Completion of Conversion. At such time as all of the Completion ------------------------ Conditions have been performed and satisfied by MPI, then MPI and the Investor Group shall complete the Transpac Conversion concurrently with the completion by MPI and the Other Creditors of the Other Creditor Conversions, by concurrently taking the following actions:
Appears in 2 contracts
Sources: Debt Conversion and Mutual Settlement Agreement (Microelectronic Packaging Inc /Ca/), Debt Conversion and Mutual Settlement and Release Agreement (Microelectronic Packaging Inc /Ca/)
Completion of Conversion. At such time as all of the Completion ------------------------ Conditions have been performed and satisfied by MPI, then MPI and the Investor Group shall complete the Transpac Conversion concurrently with the completion by MPI and the Other Creditors of the Other Creditor Conversions, by concurrently taking the following actions:
Appears in 1 contract
Sources: Debt Conversion and Mutual Settlement Agreement (Transpac Capital Pte LTD)