Common use of Conversion of CCDs Clause in Contracts

Conversion of CCDs. 340 (Three Hundred and Forty) Series B CCDs shall be convertible into 1 (one) compulsorily convertible preference share, as and when decided by the Board of Directors of the Company.

Appears in 3 contracts

Samples: Securities Purchase Agreement (Elbit Imaging LTD), Securities Purchase Agreement (Elbit Imaging LTD), Amendment Agreement (Elbit Imaging LTD)

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Conversion of CCDs. 340 100 (Three Hundred and FortyOne Hundred) Series B A CCDs shall be convertible into 1 (one) compulsorily convertible preference share, as and when decided by the Board of Directors of the Company.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Elbit Imaging LTD), Securities Purchase Agreement (Elbit Imaging LTD)

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