Convertible Note definition

Convertible Note shall have the meaning ascribed to such term in Section 2.1.
Convertible Note means an instrument issued by a startup company evidencing receipt of money initially as debt, which is repayable at the option of the holder, or which is convertible into such number of equity shares of such startup company, within a period not exceeding five years from the date of issue of the convertible note, upon occurrence of specified events as per the other terms and conditions agreed to and indicated in the instrument;
Convertible Note means an Existing Convertible Note or a New Convertible Note.

Examples of Convertible Note in a sentence

  • The Company has signed this Secured Convertible Note as of the Issue Date set forth above.

  • The Convertible Note will be registered in the Investor’s name in the Company’s records.

  • Notwithstanding the foregoing, it is being understood that Shareholder Approval may be required in connection with the issuance of the Conversion Shares upon conversion of the Convertible Note, as contemplated in the Convertible Note.

  • All payments made by the Company to the Investor under the Convertible Note and all issuances of Ordinary Shares upon conversion of the Convertible Note shall, to the extent permitted by applicable law, be made free and clear of and without withholding or deduction for any taxes, except as required by applicable law.

  • The execution and delivery of this Agreement and the other Transaction Documents by the Company and the consummation by the Company of the transactions contemplated hereby and thereby (including the issuance of the Convertible Note and the reservation and issuance of the Conversion Shares), have been duly authorized by the Company’s board of directors.


More Definitions of Convertible Note

Convertible Note means this Convertible Note.
Convertible Note means that certain convertible promissory note, of even date herewith, by and between Isis and EIS.
Convertible Note means any convertible note issued pursuant to the NPA.
Convertible Note means those certain convertible notes of Parent Entity listed on Schedule 1.1(a) attached hereto.
Convertible Note means the US dollar convertible note due 2018 issued by the Company.
Convertible Note means the note issued and outstanding in the principal amount of $169,165,000.00 (one hundred and sixty-nine million, one hundred and sixty-five thousand United States Dollars) plus interest, fees and expenses under the Convertible Note Indenture.
Convertible Note means an instrument evidencing receipt of money initially as a debt, which is repayable at the option of the holder, or which is convertible into such number of equity shares of the start-up company upon occurrence of specified events and as per the other terms and conditions agreed to and indicated in the instrument.