Common use of Cancellation of Note Clause in Contracts

Cancellation of Note. Upon the conversion of this Note pursuant to this Section 2(a), this Note shall be canceled and of no further force or effect and, Holder’s only remedy shall be to receive a certificate representing the Conversion Shares.

Appears in 3 contracts

Sources: Legal Services Agreement (Exousia Pro, Inc.), Legal Services Agreement (Software Effective Solutions, Corp.), Legal Services Agreement (Raadr, Inc.)

Cancellation of Note. Upon the conversion of this Note pursuant to this Section 2(a), this Note shall be canceled and of no further force or effect and, Holder’s only remedy shall be to receive a certificate representing the Conversion Shares.

Appears in 1 contract

Sources: Legal Services Agreement (Metavesco, Inc.)

Cancellation of Note. Upon the conversion of this Note pursuant to this Section 2(a), this Note shall be canceled and of no further force or effect and, the Holder’s only remedy shall be to receive a certificate representing the Conversion Shares.

Appears in 1 contract

Sources: Note Purchase Agreement (Kingscrowd LLC)