Mandatory Conversion. Any unpaid principal due hereunder upon the Maturity Date shall automatically be exchanged for Shares upon the terms described in Section 1(b) above using the Maturity Date as the Exchange Date, without requiring the additional consent of Lender or Borrower.
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Sources: Employment Agreement (VG Life Sciences, Inc.), Consulting Agreement (VG Life Sciences, Inc.), Consulting Agreement (VG Life Sciences, Inc.)
Mandatory Conversion. Any unpaid principal Principal due hereunder upon the Maturity Date shall automatically be exchanged for Shares upon the terms described in Section 1(b) above using the Maturity Date as the Exchange Date, without requiring the additional consent of Lender or Borrowereither party.
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Sources: Unsecured Note (VG Life Sciences, Inc.), Unsecured Note (VG Life Sciences, Inc.)
Mandatory Conversion. Any unpaid principal Principal due hereunder upon the Maturity Date shall automatically be exchanged for Shares upon the terms described in Section 1(b) above using the Maturity Date as the Exchange Date, without requiring the additional consent of Lender or Borrowereither ▇▇▇▇▇, provided that the restrictions described in Section 1(d) below are observed.
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Mandatory Conversion. Any unpaid principal Principal due hereunder upon the Maturity Date shall automatically be exchanged for Shares upon the terms described in Section 1(b) above using the Maturity Date as the Exchange Date, without requiring the additional consent of Lender or Borrowereither party, provided that the restrictions described in Section 1(d) below are observed.
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