Conversion Securities definition

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

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

Examples of Conversion Securities in a sentence

• Interest shall accrue on any principal payment due under this Note until such time as payment therefor is actually delivered to the holder of this Note; provided that if any portion of the principal amount is duly converted into Conversion Securities pursuant to and in accordance with the Note, cash interest shall cease to accrue on the portion of the principal amount being converted.

• If any portion of the principal amount is duly converted into Conversion Securities pursuant to and in accordance with the Note, PIK interest shall cease to accrue on the portion of the principal amount being converted.

• If any portion of the principal amount is duly converted into Conversion Securities ny-2522610.14A pursuant to and in accordance with the Note, PIK interest shall cease to accrue on the portion of the principal amount being converted.

• Interest shall accrue on any principal payment due under this Note until such time as payment therefor is actually delivered to the holder of this Note; provided that if any portion of the principal amount is duly converted into Conversion Securities pursuant to and in accordance with the Note, cash interest shall cease to accrue on the portion of the principal amount being converted.Section 1.2PIK Interest Payments.

More Definitions of Conversion Securities

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

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.

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 means the securities into which the Note is convertible, and any securities issuable upon conversion or exercise thereof.

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