Converted Securities definition

Converted Securities means shares or other equity securities issued by, or interests in, the Target, whether certificated or uncertificated, hereafter acquired by the Borrower pursuant to the Notes.
Sample 1Sample 2Sample 3
Converted Securities means in the case of a Qualified Financing, a newly-created series of preferred stock of the Company that has all of the rights and privileges of, and votes together as a single class with, the Qualified New Securities, except that the Converted Securities have a liquidation preference per share (and the initial conversion price for purposes of price-based anti-dilution protection as well as the basis for any dividend rights) equal to the Conversion Price.
Sample 1Sample 2
Converted Securities means the Class A ordinary shares of SouFun delivered upon a conversion of the Convertible Note(s) pursuant to the terms thereof.
Sample 1Sample 2

Examples of Converted Securities in a sentence

  • Further, the Converted Securities issued for such Debentures shall be issued by the Company in the physical form only and retained by the Company to be handed over to the concerned Investors on return of the relevant Debenture certificate.

  • Any Debentures that have not been returned to the Company upon expiry of the Conversion Period shall be automatically converted to the Converted Securities whether or not the Investors return the Debenture certificates to the Company.

  • The Debentures shall automatically be converted into the Converted Securities at the earlier of (i) the time of consummation of the Proposed Investment Round in accordance with Clause 5(a) or (ii) upon occurrence of a Liquidation Event or expiry of the Term in accordance with Clause 5(b) herein below.

  • Within 30 (Thirty) days from the Closing Date, and at all times thereafter, until the Debentures are converted into the Converted Securities, the Company shall ensure that the authorised share capital exceeds the issued, subscribed and paid-up share capital as required for conversion.

  • If the Company has not received Proposed Investment Amount or upon occurrence of Liquidation Event before the expiry of tenure stated in Clause a herein above i.e. 12 months, then the CCDs shall convert into Converted Securities, being the Equity Shares, at a Conversion Price calculated based on the current valuation at that time.


More Definitions of Converted Securities

Converted Securities means all Securities which have been converted pursuant to Article Thirteen.
Sample 1
Converted Securities means the "Conversion Shares" as defined in the Parent Note.
Sample 1
Converted Securities has the meaning specified in Section 2.1(a) of this Agreement.
Sample 1
Converted Securities means the ADSs delivered upon a conversion of the Convertible Note pursuant to the terms thereof.
Sample 1
Converted Securities means the Class A ordinary shares of SouFun delivered upon a conversion of the Convertible Note(s) pursuant to the terms
Sample 1
Converted Securities means any evidences of indebtedness, shares of capital stock (other than Common Stock) or other securities directly or indirectly convertible into or exchangeable for Common Stock.
Sample 1
Converted Securities means the Proposed Investor Securities issued by the Company to the CCD Investors upon the CCD Investors exercising their right of Conversion in accordance with this Agreement; Authenticated through Authenticated through Authenticated through Authenticated throughLeegality.com (WF(vqTy)Zv) “CuLereegalPitye.cromio(WdF”vTsyhZva)ll haveLtehegealimty.ceoamn(WinFvgTyaZsv)cribed tLoeegiatliityn.coCml(aWuFvsTeyZ7v).2;Arun AgarwalDate: Thu Feb 08 13:03:03 IST2024 Authenticated through Leegality.com (WFvTyZv) Varun AgarwalDate: Mon Feb 05 18:40:47 IST2024Puneeth PDate: Thu Feb 15 13:11:03 IST2024 Authenticated through Leegality.com (WFvTyZv) Shaleen AgarwalDate: Mon Feb 05 18:43:23 IST2024Raghuram Patro PatnalaDate: Thu Feb 15 13:24:00 IST2024Authenticated through Leegality.com (WFvTyZv) Sahil RallyDate: Mon Feb 05 18:47:21 IST2024Vinod RathiDate: Thu Feb 15 16:13:35 IST2024 Authenticated through Leegality.com (WFvTyZv) Niraj AgarwalDate: Thu Feb 08 12:33:01 IST2024(r) “Debentures” or “CCDs” shall mean 0.0001% (zero decimal point zero zero zero one percent) compulsory convertible debentures having a face value of Rs. 100 (Rupees Hundred only) each, issued by the Company and subscribed to at par value by the CCD Investors in the ratio set out in Schedule I and as per the terms contained in this Agreement; (s) “Debenture Subscription Amount” shall mean an aggregate amount of Investment as stipulated in Schedule I payable by the CCD Investors to the Company towards subscription of the Debentures; (t) “Designated Bank Account” shall mean a bank account opened by the Company for the purpose of this Debenture Issuance with in the name of Svan Autotech Private Limited with following Banks:
Sample 1