Minimum Return on Convertible Notes Clause Samples
Minimum Return on Convertible Notes. In the event that Purchaser shall not have realized a minimum return on investment of 1.75x (the “Minimum Return”) through the payment of the principal, interest and all other amounts paid under the Convertible Notes and the value of the Common Stock upon Purchaser’s sale of the Common Stock, GFN or its Subsidiaries shall deliver additional cash so that Purchaser receives the Minimum Return all in accordance with, and subject to the terms and conditions of, the Convertible Note.
