Conversion Securities definition

Conversion Securities has the meaning set forth in Section 4.08(b).

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Conversion Securities means the shares of Common Stock issuable upon conversion of this Note in accordance with Sections 5.1 and 5.2(d).

Conversion Securities means Common Stock or Subsequent Round Securities, as applicable.

Examples of Conversion Securities in a sentence

Upon conversion of this Note, the Issuer shall deliver the Conversion Securities to the Holder no later than by 12:00 p.m. Philadelphia time on the later of, with respect to a Public Company Event, the fifth (5th) Business Day immediately following the Conversion Time.
In the absence of conversion of this Note into Conversion Securities, no provisions of this Note and no enumeration herein of the rights or privileges of the Holder shall cause the Holder to be a stockholder of the Issuer for any purpose.
The Holder at the Conversion Time in connection with a Public Company Event pursuant to Section 3(b) shall be treated for all purposes as the beneficial owner of such Conversion Securities as of such Conversion Time.
Upon the occurrence of a Public Company Event, the Notes shall be automatically converted in full at the Conversion Time into a number of Conversion Securities equal to the Note Obligations Amount as of the Conversion Time multiplied by the Conversion Price in accordance with Section 4.
If the issuance of the Conversion Securities would result in the issuance of a fractional share of the Conversion Securities, such fractional share shall be forfeited.

More Definitions of Conversion Securities

Conversion Securities means this Instrument or any Conversion Shares issuable upon exercise of the conversion rights under this Instrument, in whole or in part.

Conversion Securities means the securities delivered on conversion of Securities (or any securities successor thereto), together with any securities successor thereto to those so delivered on conversions.

Conversion Securities means the Common Stock or other securities or property purchasable on the exercise of the Warrants.

Conversion Securities has the meaning specified in Section 3.01(22).

Conversion Securities means any security, share, obligation, promissory note, option, warrant or any other debt, equity or other instrument into which any Exchange Shares has been converted or exercised into, or which are provided to any Osprey Party under or in respect of any such Exchange Shares, in each case, on and from the Original Call Option Date until the settlement of the relevant exercise of the Option hereunder in respect of the Exchange Shares (including, without limitation, the Exchange Shares and Related Rights), including in each case any Option Interest.

Conversion Securities means such securities of the Company issuable upon a Mandatory Conversion of this Note in connection with the occurrence of a Qualified Financing.

Conversion Securities means the Class A Ordinary Shares or the ADSs upon conversion of the Convertible Securities held by such holder in accordance with the terms of the Notes and/or the Certificate of Designation.