Conversion Securities definition

Conversion Securities has the meaning set forth in Section 4.08(b).

Conversion Securities means the shares of Common Stock issuable upon conversion of this Note in accordance with Sections 5.1 and 5.2(d).

Conversion Securities means this Instrument or any Conversion Shares issuable upon exercise of the conversion rights under this Instrument, in whole or in part.

Examples of Conversion Securities in a sentence

• The Holder represents that it is acquiring the Note and the Conversion Securities (collectively, the “Securities”) solely for its own account and beneficial interest for investment and not for sale or with a view to distribution of the Securities or any part thereof, has no present intention of selling (in connection with a distribution or otherwise), granting any participation in, or otherwise distributing the same, and does not presently have reason to anticipate a change in such intention.

• No person has any right of first refusal or any preemptive rights in connection with the issuance of the Notes, the Warrants or Conversion Securities or any future issuances of securities by the Company.

• The execution, delivery and performance of and compliance with this Agreement, the Notes or the Warrants by the Company, and the issuance and sale of the Conversion Securities, will not result in any violation of the Certificate of Incorporation or Bylaws of the Company or in any violation of or default in any material respect under the terms of any mortgage, indenture, contract, agreement, instrument, judgment or decree.

• The Company need not register a transfer of any legended Note, Warrant or Conversion Securities, and may also instruct its transfer agent not to register the transfer of the Notes, Warrants or Conversion Securities, unless the conditions specified in each of the foregoing legends are satisfied.

• The Payor covenants that all Conversion Securities that shall be so issued shall be duly authorized, validly issued, fully paid and non-assessable by the Payor, not subject to any preemptive rights, and free from any taxes, liens and charges with respect to the issue thereof.

More Definitions of Conversion Securities

Conversion Securities means Common Stock or Subsequent Round Securities, as applicable.

Conversion Securities means the Common Stock or other securities or property purchasable on the exercise of the Warrants.

Conversion Securities means the securities delivered on conversion of Securities (or any securities successor thereto), together with any securities successor thereto to those so delivered on conversions.

Conversion Securities means the securities into which the Note is convertible, and any securities issuable upon conversion or exercise thereof.

Conversion Securities means any security, share, obligation, promissory note, option, warrant or any other debt, equity or other instrument into which any Exchange Shares has been converted or exercised into, or which are provided to any Osprey Party under or in respect of any such Exchange Shares, in each case, on and from the Original Call Option Date until the settlement of the relevant exercise of the Option hereunder in respect of the Exchange Shares (including, without limitation, the Exchange Shares and Related Rights), including in each case any Option Interest.

Conversion Securities means such securities of the Company issuable upon a Mandatory Conversion of this Note in connection with the occurrence of a Qualified Financing.

Conversion Securities means the Class A Ordinary Shares or the ADSs upon conversion of the Convertible Securities held by such holder in accordance with the terms of the Notes and/or the Certificate of Designation.