Conversion Shares definition

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

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

Conversion Shares means the shares of Common Stock issuable upon conversion of the Preferred Shares.

Examples of Conversion Shares in a sentence

• Any Conversion Shares issuable upon conversion of Notes may be required to bear a U.S. Legend and/or a Canadian Legend, as applicable.

• Each Purchaser understands that its investment in the Notes, and the Conversion Shares issuable upon conversion thereof, involves a high degree of risk.

• Any Conversion Amount of any Purchaser that does not convert into Conversion Shares due to the Share Cap having been exceeded shall remain as the Outstanding Balance or accrued, unpaid and unaccreted interest thereon, as the case may be, owed to such Purchaser.

• If the Share Cap would be exceeded after giving effect to optional conversion by two or more Purchasers exercising their rights under this Section 9.1 at the same time, the conversion of such Purchasers’ Conversion Amounts shall be effected on a pro rata basis up to the aggregate number of Conversion Shares equal to the Share Cap.

• Any Conversion Amount of any Purchaser that does not convert into Conversion Shares due to the application of the Share Cap shall remain as the Outstanding Balance or accrued, unpaid and unaccreted interest thereon, as the case may be, owed to such Purchaser under such Purchaser’s Notes.

More Definitions of Conversion Shares

Conversion Shares means all shares of Common Stock issuable upon conversion of all or any portion of the Note; and “Securities” means the Note and the Conversion Shares.

Conversion Shares means the shares of Common Stock issuable upon conversion of the Debentures.

Conversion Shares means shares of Common Stock issued or issuable upon conversion of the Preferred Stock, and any shares of capital stock received in respect thereof.

Conversion Shares shall have the meaning ascribed to such term in the Certificate of Designation.

Conversion Shares means, collectively, the shares of Common Stock into which the shares of Preferred Stock are convertible in accordance with the terms hereof.

Conversion Shares means Ordinary Shares issuable upon conversion of any Preferred Shares.

Conversion Shares shall have the meaning ascribed to such term in the Notes.