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 Warrants and all obligations under the Warrants or the 2023 Agreement shall cease and be of no further force or effect.

Appears in 2 contracts

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