Additional Conversion Shares definition

Additional Conversion Shares means the additional Conversion Shares that are issuable as a result of this Second Amended and Restated Certificate of Designation of Preferences, Rights and Limitations of Series A-1 Convertible Preferred Stock.

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Additional Conversion Shares. ’ means the Conversion Shares of up to 191,810,365 Shares issuable by the Company upon conversion of the Convertible Bonds following the Adjustment in addition to the Approved Conversion Shares;

Additional Conversion Shares shall have the meaning set forth in the Securities Purchase Agreement.

Examples of Additional Conversion Shares in a sentence

If, at any time, the number of authorized but unissued shares of Common Stock is not sufficient to effect the issuance of Additional Conversion Shares, then Iomed shall immediately take such corporate action as is necessary to increase its authorized but unissued shares of Common Stock to such number of shares of Common Stock as shall be sufficient for such purpose.
In the event that Iomed fails to take such corporate action in order to permit Four▇▇▇▇ ▇▇ receive the Additional Conversion Shares in accordance with Section 3.04 hereof, (a) such failure shall not affect or otherwise prejudice Four▇▇▇▇'▇ ▇▇ such Additional Conversion Shares, and (b) Four▇▇▇▇ ▇▇▇ll have the right to (i) receive such Additional Conversion Shares as soon as practicable after Iomed takes such corporate action and/or (ii) seek other monetary or injunctive relief.
The Initial Conversion Shares and Additional Conversion Shares are duly authorized and, when issued and paid for in accordance with the applicable Transaction Documents, will be duly and validly issued, fully paid and nonassessable, free and clear of all liens imposed by the Company.
The issuance by the Company of the Company Securities and the delivery of the Lu Conversion Shares, the Lu Warrant Shares and the Lu Additional Conversion Shares pursuant to the terms of the Put Agreements shall not have the effect of delisting or suspending the Common Shares from the Principal Market.
For purposes of this Agreement, the term "Conversion Shares" refers to Initial Conversion Shares and Additional Conversion Shares, collectively, and the term "Warrant Shares" refers to Initial Warrant Shares and Additional Warrant Shares, collectively.

More Definitions of Additional Conversion Shares

Additional Conversion Shares means the additional shares of Common Stock issuable upon conversion of the Series A-1 Preferred Stock as a result of the Second Amended and Restated Certificate of Designation of Preferences, Rights and Limitations of Series A-1 Convertible Preferred Stock.

Additional Conversion Shares means the additional shares of Common Stock and/or the different class or classes of shares, if any, to be issued to Four▇▇▇▇ ▇▇▇suant to Section 3.04 hereof. In the case of an adjustment to the Conversion Price, the Additional Conversion Shares to be issued to Four▇▇▇▇ ▇▇▇ll represent the difference between the number of such shares Four▇▇▇▇ (▇) would receive by dividing the Principal Amount by the Conversion Price as adjusted in accordance with Section 3.04 hereof and (b) received pursuant to Section 3.01 hereof. In the case of a change in the class or classes of stock, Four▇▇▇▇ ▇▇▇ll 5 be entitled to receive, in lieu of the Additional Conversion Shares which it is entitled to receive but for such change, the equivalent of the shares of such other class or classes of stock that reflects what Four▇▇▇▇ ▇▇▇ld have received if it had been entitled to receive such Additional Conversion Shares immediately prior to such change.

Additional Conversion Shares has the meaning set forth in Section 15.01(b).

Additional Conversion Shares means, and are hereby replaced with, the "Amended and Restated Additional Conversion Shares";

Additional Conversion Shares means shares of Common Stock that may be issued by the Company (i) in connection with the repurchase of certain Additional Notes pursuant to the mandatory repurchase obligation set forth in Section 5.15 of the New Securities Purchase Agreement and (ii) upon conversion of the Additional Notes that are not subject to the mandatory repurchase obligation in Section 5.15 of the New Securities Purchase Agreement.”;

Additional Conversion Shares shall have the meaning given in the recitals to this Agreement;

Additional Conversion Shares means the additional shares of Common Stock and/or the different class or classes of shares, if any, to be issued to ▇▇▇▇▇▇▇▇ pursuant to Section 3.04 hereof. In the case of an adjustment to the Conversion Price, the Additional Conversion Shares to be issued to ▇▇▇▇▇▇▇▇ shall represent the difference between the number of such shares ▇▇▇▇▇▇▇▇ (a) would receive by dividing the Principal Amount by the Conversion Price as adjusted in accordance with Section 3.04 hereof and (b) received pursuant to Section 3.01 hereof. In the case of a change in the class or classes of stock, ▇▇▇▇▇▇▇▇ shall be entitled to receive, in lieu of the Additional Conversion Shares which it is entitled to receive but for such change, the equivalent of the shares of such other class or classes of stock that reflects what ▇▇▇▇▇▇▇▇ would have received if it had been entitled to receive such Additional Conversion Shares immediately prior to such change.