Examples of Mandatory Conversion Shares in a sentence
Identification(EC) 1272/2008Note%CAS: 2682-20-4GHS06, GHS05, GHS09 0 <= x % < 0.01EC: 220-239-6Dgr Acute Tox.
Within three (3) Trading Days after Hightimes gives the Holder notice by facsimile or email transmission that a Mandatory Conversion Event has occurred, Hightimes will provide VStock Transfer Company, its transfer agent, with documentation that the Mandatory Conversion Shares are eligible for such electronic issuance.
Within five (5) Trading Days after iPower gives the Holder notice by facsimile or email transmission that a Mandatory Conversion Event has occurred, iPower will provide VStock Transfer Company, iPower’s transfer agent, with documentation that the Mandatory Conversion Shares are eligible for such electronic issuance.
Upon conversion of this Note as described in Section 1(a) or Section 1(b), the Holder shall tender this Note to the Company for cancellation and the Company shall issue to the Holder a stock certificate representing the Conversion Shares or the Mandatory Conversion Shares (as applicable).
From and after the time at which this Note is converted as provided in this Section 1, this Note shall, automatically and without any further action by the Company or the Holder, cease to evidence an obligation of the Company to pay to the Holder the outstanding principal and accrued and unpaid interest hereon and shall instead evidence only the right to receive the Conversion Shares or the Mandatory Conversion Shares (as applicable).
The Pledged Collateral secures the payment and performance of all obligations, now or hereafter existing under the terms and conditions of this Agreement and the obligations of the Makers under the Note, including, without limitation, the obligation to issue the Mandatory Conversion Shares or shares of Common Stock of Pledgor pursuant to Section 3(a) of the Note or upon any optional conversion of the Note by the Holder pursuant to Section 3(b) of the Note (collectively the “Obligations)”.
Unless and until converted into the Conversion Shares or Mandatory Conversion Shares, in each case as provided in Section 1, this Note shall not, in and of itself, entitle the Holder to any rights as a stockholder of the Company (including the right to vote, to receive dividends and other distributions, or to receive any notice of, or to attend, meetings of shareholders of the Company).
The Company acknowledges that the Agreement requires that the Company pay liquidated damages for late or non-delivery of Mandatory Conversion Shares.
The center drive mechanism shall be equipped with at least one (1) electro-mechanical overload control device actuated by thrust from the gear shaft or by rotational force from the pinion stack.
For purposes of this Article V(3)(e), each holder’s Pro Rata Share of the Aggregate Investment Amount shall be a fraction obtained by dividing (a) the total number of shares of Common Stock issuable upon conversion of the Subject Preferred Stock held by the holder (excluding any Special Mandatory Conversion Shares) by (b) the total number of shares of Common Stock issued or issuable upon the conversion of all of the Subject Preferred Stock.