No Preferential Right to Subscription. Pursuant to article L.225-132 of the French commercial code, the decision to issue the Note automatically waives the right for any existing shareholder of the Company to a preferential right (droit préférentiel de souscription) for the subscription of the Underlying Shares to be issued by the Company upon conversion of the Note.
Appears in 6 contracts
Samples: Convertible Note Agreement (Sequans Communications), Convertible Note Agreement (Sequans Communications), Shareholder Loan Agreement (Sequans Communications)
No Preferential Right to Subscription. Pursuant to article L.225L. 225-132 of the French commercial code, the decision to issue the Note automatically waives the right for any existing shareholder of the Company to a preferential right (droit préférentiel de souscription) for the subscription of the Underlying Shares to be issued by the Company upon conversion of all or any portion of the Note.
Appears in 1 contract
Samples: Securities Purchase Agreement (Sequans Communications)
