Conversion Rights definition

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 Rights has the meaning set forth in Section 5.1.

Conversion Rights has the meaning specified in Section 5.1(a) of the Conditions;

Examples of Conversion Rights in a sentence

• All Bonds which are redeemed or in respect of which Conversion Rights are exercised will be cancelled and may not be reissued or resold.

• The Issuer has also given certain other undertakings in the Trust Deed for the protection of the Conversion Rights.

• Conversion Rights shall be exercised subject in each case to any applicable fiscal or other laws or regulations applicable in the jurisdiction in which the specified office of the Conversion Agent to whom the relevant Conversion Notice is delivered is located.

• Conversion Rights shall be exercised subject in each case to any applicable fiscal or other laws or regulations applicable in the jurisdiction in which the specified office of the Paying, Transfer and Conversion Agent to whom the relevant Conversion Notice is delivered is located.

• The Conversion Rights set forth in Section 4 shall remain in full force and effect immediately from the date hereof and until the Note is paid in full regardless of the occurrence of an Event of Default.

More Definitions of Conversion Rights

Conversion Rights the rights to be attached to the Bonds to convert the principal amount of the Bonds or a part thereof into Shares;

Conversion Rights means, collectively, the rights set forth in Article 13 of the Indentures (such conversion rights, including Physical Settlement, Cash Settlement and/or Combination Settlement, as each such term is defined in the respective Indentures).

Conversion Rights shall have the meaning set forth in Section 7(a) hereof.

Conversion Rights has the meaning set forth in Section 6.

Conversion Rights. Share Cap: 2.655

Conversion Rights means the rights of the Debentureholder to convert the Debenture into Common Shares pursuant to Article 4;

Conversion Rights in respect of a Bond means the rights to convert the principal amount (or any part thereof in authorised denominations) of that Bond into Shares at the Conversion Price;