Share Coverage. The Issuer shall ensure that is has reserved and available exclusively for the Issuer in case of the conversion of any Notes, at all times when Notes are outstanding, a number of shares (reserved treasury shares and reserved unissued shares from conditional share capital) equal to 150% of the outstanding aggregate principal amount converted into CHF using the Noteholder's Rate of Exchange divided by the applicable Conversion Price B.
Appears in 2 contracts
Sources: Subscription Agreement (Wisekey International Holding S.A.), Subscription Agreement (Wisekey International Holding S.A.)