Common use of Interest on Conversion Clause in Contracts

Interest on Conversion. Where the Principal is converted to Securities pursuant to the terms hereof, any Interest payable in connection with the Note shall also be converted to Securities, subject to Section 2.7 below.

Appears in 4 contracts

Sources: Note Purchase Agreement (Borealis Foods Inc.), Note Purchase Agreement (Borealis Foods Inc.), Note Purchase Agreement (Borealis Foods Inc.)

Interest on Conversion. Where the Principal is converted to Securities pursuant to the terms hereof, any Interest payable in connection with the Note Notes shall also be converted to Securities, subject to Section 2.7 below.

Appears in 1 contract

Sources: Note Purchase Agreement (Oxus Acquisition Corp.)