Conversion of Convertible Notes and Coupons. Each Convertible Note and all unmatured coupons attached thereto, submitted for conversion to the Conversion Agent (a "Converted Note") shall be imprinted or stamped by the Conversion Agent with a legend to the effect that such Convertible Note or coupon has been converted. All Converted Notes and coupons shall be held by Banca del Gottardo for the account of the Company. Banca del Gottardo shall maintain a record of Convertible Notes and coupons converted.
Appears in 3 contracts
Sources: Note and Warrant Purchase Agreement (Intellicall Inc), Note and Warrant Purchase Agreement (Intellicall Inc), Agency Agreement (Showscan Entertainment Inc)
Conversion of Convertible Notes and Coupons. Each Convertible Note and all unmatured coupons attached thereto, submitted for conversion to the Conversion Agent (a "Converted Note") shall be imprinted or stamped for cancellation by the Conversion Agent with a legend to the effect that such Convertible Note or coupon has been converted. All cancelled Converted Notes and coupons shall be held by Banca del Gottardo for the account of the Company. Banca del Gottardo shall maintain a record of Convertible Notes and coupons converted.
Appears in 1 contract
Conversion of Convertible Notes and Coupons. Each Convertible Note Note, if printed, and all unmatured coupons attached thereto, submitted for conversion to the Conversion Agent (a "Converted Note") shall be imprinted or stamped by the Conversion Agent with a legend to the effect that such Convertible Note or coupon has been converted. All Converted Notes and coupons shall be held by Banca del Gottardo for the account of the Company. Banca del Gottardo shall maintain a record of Convertible Notes and coupons converted.
Appears in 1 contract
Sources: Note Purchase, Paying and Conversion Agency Agreement (Bigmar Inc)