Conversion and Exchange Rights. Subject to compliance with the requirements of the 1940 Act, the Trustees shall have the authority to provide that holders of Shares of any Series or Class shall have the right to convert said Shares into, or exchange said Shares for, Shares of one or more other Series or Classes of the Trust or one or more other investment companies set forth in the Prospectus with respect to such Series or Class, and that Shares of any Class of any Series shall be automatically converted into Shares of another Class of such Series, in each case in accordance with such requirements and procedures as the Trustees may establish.
Conversion and Exchange Rights. The Trustees shall have the authority to provide that holders of Shares of any class of any Series of Shares shall have the right to convert such Shares into, or to exchange such Shares for, Shares of the same or one or more other Series of Shares in accordance with such requirements and procedures as may be established by the Trustees.
Conversion and Exchange Rights. The Certificate of Designations sets forth certain rights of the holders of shares of Series A Preferred Stock to convert such shares of preferred stock into newly issued shares of Common Stock, or to exchange such shares of Series A Preferred Stock into certain shares of Newco Common Stock owned by the Company (the "EIS Exchange Right"), both on the terms and conditions set forth therein.
Conversion and Exchange Rights. The applicable prospectus supplement will describe, if applicable, the terms on which you may convert debt securities into or exchange them for common stock or other securities or property. The conversion or exchange may be mandatory or may be at your option. The prospectus supplement will describe how the number of shares of common stock or other securities or property to be received upon conversion or exchange would be calculated.
Conversion and Exchange Rights. The Company acknowledges that the Certificate of Designations sets forth certain rights of the holders of shares of Series A Preferred Stock to convert such shares of Series A Preferred Stock into newly issued shares of Company Common Stock, or to exchange such shares of Series A Preferred Stock (or shares of Company Common Stock into which such shares of Series A Preferred Stock were converted under certain specified circumstances) for certain shares of Newco Shares (the "EIS Exchange Right"), and agrees that it will not take any action which would impair such rights other than as otherwise permitted by the provisions thereof. In the event that EIS shall exercise the EIS Exchange Right, EIS shall cause to be paid to the Company, within 30 days of such exercise, an amount equal to 30.1% of the aggregate amount of the Development Funding through the date of such exercise provided to Newco (by or on behalf of the Company and EIS and their respective affiliates and subsidiaries) from and after the Initial Closing Date and prior to such exercise (plus interest on the amount so funded, from the date of the pertinent funding, at the interest rate of 10% per annum compounded semi-annually). In the event of a Required Conversion (as defined in the Certificate of Designations), the Common Stock delivered upon such conversion shall have the benefit of the EIS Exchange Right identical to that with respect to the Series A Preferred Stock so converted and shall be evidenced by a security substantially in the form of Exhibit F.
Conversion and Exchange Rights. (a) Series B Preferred Units. The holders of Series B Preferred Units shall be entitled to convert Series B Preferred Units into Common OP Units or exchange Series B Preferred Units for shares of the General Partner's common stock, at their option, on the following terms and subject to the following conditions:
Conversion and Exchange Rights. The debt securities of any series may be convertible into or exchangeable for other securities of our company or another issuer or property or cash on the terms and subject to the conditions set forth in the applicable prospectus supplement. (Section 301).
Conversion and Exchange Rights. (i) Subject to compliance with the requirements of the 1940 Act, the Trustees shall have the authority to provide (A) that holder of Shares of any Series shall have the right to exchange such Shares for Shares of any other investment company registered as such under the 9140 Act and designated for that purpose (an "Eligible Investment Company" in the Trust's Prospectus for the Shares being exchanged, (B) that holders of any Class of Shares of a Series shall have the right to convert such Shares ("Converted Shares" into, or exchange such Shares for, Shares of one or more other Classes of such Series ("Resulting Shares") and (C) that Shares of any Class of a Series shall be automatically converted into Shares of another Class of such Series, in each case in accordance with such requirements and procedures as the Trustees may establish.
Conversion and Exchange Rights. The Company acknowledges that the Charter sets forth certain rights of the holders of the Shares to convert the Shares into newly issued shares of Acusphere Common Stock and that the Exchange Agreement sets forth certain rights of the holders of the Series G Preferred Stock to exchange such shares of Series G Preferred Stock (or shares of Acusphere Common Stock into which such shares of Series G Preferred Stock were converted under certain specified circumstances) for certain shares of Newco Stock (the "EIS Exchange Right"), and agrees that it will not take any action which would impair such rights other than as otherwise permitted by the provisions thereof. In the event that EIS shall exercise the EIS Exchange Right, EIS shall cause to be paid to Acusphere, within 30 days of such exercise, an amount equal to the incremental percentage of the outstanding share capital of Newco obtained by EIS pursuant to the exercise of the EIS Exchange Right of the aggregate amount of the Development Funding through the date of such exercise provided by each of the parties to Newco in accordance with the terms hereof (plus accrued and unpaid interest on the applicable portion of the Note), from and after the date hereof and until the date of such exercise (the "Make-Whole Amount"). EIS may pay such amount, at its option, either (i) in cash or (ii) by offset against the amount payable under the Note or a combination of (i) and (ii).
Conversion and Exchange Rights. The Certificate of Designation sets forth certain rights of the holders of shares of Series B Preferred Stock to convert such shares of preferred stock into newly issued shares of Common Stock, or to exchange such shares of Series B Preferred Stock into (i) the shares of HepaSense Preferred Shares owned by the Company or (ii) if the HepaSense Preferred Shares issued to the Company on the date hereof are converted into HepaSense Common Shares, the HepaSense Common Shares received upon such conversion (the "EIS Exchange Right"), both on the terms and conditions set forth therein.
