Conversion Date Sample Clauses

Conversion Date. The “Conversion Date” is a Switch or frame conversion planned day of cut-over to the replacement frame(s) or Switch. The actual conversion time typically is set for midnight of the Conversion Date. This may cause the actual Conversion Date to migrate into the early hours of the day after the planned Conversion Date.

Conversion Date. The Conversion Date shall not have occurred.

Conversion Date. Conversion hereunder shall be deemed to have been made as of the date of surrender of the Shares to be converted, and the person or persons entitled to receive the Common Shares issuable upon conversion shall be treated for al purposes as the record holder or holders of such Common Shares on that date.

Conversion Date. Effective immediately prior to the close of business on any applicable Conversion Date, dividends shall no longer be declared on any such converted shares of Series B Preferred Stock, and such shares of Series B Preferred Stock shall represent only the right to receive shares of Common Stock issuable upon conversion of such shares; provided that Holders shall have the right to receive any declared and unpaid dividends as of the Conversion Date on such shares and any other payments to which they are otherwise entitled pursuant to the terms hereof.

Conversion Date. Amount to be converted: $------------------

Conversion Date. The term “

Conversion Date. Applicable Conversion Price: -------------------------------------- Signature: -------------------------------------- Name: -------------------------------------- Address: -------------------------------------- Amount to be converted: $ -------------------------------------- Amount of Debenture unconverted: $ -------------------------------------- Conversion Price per share: $ -------------------------------------- Number of shares of Common Stock to be issued: -------------------------------------- Please issue the shares of Common Stock in the following name and to the following address: -------------------------------------- Issue to: -------------------------------------- Authorized Signature: -------------------------------------- Name: -------------------------------------- Title: -------------------------------------- Phone Number: -------------------------------------- Broker DTC Participant Code: -------------------------------------- Account Number: --------------------------------------

Conversion Date. The conversion of this Convertible Debenture is deemed to occur (a) in the case of a conversion pursuant to Section 2.1, upon receipt by the Corporation of the Conversion Notice delivered or such later time as specified in such notice of conversion; or (b) in the case of a conversion pursuant to Section 2.2, immediately upon the Maturity Date. The rights of the Holder terminate at such time and the Holder with respect to this Convertible Debenture will be treated as having become the Holder of record of Common Shares at that time.

Conversion Date. Applicable Conversion Price: -------------------------------- Signature: -------------------------------- Name: -------------------------------- Address: -------------------------------- Amount to be converted: $------------------------------- Amount of Debenture unconverted: $------------------------------- Conversion Price per share: $------------------------------- Number of shares of Common Stock to be issued: -------------------------------- Please issue the shares of Common Stock in the following name and to the following address: -------------------------------- Issue to: -------------------------------- Authorized Signature: -------------------------------- Name: -------------------------------- Title: -------------------------------- Phone Number: -------------------------------- Broker DTC Participant Code: -------------------------------- Account Number: -------------------------------- Exhibit 10-b Dated: February 7, 2006 NEITHER THIS DEBENTURE NOR THE SECURITIES INTO WHICH THIS DEBENTURE IS CONVERTIBLE HAVE BEEN REGISTERED WITH THE SECURITIES AND EXCHANGE COMMISSION OR THE SECURITIES COMMISSION OF ANY STATE IN RELIANCE UPON AN EXEMPTION FROM REGISTRATION UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE "SECURITIES ACT"), AND, ACCORDINGLY, MAY NOT BE OFFERED OR SOLD EXCEPT PURSUANT TO AN EFFECTIVE REGISTRATION STATEMENT UNDER THE SECURITIES ACT OR PURSUANT TO AN AVAILABLE EXEMPTION FROM, OR IN A TRANSACTION NOT SUBJECT TO, THE REGISTRATION REQUIREMENTS OF THE SECURITIES ACT AND IN ACCORDANCE WITH APPLICABLE STATE SECURITIES LAWS. No. HHF-3 $1,150,369 GREENSHIFT CORPORATION Secured Convertible Debenture Due February 8, 2009 This Secured Convertible Debenture (the "Debenture") is issued by GREENSHIFT CORPORATION, a Delaware corporation (the "Obligor"), to HIGHGATE HOUSE FUNDS, LTD. (the "Holder"), pursuant to that certain Securities Purchase Agreement (the "Securities Purchase Agreement") of even date herewith. The Securities Purchase Agreement and the Transaction Documents (as defined herein) and the parties' respective obligations hereunder and thereunder shall not become effective until the majority of the Obligor's shareholders approve the issuance by the Obligor of the Convertible Debentures and the Obligor provides its shareholders with notice of said shareholder approval in compliance with all applicable rules and regulations. This Debenture shall be convertible by the Holder at anytime after the Obligor is not registered as a Business De...