Convertible Portion definition

Convertible Portion means, as to any Incremental Dual Borrower Dual Currency Facility RL Lender, the amount set forth opposite the name of such Incremental Dual Borrower Dual Currency Facility RL Lender on Schedule I hereto (as supplemented by the Second Amendment) under the column entitled “Incremental Dual Borrower Dual Currency Facility Revolving Loan Commitment”.
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Convertible Portion shall have the meaning set forth in Section 7.01(b)(i)(A) (
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Convertible Portion has the meaning set forth in Section 6.1 hereof.
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Examples of Convertible Portion in a sentence

  • If any fractional shares of Preferred Stock would, but for this Section 7, be issuable upon the conversion of this Note or the Convertible Portion, the Company shall make a payment therefor in check or cash in an amount equal to the Fair Market Value of such fractional shares.

  • No fractional shares of Preferred Stock or scrip representing fractional shares shall be issued upon conversion (whether optional or mandatory) of the principal amount and interest, if applicable, of this Note or the Convertible Portion.

  • The Company covenants that all shares of Preferred Stock which may be issued upon conversion of this Note or the Convertible Portion will upon issuance be duly authorized, validly issued, fully paid and nonassessable by the Company and free from all taxes, liens and charges with respect to the issuance thereof.

  • The issuance of stock certificates upon conversion of this Note or the Convertible Portion pursuant to Sections 5 and 6 shall be made without charge to the converting Holder for any transfer, stamp or similar tax in respect of the issuance thereof.

  • From time to time, Lender may require Borrower to make any payment of the Convertible Portion (as defined below) of Borrower's obligations under this Note in shares of Common Stock of Borrower ("Common Shares") instead of lawful money of the United States of America and thereby convert all or any part of such Convertible Portion into that number of Common Shares, as is obtained by dividing the dollar amount that Lender elects to convert by the applicable Conversion Price (as defined below).

  • The Original Lender did not learn of the opportunity to acquire the Class A Ordinary Shares issuable upon conversion of the Convertible Portion of the Convertible Loan by means of any form of general solicitation or general advertising.

  • The Borrower represents that the issuance of any Class A Ordinary Shares issued to the Lender upon conversion of the Convertible Portion of the Convertible Loan will be exempt from the registration and prospectus delivery requirements of the Securities Act and all applicable state and foreign securities laws and neither the Borrower nor any agent of the Borrower has offered the Class A Ordinary Shares by any form of general solicitation or general advertising.

  • For purposes of this Agreement, “Conversion Ratio” means the quotient of (aa) the Convertible Portion, divided by (bb) the aggregate amount of the Convertible Loans at the Effective Time (assuming that the IFC D Loan is disbursed up to the full amount of the Commitment in respect of the IFC D Loan at that time), ignoring any and all conversions thereof after the Effective Time).

  • No fractional shares of Preferred Stock or scrip representing fractional shares shall be issued upon conversion (whether optional or mandatory) of the principal amount and interest, if applicable, of this Note or the Minimum Convertible Portion.

  • The current market price of a Class A Ordinary Share shall be the current market price of an ADS divided by the number of Ordinary Shares then represented by each ADS (and current market price of an ADS shall be the Closing Sale Price on the last Trading Day immediately preceding the Conversion Date for such Convertible Portion).


More Definitions of Convertible Portion

Convertible Portion means, as at any date of determination, the outstanding principal amount of the Loans as of such date plus the amount of any accrued and unpaid interest thereon.
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Convertible Portion means (w) any payment of principal, interest, and any other amounts payable to Lender hereunder when due, (x) any prepayment tendered by Borrower under Section 8 of this Note, (y) all or any portion of the entire amount of Borrower's obligations under this Note, upon a sale of fifty-one percent (51%) or more of the outstanding Common Stock of Borrower or a sale of all or substantially all of Borrower's assets, or (z) if an Event of Default (as defined below) occurs, a portion of Borrower's obligations under this Note not exceeding One Million Dollars ($1,000,000); PROVIDED, HOWEVER, that upon the occurrence of a second Event of Default while the first Event of Default remains uncured, the entire amount of principal, interest and any other amounts payable by Lender hereunder shall be the Convertible Portion.
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Convertible Portion means, as to any Lender, the amount set forth opposite the name of such Lender on Annex I hereto.
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Convertible Portion shall have the meaning set forth in Section 7.01(b) (Exercise of Conversion Rights; Issuance of ADSs on Conversion);
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Related to Convertible Portion

  • Convertible space means a portion of the structure within the condominium

  • Convertible Security means one of the Convertible Securities.

  • Convertible Securities means any stock or securities (other than Options) directly or indirectly convertible into or exercisable or exchangeable for shares of Common Stock.

  • Convertible Senior Notes means those certain convertible senior notes issued by Borrower with a final maturity date of not less than ten (10) years from the date of issuance, in an amount not to exceed $150,000,000 with an interest rate up to 5.5% and subject to the terms set forth in the Convertible Senior Notes Offering Memorandum.

  • Company Convertible Securities means, collectively, any other options, warrants or rights to subscribe for or purchase any capital shares of the Company or securities convertible into or exchangeable for, or that otherwise confer on the holder any right to acquire any capital shares of the Company.

  • Convertible Note means an instrument issued by a startup company evidencing receipt of money initially as debt, which is repayable at the option of the holder, or which is convertible into such number of equity shares of such startup company, within a period not exceeding five years from the date of issue of the convertible note, upon occurrence of specified events as per the other terms and conditions agreed to and indicated in the instrument;

  • Common Share Price means the volume weighted average per share trading price of the Common Shares on the TSX for the 10 consecutive Trading Day period ending on the Trading Day immediately before the occurrence of a Trigger Event, or if the Common Shares are not then listed on the TSX, the principal stock exchange on which the Common Shares are then listed or quoted (being the stock exchange with the greatest volume of trading in the Common Shares during the previous six months), or if such shares are not listed or quoted on any stock exchange, or if no such trading prices are available, the Floor Price.

  • Convertible Preferred Stock has the meaning set forth in the recitals.

  • Convertible land means a building site which is a portion of the common areas

  • Series B Convertible Preferred Stock means the Series B Convertible Preferred Stock, $0.01 par value per share, of the Corporation.

  • convertible means, if used to describe securities, that the rights and attributes attached to the securities include the right or option to purchase, convert into or exchange for or otherwise acquire equity securities of an issuer, or any other security that itself includes the right or option to purchase, convert into or exchange for or otherwise acquire equity securities of an issuer;

  • Convertible Debt means Indebtedness of the Borrowers (which may be guaranteed by the Guarantors) permitted to be incurred under the terms of this Agreement that is (i) either (a) convertible into common stock of the Company (and cash in lieu of fractional shares) and/or cash (in an amount determined by reference to the price of such common stock) or (b) sold as units with call options, warrants or rights to purchase (or substantially equivalent derivative transactions) that are exercisable for common stock of the Company and/or cash (in an amount determined by reference to the price of such common stock) and (ii) subordinated to the Obligations on terms customary at the time for convertible subordinated debt securities.

  • Series B Warrants means, collectively, the Series B Common Stock purchase warrants delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof and the other Series B Warrants contemplated under Section 2.1 to be issued concurrently at the Closing, which Series B Warrants shall be exercisable beginning immediately and have a term of exercise equal to five (5) years, in the form of Exhibit B-2 attached hereto.

  • Vested Options means the Options that have vested in accordance with Section 2.2 of this Agreement.

  • Existing Warrants means any warrants to purchase Common Stock outstanding on the date of this Agreement.

  • Rollover Options has the meaning provided in Subsection 3.1(h).

  • Series B-2 Preferred Stock means shares of the Company’s Series B-2 Preferred Stock, par value $0.001 per share.

  • Mandatorily Convertible Securities means any mandatorily convertible equity-linked securities issued by the Borrower or its Subsidiary, so long as the terms of such securities require no repayments or prepayments and no mandatory redemptions or repurchases, in each case prior to at least 91 days after the later of the termination of the Commitments and the repayment in full of the Revolving Credit Advances and all other amounts due under this Agreement.

  • Conversion Consideration shall have the meaning specified in Section 14.12(a).

  • Option Consideration has the meaning set forth in Section 3.3(a).

  • Conversion Share means any share of Common Stock issued or issuable upon conversion of any Note.

  • Per Share Price shall have the meaning set forth in Section 2.1.

  • Convertible Bonds means the $450,000,000 1.875 per cent senior unsecured guaranteed convertible bonds due 2025 and issued by NMC Health (Jersey) Limited, including the transactions contemplated under the Transaction Documents (as defined in the Convertible Bond Trust Deed);

  • Option Share has the meaning ascribed to it in section "4.7" hereinbelow;

  • Option Warrants shall have the meaning ascribed to such term in Section 2.2(a).

  • 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.