Common use of Optional Conversion Permitted only During Business Hours Clause in Contracts

Optional Conversion Permitted only During Business Hours. Convertible Preferred Stock will be deemed to be surrendered for Optional Conversion only after the Open of Business and before the Close of Business on a day that is a Business Day.

Appears in 7 contracts

Sources: Securities Purchase Agreement (Upland Software, Inc.), Securities Purchase Agreement (Azz Inc), Securities Purchase Agreement (APi Group Corp)

Optional Conversion Permitted only During Business Hours. Convertible Preferred Stock will be deemed to may be surrendered for Optional Conversion only after the Open of Business and before the Close of Business on a day that is a Business Day.

Appears in 6 contracts

Sources: Investment Agreement (Rhythm Pharmaceuticals, Inc.), Exchange Agreement (Comtech Telecommunications Corp /De/), Subscription Agreement (Dream Finders Homes, Inc.)

Optional Conversion Permitted only During Business Hours. Convertible Preferred Stock will be deemed to Shares may be surrendered for Optional Conversion only after the Open of Business and before the Close of Business on a day that is a Business Day.

Appears in 1 contract

Sources: Investment Agreement (Agilysys Inc)