Common use of Early Amortization Clause in Contracts

Early Amortization. 5.1. Notwithstanding the provisions of clause 4 above, in the event that a Financing Round occurs prior to the Maturity Date, the Parties agree that the Company shall proceed with the early repayment of the Loan (the "Early Repayment Date"), through its conversion into shares of the Company, under the terms set forth in Clause 6 following.