Fractional entitlements. The number of Conversion Shares to be issued to the Investor must be rounded up to the nearest whole number if there is a fractional entitlement.
Appears in 2 contracts
Sources: Convertible Note Agreement, Convertible Note
Fractional entitlements. The number of Conversion Shares to be issued to the Investor must each Lender will be rounded up to the nearest whole number if there is in the event of a fractional entitlement.
Appears in 1 contract
Sources: Convertible Loan Agreement