Common use of Conversion by Holder Clause in Contracts

Conversion by Holder. Subject to and upon compliance with the provisions of this ARTICLE 3, the Holder shall have the right from time to time, at the Holder’s option, to convert all or any portion (if the portion to be converted is at least US$100,000,000 or such lesser amount then held by the Holder) of the Note to the Company’s fully paid ADSs at any time prior to the close of business on the second Business Day immediately preceding the Maturity Date.

Appears in 3 contracts

Samples: Convertible Note Purchase Agreement (Priceline Group Inc.), Convertible Note Purchase Agreement (Priceline Group Inc.), Convertible Note Purchase Agreement (Priceline Group Inc.)

AutoNDA by SimpleDocs

Conversion by Holder. Subject to and upon compliance with the provisions of this ARTICLE 3, the Holder shall have the right from time to time, at the Holder’s option, to convert all or any portion (if the portion to be converted is at least US$100,000,000 10,000,000 or such lesser amount then held by the Holder) of the Note to the Company’s fully paid ADSs at any time prior to the close of business on the second Business Day immediately preceding the Maturity Date.. 3.2

Appears in 1 contract

Samples: Convertible Note Purchase Agreement (Priceline Group Inc.)

Conversion by Holder. Subject to and upon compliance with the provisions of this ARTICLE 3, the Holder shall have the right from time to time, at the Holder’s option, to convert all or any portion (if the portion to be converted is at least US$100,000,000 or such lesser amount then held by the Holder) of the Note (including any accrued but unpaid interest) to the Company’s fully paid ADSs at any time prior to the close of business on the second Business Day immediately preceding the Maturity Date.

Appears in 1 contract

Samples: Convertible Note Purchase Agreement (Ctrip Com International LTD)

AutoNDA by SimpleDocs

Conversion by Holder. Subject to and upon compliance with the provisions of this ARTICLE Article 3, the Holder shall have the right from time to timeright, at the Holder’s option, to convert all or any portion (if so long as the portion principal amount converted equals to be converted is at least US$100,000,000 1,000,000 or such lesser amount then held by the Holderan integral multiple of US$1,000,000 in excess thereof) of the Note to the Company’s fully fully-paid ADSs at any time prior to the close of business on the second Business Day immediately preceding the Maturity Date.

Appears in 1 contract

Samples: Convertible Note Purchase Agreement (NQ Mobile Inc.)

Time is Money Join Law Insider Premium to draft better contracts faster.