Common use of VOLUNTARY CONVERSION BY A NOTEHOLDER Clause in Contracts

VOLUNTARY CONVERSION BY A NOTEHOLDER. 3.1 All, but not part, of the relevant Convertible Loan Notes held by a Noteholder which remain outstanding at the Conversion Date may be converted into Common Shares at the relevant Maturity Date (or, if an Extended Maturity Date applies (as referred to in Condition 4.2(a)) at the Extended Maturity Conversion Date (as defined in Condition 3.6)) by the Noteholder serving upon the Company a Conversion Notice at least fifteen Business Days prior to the relevant Maturity Date (or, if an Extended Maturity Date applies (as referred to in Condition 4.2(a)), at least fifteen Business Days prior to the Extended Maturity Conversion Date). Upon conversion, such Common Shares shall be subject to the rights and obligations set forth in the Articles of Association. A Noteholder must convert all of the Convertible Loan Notes held by him and cannot convert part only of the Convertible Loan Notes held by him.