Promissory Note definition
Examples of Promissory Note in a sentence
The undersigned hereby elects to convert principal under the Convertible Promissory Note with GCT SEMICONDUCTOR HOLDING, INC.
This Note is a Convertible Promissory Note issued pursuant to that certain Convertible Promissory Note Purchase Agreement dated as of March 25, 2026 (the “Purchase Agreement”).
In connection with the Delisting, within two Business Days following the date hereof, the Company shall issue and deliver to each Investor an Amendment No. 1 to Convertible Promissory Note with respect to the applicable Note, substantially in a form as set forth in Exhibit A attached herein, pursuant to which, among other things, the Floor Price (as defined in the Notes) shall be revised to $0.10 per share.
The Agreement is hereby amended to add as Exhibit A thereto the form of Amended and Restated Secured Convertible Promissory Note attached as Exhibit A to this Amendment, and such exhibit shall be deemed to replace and supersede any prior form of Secured Convertible Promissory Note previously attached to or referenced in the Agreement.