Holder Conversion. The outstanding principal amount of each Note shall be convertible at any time, from time to time, at the option of the holder (“Holder Conversion”), into a number of Conversion Shares equal to (x) the outstanding principal amount of such Note plus accrued and unpaid interest divided by (y) the Conversion Price.” (i) Section 2.18 of the Agreement is hereby amended and restated in its entirety as follows:
Appears in 1 contract
Sources: Note and Warrant Purchase Agreement (PureTech Health LLC)
Holder Conversion. The outstanding principal amount of each Note shall be convertible at any time, from time to time, at the option of the holder (“Holder Conversion”), into a number of Conversion Shares equal to (x) the outstanding principal amount of such Note plus accrued and unpaid interest divided by (y) the Conversion Price.”
(i) Section 2.18 of the Agreement is hereby amended and restated in its entirety as follows:: US-DOCS\139956907.10
Appears in 1 contract
Sources: Note and Warrant Purchase Agreement (Gelesis Holdings, Inc.)