Conversion Limit. Notwithstanding any other provision of this Note, Holder may not be issued any Shares in the Company that would cause Holder’s beneficial ownership (as defined by Section 13(d) of the Securities Exchange Act of 1934) of the Company to exceed 9.9% of its total issued and outstanding common or voting shares.
Appears in 2 contracts
Sources: Loan Agreement (Evio, Inc.), Loan Agreement (Evio, Inc.)