Common use of Delivery of Certificate Upon Conversion Clause in Contracts

Delivery of Certificate Upon Conversion. Not later than three (3) Trading Days after each Conversion Date (the “Share Delivery Date”), the Company shall deliver, or cause to be delivered, to the Holder a certificate or certificates representing Conversion Shares which, on or after the Effective Date, shall be free of restrictive legends and trading restrictions (other than those which may then be required by the Purchase Agreement) representing the number of Conversion Shares being acquired upon the conversion of this Debenture. On or after the Effective Date, the Company shall deliver any certificate or certificates required to be delivered by the Company under this Section 4(c) electronically through the Depository Trust Company or another established clearing corporation performing similar functions.

Appears in 8 contracts

Samples: World Moto, Inc., World Moto, Inc., World Moto, Inc.

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Delivery of Certificate Upon Conversion. Not later than three (3) Trading Days after each any Conversion Date (the “Share Delivery Date”), the Company shall deliver, will deliver or cause to be delivered, delivered to the Holder a certificate or certificates representing the Conversion Shares which, on or after the Effective Date, which shall be free of restrictive legends and trading restrictions (other than those which may then be required by the Purchase Agreement) representing the number of Conversion Shares shares of Common Stock being acquired upon the conversion of this Debenture. On or after the Effective DateThe Company shall, the Company shall if available and if allowed under applicable securities laws, use its best efforts to deliver any certificate or certificates required to be delivered by the Company under this Section 4(c) electronically through the Depository Trust Company Corporation or another established clearing corporation performing similar functions.

Appears in 6 contracts

Samples: Escrow Agreement (Synthetic Blood International Inc), Fellows Energy LTD, Fellows Energy LTD

Delivery of Certificate Upon Conversion. Not later than three five (35) Trading Days after each Conversion Date (the “Share Delivery Date”), the Company Borrower shall deliver, or cause to be delivered, to the Holder a certificate or certificates representing the Conversion Shares which, on or after the Effective Date, shall be free of restrictive legends and trading restrictions (other than those which may then be required by the Purchase Agreement) representing the number of Conversion Shares being acquired upon the conversion of this DebentureNote. On or after the Effective Date, the Company Borrower shall use its best efforts to deliver any certificate or certificates required to be delivered by the Company Borrower under this Section 4(c) electronically through the Depository Trust Company or another established clearing corporation performing similar functions.

Appears in 6 contracts

Samples: Security Agreement (Accelerated Pharma, Inc.), Exclusive License Agreement (Accelerated Pharma, Inc.), Security Agreement (Accelerated Pharma, Inc.)

Delivery of Certificate Upon Conversion. Not later than three (3) Trading Days after each Conversion Date (the “Share Delivery Date”), the Company shall deliver, or cause to be delivered, to the Holder a certificate or certificates representing the Conversion Shares which, on or after the Effective Date, shall be free of restrictive legends and trading restrictions (other than those which may then be required by the Purchase Agreement) representing the number of Conversion Shares shares of Common Stock being acquired upon the conversion of this Debenture. On or after the Effective Date, the Company shall use its best efforts to deliver any certificate or certificates required to be delivered by the Company under this Section 4(c) 4 electronically through the Depository Trust Company or another established clearing corporation performing similar functions.

Appears in 4 contracts

Samples: Hartville Group Inc, Hartville Group Inc, Hartville Group Inc

Delivery of Certificate Upon Conversion. Not later than three (3) Trading Days after each Conversion Date (the “Share Delivery Date”), the Company shall deliver, or cause to be delivered, to the Holder a certificate or certificates representing Conversion Shares which, on or after the Effective Date, shall be free of restrictive legends and trading restrictions (other than those which may then be required by the Purchase Agreement) representing the number of Conversion Shares being acquired upon the conversion of this Debenture. On or after the Effective Date, the Company shall use its best efforts to deliver any certificate or certificates required to be delivered by the Company under this Section 4(c) electronically through the Depository Trust Company or another established clearing corporation performing similar functions.

Appears in 2 contracts

Samples: DraftDay Fantasy Sports, Inc., Intercloud Systems, Inc.

Delivery of Certificate Upon Conversion. Not later than three (3) Trading Days after each Conversion Date (the “Share Delivery Date”), the Company shall deliver, or cause to be delivered, to the Holder (A) a certificate or certificates representing Conversion Shares which, on or after the Effective Date, shall be free of restrictive legends and trading restrictions (other than those which may then be required by the Purchase Agreement) representing the number of Conversion Shares being acquired upon the conversion of this DebentureNote and (B) a bank check in the amount of accrued and unpaid interest. On or after the Effective six-month anniversary of the Original Issue Date, the Company shall use its reasonable best efforts to deliver any certificate or certificates required to be delivered by the Company under this Section 4(c) electronically through the The Depository Trust Company or another established clearing corporation performing similar functions, unless the Company determines, in the exercise of its reasonable discretion, that it is appropriate to deliver physical certificates representing the Conversion Shares.

Appears in 2 contracts

Samples: Aeon Global Health Corp., Authentidate Holding Corp

Delivery of Certificate Upon Conversion. Not later than three (3) Trading Days after each Conversion Date (the "Share Delivery Date"), the Company shall deliver, or cause to be delivered, to the Holder a certificate or certificates representing the Conversion Shares which, on or after the Effective Date, shall be free of restrictive legends and trading restrictions (other than those which may then be required by the Purchase Agreement) representing the number of Conversion Shares shares of Common Stock being acquired upon the conversion of this Debenture. On or after the Effective Date, the Company shall use its best efforts to deliver any certificate or certificates required to be delivered by the Company under this Section 4(c) 4 electronically through the Depository Trust Company or another established clearing corporation performing similar functions.

Appears in 2 contracts

Samples: Towerstream Corp, Xechem International Inc

Delivery of Certificate Upon Conversion. Not later than three (3) Trading Days after each Conversion Date (the “Share Delivery Date”), the Company shall deliver, or cause to be delivered, to the Holder a certificate or certificates representing Conversion Shares which, on or after the Effective Date, shall be free of restrictive legends and trading restrictions (other than those which may then be required by the Purchase Agreement) representing the number of Conversion Shares being acquired upon the conversion of this DebentureNote. On or after the Effective Date, the Company shall use its best efforts to deliver any certificate or certificates required to be delivered by the Company under this Section 4(c) electronically through the Depository Trust Company or another established clearing corporation performing similar functions.

Appears in 2 contracts

Samples: Intercloud Systems, Inc., Intercloud Systems, Inc.

Delivery of Certificate Upon Conversion. Not later than three (3) Trading Days after each Conversion Date (the “Share Delivery Date”), the Company shall deliver, or cause to be delivered, to the Holder (A) a certificate or certificates representing the Conversion Shares which, on or after the Effective Date, which shall be free of restrictive legends and trading restrictions (other than those which may then be required by the Purchase Agreement) representing the number of Conversion Shares being acquired upon the conversion of this DebentureNote. On or after the Effective Date, the The Company shall use its best efforts to deliver any certificate or certificates required to be delivered by the Company under this Section 4(c) electronically through the Depository Trust Company or another established clearing corporation performing similar functions.

Appears in 1 contract

Samples: ZBB Energy Corp

Delivery of Certificate Upon Conversion. Not later than three (3) two Trading Days after each Conversion Date (the “Share Delivery Date”), the Company shall deliver, or cause to be delivered, to the Holder a any certificate or certificates representing Conversion Shares required to be delivered by the Company under this Section 4(c) which, on or after the Effective six month anniversary of the Original Issue Date, shall be free of restrictive legends and trading restrictions (other than those which may then be required by the Purchase AgreementAgreement and subject to the Holder complying with Rule 144 promulgated under the Securities Act) representing the number of Conversion Shares being acquired upon the conversion of this Debenture. On or after the Effective Date, the Company and such shares shall deliver any certificate or certificates required to be delivered by the Company under this Section 4(c) electronically through the Depository Trust Company or another established clearing corporation performing similar functions.

Appears in 1 contract

Samples: Inuvo, Inc.

Delivery of Certificate Upon Conversion. Not later than three (3) Trading Days after each Conversion Date (the “Share Delivery Date”), the Company shall deliver, or cause to be delivered, to the Holder a certificate or certificates representing the Conversion Shares which, on or after the Effective Date, which shall be free of restrictive legends and trading restrictions (other than those which may then be required by the Purchase Agreement) representing the number of Conversion Shares being acquired upon the conversion of this Debenture. On or after the Effective DateThe Company shall, the Company shall if available and if allowed under applicable securities laws, use its best efforts to deliver any certificate or certificates required to be delivered by the Company under this Section 4(c) 4 electronically through the Depository Trust Company or another established clearing corporation performing similar functions.

Appears in 1 contract

Samples: Statmon Technologies Corp

Delivery of Certificate Upon Conversion. Not later than three (3) five Trading Days after each any Conversion Date (the “Share Delivery Date”), the Company shall deliver, or cause to be delivered, will deliver to the Holder a certificate or certificates representing Conversion the Underlying Shares which, on or after the Effective Date, which shall be free of restrictive legends and trading restrictions (other than those which may then be required by the Purchase Agreementa standard 1933 Act legend) representing the number of Conversion Shares shares of Common Stock being acquired upon the conversion of this DebentureDebentures and (B) a bank check in the amount of accrued and unpaid interest. On or after the Effective DateThe Company shall, the Company shall if available and if allowed under applicable securities laws, use its best efforts to deliver any certificate or certificates required to be delivered by the Company under this Section 4(c) electronically through the Depository Trust Company Corporation or another established clearing corporation performing similar functions.

Appears in 1 contract

Samples: Genio Group Inc

Delivery of Certificate Upon Conversion. Not later than three five (35) Trading Days after each Conversion Date (the “Share Delivery Date”), the Company Borrower shall deliver, or cause to be delivered, to the Holder a certificate or certificates representing the Conversion Shares which, on or after the Effective Date, which shall be free of restrictive legends and trading restrictions (other than those which may then be required by the Purchase Agreement) representing the number of Conversion Shares being acquired upon the conversion of this DebentureNote. On or after the Effective Date, the Company Borrower shall use its commercially reasonable efforts to deliver any certificate or certificates required to be delivered by the Company Borrower under this Section 4(c) electronically through the Depository Trust Company or another established clearing corporation performing similar functions.

Appears in 1 contract

Samples: Convertible Note (Integrated Ventures, Inc.)

Delivery of Certificate Upon Conversion. Not later than three (3) Trading Days after each Conversion Date (the “Share Delivery Date”), the Company shall deliver, or cause to be delivered, to the Holder (A) a certificate or certificates representing the Conversion Shares which, on or after the Effective Date, shall be free of restrictive legends and trading restrictions (other than those which may then be required by the Purchase Agreement) representing the number of Conversion Shares shares of Common Stock being acquired upon the conversion of this DebentureDebenture and (B) a bank check in the amount of accrued and unpaid interest (if the Company has elected or is required to pay accrued interest in cash). On or after the Effective Date, the Company shall use its best efforts to deliver any certificate or certificates required to be delivered by the Company under this Section 4(c) 4 electronically through the Depository Trust Company or another established clearing corporation performing similar functions.

Appears in 1 contract

Samples: CleanTech Biofuels, Inc.

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Delivery of Certificate Upon Conversion. Not later than three (3) Trading Days after each any Conversion Date (the “Share Delivery Date”), the Company shall deliver, will deliver or cause to be delivered, delivered to the Holder a certificate or certificates representing the Conversion Shares which, on or after the Effective Date, which shall be free of restrictive legends and trading restrictions (other than those which may then be required by the Purchase Agreement) representing the number of Conversion Shares shares of Common Stock being acquired upon the conversion of this Debenture, or in lieu thereof electronic delivery via DWAC. On or after the Effective DateThe Company shall, the Company shall if available and if allowed under applicable securities laws, use its best efforts to deliver any certificate or certificates required to be delivered by the Company under this Section 4(c) electronically through the Depository Trust Company Corporation or another established clearing corporation performing similar functions.

Appears in 1 contract

Samples: Viragen Inc

Delivery of Certificate Upon Conversion. Not later than three (3) Trading Days after each Conversion Date (the “Share Delivery Date”), the Company shall deliver, or cause to be delivered, to the Holder a certificate or certificates representing the Conversion Shares which, on or after the Effective Date, shall be free of restrictive legends and trading restrictions (other than those which may then be required by the Purchase Agreement) representing the number of Conversion Shares shares of Common Stock being acquired upon the conversion of this Debenture. On or after the Effective Date, if available to the Company, the Company shall use its commercially reasonable efforts to deliver any certificate or certificates required to be delivered by the Company under this Section 4(c) 4 electronically through the Depository Trust Company or another established clearing corporation performing similar functions.

Appears in 1 contract

Samples: Pacific Gold Corp

Delivery of Certificate Upon Conversion. Not later than three (3) Trading Days after each Conversion Date (the “Share Delivery Date”), the Company shall deliver, or cause to be delivered, to the Holder (A) a certificate or certificates representing Conversion Shares which, on or after the Effective Date, shall be free of restrictive legends and trading restrictions (other than those which may then be required by the Purchase Agreement) representing the number of Conversion Shares being acquired upon the conversion of this DebentureNote and (B) a bank check in the amount of accrued and unpaid interest. On or after the Effective six month anniversary of the Original Issue Date, the Company shall use its reasonable best efforts to deliver any certificate or certificates required to be delivered by the Company under this Section 4(c) electronically through the The Depository Trust Company or another established clearing corporation performing similar functions.

Appears in 1 contract

Samples: Security Agreement (Authentidate Holding Corp)

Delivery of Certificate Upon Conversion. Not later than three five (35) Trading Business Days after each Conversion Date (the “Share Delivery Date”), the Company Borrower shall deliver, or cause to be delivered, to the Holder a certificate or certificates representing the Conversion Shares which, on or after the Effective Date, shall be free of restrictive legends and trading restrictions (other than those which may then be required by the Purchase Agreement) representing the number of Conversion Shares being acquired upon the conversion of this DebentureNote. On or after the Effective Date, the Company Borrower shall use its best efforts to deliver any certificate or certificates required to be delivered by the Company Borrower under this Section 4(c) electronically through the Depository Trust Company or another established clearing corporation performing similar functions.

Appears in 1 contract

Samples: 2304101 Ontario Inc.

Delivery of Certificate Upon Conversion. Not later than three (3) five Trading Days after each any Conversion Date (the “Share Delivery Date”), the Company shall deliver, will deliver or cause to be delivered, delivered to the Holder (A) a certificate or certificates representing Conversion Shares whichthe Common Stock, on or after the Effective Date, shall be free of restrictive legends and trading restrictions (other than those which may then be required by the Purchase Agreement) representing will represent the number of Conversion Shares being acquired upon the conversion of this Debenture. On or after Note and (B) a bank check in the Effective Date, amount of accrued and unpaid interest (if the Company shall is required to pay accrued interest in cash). The Company shall, if available and if allowed under applicable securities laws, use its best efforts to deliver any certificate or certificates required to be delivered by the Company under this Section 4(c) electronically through the Depository Trust Company Corporation or another established clearing corporation performing similar functions.

Appears in 1 contract

Samples: Teton Energy Corp

Delivery of Certificate Upon Conversion. Not later than three (3) Trading Days after each Conversion Date (the “Share Delivery Date”), the Company shall deliver, or cause to be delivered, to the Holder a certificate or certificates representing the number of Conversion Shares being acquired upon the conversion of this Note which, on or after if required to be issued without legends in accordance with the Effective DateSecurities Purchase Agreement, shall be free of restrictive legends and trading restrictions (other than those which may then be required by the Purchase Agreement) representing the number of Conversion Shares being acquired upon the conversion of this Debenture. On or after the Effective Date, the Company shall deliver any certificate or certificates Note required to be delivered by the Company under this Section 4(c) 4 electronically through the Depository Trust Company or another established clearing corporation performing similar functions.

Appears in 1 contract

Samples: Fuel Performance Solutions, Inc.

Delivery of Certificate Upon Conversion. Not later than three (3) Trading Days after each Conversion Date (the “Share Delivery Date”), the Company shall deliver, or cause to be delivered, to the Holder a certificate or certificates representing the Conversion Shares which, on or after the Effective Date, shall be free of restrictive legends and trading restrictions (other than those which may then be required by the Purchase Agreement) representing the number of Conversion Shares shares of Common Stock being acquired upon the conversion of this DebentureNote. On or after the Effective DateDate (as defined in the Registration Rights Agreement), the Company shall use its best efforts to deliver any certificate or certificates required to be delivered by the Company under this Section 4(c) 4 electronically through the Depository Trust Company or another established clearing corporation performing similar functions.

Appears in 1 contract

Samples: China Water & Drinks Inc..

Delivery of Certificate Upon Conversion. Not later than three (3) Trading Days after each Conversion Date (the “Share Delivery Date”), the Company shall deliver, or cause to be delivered, to the Holder a certificate or certificates representing the Conversion Shares which, on or after the Effective earlier of the six month anniversary of the Original Issue Date, shall be free of restrictive legends and trading restrictions (other than those which may then be required by the Purchase Agreement) representing the number of Conversion Shares being acquired upon the conversion of this DebentureNote. On or after the Effective Date, the The Company shall use its best efforts to deliver any certificate or certificates required to be delivered by the Company under this Section 4(c) electronically through the Depository Trust Company or another established clearing corporation performing similar functions.

Appears in 1 contract

Samples: Imaging3 Inc

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