Common use of Company’s Failure to Timely Convert Clause in Contracts

Company’s Failure to Timely Convert. (A) If the Holder shall have provided proper notice to the Company pursuant to Section 4(c)(i) and the Company fails to credit, on or prior to the Share Delivery Date, the Holder’s balance account with DTC or issue a certificate to the Holder for the number of Shares to which the Holder is entitled upon conversion (a “Conversion Failure”), then

Appears in 6 contracts

Samples: Convertible Note Purchase Agreement, Convertible Note Sale Agreement (Cordlife Group LTD), Registration Rights Agreement (KKR & Co. L.P.)

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Company’s Failure to Timely Convert. (A) If the Holder shall have provided proper notice to the Company pursuant to Section 4(c)(i) and the Company fails to credit, on or prior to the Share Delivery Date, the Holder’s balance account with DTC or issue a certificate to the Holder for the number of Shares to which the such Holder is entitled upon conversion on or prior to the Share Delivery Date (a “Conversion Failure”), then

Appears in 1 contract

Samples: Securities Purchase Agreement (Xinyuan Real Estate Co., Ltd.)

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