Common use of Conversion Right Clause in Contracts

Conversion Right. Subject to the limitations of Section (3)(c), at any time or times on or after the Issuance Date, the Holder shall be entitled to convert any portion of the outstanding and unpaid Conversion Amount into fully paid and nonassessable Common Shares in accordance with Section (3)(b), at the Conversion Price. The number of Common Shares issuable upon conversion of any Conversion Amount pursuant to this Section (3)(a) shall be determined by dividing (x) such Conversion Amount by (y)

Appears in 22 contracts

Samples: Convertible Note (Nukkleus Inc.), Convertible Note (Abpro Holdings, Inc.), Convertible Note (Armlogi Holding Corp.)

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Conversion Right. Subject to the limitations of Section (3)(c), at any time or times on or after the Issuance Date, the Holder shall be entitled to convert any portion of the outstanding and unpaid Conversion Amount into fully paid and nonassessable Common Ordinary Shares in accordance with Section (3)(b), at the Conversion Price. The number of Common Ordinary Shares issuable upon conversion of any Conversion Amount pursuant to this Section (3)(a) shall be determined by dividing (x) such Conversion Amount by (y)

Appears in 6 contracts

Samples: Convertible Note (Powell Max LTD), Convertible Note (Powell Max LTD), Standby Equity Purchase Agreement (Zapp Electric Vehicles Group LTD)

Conversion Right. Subject to the limitations of Section (3)(c), at any time or times on or after the Issuance Date, the Holder shall be entitled to convert any portion of the outstanding and unpaid Conversion Amount into fully paid and nonassessable shares of Common Shares Stock in accordance with Section (3)(b), at the Conversion Price. The number of shares of Common Shares Stock issuable upon conversion of any Conversion Amount pursuant to this Section (3)(a) shall be determined by dividing (x) such Conversion Amount by (y)

Appears in 4 contracts

Samples: Convertible Promissory Note (SMX (Security Matters) Public LTD Co), Convertible Promissory Note (SMX (Security Matters) Public LTD Co), Reciprocal Standby Equity Purchase Agreement (Lionheart III Corp)

Conversion Right. Subject to the limitations of Section (3)(c4)(c), at any time or times on or after the Issuance Date, the Holder shall be entitled to convert any portion of the outstanding and unpaid Conversion Amount (as defined below) into fully paid and nonassessable shares of Common Shares Stock in accordance with Section (3)(b4)(b), at the Conversion PricePrice (as defined below). The number of shares of Common Shares Stock issuable upon conversion of any Conversion Amount pursuant to this Section (3)(a4)(a) shall be determined by dividing (x) such Conversion Amount by (y)

Appears in 4 contracts

Samples: Securities Purchase Agreement (Kidpik Corp.), Securities Purchase Agreement (Canoo Inc.), Securities Purchase Agreement (Canoo Inc.)

Conversion Right. Subject to the limitations of Section (3)(c‎(3)(c), at any time or times on or after the Issuance Date, the Holder shall be entitled to convert any portion of the outstanding and unpaid Conversion Amount into fully paid and nonassessable Common Shares in accordance with Section (3)(b‎(3)(b), at the Conversion Price. The number of Common Shares issuable upon conversion of any Conversion Amount pursuant to this Section (3)(a‎(3)(a) shall be determined by dividing (x) such Conversion Amount by (y)

Appears in 3 contracts

Samples: Standby Equity Purchase Agreement (Celularity Inc), Consent to Yorkville Arrangements (Celularity Inc), Convertible Secured Promissory Note (Perfect Moment Ltd.)

Conversion Right. Subject to the limitations of Section (3)(c), at any time or times on or after the Issuance Datetimes, the Holder shall be entitled to convert any portion of the outstanding and unpaid Conversion Amount Principal, Interest, or other amounts outstanding under this Note into fully paid and nonassessable Common Shares in accordance with Section (3)(b), at the Conversion Price. The number of Common Shares issuable upon conversion of any Conversion Amount pursuant to this Section (3)(a) shall be determined by dividing (x) such Conversion Amount by (y)

Appears in 1 contract

Samples: Standby Equity Purchase Agreement (AGBA Group Holding Ltd.)

Conversion Right. Subject to the limitations of Section (3)(c), at any time or times on or after the Issuance Date, the Holder shall be entitled to convert any portion of the outstanding and unpaid Conversion Amount into fully paid and nonassessable Common Shares in accordance with Section (3)(b), ) at the Conversion Price. The number of Common Shares issuable upon conversion of any Conversion Amount pursuant to this Section (3)(a) shall be determined by dividing (x) such Conversion Amount by (y)

Appears in 1 contract

Samples: Convertible Note (OneMedNet Corp)

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Conversion Right. Subject to the limitations of Section (3)(c), at any time or times on or after the Issuance Date, the Holder shall be entitled to convert any portion of the outstanding and unpaid Conversion Amount into fully paid and nonassessable Common Ordinary Shares in accordance with Section (3)(b), ) at the Conversion Price. The number of Common Ordinary Shares issuable upon conversion of any Conversion Amount pursuant to this Section (3)(a) shall be determined by dividing (x) such Conversion Amount by (y)

Appears in 1 contract

Samples: Convertible Note (Baijiayun Group LTD)

Conversion Right. Subject to the limitations of Section (3)(c), at any time or times on or after the Issuance Date, the Holder shall be entitled to convert any portion of the outstanding and unpaid Conversion Amount into fully paid and nonassessable Common Shares Stock in accordance with Section (3)(b), at the Conversion Price. The number of shares of Common Shares Stock issuable upon conversion of any Conversion Amount pursuant to this Section (3)(a) shall be determined by dividing (x) such Conversion Amount by (y)

Appears in 1 contract

Samples: Standby Equity Purchase Agreement (GigCapital5, Inc.)

Conversion Right. Subject to the limitations of Section (3)(c), at any time or times on or after the Issuance Date, the Holder shall be entitled to convert any portion of the outstanding and unpaid Conversion Amount into fully paid and nonassessable Common Ordinary Shares in accordance with Section (3)(b), at the Conversion Fixed Price. The number of Common Ordinary Shares issuable upon conversion of any Conversion Amount pursuant to this Section (3)(a) shall be determined by dividing (x) such Conversion Amount by (y)

Appears in 1 contract

Samples: Convertible Note (Rail Vision Ltd.)

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