Conversion of the Notes into Shares of the Issuer; Conversion Period. Unless it has terminated its conversion rights pursuant to Paragraph 8.5 of these characteristics of the Notes, each Note holder shall have the right at any time as of any Closing Date, up to and including the Maturity Date (the "Conversion Period"), to convert all or any of the Notes into new Shares, and to determine the number of Notes to be converted, and the corresponding aggregate principal amount so converted (the “Conversion Amount”). Instead of issuing to the Note holder new Shares upon conversion, the Issuer may also transfer to the Note holder the corresponding number of treasury Shares upon conversion. Each Note holder is allowed to make multiple conversions of Notes as long as it stays within the outstanding Principal Amount.
Appears in 2 contracts
Samples: Convertible Notes Agreement, Convertible Note Facility Agreement
Conversion of the Notes into Shares of the Issuer; Conversion Period. Unless it has terminated its conversion rights pursuant to Paragraph 8.5 9.5 of these characteristics of the Notesthis Schedule 1, each Note holder shall have the right at any time as of (i) the First Closing Date or (ii) any Closing Date, up to and including the relevant Maturity Date (the "Conversion Period"), to convert all or any of the Notes into new or existing Shares, and to determine the number of Notes to be converted, the relevant Conversion Price and the corresponding aggregate principal amount so converted (the “Conversion Amount”). Instead of issuing to the Note holder new Shares upon conversion, the Issuer may also transfer to the Note holder the corresponding number of treasury Shares upon conversion. Each Note holder is allowed to make multiple conversions of Notes as long as it stays within the outstanding Principal Amount.
Appears in 2 contracts
Samples: Agreement for the Issuance of and Subscription to Notes Convertible Into New Shares With Share Subscription Warrants Attached, Agreement for the Issuance of and Subscription to Notes Convertible Into New Shares With Share Subscription Warrants Attached