Common use of Conversion Obligations Clause in Contracts

Conversion Obligations. The Issuer fails to satisfy its conversion obligations in accordance with Section 2.11 upon exercise of a Purchaser’s conversion rights pursuant hereto and such failure continues for a period of three (3) Business Days; or

Appears in 2 contracts

Sources: Convertible Note and Warrant Purchase Agreement (Terran Orbital Corp), Convertible Note and Warrant Purchase Agreement (Terran Orbital Corp)