Example ContractsClausesdtc eligibility & market lossIdentical
Remove:

DTC Eligibility & Market Loss. If the Borrower fails to maintain its status as “DTC Eligible” for any reason, or, if the Conversion Price is less than at any time while this Note is outstanding, the principal amount of the Note shall increase by (under Holder’s and Borrower’s expectation that any principal amount increase will tack back to the Issue Date). In addition, the Variable Conversion Price shall be redefined to mean forty percent (40%) multiplied by the Market Price, subject to adjustment as provided in this Note.

CONVERTIBLE PROMISSORY NOTE
Source:SEC EDGAR databaseDate:August 15, 2018SIC:5047CIK:5047
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