Exercise of Conversion Right definition

Exercise of Conversion Right. Means the exercise of the right to convert the CDs into the ordinary shares of Issuer of CDs in accordance with the prescribed conversion ratio. Exercise of Conversion Right is subject to change under certain circumstances as specified herein.

Examples of Exercise of Conversion Right in a sentence

  • Each share of Series A Preferred Stock shall automatically be converted into shares of Common Stock at the then-effective Conversion Rate for such share immediately upon the closing of a Qualifying Public Offering.(c) Exercise of Conversion Right.

  • A suite of colours denoting different material types has been developed as part of the national Recycle Now brand (see Figure 4) and this is now widely used and recognised by the public.62 NiftyBins, which may be used for temporary events, has its own suite of colours and aperture shapes to denote particular materials (see Figure 5).

  • In assessing control, potential voting rights that presently are exercisable are taken into account.The financial statements of the subsidiaries are included in the consolidated financial statements the date that control commences until the date that control ceases.In the Company’s financial statements, investments in subsidiaries arecarried at their cost.

  • Exercise of Conversion Right; Issuance of Common Stock on Conversion; No Adjustment for Interest or Dividends.

  • Such Convertible Debentureholder may express his/her/its intention for the Exercise of Conversion Right within the Exercise Period in respect of the next Conversion Date.

  • Such Conversion Price may be adjusted in accordance with the procedures set out in Condition 15 (Adjustment to the Exercise of Conversion Right).

  • Where the Convertible Debentures are in Certificate form, the Issuer shall (or shall procure that the Registrar shall), within 15 (fifteen) days from the relevant Conversion Date, issue and deliver new Certificate in respect of the remaining Convertible Debentures from each Exercise of Conversion Right (if any) to the Convertible Debentureholder who exercises his/her/its conversion rights by registered mail.

  • Treatment-related material was the most sought-after information by patients, while coping information was most sought by supporters.

  • Exercise of Conversion Right to Multiple Voting Shares: Upon and subject to the conditions hereinafter set forth, in the event an Offer is made, each Subordinate Voting Share shall be convertible at the option of the holder during the Conversion Period into one Multiple Voting Share (subject to adjustment as set forth below).

  • If such Convertible Debentureholder fails to do so within such period, such Convertible Debentureholder shall be deemed by the Conversion Agent to have expressesed his/her/its intention to cancel such Exercise of Conversion Right.

Related to Exercise of Conversion Right

  • Conversion Right has the meaning set forth in Section 4.05(a) hereof.

  • Conversion Rights means exchange of, or the rights to exchange, the Principal Amount of the Loan, or any part thereof, for fully paid and nonassessable Common Stock on the terms and conditions provided in the Debentures.

  • Conversion Option means the Company’s option to convert some or all of the Series D Preferred Stock into that number of shares of Common Stock that are issuable at the then-applicable conversion rate as described in Section 8(c) of these Articles Supplementary.

  • Optional Conversion has the meaning set forth in Section 6(a).

  • Forced Conversion Notice shall have the meaning set forth in Section 6(d).

  • Warrant Exercise Period shall commence (subject to Section 6(d) below), on the later of:

  • Mandatory Conversion Notice has the meaning ascribed thereto in Section 4.5(a);

  • Forced Conversion has the meaning set forth in Section 4.05(c) hereof.

  • Demand Exercise Notice has the meaning set forth in Section 2.1(a).

  • Put Right has the meaning set forth in Section 8.05(a).

  • Common Warrant Shares means the shares of Common Stock issuable upon exercise of the Common Warrants.

  • Company Convertible Securities means, collectively, any options, warrants or rights to subscribe for or purchase any capital stock of the Company or securities convertible into or exchangeable for, or that otherwise confer on the holder any right to acquire any capital stock of the Company.

  • Mandatory Conversion shall have the meaning set forth in Section 6.

  • Forced Conversion Notice Date shall have the meaning set forth in Section 6(d).

  • Early Preference Share Redemption Notice means a notice of early redemption of some or all of the Preference Shares given by or on behalf of the Company in accordance with Condition 6 (Notices).

  • Warrant Share Number means at any time the aggregate number of shares of Warrant Stock which may at such time be purchased upon exercise of this Warrant, after giving effect to all prior adjustments and increases to such number made or required to be made under the terms hereof.

  • Repurchase Option has the meaning set forth in Section 1.3(a) hereto.

  • Company Conversion Price means, the lower of (i) the applicable Conversion Price and (ii) that price which shall be computed as ninety five percent (95%) of the lowest Volume Weighted Average Price of the Common Stock during the fifteen (15) consecutive Trading Days immediately preceding the applicable Installment Date. All such determinations to be appropriately adjusted for any stock split, stock dividend, stock combination or other similar transaction.

  • Warrant Share Delivery Date shall have the meaning set forth in Section 2(d)(i).

  • Interest Conversion Shares shall have the meaning set forth in Section 2(a).

  • Conversion Share means any share of Common Stock issued or issuable upon conversion of any Note.

  • Optional Conversion Date means, with respect to the Optional Conversion of any Convertible Preferred Stock, the first Business Day on which the requirements set forth in Section 10(d)(ii) for such conversion are satisfied.

  • Automatic Conversion means the irrevocable and automatic release of all of the Company’s obligations under the Securities (other than the CSO Obligations, if any) in consideration of the Company’s issuance of the Conversion Shares at the Conversion Price to the Conversion Shares Depository (on behalf of the Holders and Beneficial Owners of the Securities) or to the relevant recipient of such Conversion Shares, all in accordance with the terms of the Securities.

  • Exchange Right has the meaning provided in Section 8.05(a) hereof.

  • Exercise Notice has the meaning set forth in Section 3.2(1);

  • Initial Warrant Exercise Date means __________, 1997.