Convertible Note definition

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 shall have the meaning ascribed to such term in Section 2.1.

Convertible Note means an Existing Convertible Note or a New Convertible Note.

Examples of Convertible Note in a sentence

• In December 2023, the Company completed a transfer of its equity in Stimunity and the Stimunity Convertible Note to iOx. In connection with that transfer, the Stimunity Convertible Note was converted into 1,768 Class A shares of Stimunity.

• The Senior Convertible Note holders were also issued a security interest in the stock and membership interests held by GH Group and its subsidiaries.

• The Stimunity Convertible Note provided for simple interest at 7% per annum and provided for automatic conversion into Series A shares of Stimunity upon Stimunity completing a Series A round for at least €20 million.

• Exhibit No. Description Exhibit 10.1 Form of Convertible Note Agreement.

• The Convertible Note – Related Party bears interest at a rate of 4.5% per annum.

More Definitions of Convertible Note

Convertible Note means this Convertible Note.

Convertible Note means those certain convertible notes of Parent Entity listed on Schedule 1.1(a) attached hereto.

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 any convertible note issued pursuant to the NPA.

Convertible Note means the US dollar convertible note due 2018 issued by the Company.

Convertible Note means the Convertible Term Promissory Note in the form attached hereto as Exhibit A, convertible into shares of Common Stock at the Conversion Price (subject to adjustment as provided therein).

Convertible Note means this Convertible Promissory Note.