Conversion Rights means exchange of, or the rights to exchange, the Principal Amount of the Loan, or any part thereof, for fully paid and nonassessable Common Stock on the terms and conditions provided in the Debentures.
Conversion Rights has the meaning set forth in Section 5.1.
Conversion Rights has the meaning specified in Section 5.1(a) of the Conditions;
Examples of Conversion Rights in a sentence
A holder of the Convertible Bonds shall not exercise any Conversion Rights if, as a result of such exercise, it will cause the public float of the Company to be unable to meet the relevant requirements under the GEM Listing Rules.
A holder of the Convertible Bonds shall not exercise any Conversion Rights, and the Company shall not be required to issue any Conversion Shares, if, as a result of the relevant exercise of the Conversion Rights, the holder of the Convertible Bonds and/or parties acting in concert with it would be required to make a mandatory general offer under Rule 26 of the Takeovers Code for the Shares held by the Company’s other Shareholders.
More Definitions of Conversion Rights
Conversion Rights shall have the meaning set forth in Section 7(a) hereof.
Conversion Rights the rights to be attached to the Bonds to convert the principal amount of the Bonds or a part thereof into Shares;
Conversion Rights means, collectively, the rights set forth in Article 13 of the Indentures (such conversion rights, including Physical Settlement, Cash Settlement and/or Combination Settlement, as each such term is defined in the respective Indentures).
Conversion Rights. Share Cap: 2.655
Conversion Rights means the rights of the Debentureholder to convert the Debenture into Common Shares pursuant to Article 4;
Conversion Rights in respect of a Bond means the rights to convert the principal amount (or any part thereof in authorised denominations) of that Bond into Shares at the Conversion Price;
Conversion Rights means the right of holders of the Class B Common Stock voting against a business combination to convert their shares of Class B Common stock for a pro-rata share of the Trust Fund, if the business combination is approved and completed. Holders of the Class B Common Stock who exercise such Conversion Rights will continue to have the right to exercise any warrants they may hold.