Conversion Unit definition

Conversion Unit is defined in Section 6.1(d)(xiii).

Conversion Unit means one Conversion Share and one half of a Conversion Warrant, to be issued at the Conversion Price in connection with the conversion of all or part of this Convertible Debenture;

Conversion Unit means the Common Unit(s) issued upon conversion of a Series A Preferred Unit pursuant to Section 5.12.

Examples of Conversion Unit in a sentence

• Upon the closing of the initial public offering, the proceeds of the Convertible Loan shall convert into Conversion Units at a conversion price of $0.50 per Conversion Unit.

• Each Conversion Unit consists of one Common Share, one Series A Warrant and on Series B Warrant.

• Upon the closing of the initial public offering, the proceeds of the Convertible Loan shall convert into Conversion Units at a conversion price of $0.50 per Conversion Unit (or 2,500,000 Conversion Units).

• Each Conversion Unit consists of one Common Share, one series A share purchase warrant (a “Series A Warrant”) and one series B share purchase warrant (a “Series B Warrant”).

• Upon the closing of the initial public offering, the proceeds of the Convertible Loan converted into Conversion Units at a conversion price of $0.50 per Conversion Unit (or 2,500,000 Conversion Units).

More Definitions of Conversion Unit

Conversion Unit has the meaning assigned to such term in Section 6.1(c)(xiii).

Conversion Unit means a unit issuable on the conversion of the Convertible Loan consisting of one Common Share, one Series A Warrant and one Series B Warrant.

Conversion Unit means one share of Common Stock and one Warrant to be issued upon conversion, from time-to-time, of any portion of the Principal Amount;

Conversion Unit means __________ ordinary shares of the Company, each at a strike price of 0.35 US$, subject to the provisions under Section 3.1.2 below. provided that in the case that the Borrower consolidates or amalgamates with, or merges with or into, or transfers all or substantially all its assets to, or reorganises, reincorporates or reconstitutes into or as, another entity, “Conversion Unit” shall mean a number of ordinary shares of the resulting, surviving or transferee entity having a value equivalent to ________ ordinary shares of the Company, each at a strike price of 0.35 US$.

Conversion Unit means a unit or device or barrel that is capable of being 20

Conversion Unit means an existing market rate rental unit which shall be converted to a unit leased at an affordable or workforce housing rate in compliance with the requirements of this Grant Contract.

Conversion Unit has the meaning set forth in Section 3.1(e).