{"component": "clause", "props": {"groups": [{"size": 9, "snippet_links": [{"key": "the-holder", "type": "clause", "offset": [3, 13]}, {"key": "to-exercise", "type": "clause", "offset": [22, 33]}, {"key": "rights-hereunder", "type": "clause", "offset": [49, 65]}, {"key": "notice-to-the-company", "type": "clause", "offset": [118, 139]}, {"key": "applicable-notice-period", "type": "definition", "offset": [151, 175]}, {"key": "pursuant-to-section", "type": "definition", "offset": [176, 195]}, {"key": "the-company-shall", "type": "clause", "offset": [209, 226]}, {"key": "necessary-and-appropriate-actions", "type": "clause", "offset": [236, 269]}, {"key": "to-convert", "type": "clause", "offset": [294, 304]}, {"key": "applicable-portion", "type": "definition", "offset": [309, 327]}, {"key": "amount-owing", "type": "definition", "offset": [357, 369]}, {"key": "this-note", "type": "clause", "offset": [376, 385]}, {"key": "the-conversion-shares", "type": "clause", "offset": [391, 412]}, {"key": "note-to", "type": "definition", "offset": [468, 475]}], "samples": [{"hash": "gVKAKFv4cGo", "uri": "/contracts/gVKAKFv4cGo#conversion-process", "label": "Convertible Note Purchase Agreement (GIGAMEDIA LTD)", "score": 33.3230667114, "published": true}, {"hash": "ceHQRjTBzIx", "uri": "/contracts/ceHQRjTBzIx#conversion-process", "label": "Convertible Note Purchase Agreement (GIGAMEDIA LTD)", "score": 33.3230667114, "published": true}, {"hash": "287HIdKdWEg", "uri": "/contracts/287HIdKdWEg#conversion-process", "label": "Convertible Note Purchase Agreement (GIGAMEDIA LTD)", "score": 33.3230667114, "published": true}], "snippet": "If the Holder decides to exercise the conversion rights hereunder, the Holder shall send a written conversion request notice to the Company during the applicable notice period pursuant to Section 4(b) hereof. The Company shall take all necessary and appropriate actions as promptly as possible to convert the applicable portion of the outstanding Principal Amount owing under this Note into the Conversion Shares. Upon such conversion, the Holder shall surrender this Note to the Company.", "hash": "bec56d85b80ce38c729c17f85f8d2d42", "id": 1}, {"size": 3, "snippet_links": [{"key": "linked-data", "type": "definition", "offset": [101, 112]}, {"key": "conversion-of", "type": "clause", "offset": [158, 171]}, {"key": "number-of", "type": "definition", "offset": [243, 252]}, {"key": "the-process", "type": "clause", "offset": [269, 280]}, {"key": "based-on", "type": "definition", "offset": [332, 340]}, {"key": "table-6", "type": "clause", "offset": [442, 449]}, {"key": "according-to", "type": "definition", "offset": [476, 488]}, {"key": "to-apply", "type": "clause", "offset": [800, 808]}, {"key": "the-source", "type": "clause", "offset": [845, 855]}, {"key": "table-4", "type": "clause", "offset": [979, 986]}, {"key": "information-from", "type": "clause", "offset": [1022, 1038]}, {"key": "separate-files", "type": "definition", "offset": [1069, 1083]}, {"key": "the-information", "type": "clause", "offset": [1108, 1123]}, {"key": "table-of", "type": "clause", "offset": [1194, 1202]}, {"key": "the-requirements", "type": "clause", "offset": [1321, 1337]}, {"key": "not-mandatory", "type": "clause", "offset": [1437, 1450]}, {"key": "availability-of", "type": "clause", "offset": [1887, 1902]}, {"key": "continued-support", "type": "clause", "offset": [1924, 1941]}, {"key": "reliance-on", "type": "clause", "offset": [2046, 2057]}, {"key": "software-development", "type": "definition", "offset": [2170, 2190]}, {"key": "necessary-tools", "type": "clause", "offset": [2266, 2281]}, {"key": "source-code", "type": "clause", "offset": [2318, 2329]}, {"key": "provide-a", "type": "definition", "offset": [2358, 2367]}, {"key": "user-interface", "type": "definition", "offset": [2375, 2389]}, {"key": "an-update-of-the", "type": "clause", "offset": [2557, 2573]}, {"key": "the-final", "type": "clause", "offset": [2595, 2604]}, {"key": "the-foregoing", "type": "definition", "offset": [2665, 2678]}, {"key": "query-information", "type": "definition", "offset": [2820, 2837]}, {"key": "availability-and-support", "type": "clause", "offset": [2967, 2991]}, {"key": "the-standard", "type": "clause", "offset": [3305, 3317]}, {"key": "web-applications", "type": "definition", "offset": [3350, 3366]}, {"key": "the-data", "type": "clause", "offset": [3392, 3400]}, {"key": "input-and-output", "type": "clause", "offset": [3425, 3441]}, {"key": "comply-with", "type": "clause", "offset": [3892, 3903]}, {"key": "table-7", "type": "definition", "offset": [3946, 3953]}, {"key": "mandatory-requirements", "type": "clause", "offset": [4411, 4433]}, {"key": "to-convert", "type": "clause", "offset": [4453, 4463]}], "samples": [{"hash": "4vUBvXL633J", "uri": "/contracts/4vUBvXL633J#conversion-process", "label": "Digital Thesauri as Semantic Treasure Troves: A Linguistic Linked Data Approach to 'A Thesaurus of Old English'", "score": 32.1409568787, "published": true}, {"hash": "ivi6GWhXLWK", "uri": "/contracts/ivi6GWhXLWK#conversion-process", "label": "Digital Thesauri as Semantic Treasure Troves: A Linguistic Linked Data Approach to 'A Thesaurus of Old English'", "score": 25.6981525421, "published": true}, {"hash": "gVdKJYaJWiz", "uri": "/contracts/gVdKJYaJWiz#conversion-process", "label": "Digital Thesauri as Semantic Treasure Troves: A Linguistic Linked Data Approach to \"A Thesaurus of Old English\"", "score": 25.6981525421, "published": true}], "snippet": "Free digital tools already exist that facilitate a transformation from data in a tabular format to a linked data form. In selecting appropriate tools for the conversion of TOE from its legacy form to its desired linguistic linked data form, a number of requirements on the process need to be taken into account. These requirements, based on the premise that conversions ought to be reproducible by scholars with minimal effort, are listed in Table 6 and have been categorized according to priority 9 . Two requirements are mandatory, since these ensure an accurate conversion. The first is that the conversion process must accept tabular input either in an Excel spreadsheet or CSV format and provide transformed output in the RDF format (M1). The second requirement is that the process must be able to apply logic that relates the structure of the source to terminology from the desired linked data vocabularies (M2). The conversion logic for the TOE data has been described in Table 4. This logic also demands combining information from multiple tables, available in separate files. To illustrate, most of the information for lexical entries according to OntoLex-Lemon is found in the lexeme table of TOE. The part of speech of such an entry, however, is registered in another table of TOE: the category table. Next to the requirements that are mandatory, three others have been formulated to which the process should adhere. Although not mandatory for an accurate outcome, these three requirements are geared towards increasing the maintainability and user- friendliness of the process. Firstly, the process should accept conversion logic in a form that has been standardized and is application-independent (S1). The alternative \u2013 relying on a format specific to a single tool \u2013 would limit the applicability, understandability, and reusability of the captured logic. Considering the availability of specific tooling and continued support from its creators are by no means guaranteed (as indeed seen for a number of conversion tools)10, great reliance on a single tool should be avoided. Secondly, the process should be executable by scholars without a background in software development (S2). To be more specific, it should be possible to obtain and install the necessary tools without first having to compile the source code. Moreover, the tools should provide a visual user interface rather than only a command- line execution mechanism. Lastly, the conversion process should be automatable so that it can be performed again with minimal effort after an update of the thesaurus data (S3). The final requirement for the process, assigned a lower priority than the foregoing ones, is meant to facilitate deploying and utilizing the resulting linguistic linked data. Web- based platforms will be able to retrieve and query information from a thesaurus if its 9 The requirement prioritization follows the MoSCoW principles, developed by \u2587\u2587\u2587 \u2587\u2587\u2587\u2587\u2587 et al. (1994). 10 Availability and support for the tools AnnoCultor, Aperture, and NOR2O have been discontinued. conversion output has been stored in a database that facilitates access for linked data technology (C1). A database for linked data content is called a triplestore. Triplestores typically allow accessing their stored content via queries using the standard querying language SPARQL, which web applications can use to interact with the data. 173 M1 Accept required input and output formats M2 Apply required logic for conversion S1 Employ standardized form for logic S2 Allow for scholars to perform each step S3 Allow for automation of all steps involved C1 Store output in a triplestore with a query endpoint Table 6: Requirements on the conversion process, categorized according to priority The W3C provides a convenient overview of a number of tools that convert data into RDF (ConverterToRdf). Eighteen free tools listed there comply with requirement M1. These tools are listed in Table 7. Five of them appear to be discontinued, that is, they are no longer maintained or offered for download. Nine others do not comply with M2, either because they do not allow applying logic other than their default (Apache Any23) or because they cannot combine information from tables found in separate input files (RDF123; RDF Refine; csv2rdf4lod; Anzo for Excel; TabLinker; Excel2rdf; Sheet2RDF; Spread2RDF). The remaining four tools, then, conform to both mandatory requirements and should be able to convert the TOE legacy form into a linguistic linked data form. These tools are Datalift, Tarql, Virtuoso Sponger, and XLWrap. One of the four remaining candidate tools for converting TOE data fails to meet requirement S1. This tool, XLWrap, defines its own form for capturing conversion logic, rather than using a standardized form (Langegger, 2017). A number of standardized forms for capturing conversion logic have been recommended by W3C. Two of these are specifically intended for logic converting tabular data into RDF: CSVW and R2RML. Unfortunately, these two forms are unsuitable for the conversion of TOE. The former cannot be used to combine information from multiple input files. The latter facilitates only relational databases as input and cannot be applied to Excel or CSV files. In fact, the three remaining tools \u2013 Datalift, Tarql, and Virutoso Sponger \u2013 facilitate transformations utilizing another logic form: SPARQL. This query language, standardized by W3C, allows selecting patterns from an RDF source and constructing new RDF data that adheres to desired patterns.", "hash": "a406394bd203f84971675182d1049100", "id": 2}, {"size": 3, "snippet_links": [{"key": "in-the-event-of", "type": "clause", "offset": [0, 15]}, {"key": "conversion-of-this-note", "type": "clause", "offset": [20, 43]}, {"key": "pursuant-to", "type": "definition", "offset": [44, 55]}, {"key": "section-8", "type": "definition", "offset": [61, 70]}, {"key": "agrees-to", "type": "clause", "offset": [83, 92]}, {"key": "form-of-notice-of-conversion", "type": "definition", "offset": [153, 181]}, {"key": "borrower-shall", "type": "clause", "offset": [191, 205]}, {"key": "promptly-following", "type": "clause", "offset": [239, 257]}, {"key": "in-no-event", "type": "clause", "offset": [277, 288]}, {"key": "delivery-of", "type": "clause", "offset": [326, 337]}, {"key": "number-of", "type": "definition", "offset": [440, 449]}, {"key": "fully-paid", "type": "clause", "offset": [450, 460]}, {"key": "shares-of-common-stock", "type": "clause", "offset": [480, 502]}, {"key": "to-the-extent", "type": "clause", "offset": [525, 538]}, {"key": "amounts-owing", "type": "clause", "offset": [543, 556]}, {"key": "to-holder", "type": "definition", "offset": [609, 618]}, {"key": "equal-to", "type": "definition", "offset": [637, 645]}, {"key": "principal-balance", "type": "clause", "offset": [666, 683]}, {"key": "fractional-share", "type": "clause", "offset": [729, 745]}], "samples": [{"hash": "gX6de4XtmFe", "uri": "/contracts/gX6de4XtmFe#conversion-process", "label": "Secured Convertible Promissory Note and Security Agreement (Mullen Automotive Inc.)", "score": 31.8021907806, "published": true}, {"hash": "iLLxXkFSI70", "uri": "/contracts/iLLxXkFSI70#conversion-process", "label": "Secured Convertible Promissory Note and Security Agreement (Mullen Automotive Inc.)", "score": 31.4681720734, "published": true}, {"hash": "kJiKv6Toz0C", "uri": "/contracts/kJiKv6Toz0C#conversion-process", "label": "Secured Convertible Promissory Note and Security Agreement (Net Element, Inc.)", "score": 30.553730011, "published": true}], "snippet": "In the event of the conversion of this Note pursuant to this Section 8: (i) Lender agrees to surrender this Note for conversion and deliver the attached form of notice of conversion and (ii) Borrower shall, at its sole cost and reasonably promptly following such delivery (but in no event later than three business days after delivery of those items referenced in Section 8(b)(i)), issue and deliver certificates representing the requisite number of fully paid and non-assessable shares of common stock and any balance note (to the extent all amounts owing under this Note are not so converted) and shall pay to Holder cash in an amount equal to that portion of the principal balance, if any, that would otherwise convert into a fractional share of common stock pursuant to this Section 8.", "hash": "bdbd8a1d6e10e5e845953455a3d07097", "id": 3}, {"size": 3, "snippet_links": [{"key": "voting-ordinary-shares", "type": "definition", "offset": [25, 47]}, {"key": "to-convert", "type": "clause", "offset": [66, 76]}, {"key": "any-non", "type": "clause", "offset": [77, 84]}, {"key": "the-certificate", "type": "clause", "offset": [162, 177]}, {"key": "duly-endorsed", "type": "clause", "offset": [213, 226]}, {"key": "the-principal", "type": "clause", "offset": [231, 244]}, {"key": "office-of-the-company", "type": "clause", "offset": [255, 276]}, {"key": "registered-office", "type": "definition", "offset": [284, 301]}, {"key": "the-non", "type": "clause", "offset": [315, 322]}, {"key": "notice-to-the-company", "type": "clause", "offset": [371, 392]}, {"key": "regular-business-hours", "type": "definition", "offset": [401, 423]}, {"key": "conversion-election", "type": "definition", "offset": [467, 486]}, {"key": "form-satisfactory", "type": "clause", "offset": [491, 508]}, {"key": "the-ordinary-shares", "type": "clause", "offset": [625, 644]}, {"key": "entry-form", "type": "definition", "offset": [831, 841]}, {"key": "issued-in", "type": "definition", "offset": [983, 992]}, {"key": "written-instrument", "type": "definition", "offset": [1132, 1150]}, {"key": "instruments-of-transfer", "type": "clause", "offset": [1154, 1177]}, {"key": "by-the-holder", "type": "clause", "offset": [1230, 1243]}], "samples": [{"hash": "czJU2OwE97z", "uri": "/contracts/czJU2OwE97z#conversion-process", "label": "Share Purchase Agreement (Structure Therapeutics Inc.)", "score": 34.8754272461, "published": true}], "snippet": "Before any holder of Non-Voting Ordinary Shares shall be entitled to convert any Non-Voting Ordinary Shares into Ordinary Shares, such holder shall (A) surrender the certificate or certificates therefor (if any), duly endorsed, at the principal corporate office of the Company or the registered office provider for the Non-Voting Ordinary Shares, and (B) provide written notice to the Company, during regular business hours at its principal corporate office, of such conversion election (in form satisfactory to the Company) and shall state therein the name or names (i) in which the certificate or certificates representing the Ordinary Shares into which the Non-Voting Ordinary Shares are so converted are to be issued (if such Ordinary Shares are certificated) or (ii) in which such Ordinary Shares are to be registered in book-entry form (if such Ordinary Shares are uncertificated). If the Ordinary Shares into which the Non-Voting Ordinary Shares are to be converted are to be issued in a name or names other than the name of the holder of the Non-Voting Ordinary Shares being converted, such notice shall be accompanied by a written instrument or instruments of transfer, in form satisfactory to the Company, duly executed by the holder. \u200b \u200b \u200b", "hash": "27ccba12717d16de34f5b697b43faae2", "id": 4}, {"size": 2, "snippet_links": [{"key": "the-lender", "type": "clause", "offset": [0, 10]}, {"key": "fractional-shares", "type": "clause", "offset": [33, 50]}, {"key": "borrower-will", "type": "clause", "offset": [59, 72]}, {"key": "repayment-of", "type": "clause", "offset": [91, 103]}, {"key": "accrued-interest", "type": "clause", "offset": [132, 148]}, {"key": "section-53", "type": "clause", "offset": [185, 196]}], "samples": [{"hash": "7v3elPvKDVK", "uri": "/contracts/7v3elPvKDVK#conversion-process", "label": "Convertible Loan Agreement", "score": 31.3408622742, "published": true}, {"hash": "5V8RzUPxbO2", "uri": "/contracts/5V8RzUPxbO2#conversion-process", "label": "Convertible Loan Agreement (Conor Medsystems Inc)", "score": 19.0, "published": true}], "snippet": "The Lender shall not receive any fractional shares and the Borrower will remain liable for repayment of any balance of Principal or accrued interest not converted to shares pursuant to Section 5.3.", "hash": "bb21f1cdcc4a8f46a3dfe6931991db78", "id": 5}, {"size": 2, "snippet_links": [{"key": "where-an-employee", "type": "clause", "offset": [0, 17]}, {"key": "time-employment", "type": "clause", "offset": [55, 70]}, {"key": "under-clause", "type": "clause", "offset": [71, 83]}, {"key": "the-employee", "type": "clause", "offset": [102, 114]}, {"key": "weekly-hours", "type": "definition", "offset": [125, 137]}, {"key": "the-provisions-of", "type": "clause", "offset": [266, 283]}, {"key": "clause-16", "type": "clause", "offset": [284, 293]}, {"key": "employee-will", "type": "clause", "offset": [431, 444]}, {"key": "letter-of-appointment", "type": "clause", "offset": [464, 485]}, {"key": "acceptance-or-approval", "type": "clause", "offset": [508, 530]}, {"key": "setting-out", "type": "clause", "offset": [552, 563]}, {"key": "employment-arrangements", "type": "definition", "offset": [576, 599]}, {"key": "hours-of-work", "type": "clause", "offset": [611, 624]}, {"key": "the-employer", "type": "definition", "offset": [680, 692]}], "samples": [{"hash": "goWXq2bCAke", "uri": "/contracts/goWXq2bCAke#conversion-process", "label": "Enterprise Agreement", "score": 31.561466217, "published": true}, {"hash": "gjqSNZDGbtt", "uri": "/contracts/gjqSNZDGbtt#conversion-process", "label": "Biomedical Engineers (Victorian Public Sector) Enterprise Agreement 2022 2023", "score": 31.3579730988, "published": true}], "snippet": "Where an Employee converts from casual to full or part-time employment under clause 20.1 or 20.2:\n(a) the Employee\u2019s minimum weekly hours will be 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Investor must (i) complete and sign a conversion notice substantially in the form attached hereto as Annex I, (ii) surrender the Note to the Company, (iii) furnish appropriate endorsements or transfer documents if required by the Company and (iv) pay any transfer or similar tax, if required. By converting this Note, the Investor shall be deemed to be confirming the accuracy of the representations and warranties set forth in Sections 7(d) and (e) of the Purchase Agreement with respect to such Investor as of the date the conversion notice is submitted to the Company. In the case of a conversion by the Investor of less than the entire unpaid principal balance of this Note (together with all accrued and unpaid interest thereon) for the Common Stock, the Company shall cancel this Note and execute and deliver a new Note of like tenor for the balance of the unpaid principal balance upon the date of such conversion. Upon the conversion of all or a portion of this Note (together with all accrued and unpaid interest thereon) for Common Stock, the obligations of the Company under this Note shall be satisfied to the extent the Note is so converted.", "hash": "f53c4f3b1390c3dbd87d82bae2dc44d4", "id": 7}, {"size": 1, "snippet_links": [{"key": "in-accordance-with", "type": "definition", "offset": [4, 22]}, {"key": "the-conversion", "type": "clause", "offset": [23, 37]}, {"key": "set-out", "type": "definition", "offset": [47, 54]}, {"key": "pelawan-spv", "type": "definition", "offset": [65, 76]}, {"key": "preference-share-terms", "type": "definition", "offset": [88, 110]}, {"key": "terms-and", "type": "clause", "offset": [156, 165]}, {"key": "conversion-implementation-agreement", "type": "definition", "offset": [170, 205]}, {"key": "market-value", "type": "definition", "offset": [211, 223]}, {"key": "common-shares", "type": "clause", "offset": [239, 252]}, {"key": "inter-alia", "type": "clause", "offset": [268, 278]}, {"key": "number-of", "type": "definition", "offset": [290, 299]}, {"key": "preference-shares", "type": "clause", "offset": [303, 320]}, {"key": "shares-to-be-converted", "type": "clause", "offset": [339, 361]}, {"key": "converted-shares", "type": "definition", "offset": [377, 393]}, {"key": "preference-dividend", "type": "definition", "offset": [439, 458]}, {"key": "in-respect-of", "type": "definition", "offset": [536, 549]}, {"key": "if-applicable", "type": "definition", "offset": [601, 614]}, {"key": "additional-number", "type": "definition", "offset": [630, 647]}, {"key": "subscription-shares", "type": "definition", "offset": [661, 680]}, {"key": "cash-proceeds", "type": "definition", "offset": [768, 781]}, {"key": "conversion-of", "type": "clause", "offset": [848, 861]}, {"key": "ordinary-shares", "type": "clause", "offset": [898, 913]}, {"key": "payment-of", "type": "clause", "offset": [975, 985]}, {"key": "subsequent-subscription", "type": "definition", "offset": [1044, 1067]}], "samples": [{"hash": "2IoivnMrCDL", "uri": "/contracts/2IoivnMrCDL#conversion-process", "label": "Forward Sale Agreement (Anooraq Resources Corp)", "score": 21.0, "published": true}], "snippet": "3.1 In accordance with the Conversion formulae set out under the Pelawan SPV Plateau B2 Preference Share Terms, the Pelawan SPV Plateau B3 Preference Share Terms and the Conversion Implementation Agreement, the Market Value of the Anooraq Common Shares will determine inter alia:\n3.1.1 the number of B2 Preference Shares and B3 Preference Shares to be Converted into Plateau 2 Converted Shares and Plateau 3 Converted Shares;\n3.1.2 the B2 Preference Dividend and B3 Preference Dividend to be declared and paid by Plateau to Pelawan SPV in respect of the B2 Preference Shares and B3 Preference Shares, if applicable; and\n3.1.3 the additional number of Plateau 2 Subscription Shares and Plateau 3 Subscription Shares to be subscribed for by Pelawan SPV using all of the cash proceeds of the B2 Preference Dividend and B3 Preference Dividend.\n3.2 The Conversion of B2 Preference Shares into Plateau 2 Ordinary Shares and B3 Preference Shares into Plateau 3 Ordinary Shares, the payment of a B2 Preference Dividend and a B3 Preference Dividend and subsequent subscription by the Pelawan SPV for the Plateau 2 Subscription Shares and the Plateau 3 Subscription Shares, will result in Pelawan SPV holding Plateau 2 Shares and Plateau 3 Shares.", "hash": "ff2b1374530c8cad8b584cbe2c993c91", "id": 8}, {"size": 1, "snippet_links": [{"key": "trigger-event", "type": "definition", "offset": [27, 40]}, {"key": "the-note", "type": "clause", "offset": [42, 50]}, {"key": "class-b-units", "type": "definition", "offset": [84, 97]}, {"key": "same-terms-and-conditions", "type": "clause", "offset": [120, 145]}, {"key": "new-jersey-resident", "type": "definition", "offset": [166, 185]}, {"key": "the-conversion", "type": "clause", "offset": [197, 211]}, {"key": "by-the-company", "type": "clause", "offset": [233, 247]}, {"key": "the-terms-and-conditions", "type": "definition", "offset": [272, 296]}, {"key": "in-this-agreement", "type": "clause", "offset": [306, 323]}], "samples": [{"hash": "1VsKLioMEOZ", "uri": "/contracts/1VsKLioMEOZ#conversion-process", "label": "Subscription Agreement", "score": 32.9822807312, "published": true}], "snippet": "Upon the occurrence of the Trigger Event, the Note shall automatically convert into Class B Units in the Company at the same terms and conditions as those offered to New Jersey resident investors. The conversion shall be facilitated by the Company and shall be subject to the terms and conditions outlined in this agreement.", "hash": "2ff2913525a6d2ba7b51fe05d74f0015", "id": 9}, {"size": 1, "snippet_links": [{"key": "to-request", "type": "clause", "offset": [30, 40]}, {"key": "exercise-period", "type": "clause", "offset": [78, 93]}, {"key": "send-to", "type": "definition", "offset": [95, 102]}, {"key": "target-a", "type": "definition", "offset": [107, 115]}, {"key": "written-notice", "type": "definition", "offset": [116, 130]}, {"key": "the-conversion", "type": "clause", "offset": [142, 156]}, {"key": "conversion-notice", "type": "definition", "offset": [159, 176]}, {"key": "investment-funds", "type": "clause", "offset": [215, 231]}, {"key": "other-key-terms", "type": "clause", "offset": [338, 353]}, {"key": "equity-stake", "type": "clause", "offset": [416, 428]}, {"key": "company-in", "type": "clause", "offset": [440, 450]}, {"key": "with-respect-to", "type": "clause", "offset": [518, 533]}, {"key": "days-after", "type": "definition", "offset": [581, 591]}, {"key": "capital-increase", "type": "clause", "offset": [647, 663]}, {"key": "conversion-agreement", "type": "definition", "offset": [668, 688]}, {"key": "entered-into", "type": "clause", "offset": [698, 710]}, {"key": "other-related-persons", "type": "definition", "offset": [761, 782]}, {"key": "the-other-hand", "type": "clause", "offset": [822, 836]}, {"key": "provisions-of-this-agreement", "type": "clause", "offset": [854, 882]}, {"key": "the-terms-and-conditions", "type": "definition", "offset": [887, 911]}, {"key": "by-the-parties", "type": "clause", "offset": [941, 955]}, {"key": "necessary-for", "type": "definition", "offset": [1077, 1090]}, {"key": "in-connection-with", "type": "clause", "offset": [1107, 1125]}, {"key": "of-change", "type": "clause", "offset": [1180, 1189]}, {"key": "registration-authority", "type": "clause", "offset": [1225, 1247]}, {"key": "each-case", "type": "definition", "offset": [1418, 1427]}, {"key": "in-accordance-with", "type": "definition", "offset": [2164, 2182]}, {"key": "applicable-laws-and-regulations", "type": "clause", "offset": [2187, 2218]}, {"key": "the-country", "type": "definition", "offset": [2222, 2233]}, {"key": "the-registration", "type": "clause", "offset": [2279, 2295]}, {"key": "in-the-process", "type": "definition", "offset": [2453, 2467]}, {"key": "the-funds", "type": "clause", "offset": [2542, 2551]}, {"key": "capital-verification", "type": "clause", "offset": [2569, 2589]}, {"key": "for-other-purposes", "type": "clause", "offset": [2646, 2664]}, {"key": "funds-in", "type": "definition", "offset": [2735, 2743]}, {"key": "to-exercise", "type": "clause", "offset": [2777, 2788]}, {"key": "right-of-conversion", "type": "clause", "offset": [2793, 2812]}, {"key": "right-to", "type": "definition", "offset": [2880, 2888]}, {"key": "require-the", "type": "clause", "offset": [2889, 2900]}, {"key": "to-repay", "type": "clause", "offset": [2908, 2916]}, {"key": "loan-funds", "type": "definition", "offset": [2949, 2959]}, {"key": "period-of-time", "type": "clause", "offset": [3005, 3019]}, {"key": "to-pay", "type": "clause", "offset": [3070, 3076]}, {"key": "by-the-investor", "type": "clause", "offset": [3144, 3159]}, {"key": "the-acquisition", "type": "clause", "offset": [3370, 3385]}, {"key": "share-capital", "type": "clause", "offset": [3389, 3402]}, {"key": "the-parties-agree-that", "type": "clause", "offset": [3442, 3464]}, {"key": "the-rights-and-obligations", "type": "clause", "offset": [3489, 3515]}, {"key": "a-shareholder", "type": "definition", "offset": [3519, 3532]}, {"key": "conversion-date", "type": "definition", "offset": [3574, 3589]}, {"key": "the-laws", "type": "definition", "offset": [3609, 3617]}, {"key": "the-articles-of-association", "type": "definition", "offset": [3697, 3724]}, {"key": "the-investment-agreement", "type": "clause", "offset": [3758, 3782]}, {"key": "other-transaction-documents", "type": "definition", "offset": [3788, 3815]}, {"key": "the-guarantors", "type": "clause", "offset": [3846, 3860]}, {"key": "joint-and-several", "type": "clause", "offset": [3954, 3971]}, {"key": "the-indebtedness", "type": "clause", "offset": [3991, 4007]}, {"key": "obligations-and-liabilities", "type": "clause", "offset": [4009, 4036]}, {"key": "the-debtor", "type": "clause", "offset": [4050, 4060]}, {"key": "the-guarantee", "type": "clause", "offset": [4108, 4121]}, {"key": "contracts-between-the", "type": "clause", "offset": [4122, 4143]}, {"key": "scope-of-guarantee", "type": "clause", "offset": [4426, 4444]}, {"key": "return-of-property", "type": "clause", "offset": [4563, 4581]}, {"key": "compensation-for-losses", "type": "clause", "offset": [4589, 4612]}, {"key": "fully-satisfied", "type": "definition", "offset": [4656, 4671]}, {"key": "in-addition", "type": "clause", "offset": [4673, 4684]}, {"key": "jointly-and-severally-liable", "type": "clause", "offset": [4710, 4738]}, {"key": "indebtedness-incurred", "type": "clause", "offset": [4747, 4768]}, {"key": "satisfying-the", "type": "clause", "offset": [4786, 4800]}, {"key": "rights-of-the-investor", "type": "clause", "offset": [4865, 4887]}], "samples": [{"hash": "lwKqp8wF6gg", "uri": "/contracts/lwKqp8wF6gg#conversion-process", "label": "Convertible Loan Agreement (CASI Pharmaceuticals, Inc.)", "score": 35.2368240356, "published": true}], "snippet": "5.2.1 If the Investor intends to request any Conversion, it shall, during the Exercise Period, send to the Target a written notice requesting the Conversion (\u201cConversion Notice\u201d) which shall state the amount of the Investment Funds to be converted, name of the Investor initiating the Conversion, name of the Conversion Group Company and other key terms.\n5.2.2 Where the Investor chooses to make any Conversion into equity stake of a Group Company in China (\u201cDomestic Conversion Group Company\u201d), the following matters with respect to the Conversion shall be completed within [***] days after the date the Investor gives a Conversion Notice: (1) a capital increase and conversion agreement shall be entered into between the Domestic Conversion Group Company and other related Persons, on the one hand, and the Investor, on the other hand, pursuant to the provisions of this Agreement and the terms and conditions that may be then agreed upon by the Parties; and (2) the Domestic Conversion Group Company shall provide all such materials and execute all such documents as may be necessary for the completion, in connection with such capital increase and conversion, of registration of change with the Industrial and Commercial Registration Authority, and of other related procedures with competent administrative bodies, and shall complete such registration of change and other related procedures. The Investor shall in each case provide its cooperation.\n5.2.3 Where the Investor chooses to make any Conversion into equity stake of a Group Company outside China (\u201cOverseas Conversion Group Company\u201d), the following matters with respect to the Conversion shall be completed within [***] months after the date the Investor gives a Conversion Notice: (1) an investment and conversion agreement shall be entered into between the Overseas Conversion Group Company and other related Persons, on the one hand, and the Investor, on the other hand, pursuant to the provisions of this Agreement and the terms and conditions that may be then agreed upon by the Parties; and (2) the Overseas Conversion Group Company shall complete all procedures with respect to the investment in accordance with the applicable laws and regulations of the country in which it operates and the requirements of the registration authority. The Investor shall in each case provide its cooperation.\n5.2.4 Where the Investor chooses to make any Conversion into equity stake of the Target, in the process of capital increase and Conversion, the Target shall be solely liable for the funds required for the capital verification with respect to the Conversion and capital increase and for other purposes regarding the Conversion, and the Investor will no longer provide any funds in any way. If the Investor chooses to exercise its right of Conversion against any Group Company other than the Target, it shall have the right to require the Target to repay that portion of the Convertible Loan Funds that is intended to be converted, within the period of time in which the Conversion Group Company requires it to pay its investment funds, and the Target shall ensure that the payment by the Investor of such investment \u200b funds shall be made to the Conversion Group Company without any delay. Once such portion of the Convertible Loan Funds is repaid, the Investor shall immediately use and may only use it for the acquisition of share capital of the Conversion Group Company.\n5.2.5 The Parties agree that the Investor shall have the rights and obligations as a shareholder of the Conversion Group Company from the Conversion Date in accordance with the laws and regulations of the country in which the Conversion Group Company operates, the articles of association of the Conversion Group Company, the investment agreement, and other transaction documents regarding the Conversion.\n6.1 The Guarantors, CASI Cayman and CASI Beijing, undertake that they shall provide unconditional, irrevocable, joint and several guarantees for all the Indebtedness, obligations and liabilities hereunder of the debtor, Target, to the creditor, Investor, subject to the Guarantee Contracts between the Investor and the Guarantors, CASI Cayman and CASI Beijing.\n6.2 The Guarantors jointly agree that even if this Agreement is, in whole or in part, not formed, inoperative, invalid, revoked, rescinded, terminated or objectively impossible to be fulfilled, they shall still, within the scope of guarantee agreed herein, provide unconditional, irrevocable, joint and several guarantees for the Indebtedness arising from the return of property or the compensation for Losses, until the date such Indebtedness has been fully satisfied; in addition, the Guarantors shall be jointly and severally liable for the Indebtedness incurred by the Target in satisfying the main debts and in compensating for Losses. Article VIIImportant Rights of the Investor", "hash": "f77cd57e43112bdeef800c07fec7eae1", "id": 10}], "next_curs": "ClsSVWoVc35sYXdpbnNpZGVyY29udHJhY3RzcjcLEhZDbGF1c2VTbmlwcGV0R3JvdXBfdjU2Ihtjb252ZXJzaW9uLXByb2Nlc3MjMDAwMDAwMGEMogECZW4YACAA", "clause": {"title": "Conversion Process", "size": 43, "parents": [["conversion-rights", "Conversion Rights"], ["conversion", "Conversion"], ["early-conversion-and-prepayment", "Early Conversion and Prepayment"], ["miscellaneous", "Miscellaneous"], ["consent-to-jurisdiction-and-service-of-process", "Consent to Jurisdiction and Service of Process"]], "children": [["", ""], ["post-conversion-rights-of-the-investor", "Post-Conversion Rights of the Investor"], ["right-to-be-informed-and-right-to-inspect", "Right to be Informed and Right to Inspect"], ["investors-obligation-to-adhere-to-agreements", "Investor\u2019s obligation to adhere to agreements"], ["issue-of-conversion-shares", "Issue of Conversion Shares"]], "id": "conversion-process", "related": [["conversion-procedure", "Conversion Procedure", "Conversion Procedure"], ["conversion-procedures", "Conversion Procedures", "Conversion Procedures"], ["transaction-process", "TRANSACTION PROCESS", "TRANSACTION PROCESS"], ["conversion-procedure-settlement-upon-conversion", "Conversion Procedure; Settlement Upon Conversion", "Conversion Procedure; Settlement Upon Conversion"], ["conversion", "Conversion", "Conversion"]], "related_snippets": [], "updated": "2026-05-02T06:01:41+00:00", "also_ask": [], "drafting_tip": null, "explanation": "The Conversion Process clause outlines the procedures and requirements for converting one type of security or financial instrument into another, typically within the context of convertible notes or preferred shares. It details the steps that must be followed, such as providing notice, calculating conversion ratios, and determining the timing of the conversion. This clause ensures that all parties understand how and when a conversion can occur, thereby reducing ambiguity and facilitating a smooth transition from one form of investment to another."}, "json": true, "cursor": ""}}