Common use of Result of Conversion Clause in Contracts

Result of Conversion. Upon the conversion, the Subscriber shall not have any interest in or title to the Debt or any other right from any of SMX and any of its direct or indirect subsidiaries.

Appears in 2 contracts

Sources: Conversion and Exchange Rights Agreement (SMX (Security Matters) Public LTD Co), Conversion and Exchange Rights Agreement (SMX (Security Matters) Public LTD Co)