Convertible Note Subscription Agreements definition
Examples of Convertible Note Subscription Agreements in a sentence
The representations and warranties set forth in the Indenture and Section 3 of those certain Convertible Note Subscription Agreements by and between Galata Acquisition Corp.
Notwithstanding the foregoing termination and for the avoidance of doubt, the Convertible Note Subscription Agreements entered into between the Company and the Purchaser with respect to all of the Initial Payments shall remain in full force and effect.
This Agreement shall become effective upon the closing of the convertible notes pursuant to the terms and conditions of the Convertible Note Subscription Agreements dated as the date hereof.
The Company may not accept this subscription until it has received minimum subscription payments in an aggregate amount of $250,000, accompanied by satisfactorily completed and executed Convertible Note Subscription Agreements, in the same form as this Agreement, from Accredited Investors.
This Convertible Note is being issued in connection with an interim debt financing of the Company by Lender and other lenders in an amount of up to $5,500,000 in order to facilitate a Qualified Equity Financing or the achievement of Positive FCFO, pursuant to the terms of certain Convertible Note Subscription Agreements (each a “Note Subscription Agreement” and collectively the “Note Subscription Agreements”).
The Company may, but shall not be obligated to, effect the closing of this offering (the "Closing") by simultaneously accepting subscription payments, and executing the accompanying Convertible Note Subscription Agreements and the Note.