Conversion at Maturity. To the extent that the Outstanding Amount is not earlier reapid in cash or converted pursuant to the provisions of this Section 2, on the Maturity Date, the Outstanding Amount shall be automatically converted into shares of Common Stock at the Conversion Price, subject to adjustment as provided herein.
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Sources: Convertible Loan Agreement (Orgenesis Inc.), Convertible Loan Agreement (Orgenesis Inc.)
Conversion at Maturity. To the extent that the Outstanding Amount is not earlier reapid repaid in cash or converted pursuant to the provisions of this Section 2, on the Maturity Date, the Outstanding Amount shall be automatically converted into shares of Common Stock at the Conversion Price, subject to adjustment as provided herein, provided that the Lender did not request to be repaid in cash pursuant to Section 1(a) above.
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