Convertible Portion definition

Convertible Portion means, as to any Incremental Dual Borrower Dual Currency Facility RL Lender, the amount set forth opposite the name of such Incremental Dual Borrower Dual Currency Facility RL Lender on Schedule I hereto (as supplemented by the Second Amendment) under the column entitled “Incremental Dual Borrower Dual Currency Facility Revolving Loan Commitment”.

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Convertible Portion has the meaning set forth in Section 6.1 hereof.

Convertible Portion shall have the meaning set forth in Section 7.01(b)(i)(A) (

Examples of Convertible Portion in a sentence

The Lender shall be entitled to rights with regard to the Common Stock only to the extent such Convertible Portion of Loans has been converted (or deemed to have converted) into Common Stock pursuant hereto.
If any fractional shares of Preferred Stock would, but for this Section 7, be issuable upon the conversion of this Note or the Convertible Portion, the Company shall make a payment therefor in check or cash in an amount equal to the Fair Market Value of such fractional shares.
The issuance of stock certificates upon conversion of this Note or the Minimum Convertible Portion pursuant to Sections 5 or 6 shall be made without charge to the converting Holder for any transfer, stamp or similar tax in respect of the issuance thereof.
The issuance of stock certificates upon conversion of this Note or the Convertible Portion pursuant to Sections 5 and 6 shall be made without charge to the converting Holder for any transfer, stamp or similar tax in respect of the issuance thereof.
Beneficial interests in any Global Notes shall be shown on, and transfers thereof shall be effected only through, the book-entry records maintained by the Registered Depositary and its participants.
The issue of Class A Ordinary Shares, or share certificates, as the case may be, upon conversions of the Convertible Portion of the Convertible Loans shall be made without charge to the applicable Lender for any documentary, stamp or similar issue or transfer Tax or duty in respect of the issue thereof.
No fractional shares of Preferred Stock or scrip representing fractional shares shall be issued upon conversion (whether optional or mandatory) of the principal amount and interest, if applicable, of this Note or the Minimum Convertible Portion.
The current market price of a Class A Ordinary Share shall be the current market price of an ADS divided by the number of Ordinary Shares then represented by each ADS (and current market price of an ADS shall be the Closing Sale Price on the last Trading Day immediately preceding the Conversion Date for such Convertible Portion).
The Company covenants that all shares of Preferred Stock which may be issued upon conversion of this Note or the Convertible Portion will upon issuance be duly authorized, validly issued, fully paid and nonassessable by the Company and free from all taxes, liens and charges with respect to the issuance thereof.
The Borrower represents that the issuance of any Class A Ordinary Shares issued to the Lender upon conversion of the Convertible Portion of the Convertible Loan will be exempt from the registration and prospectus delivery requirements of the Securities Act and all applicable state and foreign securities laws and neither the Borrower nor any agent of the Borrower has offered the Class A Ordinary Shares by any form of general solicitation or general advertising.

More Definitions of Convertible Portion

Convertible Portion means, as at any date of determination, the outstanding principal amount of the Loans as of such date plus the amount of any accrued and unpaid interest thereon.

Convertible Portion shall have the meaning set forth in Section 7.01(b) (Exercise of Conversion Rights; Issuance of ADSs on Conversion);

Convertible Portion means (w) any payment of principal, interest, and any other amounts payable to Lender hereunder when due, (x) any prepayment tendered by Borrower under Section 8 of this Note, (y) all or any portion of the entire amount of Borrower's obligations under this Note, upon a sale of fifty-one percent (51%) or more of the outstanding Common Stock of Borrower or a sale of all or substantially all of Borrower's assets, or (z) if an Event of Default (as defined below) occurs, a portion of Borrower's obligations under this Note not exceeding One Million Dollars ($1,000,000); PROVIDED, HOWEVER, that upon the occurrence of a second Event of Default while the first Event of Default remains uncured, the entire amount of principal, interest and any other amounts payable by Lender hereunder shall be the Convertible Portion.

Convertible Portion means, as to any Lender, the amount set forth opposite the name of such Lender on Annex I hereto.