Examples of Conversion Notice in a sentence
The Maker shall immediately send to the Holder, upon receipt of a Conversion Notice from the Holder, which cannot be fully satisfied as described in Section 3.6(a) above, a notice of the Maker’s inability to fully satisfy the Conversion Notice (the “Inability to Fully Convert Notice”).
Capitalized terms used but not defined in this Conversion Notice shall have the meanings specified in the Note.
We hereby give you the Conversion Notice pursuant to Section 4 of the Note that this Note has been automatically converted into ___________ shares of Class A Ordinary Shares at a price of $________1 per Ordinary Share on __________, 20____.
Notwithstanding the foregoing, if the Maker elects to prepay this Note pursuant to the provisions of this Section 1.3, the Holder shall continue to have the right to issue a Conversion Notice, or Conversion Notices, in accordance with Section 3.1 hereof, specifying the Principal Amount that the Holder will convert.
This Agreement merges and supersedes all prior and contemporaneous agreements, representations, and understandings of the parties with respect to the subject matter hereof; provided, that unless Customer has delivered a Conversion Notice, this Agreement does not merge or supersede any Prior Agreements.