Conversion ADSs definition

Conversion ADSs means, collectively, the ADSs issuable upon conversion of this Debenture in accordance with the terms hereof.

Conversion ADSs means the ADSs representing the Conversion Shares.

Conversion ADSs means ADSs issuable upon conversion of this Note.

Examples of Conversion ADSs in a sentence

• All Conversion ADSs shall be entitled to rights to participate in all dividends and other distributions the record one of which falls after the date on which the Note has been surrendered for conversion at the principal office of the Company, as the case may be.

• To the extent reasonably necessary under applicable law, any certificate, book-entry notation or ADR representing Conversion ADSs which are issued following conversion of the Note and deposit of the Underlying Shares with the Depositary shall have endorsed, to the extent appropriate, upon its face the following words: THE SECURITIES REPRESENTED BY THIS CERTIFICATE HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT, OR THE SECURITIES LAWS OF ANY JURISDICTION.

• Purchaser is able to bear the economic risk of holding the Notes and Conversion ADSs for an indefinite period and has sufficient knowledge and experience in financial and business matters so as to be capable of evaluating the merits and risk of its investment in the Note and Conversion ADSs.

• The Company covenants that the certificates, if any, representing the ADRs to be issued to evidence any Conversion ADSs issued upon conversion of Notes will comply with applicable law.

• Each Note and all Conversion ADSs will be issued in compliance with all U.S. federal and state securities laws and the securities laws of any other applicable jurisdiction.

• The Conversion ADSs will be duly authorized for listing on the New York Stock Exchange immediately upon (i) conversion of each Note in accordance with the terms of each Note and (ii) the issuance of the ADSs by the Depositary following the deposit of the Underlying Shares.

• Purchaser understands and agrees that any certificates, book-entry notations or ADRs representing the Notes and Conversion ADSs shall bear the restrictive legend set forth in the form of Note attached hereto as Exhibit B or in Section 7.2 below, respectively.

• The Company covenants that all Conversion ADSs will, at all times that any Note is convertible, be duly approved for listing subject to official notice of issuance on the New York Stock Exchange.

More Definitions of Conversion ADSs

Conversion ADSs shall have the meaning specified in the recitals. “Depositary” means Citibank, N.A., as depositary under the Deposit Agreement.

Conversion ADSs means the ADSs of the Issuer having the same rights and privileges as all of the other outstanding ADSs of the Issuer as at the date of the conversion of the Convertible Loan Notes, reserved exclusively and irrevocably to the conversion of the Convertible Loan Notes;

Conversion ADSs means the ADSs into which the Notes are convertible.

Conversion ADSs means the sum of the Daily Conversion ADSs determined in respect of each dealing day in the Calculation Period.

Conversion ADSs means all ADSs issuable upon conversion of all or any portion of the Note; and “Securities” means the Note and the Conversion ADSs.