Secured Convertible Note Documentation Clause Samples

Secured Convertible Note Documentation. Without the prior written consent of Lender, Borrower shall not (a) amend, modify or in any way alter the terms of any of the Secured Convertible Note Documentation, or (b) other than in accordance with the Intercreditor Agreement, make any payments in respect of the indebtedness evidenced by the Secured Convertible Note Documentation, if any such action in (a) or (b) would impair Lender’s right hereunder. Borrower shall in all events provide Lender with not less than ten (10) Business Days’ written notice of any such amendment or payment, describing such proposed action in reasonable detail.