Common use of Convertible Promissory Notes Clause in Contracts

Convertible Promissory Notes. The Borrower and the Lender agree that the Lender will have no obligation to re-advance any amounts paid on any of the Notes. Each such Note will be payable on the following terms:

Convertible Promissory Notes. The Borrower and the Lender agree agrees that the Lender will have no obligation to re-advance any amounts paid or prepaid on any of the Noteseach Note issued hereunder. Each such Note will be payable on the following terms: