Conversion Right definition

Conversion Right has the meaning set forth in Section 4.05(a) hereof.
Conversion Right shall have the meaning set forth in Section 8.7.A.
Conversion Right has the meaning set forth in Section 8.7(a).

Examples of Conversion Right in a sentence

  • In light of the foregoing, the Directors consider that the Convertible Loan Facilities Agreement and the transactions contemplated thereunder (including the deemed disposal of interest in Lesso Home in the event where the Conversion Right is exercised) are entered into upon normal commercial terms following arm’s length negotiations between the parties, and that the underlying terms are fair and reasonable and are in the interests of the Company and the Shareholders as a whole.

  • The issue of new Lesso Home Shares to the Lender upon the exercise of its Conversion Right will be deemed to be a disposal of interest in Lesso Home by the Company under the Listing Rules.


More Definitions of Conversion Right

Conversion Right has the meaning set forth in Section 16.9.A hereof.
Conversion Right has the meaning set forth in Section 2.2(a) of this Warrant.
Conversion Right shall have the meaning set forth in Section 4.07(a).
Conversion Right means the right of a Holder of any Note to convert such Note into Conversion Shares.
Conversion Right has the meaning set forth in Section 6(a)(i).
Conversion Right has the meaning set forth in Section 2.2 hereof.
Conversion Right has the meaning provided in Condition 6(a).