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From their perspective, requiring the loan (plus interest) to convert automatically into shares of common stock (or a new series of preferred stock) upon a default arguably rewards the founders and removes the significant leverage and rights the noteholders would have as creditors of the startup.
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Scientific knowledge of MOA today is simply too advanced to support undue reliance upon a default-driven system for evaluating carcinogenic or non-carcinogenic risks to humans.
In other words, precaution is not imposed upon commercial interests as a default position; instead, hazards and risks are defined by government on a case-by-case basis.
A short study duration may or may not be appropriate depending upon the goal of therapy, but is frequently a default due to constraints of cost and time.
The software will try to connect to proxy servers and will open a default web page in your default browser upon successful connection.
It's a default.
"It was like a default.
There is a default position.
He was a default position.
Picking a Default Printer Q.
Dollar's a default position.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com