Conversion Limitations. Before any Class A Convertible Securities Holder shall be entitled to convert Class A Convertible Securities into Common Shares, the Board of Directors (or a committee thereof) shall designate an officer of the Company to determine if any Conversion Limitation set forth in this Section 27.6 shall apply to the conversion of Class A Common Shares. For the purposes of this Section 27.6, each of the following is a “Conversion Limitation”:
Appears in 3 contracts
Samples: Share Exchange Agreement (Mystic Holdings Inc./Nv), Share Exchange Agreement, Securities Exchange Agreement
Conversion Limitations. Before any Class A Convertible Securities Holder Shareholder shall be entitled to convert Class A Convertible Securities Common Shares into Common Shares, the Board of Directors (or a committee thereof) shall designate an officer of the Company Corporation to determine if any Conversion Limitation set forth in this Section 27.6 7 shall apply to the conversion of Class A Common Shares. For the purposes of this Section 27.67, each of the following is a “Conversion Limitation”:
Appears in 2 contracts
Samples: Business Combination Agreement (TILT Holdings Inc.), Business Combination Agreement (TILT Holdings Inc.)
