Convertible Note definition
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.