Exercise of Conversion Right definition

Exercise of Conversion Right. Means the exercise of the right to convert the CDs into the ordinary shares of Issuer of CDs in accordance with the prescribed conversion ratio. Exercise of Conversion Right is subject to change under certain circumstances as specified herein.
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Examples of Exercise of Conversion Right in a sentence

  • The positive rate adjustment for non- drug items and services benefits OPPS-paid acute care hospitals across the board, including FAH members and Petitioners’ members.

  • Such Convertible Debentureholder may express his/her/its intention for the Exercise of Conversion Right within the Exercise Period in respect of the next Conversion Date.

  • Where the Convertible Debentures are in Certificate form, the Issuer shall (or shall procure that the Registrar shall), within 15 (fifteen) days from the relevant Conversion Date, issue and deliver new Certificate in respect of the remaining Convertible Debentures from each Exercise of Conversion Right (if any) to the Convertible Debentureholder who exercises his/her/its conversion rights by registered mail.

  • Such Conversion Price may be adjusted in accordance with the procedures set out in Condition 15 (Adjustment to the Exercise of Conversion Right).

  • For example, traditional low- tech industries such as food, wood and paper tend to be characterised by a simpler knowledge base and lower levels of cumulativeness and appropriability, leading these sectors to follow mainly cost competitiveness strategies and engage in practices of price competition.

  • If any Conversion Date is the same day as an Interest Payment Date and a Convertible Debentureholder has, within the Exercise Period and pursuant to the procedures set out in these Conditions, duly expressed his/her/its intention for the Exercise of Conversion Right on such Conversion Date, such Convertible Debentureholder is not deprived of his/her/its rights to receive the interest payable on such Interest Payment Date.

  • Apart from the procedures set out in Condition16.1 and the compensation of damages set out in Condition 16.2, the Issuer will repay the principal and pay the outstanding interest (if any) under the whole Convertible Debentures that the Issuer is unable to provide the Ordinary Shares for the Exercise of Conversion Right and it will be deemed that such Convertible Debentures have been redeemed.

  • The dates of the Exercise of Conversion Right under the Debentures shall be the 30th of March, June, September and December of every year (hereinafter referred to as the “Date of Exercise of Conversion Right”).

  • The holders of the Debentures which are derived from the Exercise of Conversion Right under the CDDRs agree to be responsible for any stamp duty and expenses incurred in the forced conversion of the Debentures into the Common Shares under this clause (if any).

  • A major problem in large combinational logic circuits with thousands of gates was the identification ofundetectable faults.

Related to Exercise of Conversion Right

  • Conversion Right has the meaning set forth in Section 4.05(a) hereof.

  • 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 Option means the Company’s option to convert some or all of the Series D Preferred Stock into that number of shares of Common Stock that are issuable at the then-applicable conversion rate as described in Section 8(c) of these Articles Supplementary.

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

  • Forced Conversion Notice has the meaning set forth in Section 4.05(c) hereof.

  • Warrant Exercise Period shall commence (subject to Section 6(d) below), on the later of:

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

  • Forced Conversion has the meaning set forth in Section 4.05(c) hereof.

  • Demand Exercise Notice has the meaning set forth in Section 2.1(a).

  • Put Right has the meaning set forth in Section 8.05(a).

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

  • 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.

  • Mandatory Conversion shall have the meaning set forth in Section 6.

  • Forced Conversion Notice Date shall have the meaning set forth in Section 6(d).

  • Early Preference Share Redemption Notice means a notice of early redemption of some or all of the Preference Shares given by or on behalf of the Company in accordance with Condition 6 (Notices).

  • Warrant Share Number means at any time the aggregate number of shares of Warrant Stock which may at such time be purchased upon exercise of this Warrant, after giving effect to all prior adjustments and increases to such number made or required to be made under the terms hereof.

  • Repurchase Option has the meaning set forth in Section 1.3(a) hereto.

  • 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.

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

  • 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.

  • 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.

  • Automatic Conversion means the irrevocable and automatic release of all of the Company’s obligations under the Securities (other than the CSO Obligations, if any) in consideration of the Company’s issuance of the Conversion Shares at the Conversion Price to the Conversion Shares Depository (on behalf of the Holders and Beneficial Owners of the Securities) or to the relevant recipient of such Conversion Shares, all in accordance with the terms of the Securities.

  • Exchange Right has the meaning ascribed thereto in Section 5.1;

  • Exercise Notice has the meaning set forth in Section 3.2(1);

  • Initial Warrant Exercise Date means __________, 1997.