Share Issue Cap definition
Share Issue Cap means, in respect of a Tranche, the maximum number of Shares to be issued upon conversion of Notes of that Tranche and the exercise of Warrants related to that Tranche.
Share Issue Cap means the percentage of the total of all the Shares issued by the Company or determined by the Board from time to time, provided that this percentage does not exceed 2.5% of the Company's issued capital.
Share Issue Cap means, in respect of a Tranche, the maximum number of Shares to be issued upon conversion
Examples of Share Issue Cap in a sentence
In the Request, the Issuer shall indicate the Share Issue Cap for the Notes of such Subsequent Tranche and for the Warrants to be issued with such Notes, being the minimum number of Shares to be available for issuance on the date of the Request according to Clause 3.2(vi).
The Share Issue Cap in connection with the issuance of the Notes of the First Tranche shall be for 2,750,000 Shares.