Common use of Conversion Shares Clause in Contracts

Conversion Shares. The Company shall duly reserve Conversion Shares for issuance upon conversion of the Series E Shares, which Conversion Shares, upon issuance in accordance with the terms of the Restated Memorandum and Articles, will be duly and validly issued, fully-paid, and non-assessable and will be free of restrictions on transfer and other Encumbrances.

Appears in 4 contracts

Samples: Share Purchase Agreement (Xunlei LTD), Share Purchase Agreement (Xunlei LTD), Share Purchase Agreement (Xunlei LTD)

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Conversion Shares. The Company shall duly reserve Conversion Shares for issuance upon conversion of the Series E D Shares, which Conversion Shares, upon issuance in accordance with the terms of the Restated Memorandum and Articles, will be duly and validly issued, fully-paid, and non-assessable and will be free of restrictions on transfer and other Encumbrances.

Appears in 2 contracts

Samples: Share Purchase Agreement (Xunlei LTD), Share Purchase Agreement (Xunlei LTD)

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