Common use of Conversion Provisions Clause in Contracts

Conversion Provisions. The Lender, shall have the right, from time to time, to convert the outstanding Principal and any accrued and unpaid Interest into shares of common stock in the capital of the Parent (the "Conversion Shares") in accordance with the conversion provisions set out in Schedule 2.6 (collectively, the "Conversion Provisions").

Appears in 2 contracts

Sources: Loan Agreement (IntelGenx Technologies Corp.), Loan Agreement (IntelGenx Technologies Corp.)

Conversion Provisions. The Lender, shall have the right, from time to time, to convert the outstanding Principal and any accrued and unpaid Interest into shares of common stock in the capital of the Parent (the "Conversion Shares") in accordance with the conversion provisions set out in Schedule 2.6 (collectively, the "Conversion Provisions").

Appears in 1 contract

Sources: Loan Agreement (ATAI Life Sciences N.V.)