Upon Maturity. Upon the Maturity Date, the aggregate Conversion Amount still outstanding shall convert automatically in accordance with the terms hereof without the Holder needing to make an election as if the Holder had made an election to convert immediately prior to the Maturity Date, provided , however, that if upon the Maturity Date, the Company shall have issued and outstanding a Redemption Notice to redeem such Conversion Amount in accordance with Section 6 below, then such Conversion Amount shall be redeemed as provided for in Section 6 below. 3.
Appears in 2 contracts
Sources: Convertible Promissory Note Purchase Agreement (GCT Semiconductor Holding, Inc.), Mandatory Convertible Promissory Note (GCT Semiconductor Holding, Inc.)