Common use of Subscription for Less than Entitlement Clause in Contracts

Subscription for Less than Entitlement. In the event of any partial conversion of this Note, the Investor, upon conversion thereof, will be entitled to receive a new Note in respect of the balance of the principal amount which remains due and unconverted.

Appears in 2 contracts

Sources: Convertible Note (CYREN Ltd.), Convertible Note (CYREN Ltd.)