Convertible Note Certificate definition
Examples of Convertible Note Certificate in a sentence
The Convertible Note Conditions are deemed to be included or endorsed on the Convertible Note Certificate.
Borrower must issue a Convertible Note Certificate to each Noteholder within two Business Days after the date the Noteholder subscribes for the Convertible Notes reflecting the amount of Convertible Notes held by the relevant Noteholder.
If the Convertible Note Certificate becomes worn out or defaced, then on production of the Convertible Note Certificate to Borrower, Borrower must cancel it and issue a replacement Convertible Note Certificate.
The Company shall deliver to the Investor the following documents within [ ] days of the Closing Date: ● Share Certificate for equity issuance; or ● Convertible Note Certificate for the convertible note issuance; or ● Revenue Sharing Agreement for the revenue-sharing units; or ● Profit-Sharing Agreement outlining the Investor’s entitlement to Company profits; or ● Debt Instrument Certificate for any debt-based investment; or ● Royalty Agreement for royalty entitlements.
Signature of the Convertible Noteholder must be the signature of the Person appearing on the face of this Convertible Note Certificate.
Any Convertible Note Certificate tendered for exchange shall be cancelled and surrendered to the Trustee.
The Underlying Shares will be issued as fully paid and non-assessable Common Shares upon conversion of the Notes in accordance with the Convertible Note Certificate and such Common Shares will not have been issued in violation of or subject to any pre-emptive rights or contractual rights to purchase securities issued by the Issuer.
The Investor will, as a condition precedent to the Conversion of any Convertible Notes held by the Investor, surrender the Convertible Note Certificate in respect of those Convertible Notes to the Convertible Note Registrar.
Each Convertible Note certificate originally issued in the United States or to, or for the account of, a U.S. Person, and each Convertible Note Certificate issued in exchange therefor or in substitution thereof (each a "Restricted Convertible Note") shall bear the following legend: "THE SECURITIES REPRESENTED HEREBY HAVE NOT BEEN REGISTERED UNDER THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED (THE "U.S. SECURITIES ACT") OR UNDER ANY STATE SECURITIES LAWS.
Notwithstanding the foregoing, this Escrow Agreement shall not be assigned by any party without the prior written consent of the other parties, except that Golden shall be permitted to assign this Escrow Agreement to an assignee of Golden Minerals to whom the rights and obligations of Golden Minerals under the Convertible Note Certificate are also assigned.