Cashless Conversion definition

Cashless Conversion has the meaning specified in Section 5(c)(ii) hereof.
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Cashless Conversion shall have the meaning set forth in Section 2.2(b)(ii) hereof.
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Cashless Conversion has the meaning specified in Section 5(c)(ii) hereof. “Charter” means, with respect to any Person, such Person’s certificate or articles of incorporation, articles of association or similar organizational document, in each case as may be amended from time to time.
Sample 1

Examples of Cashless Conversion in a sentence

  • If all ICPS are converted by way of Cashless Conversion, no proceeds will be raised.

  • Upon receipt of such election to effect a Cashless Conversion, the Warrant Agent will promptly request the Company to confirm the number of Warrant Shares issuable in connection with the Cashless Conversion.

  • The Holder shall effect a Cashless Conversion by indicating on a duly executed Warrant Exercise Notice that the Holder wishes to effect a Cashless Conversion.

  • The rest of this page has been intentionally left blank]For illustrative purpose, if the Entitled Shareholders (other than William Hon) do not subscribe for their entitlements of Minimum Scenario (Rights ICPS), their shareholdings in Bioalpha will be diluted as follows: As at the LPD Notes: (1) Based on Cashless Conversion - by surrendering 11 Rights ICPS for conversion into 1 new Bioalpha Share.(2) Any fractional new Bioalpha Shares arising from the conversion of the Rights ICPS will be disregarded.

  • The Company shall calculate and transmit to the Warrant Agent in a written notice the number of Warrant Shares issuable in connection with any Cashless Conversion.

  • After the public release of the plan iGoli 2002 encountered serious resistance.

  • The parents or guardians listed on the front of this application (referred to in this agreement as the parents) agree to pay the full fee by April 1, 2022 and to pay interest on all overdue fees at the rate of 24% per annum determined daily and calculated and payable monthly not in advance.

  • The Cyprus Con- ference was historic as it marked the first time since 1960 that the parties came together around the same table.

  • Long-term, ongoing gravel introduction will probably have to be undertaken to maintain decent spawning habitat below Lost Creek Dam.

  • If the Exercise Price of the aggregate number of Warrants being converted exceeds the Market Price at the time of such conversion of the aggregate number of Warrant Shares issuable upon such conversion, then no Warrant Shares will be issuable via the Cashless Conversion.

Related to Cashless Conversion

  • Cashless Exercise Ratio means a fraction, the numerator of which is the excess of the Current Market Value per share of Common Stock on the Exercise Date over the Exercise Price per share as of the Exercise Date and the denominator of which is the Current Market Value per share of the Common Stock on the Exercise Date.

  • Mandatory Conversion shall have the meaning set forth in Section 6.

  • Optional Conversion means the conversion of any Convertible Preferred Stock other than a Mandatory Conversion.

  • Major conversion means a conversion of an existing ship:

  • Mandatory Conversion Notice has the meaning set forth in Section 4.7.C hereof.

  • Automatic Conversion means the irrevocable and automatic release of all of the Company’s obligations under the Securities (other than the CSO Obligations, if any) in consideration of the Company’s issuance of the Conversion Shares at the Conversion Price to the Conversion Shares Depository (on behalf of the Holders and Beneficial Owners of the Securities) or to the relevant recipient of such Conversion Shares, all in accordance with the terms of the Securities.

  • Cashless Exercise means a Cashless Exercise as defined in Section 6.3(b)(i).

  • Mandatory Conversion Date has the meaning set forth in Section 7(a).

  • Forced Conversion has the meaning set forth in Section 4.05(c) hereof.

  • Forced Conversion Notice has the meaning set forth in Section 4.05(c) hereof.

  • Date of Conversion Conversion Price:_______________________________________________________________ Shares To Be Delivered:_________________________________________________________ Signature:______________________________________________________________________ Print Name:_____________________________________________________________________ Address:________________________________________________________________________

  • Optional Conversion Date means, with respect to the Optional Conversion of any Convertible Preferred Stock, the first Business Day on which the requirements set forth in Section 10(d)(ii) for such conversion are satisfied.

  • Notice of Conversion shall have the meaning set forth in Section 4(a).

  • Company Conversion Price means, the lower of (i) the applicable Conversion Price and (ii) that price which shall be computed as 90% of the arithmetic average of the Weighted Average Price of the Common Stock on each of the twenty (20) consecutive Trading Days immediately following the applicable Installment Date (each such period, a "Company Conversion Measuring Period"). All such determinations to be appropriately adjusted for any stock split, stock dividend, stock combination or other similar transaction that proportionately decreases or increases the Common Stock the applicable such Company Conversion Measuring Period.

  • Automatic Conversion Date has the meaning specified in Section 13.14(a).

  • Notice of Conversion/Extension means the written notice of conversion of a LIBOR Rate Loan to an Alternate Base Rate Loan or an Alternate Base Rate Loan to a LIBOR Rate Loan, or extension of a LIBOR Rate Loan, in each case substantially in the form of Exhibit 1.1(f).

  • Conversion Plan shall have the meaning given to such term in Section 2.05 of this Agreement.

  • Forced Conversion Date shall have the meaning set forth in Section 6(d).

  • Final Conversion Date means 5:00 p.m. in New York City, New York on the earlier to occur following the IPO of (i) the first Trading Day falling on or after the date on which the outstanding shares of Class B Common Stock represent less than ten percent (10%) of the aggregate number of shares of the then outstanding Class A Common Stock and Class B Common Stock, (ii) the tenth (10th) anniversary of the IPO or (iii) the date specified by affirmative vote of the holders of a majority of the outstanding shares of Class B Common Stock, voting as a single class.

  • New Conversion Price means the amount determined in accordance with the following formula, which shall apply from the QTE Effective Date: NCP = ECP * (VWAPAES / VWAPOS) where:

  • Conversion Date shall have the meaning set forth in Section 4(a).

  • Forced Conversion Notice Date shall have the meaning set forth in Section 6(d).

  • Fixed Conversion Price shall have the meaning set forth in Section 4(b).

  • Interest Conversion Shares shall have the meaning set forth in Section 2(a).

  • Alternate Conversion Price means, with respect to any Alternate Conversion that price which shall be the lowest of (i) the applicable Conversion Price as in effect on the applicable Conversion Date of the applicable Alternate Conversion, and (ii) the greater of (x) the Floor Price and (y) 80% of the lowest VWAP of the Common Stock during the five (5) consecutive Trading Day period ending and including the Trading Day immediately preceding the delivery or deemed delivery of the applicable Conversion Notice (such period, the “Alternate Conversion Measuring Period”). All such determinations to be appropriately adjusted for any stock dividend, stock split, stock combination, reclassification or similar transaction that proportionately decreases or increases the Common Stock during such Alternate Conversion Measuring Period.

  • Continuation/Conversion Notice means a notice of continuation or conversion and certificate duly executed by an Authorized Officer of the Borrower, substantially in the form of Exhibit C hereto.