Additional Conversion Shares definition

Additional Conversion Shares. ’ means the Conversion Shares of up to 191,810,365 Shares issuable by the Company upon conversion of the Convertible Bonds following the Adjustment in addition to the Approved Conversion Shares;
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Additional Conversion Shares means the additional shares of Common Stock and/or the different class or classes of shares, if any, to be issued to Fourxxxx xxxsuant to Section 3.04 hereof. In the case of an adjustment to the Conversion Price, the Additional Conversion Shares to be issued to Fourxxxx xxxll represent the difference between the number of such shares Fourxxxx (x) would receive by dividing the Principal Amount by the Conversion Price as adjusted in accordance with Section 3.04 hereof and (b) received pursuant to Section 3.01 hereof. In the case of a change in the class or classes of stock, Fourxxxx xxxll 5 be entitled to receive, in lieu of the Additional Conversion Shares which it is entitled to receive but for such change, the equivalent of the shares of such other class or classes of stock that reflects what Fourxxxx xxxld have received if it had been entitled to receive such Additional Conversion Shares immediately prior to such change.
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Additional Conversion Shares has the meaning set forth in Section 15.01(b).
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Examples of Additional Conversion Shares in a sentence

  • If one or both of the parties wish to terminate this agreement prematurely, they may do so upon 30 days advance notice.

  • If the Corporation does not timely deliver a Confirmation or if it does not specify in the Confirmation whether it selects to pay any portion of the Additional Conversion Obligations as a Cash Additional Conversion Payment, then the Corporation shall be deemed to have delivered an irrevocable Confirmation confirming a payment of the whole amount of the Additional Conversion Obligations in Additional Conversion Shares.

  • If any Additional Conversion Shares are to be issued in accordance with the Confirmation, the Corporation shall certify in the Confirmation that the Equity Conditions have been satisfied as of the Confirmation Date.

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  • The Issuer shall be liable for, and shall indemnify the Noteholders against, any losses resulting from a delay over the aforementioned ten (10) Trading Days, being understood that if Additional Conversion Shares are to be issued pursuant to article 2, lett.

  • In this case no indemnity will be payable to the extent issuance of such Additional Conversion Shares is in compliance with this article and article 6 lett.

  • Principal terms of the CB Aggregate principal amount: HK$2,311,520,000 Conversion price: HK$0.205 per Share, subject to usual anti-dilution adjustments in certain events such as share consolidation, share subdivision, capitalisation issue, capital distribution, rights issue and other issues of Shares and/or convertible securities but there will be no adjustment for the issue of the Additional CB or Additional Conversion Shares.

  • The aforesaid 4,878,048,780 Additional Conversion Shares represent 118.1% of the existing issued share capital of the Company, and 22.9% of the share capital of the Company as enlarged by the issue of the Consideration Shares, the Conversion Shares and the maximum number of 4,878,048,780 Additional Conversion Shares.

  • The Series A Conversion Shares, Series B Conversion Shares and Series C Conversion Shares, totalling 2,325,399,999 Shares, represent in total 416% of the existing issued share capital of the Company of 559,354,434 Shares, and 80.6% of the enlarged issued share capital of 2,884,754,433 Shares, before taking into consideration any of the Additional Conversion Shares.

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More Definitions of Additional Conversion Shares

Additional Conversion Shares means, and are hereby replaced with, the "Amended and Restated Additional Conversion Shares";
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Additional Conversion Shares shall have the meaning given in the recitals to this Agreement;
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Additional Conversion Shares means the number of shares equal to a fraction, (a) the numerator of which is (I) the product of (w) the number of Purchased Shares held by such Eligible Person as of the first anniversary of the date hereof (the “Eligible Shares”), it being understood that the number of Purchased Shares shall be calculated treating the Purchased Preferred Shares on an as-converted basis for the purposes of this Section 5(b), and (x) the Per Share Price, minus (II) the product of (y) such number of Eligible Shares and (z) the Average Trading Price; and (b) the denominator of which is the Average Trading Price; provided, that if the Average Trading Price is less than $12.13, the Average Trading Price shall be deemed to be $12.13 for the purposes of this clause (i).
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Additional Conversion Shares means shares of Common Stock that may be issued by the Company (i) in connection with the repurchase of certain Additional Notes pursuant to the mandatory repurchase obligation set forth in Section 5.15 of the New Securities Purchase Agreement and (ii) upon conversion of the Additional Notes that are not subject to the mandatory repurchase obligation in Section 5.15 of the New Securities Purchase Agreement.”;
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Related to Additional Conversion Shares

  • 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.

  • Conversion Shares means, collectively, the shares of Common Stock issuable upon conversion of the shares of Preferred Stock in accordance with the terms hereof.

  • Initial Conversion Price has the meaning specified in Section 13.01.

  • Optional Conversion means the conversion of any Convertible Preferred Stock other than a Mandatory Conversion.

  • Conversion Shares Registration Statement means a registration statement that registers the resale of all Conversion Shares of the Holders, who shall be named as “selling stockholders” therein and meets the requirements of the Registration Rights Agreement.

  • Conversion Stock means shares of Common Stock issued upon conversion of the Preferred Stock.

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

  • New Conversion Price means the amount determined in accordance with the following formula, which shall apply from the QTE Effective Date: NCP = ECP * (VWAPAES / VWAPOS) where:

  • Additional Shares shall have the meaning specified in Section 14.03(a).

  • Series B Conversion Price means, as of the applicable Conversion Date, the greater of (A) the average of the Market Values of the Common Stock for the five consecutive Trading Days preceeding (but not including) such Conversion Date, or (B) the then effective Series B Minimum Conversion Price.

  • 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.

  • Additional Common Shares means all common stock (including reissued shares) Issued (or deemed to be issued pursuant to Section 2) after the date of the Warrant. Additional Common Shares does not include, however, any common stock Issued in a transaction described in Sections 2.1 and 2.2 of the Warrant; any common stock Issued upon conversion of preferred stock outstanding on the date of the Warrant; the Shares; or common stock Issued as incentive or in a nonfinancing transaction to employees, officers, directors or consultants to the Company.

  • Company Conversion Price means, the lower of (i) the applicable Conversion Price and (ii) that price which shall be computed as 90% of the arithmetic average of the Weighted Average Price of the Common Stock on each of the twenty (20) consecutive Trading Days immediately following the applicable Installment Date (each such period, a "Company Conversion Measuring Period"). All such determinations to be appropriately adjusted for any stock split, stock dividend, stock combination or other similar transaction that proportionately decreases or increases the Common Stock the applicable such Company Conversion Measuring Period.

  • Mandatory Conversion Notice has the meaning set forth in Section 4.7.C hereof.

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

  • Company Convertible Notes means the convertible notes issued by the Company pursuant to the convertible note purchase agreement by and among the Company, PA Grand Opportunity Limited and other investors named therein dated June 6, 2016, as amended on June 13, 2016.

  • Commitment Shares shall have the meaning set forth in Section 12.04.

  • Series A Conversion Price shall initially be equal to $0.71. Such initial Series A Conversion Price, and the rate at which shares of Series A Preferred Stock may be converted into shares of Common Stock, shall be subject to adjustment as provided below.

  • Forced Conversion Amount means the sum of (a) 100% of the aggregate Stated Value then outstanding, (b) accrued but unpaid dividends and (c) all liquidated damages and other amounts due in respect of the Preferred Stock.

  • Adjustment Shares shall have the meaning set forth in Section 11(a)(ii) hereof.

  • Series F Preferred Shares means the Series F Preferred Shares of the Company, par value US$0.0001 per share, with the rights and privileges as set forth in the Memorandum and Articles.

  • Series E Preferred Shares means the Series E Preferred Shares of the Company, par value US$0.0001 per share, with the rights and privileges as set forth in the Memorandum and Articles.

  • Series C Preferred Shares means the Company’s series C preferred shares, par value US$0.00001 per share.

  • Conversion Amount means the sum of the Stated Value at issue.

  • Interest Share Amount shall have the meaning set forth in Section 2(a).