Conversion Share definition

Conversion Share means any share of Common Stock issued or issuable upon conversion of any Note.
Conversion Share or "Conversion Shares" means the shares of the Company's Common Stock obtained or obtainable upon conversion of Shares and shall also include any capital stock or other securities into which Conversion Shares are changed and any capital stock or other securities resulting from or comprising a reclassification, combination or subdivision of, or a stock dividend on, any Conversion Shares. In the event that any Conversion Shares are sold either in a public offering pursuant to a registration statement under the Securities Act or pursuant to a Rule 144 Transaction, then the transferees of such Conversion Shares shall not be entitled to any benefits under this Agreement with respect to such Conversion Shares and such Conversion Shares shall no longer be considered to be "Conversion Shares" for purposes of any consent or waiver provision of this Agreement.
Conversion Share means shares of the Company’s Common Stock into which principal and Interest due pursuant to this Note may be converted.

Examples of Conversion Share in a sentence

  • If the Common Stock is then listed on any securities exchange, or quoted on any inter-dealer quotation system, then the Company will use reasonable best efforts to cause each Conversion Share, when delivered upon Conversion of any Note, to be admitted for listing on such exchange or quotation on such system.

  • For the sake of clarity, such Holder shall be required to return any excess Pre-Settlement Conversion Share to the Company when all Preferred Shares are converted.

  • If the Common Stock is then listed on any securities exchange, or quoted on any inter-dealer quotation system, then the Company will use commercially reasonable efforts to cause each Conversion Share, when delivered upon conversion of any Note, to be admitted for listing on such exchange or quotation on such system.


More Definitions of Conversion Share

Conversion Share means a Share into which the Principal Amount, and accrued interest thereon, may be converted pursuant to the terms of this Note;
Conversion Share means any share of Class A Common Stock issued or issuable upon conversion of any Note.
Conversion Share has the meaning specified in Article 6A(iii)(4)(c).
Conversion Share or "Conversion Shares" means the shares of the ---------------- ----------------- Corporation's Common Stock obtained or obtainable upon conversion of Shares and shall also include any capital stock or other securities into which such shares of Common Stock are changed and any capital stock or other securities resulting from or comprising a reclassification, combination or subdivision of, or a stock dividend on, any such shares of Common Stock.
Conversion Share means shares of the Company's Common Stock into which principal and Interest due pursuant to this Note may be converted.
Conversion Share means a share of Common Stock issuable upon conversion of this Note.
Conversion Share has the meaning specified in Clause 9(d)(iii) of the Memorandum.