Common use of Conversion Rights Clause in Contracts

Conversion Rights. The Holder shall have the right to convert the principal amount and interest due under this Note into Shares of the Borrower's Common Stock as set forth below.

Appears in 103 contracts

Sources: Subscription Agreement (Mooney Aerospace Group LTD), Securities Purchase Agreement (Vertex Interactive Inc), Subscription Agreement (Sanguine Corp)

Conversion Rights. The Holder shall have the right to convert the principal amount and interest due under this Note into Shares of the Borrower's Common Stock Stock, $.001 par value per share ("Common Stock") as set forth below.

Appears in 37 contracts

Sources: Convertible Note (Kaire Holdings Inc), Convertible Note (Greenland Corp), Subscription Agreement (5 G Wireless Communications Inc)

Conversion Rights. The Holder shall have the right to convert the principal amount and interest due under this Note into Shares of the Borrower's Common Stock as set forth below.

Appears in 18 contracts

Sources: Convertible Note (Wizzard Software Corp /Co), Convertible Note (Wizzard Software Corp /Co), Convertible Note (Bravo Foods International Corp)

Conversion Rights. The Holder shall have the right to convert the principal amount Principal and interest accrued and unpaid Interest due under this Note into Shares shares of the Borrower's Company’s Common Stock Stock, as set forth below.

Appears in 8 contracts

Sources: Convertible Note (STW Resources Holding Corp.), Convertible Note Agreement (STW Resources Holding Corp.), Convertible Note (SKM Media Corp.)

Conversion Rights. The Holder shall have the right to convert the principal amount and interest due under this Note into Shares of the Borrower's Common Stock ($.00004 par value per share) as set forth below.

Appears in 7 contracts

Sources: Convertible Note (Frederick Brewing Co), Convertible Note (Frederick Brewing Co), Convertible Note (Frederick Brewing Co)

Conversion Rights. The Holder shall have the right to convert the outstanding principal amount and interest due under this Note into Shares of the Borrower's Common Stock Stock, no par value per share (“Common Stock”) as set forth below.

Appears in 7 contracts

Sources: Secured Convertible Note (Dalrada Financial Corp), Secured Convertible Note (Dalrada Financial Corp), Secured Convertible Note (Dalrada Financial Corp)

Conversion Rights. The Holder shall have the right to convert the principal amount and any interest due under this Note into New Securities or Conversion Shares of the Borrower's Common Stock as set forth below.

Appears in 6 contracts

Sources: Convertible Promissory Note (Lifesciences Opportunities Inc), Convertible Promissory Note (Lifesciences Opportunities Inc), Convertible Promissory Note (Lifesciences Opportunities Inc)

Conversion Rights. The Holder shall have the right to convert the entire principal amount and interest due under this Note and the accrued but unpaid interest thereon into Shares shares of the Borrower's Common Stock as set forth below.

Appears in 4 contracts

Sources: Convertible Note (Ever-Glory International Group, Inc.), Convertible Note (Family Room Entertainment Corp), Convertible Note (BigString CORP)

Conversion Rights. The Holder shall have the right to convert the principal amount and interest due under this Note into Shares of the Borrower's Common Stock as set forth below.

Appears in 4 contracts

Sources: Subscription Agreement (Transgenomic Inc), Convertible Note (Voiceflash Networks Inc), Subscription Agreement (Multi Media Tutorial Services Inc)

Conversion Rights. The Holder shall have the right or obligation to convert the principal amount and interest due under Principal of this Note into Shares shares of the Borrower's ’s Common Stock as set forth below.

Appears in 3 contracts

Sources: Note Purchase Agreement (Sun New Media Inc.), Note Purchase Agreement (Sun New Media Inc.), Convertible Note (Long-E International, Inc.)

Conversion Rights. The Holder shall have the right to convert the principal amount and any interest due under this Note into Conversion Shares of the Borrower's Common Stock as set forth below.

Appears in 3 contracts

Sources: Advisory Services Agreement (Coconnect Inc), Debt Exchange Agreement (Coconnect Inc), Note Exchange Agreement (Coconnect Inc)

Conversion Rights. The Holder shall have the right to convert the principal amount and interest due under this Note into Shares of the Borrower's ’s Common Stock (“Common Stock”) as set forth below.

Appears in 2 contracts

Sources: Convertible Note (Visual Management Systems Inc), Convertible Note (Visual Management Systems Inc)

Conversion Rights. The Holder shall will have the right to convert the principal amount and interest due under this Note into Shares of the Borrower's Common Stock as set forth below.

Appears in 2 contracts

Sources: Merger Agreement (Sys), Subscription Agreement (Sys)

Conversion Rights. The Holder shall have the right to convert the principal amount and interest due under this Note into Shares shares of the Borrower's ’s Common Stock as set forth below.

Appears in 2 contracts

Sources: Note Purchase Agreement (Small World Kids Inc), Note Purchase Agreement (Small World Kids Inc)

Conversion Rights. The Holder shall have the right to convert the principal amount and any interest due under this Note into Shares of the Borrower's Common Stock Stock, no par value per share (“Common Stock”) as set forth below.

Appears in 2 contracts

Sources: Secured Convertible Note (Diamond Entertainment Corp), Secured Convertible Note (Diamond Entertainment Corp)

Conversion Rights. The Holder shall have the right to convert the principal amount and interest due under this Note into Shares of the Borrower's Common Stock (“Common Stock”) as set forth below.

Appears in 2 contracts

Sources: Convertible Note (Hyperion Energy, Inc.), Convertible Note (Hyperion Energy, Inc.)

Conversion Rights. The Holder shall have the right to convert the principal amount and any interest due under this Note into Shares of the Borrower's Common Stock Stock, no par value per share ("Common Stock") as set forth below.

Appears in 2 contracts

Sources: Secured Convertible Note (Diamond Entertainment Corp), Secured Convertible Note (Diamond Entertainment Corp)

Conversion Rights. The Holder shall have the right to convert the principal amount and interest due under this Note into Shares shares of the Borrower's Common Stock as set forth below.

Appears in 2 contracts

Sources: Note Purchase Agreement (Vfinance Inc), Note Purchase Agreement (Vfinance Inc)

Conversion Rights. The Holder shall will have the right to convert the principal amount Principal Sum (including OID, interest, and interest due other fees) under this Note into Shares of the Borrower's Common Stock as set forth below.

Appears in 2 contracts

Sources: Securities Purchase Agreement (Lithium Exploration Group, Inc.), Securities Purchase Agreement (Lithium Exploration Group, Inc.)

Conversion Rights. The Holder shall have the right to convert the principal amount and interest due under this Note into Shares of the Borrower's Common Stock as set forth below.

Appears in 1 contract

Sources: Convertible Note (Villageedocs Inc)

Conversion Rights. The Holder shall have the right to convert the principal amount and interest due under this Note into Shares of the Borrower's Common Stock and Warrants as set forth below.

Appears in 1 contract

Sources: Convertible Note (Path 1 Network Technologies Inc)

Conversion Rights. The Holder shall will have the right to convert the principal amount and interest due under this Note into Shares of the Borrower's ’s Common Stock as set forth below.

Appears in 1 contract

Sources: Unsecured Subordinated Convertible Note (Sys)

Conversion Rights. The Holder shall have the right to convert the principal amount and interest due under this Note and all unpaid interest accrued hereon, into Shares shares of the common stock ("Common Stock") of Borrower's Common Stock , as set forth below.

Appears in 1 contract

Sources: Convertible Note (Dci Usa, Inc)

Conversion Rights. The Holder shall have the right to convert the principal amount and interest due under this Note into Shares of the Borrower's Common Stock (“Common Stock”) as set forth below.

Appears in 1 contract

Sources: Convertible Note Agreement (Alterrus Systems Inc.)

Conversion Rights. The Holder shall have the right to convert the principal amount and any interest due under this Note into Shares of the Borrower's Common Stock as set forth below.

Appears in 1 contract

Sources: Convertible Note (Aethlon Medical Inc)

Conversion Rights. The Holder shall will have the right to convert the principal amount Principal Sum and accrued interest due under this Note into Shares of the Borrower's Common Stock as set forth below.

Appears in 1 contract

Sources: Convertible Promissory Note (Cord Blood America, Inc.)

Conversion Rights. The Holder shall have the right to convert the principal amount Principal and interest due under Interest of this Note into Shares shares of the Borrower's ’s Common Stock as set forth below.

Appears in 1 contract

Sources: Convertible Note (China for-Gen Corp.)

Conversion Rights. 2.1 The Holder shall have the right to convert the principal amount and accrued and unpaid interest due under this Note into Shares shares of the Borrower's Common Stock as set forth below.

Appears in 1 contract

Sources: Convertible Note (Omnicomm Systems Inc)

Conversion Rights. The Holder shall have the right or obligation to convert the principal amount and interest due under Principal of this Note into Shares shares of the Borrower's ’s Common Stock or Preferred Stock as set forth below.

Appears in 1 contract

Sources: Convertible Note (Long-E International, Inc.)

Conversion Rights. The Holder shall have the right to convert the entire principal amount and interest due under this Note and the accrued but unpaid interest thereon into Shares shares of the Borrower's ’s Common Stock as set forth below.

Appears in 1 contract

Sources: Convertible Note (BigString CORP)

Conversion Rights. The Holder shall have the right to convert the principal amount and any interest due under this Note into Shares of the Borrower's ’s Common Stock Stock, no par value per share (“Common Stock”) as set forth below.

Appears in 1 contract

Sources: Subscription Agreement (Megawest Energy Corp.)

Conversion Rights. The Holder shall have the right to convert the principal amount and interest due under this Note into Shares of the Borrower's ’s Common Stock as set forth below.

Appears in 1 contract

Sources: Secured Convertible Note (Blastgard International Inc)

Conversion Rights. The Holder shall will have the right to convert the principal amount and interest due under this Note into Shares of the Borrower's Common Stock as set forth below.

Appears in 1 contract

Sources: Convertible Note (Sys)

Conversion Rights. The Holder shall have the right to convert the principal amount and any interest due under this Note into Shares shares of the Borrower's Company’s Common Stock (“Common Stock”) as set forth below.

Appears in 1 contract

Sources: Subscription Agreement (Swissinso Holding Inc.)

Conversion Rights. The Holder shall have the right to convert the principal amount and Principal Amount together with all unpaid interest due under accrued thereon of this Note into Shares shares of the Borrower's ’s Common Stock as set forth below.

Appears in 1 contract

Sources: Convertible Promissory Note (Red Giant Entertainment, Inc.)

Conversion Rights. The Holder shall have the right to convert the principal amount Principal and interest accrued and unpaid Interest due under this Note into Shares shares of the Borrower's Company’s Common Stock Stock, as set forth below. Shares of stock issuable upon conversion of the Note may be referred to as “Conversion Shares.

Appears in 1 contract

Sources: Convertible Note Agreement (Yi Xin International Copper, Inc.)

Conversion Rights. The Holder shall have the right or obligation to convert the principal amount and interest due under Principal of this Note into Shares shares of the Borrower's Common Stock or Preferred Stock as set forth below.

Appears in 1 contract

Sources: Note Purchase Agreement (PCS Edventures Com Inc)

Conversion Rights. The Holder shall have the right to convert the principal amount Principal and interest accrued and unpaid Interest due under this Note into Shares shares of the BorrowerCompany's Common Stock Stock, as set forth below.

Appears in 1 contract

Sources: Convertible Note (American Dairy Inc)

Conversion Rights. The Holder shall have the right to convert the outstanding principal amount and interest due under this Note into Shares of the Borrower's Common Stock Stock, no par value per share ("Common Stock") as set forth below.

Appears in 1 contract

Sources: Secured Convertible Note (Ceragenix Pharmaceuticals, Inc.)

Conversion Rights. The Holder shall have the right to convert the principal amount and interest due under this Note into Shares of the Borrower's Common Stock as set forth below. Borrower acknowledges that the Holder shall be entitled to exercise the conversion rights hereunder each time an Overadvance (as defined in the Purchase Agreement) shall be in existence under the terms of the Purchase Agreement.

Appears in 1 contract

Sources: Accounts Receivable Purchase Agreement (Vertex Interactive Inc)