Common use of Conversion into Common Stock Clause in Contracts

Conversion into Common Stock. (a) In the event this Note has not been previously converted in whole pursuant to Section 2.1, beginning on each date Holder first receives or should have received a Liquidity [****] = CERTAIN CONFIDENTIAL INFORMATION CONTAINED IN THIS DOCUMENT, MARKED BY BRACKETS, HAS BEEN OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO RULE 406 OF THE SECURITIES ACT OF 1933, AS AMENDED.

Appears in 3 contracts

Sources: Note (Elevate Credit, Inc.), Note (Elevate Credit, Inc.), Note (Elevate Credit, Inc.)