forth in Article II shall remain in full force and effect immediately from the date hereof and until the Note is paid in full regardless of the occurrence of an Event of Default. This Note shall be payable in full on the Maturity Date, unless previously converted into Common Stock in accordance with Article II hereof; provided, that if an Event of Default has occurred, the Holder may elect to extend the Maturity Date by the amount of days of the pendency of the Event of Default.

Appears in 9 contracts

Samples: Subscription Agreement (ADVANCED MEDICAL ISOTOPE Corp), Security Agreement (ADVANCED MEDICAL ISOTOPE Corp), Subscription Agreement (Attitude Drinks Inc.)

Conversion Privileges. The conversion privileges Conversion Privileges set forth in Article II shall remain in full force and effect immediately from and after the date hereof occurrence of an Event of Default as described in Article III and the Subscription Agreement and until the Note is paid in full regardless of the occurrence of an Event of Defaultfull. This The Note and any outstanding sums due in connection herewith shall be payable in full on the Maturity Date, unless previously converted into Common Stock in accordance with Article II hereof; , provided, that if an Event of Default has occurred, the Holder may elect to extend the Maturity Date by for up to a time period equal to the amount of days of the pendency duration of the Event of Default.

Appears in 7 contracts

Samples: Dalrada Financial Corp, Dalrada Financial Corp, Dalrada Financial Corp

Conversion Privileges. The conversion privileges Conversion Privileges set forth in Article II shall remain in full force and effect immediately from the date hereof and until the Note is paid in full regardless of the occurrence of an Event of Default. This The Note shall be payable in full on the Maturity Date, unless previously converted into Common Stock in accordance with Article II hereof; provided, that if an Event of Default has occurred, the Holder may elect to extend the Maturity Date by the amount of days of the pendency of the Event of Default.

Appears in 5 contracts

Samples: Convertible Note (Alterrus Systems Inc.), Tasker Products Corp, Tasker Products Corp

Conversion Privileges. The conversion privileges set forth in Article II shall remain in full force and effect immediately from the date hereof and until the Note Debenture is paid in full regardless of the occurrence of an Event of Default. This Note Debenture shall be payable in full on the Maturity Date, unless previously converted into Common Stock in accordance with Article II hereof; provided, that if an Event of Default has occurred, the Holder may elect to extend the Maturity Date by the amount of days of the pendency of the Event of Default.

Appears in 4 contracts

Samples: Thinspace Technology, Inc., Thinspace Technology, Inc., Thinspace Technology, Inc.

Conversion Privileges. The conversion privileges Conversion Privileges set forth in Article II shall remain in full force and effect immediately from the date hereof and until the Note is paid in full regardless of the occurrence of an Event of Default. This The Note shall be payable in full on the Maturity Date, unless previously converted into Common Stock in accordance with Article II hereof; provided, that if an Event of Default has occurred, the Holder may elect to extend the Maturity Date by the amount of days of the pendency of the Event of Default.

Appears in 4 contracts

Samples: Comprehensive Healthcare Solutions Inc, Globetel Communications Corp, Globetel Communications Corp

Conversion Privileges. The conversion privileges Conversion Privileges set forth in Article II shall remain in full force and effect immediately from the date hereof and until the Note is paid in full full, regardless of the occurrence of an Event of Default. This The Note shall be payable in full on the Maturity Date, unless previously converted into Common Stock in accordance with Article II hereof; providedprovided that, that if an Event of Default has occurred, the Holder Borrower may elect to extend not pay this Note, without the Maturity Date by the amount of days consent of the pendency Holder, until up to one year after the later of the date the Event of DefaultDefault has been cured or one year after the Maturity Date.

Appears in 4 contracts

Samples: Savoy Resources Corp, Savoy Resources Corp, Savoy Resources Corp

Conversion Privileges. The conversion privileges Conversion Privileges set forth in Article II shall remain in full force and effect immediately from the date hereof and until the Note is paid in full regardless of the occurrence of an Event of Default. This The Note shall be payable in full on the Maturity Date, unless previously converted into Common Stock in accordance with Article II hereof; provided, that if an Event of Default has occurredoccurred that has not been timely cured, the Holder may elect to extend the Maturity Date by the an amount of days of time equal to the pendency duration of the Event of Default.

Appears in 3 contracts

Samples: Convertible Note (Omnimmune Holdings, Inc.), XTX Energy Inc, CepTor CORP

Conversion Privileges. The conversion privileges Conversion Privileges set forth in Article II shall remain in full force and effect immediately from the date occurrence of an Event of Default as defined in Article III hereof and until the Note is paid in full regardless of the occurrence subsequent cure of an the Event of Default. This The Note shall be payable in full on the Maturity Date, unless previously converted into Common Stock in accordance with Article II hereof; provided, that if an Event of Default has occurred, the Holder may elect to extend the Maturity Date by the amount of days of the pendency of the Event of Default.

Appears in 3 contracts

Samples: Convertible Note (Venta Global Inc), Convertible Note (Venta Global Inc), Convertible Note (Venta Global Inc)

Conversion Privileges. The conversion privileges Conversion Rights (as set forth in Article II II) shall remain in full force and effect immediately from the date hereof Issue Date and until the Note is paid in full regardless of the occurrence of an Event of Default. This Note shall be payable in full on the Maturity Date, unless previously converted into Common Stock in accordance with Article II hereof; provided, that if an Event of Default has occurred, the Holder may elect to extend the Maturity Date by the amount of days of the pendency of the Event of Default.

Appears in 2 contracts

Samples: Subscription Agreement (Wizard World, Inc.), Subscription Agreement (Wizard World, Inc.)

Conversion Privileges. The conversion privileges Conversion Privileges set forth in Article II shall remain in full force and effect immediately from the date hereof and until the Note is paid in full regardless of the occurrence of an Event of Default. This The Note shall be payable in full on the Maturity Date, unless previously converted into Common Stock in accordance with Article II hereof; , provided, that if an Event of Default has occurred, the Holder may elect to extend the Maturity Date by for up to a time period equal to the amount of days of the pendency duration of the Event of Default.

Appears in 2 contracts

Samples: Ceragenix Pharmaceuticals, Inc., SVC Financial Services Inc

Conversion Privileges. The conversion privileges rights set forth in Article II shall remain in full force and effect immediately from the date hereof and until the Note is paid in full regardless of the occurrence of an Event of Default. This The Note shall be payable in full on the Maturity Date, unless previously converted into Common Stock in accordance with Article II hereof; provided, that if an Event of Default has occurredoccurred that has not been timely cured, the Holder may elect to extend the Maturity Date by the an amount of days of time equal to the pendency duration of the Event of Default.

Appears in 2 contracts

Samples: Visual Management Systems Inc, Visual Management Systems Inc

Conversion Privileges. The conversion privileges Conversion Privileges set forth in Article II shall remain in full force and effect immediately from the date hereof and until the this Note is paid in full regardless of the occurrence of an Event of Default. This Note shall be payable in full on the Maturity Date, unless previously converted into Common Stock in accordance with Article II hereof; provided, that if an Event of Default has occurred, the Holder may elect to extend the Maturity Date by the amount of days of the pendency of the Event of Default.

Appears in 2 contracts

Samples: Advance Nanotech, Inc., Advance Nanotech, Inc.

Conversion Privileges. The conversion privileges set forth in Article II shall remain in full force and effect immediately from the date hereof and until the Note is paid in full regardless of the occurrence of an Event of Default. This The Note shall be payable in full on the Maturity Date, unless previously converted into Common Stock in accordance with Article II hereof; provided, that if an Event of Default has occurred, the Holder may elect to extend the Maturity Date by the amount of days of the pendency of the Event of Default.

Appears in 2 contracts

Samples: Sanswire Corp., Globetel Communications Corp

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Conversion Privileges. The conversion privileges Conversion Privileges set forth in Article II shall remain in full force and effect immediately from the date hereof and until the Note is paid in full regardless of the occurrence of an Event of Default. This The Note shall be payable in full on the Maturity Date, unless previously converted into Common Stock in accordance with Article II hereof; provided, that if an Event of Default has occurred, the Holder may elect to extend the Maturity Date by the up to an amount of days of time equal to the pendency of the Event of Default. Such extension must be on notice in writing.

Appears in 2 contracts

Samples: Voip Inc, Voip Inc

Conversion Privileges. The conversion privileges rights set forth in Article II shall remain in full force and effect immediately from the date hereof and until the Note is paid in full regardless of the occurrence of an Event of Default. This The Note shall be payable in full on the Maturity Date, unless previously converted into Common Stock in accordance with Article II hereof; provided, that if an Event of Default has occurred, the Holder may elect to extend the Maturity Date by the amount of days of the pendency of the Event of Default.

Appears in 2 contracts

Samples: Convertible Note (Hyperion Energy, Inc.), Convertible Note (Hyperion Energy, Inc.)

Conversion Privileges. The conversion privileges Conversion Privileges set forth in Article II shall remain in full force and effect immediately from the date hereof and until the Note is paid in full or otherwise satisfied regardless of the occurrence of an Event of Default. This The Note shall be payable in full on the Maturity Date, unless previously converted into Common Stock in accordance with Article II hereof; provided, that if an Event of Default has occurred, the Holder may elect to extend the Maturity Date by the up to an amount of days of time equal to the pendency of the Event of Default. Such extension must be on notice in writing.

Appears in 1 contract

Samples: Voip Inc

Conversion Privileges. The conversion privileges Subject to Section 2.1(d)(v) hereof, the Conversion Privileges set forth in Article II shall remain in full force and effect immediately from the date hereof and until the Note is paid in full regardless of the occurrence of an Event of Default. This The Note shall be payable in full on the Maturity Date, unless previously converted into Common Stock (as hereinafter defined) in accordance with Article II hereof; provided, that if an Event of Default has occurred, the Holder may elect to extend the Maturity Date by the amount of days of the pendency of the Event of Default.

Appears in 1 contract

Samples: Silvergraph International Inc

Conversion Privileges. The conversion privileges set forth in Article II shall remain in full force and effect immediately from the date hereof and until the Note is paid in full regardless of the occurrence of an Event of Default. This Note shall be payable in full on the Maturity Date, unless previously converted into Common Stock in accordance with Article II hereof; provided, that if an an. Event of Default has occurred, the Holder may elect to extend the Maturity Date by the amount of days of the pendency of the Event of Default.

Appears in 1 contract

Samples: Feel Golf Co Inc

Conversion Privileges. The conversion privileges set forth in Article II shall remain in full force and effect immediately from the date hereof and until the Note Debenture is paid in full regardless of the occurrence of an Event of Default. .This Note Debenture shall be payable in full on the Maturity Date, unless previously converted into Common Stock in accordance with Article II hereof; provided, that if an Event of Default has occurred, the Holder may elect to extend the Maturity Date by the amount of days of the pendency of the Event of Default.

Appears in 1 contract

Samples: Thinspace Technology, Inc.

Conversion Privileges. The conversion privileges Conversion Privileges set forth in Article II shall remain in full force and effect immediately from the date hereof and until the Note is paid in full regardless of the occurrence of an Event of Default. This The Note shall be payable in full on the Maturity Date, unless previously converted into Common Stock in accordance with Article II hereof; provided, provided that if an Event of Default has occurred, the Holder may elect to extend the Maturity Date by for a time period up to the amount of days duration of the pendency pendancy of the Event of Defaultdefault.

Appears in 1 contract

Samples: Coffee Pacifica Inc

Conversion Privileges. The conversion privileges Conversion Privileges set forth in Article II shall remain in full force and effect immediately from the date hereof and until the Note is paid in full regardless of the occurrence of an Event of Default. This The Note shall be payable in full on the Maturity Date, unless previously converted into Common Stock in accordance with Article II hereof; provided, that if an Event of Default has occurred, the Holder may elect to extend the Maturity Date by for a time period up to the amount of days duration of the pendency of the Event of Default.

Appears in 1 contract

Samples: Securac Corp

Conversion Privileges. The conversion privileges Conversion Privileges set forth in Article II shall remain in full force and effect immediately from the date hereof and until the Note is paid in full regardless of the occurrence of an Event of Default. This The Note shall be payable in full on the Maturity Date, unless previously converted into Common Stock in accordance with Article II hereof; provided, that if an Event of Default has occurred, the Holder may elect to extend the Maturity Date by the amount of days day for day of the pendency of the Event of Default.

Appears in 1 contract

Samples: Satellite Security Corp

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