No Tranche. 2 Notes shall be issued to any person who is not a Qualifying Noteholder and has not served upon the Company an Optional Warrant Conversion Notice (as defined in the Securities Purchase Agreement) in accordance with the provisions of section 5(h)(ii) of the Securities Purchase Agreement.
Appears in 3 contracts
Sources: Securities Purchase Agreement (Mereo Biopharma Group PLC), Convertible Loan Note Instrument (Mereo Biopharma Group PLC), Convertible Loan Note Instrument (Mereo Biopharma Group PLC)