Examples of Convertible Notes in a sentence
The Warrants and Convertible Notes shall be exercisable as provided in each of the form of Notice of Exercise included in the Warrants and the form of Notice of Conversion included in the Convertible Notes, respectively, and as set forth the totality of the procedures required of the Purchasers in order to exercise the Warrants or convert the Convertible Notes.
The Company shall honor exercises of the Warrants and conversions of the Convertible Notes and shall deliver Underlying Shares in accordance with the terms, conditions and time periods set forth in the Transaction Documents.
On the Closing Date, upon the terms and subject to the conditions set forth herein, substantially concurrent with the execution and delivery of this Agreement by the applicable parties hereto, the Company agrees to sell, and the Purchasers, severally and not jointly, agree to purchase, up to an aggregate of up to $875,000 in principal amount of the Convertible Notes, each of the Convertible Notes having an original issue discount equal to 10% of the principal amount of such Convertible Note.
Further, the Company shall not make any payment of principal or interest on the Convertible Notes in amounts which are disproportionate to the respective principal amounts outstanding on the Convertible Notes at any applicable time.
Without limiting the preceding sentences, no ink-original Notice of Exercise or Notice of Conversion shall be required, nor shall any medallion guarantee (or other type of guarantee or notarization) of any Notice of Exercise or Notice of Conversion form be required in order to exercise the Warrants or convert the Convertible Notes.