QEO definition

QEO means an offer of shares (or depositary receipts or other securities representing shares) of any class in the share capital of the Borrower, where the proposed capital raising is in an amount equal to at least USD 350,000,000 (or such other amount as the Borrower and Agent may agree from time to time), and in which no fewer than five institutional investors (or such other number as the Borrower and Agent may agree from time to time) participate in the offering.
QEO means an offer of shares (or depositary receipts or other securities representing shares) of any class in the share capital of the Borrower, where the proposed capital raising is in an amount equal to at least USD 350,000,000 (or such other amount as the Borrower and Agent may agree from time to time), and in which no fewer than five institutional investors (or such other number as the Borrower and Agent may agree from time to time) participate.

Examples of QEO in a sentence

  • Instead of any fractional share of Common Stock which would otherwise be issuable upon conversion of the Post-QEO Converted Amount, the Maturity Date Converted Amount or the COC Conversion Amount, as applicable, Debtor shall pay a cash adjustment in respect of such fractional interest in an amount equal to the product of (i) the fractional amount, multiplied by, (ii) the QEO Conversion Price or the Issuance Date Conversion Price (as the same may be adjusted pursuant to Section 7 hereof), as applicable.

  • In such circumstances, upon delivery of the relevant number of Conversion Shares to the Lender, and the payment of any accrued but unpaid interest up to (but excluding) the QEO Conversion Date and any Break Costs, the Converted Principal Amount of the relevant Loan(s) shall be deemed repaid and discharged.

  • The relevant number of Conversion Shares will be determined by dividing the Converted Principal Amount by the QEO Conversion Price, and rounding the result down to the nearest whole number of shares.

  • As promptly as practicable following the QEO Conversion Date, the Borrower and the Lender will enter into a registration rights agreement that is, in form and substance, similar to the registration rights agreement dated 27 September 2021, as later amended, among the Borrower and other parties (the “Registration Rights Agreement”).

  • In furtherance of the foregoing, the Borrower shall, within 90 days following the QEO Conversion Date, file a new Form F-3 Shelf (as defined in the Registration Rights Agreement) in view of registering the resale of any Conversion Shares and cause such registration statement to become effective as soon as practicable after such filing.

  • The relevant number of Conversion Shares will be determined by dividing the Converted Amount by the QEO Conversion Price, and rounding the result down to the nearest whole number of shares.

  • Instead of any fractional share of Common Stock which would otherwise be issuable upon conversion of the Voluntary Conversion Amount or the COC Conversion Amount, as applicable, Debtor shall pay a cash adjustment in respect of such fractional interest in an amount equal to the product of (i) the fractional amount, multiplied by, (ii) the QEO Conversion Price or the Issuance Date Conversion Price (as each may be adjusted pursuant to Section 7 hereof), as applicable.

  • In furtherance of the foregoing, the Borrower shall, within 90 days following the QEO Conversion Date, file a new Form F-1 Shelf (as defined in the Registration Rights Agreement) in view of registering the resale of any Conversion Shares and cause such registration statement to become effective as soon as practicable after such filing.

  • As promptly as practicable following the QEO Conversion Date, the Borrower and the Lender shall enter into an amendment to the Registration Rights Agreement, with any other parties thereto necessary to make such amendment, in order to amend the definition of “Registrable Securities” therein, as provided hereby.

  • In such circumstances, upon delivery of the relevant number of Conversion Shares to the Lender, and the payment of any accrued but unpaid interest (which is not included in the Converted Amount) up to (but excluding) the QEO Conversion Date, any Break Costs and any other fees or expenses payable by the Borrower under this Agreement, accrued but not paid by the Borrower at such date, the Converted Amount shall be deemed repaid and discharged.