Define: Converting Securities
this Safe and other convertible securities issued by the Company, including but not limited to: (i) other Safes; (ii) convertible promissory notes and other convertible debt instruments; and (iii) convertible securities
this Safe and other convertible securities issued by the Company, including but not limited to: (i) other Safes; (ii) convertible promissory notes and other convertible debt instruments; and (iii) convertible securities that have the right to convert into shares of Capital Stock.
Relevant Circumstances
- When multiple convertible instruments may convert into shares of capital stock
- If conversion mechanics need to be aligned across SAFEs, notes and other securities
- Where seniority or preference treatment differs by instrument type