Mandatory Conversion. Any unpaid principal due hereunder upon the Maturity Date shall automatically be exchanged for Shares upon the terms described in Section 1(b) above using the Maturity Date as the Exchange Date, without requiring the additional consent of Lender or Borrower.
Appears in 10 contracts
Samples: Consulting Agreement (VG Life Sciences, Inc.), Consulting Agreement (VG Life Sciences, Inc.), Consulting Agreement (VG Life Sciences, Inc.)
Mandatory Conversion. Any unpaid principal Principal due hereunder upon the Maturity Date shall automatically be exchanged for Shares upon the terms described in Section 1(b) above using the Maturity Date as the Exchange Date, without requiring the additional consent of Lender or Borrowereither party.
Appears in 2 contracts
Samples: Warrant Agreement (VG Life Sciences, Inc.), Warrant Agreement (VG Life Sciences, Inc.)
Mandatory Conversion. Any unpaid principal Principal due hereunder upon the Maturity Date shall automatically be exchanged for Shares upon the terms described in Section 1(b) above using the Maturity Date as the Exchange Date, without requiring the additional consent of Lender or Borrowereither xxxxx, provided that the restrictions described in Section 1(d) below are observed.
Appears in 1 contract
Samples: VG Life Sciences, Inc.
Mandatory Conversion. Any unpaid principal Principal due hereunder upon the Maturity Date shall automatically be exchanged for Shares upon the terms described in Section 1(b) above using the Maturity Date as the Exchange Date, without requiring the additional consent of Lender or Borrowereither party, provided that the restrictions described in Section 1(d) below are observed.
Appears in 1 contract
Samples: VG Life Sciences, Inc.