Common use of Minimum Conversion Price Clause in Contracts

Minimum Conversion Price. The Conversion Price may not be reduced so that, on a conversion of this Note, ADSs or Shares will be required to be issued in any circumstances not permitted by applicable Law.

Appears in 4 contracts

Samples: Convertible Note Exchange Agreement (NaaS Technology Inc.), Convertible Note Purchase Agreement (NaaS Technology Inc.), Convertible Note Purchase Agreement (NaaS Technology Inc.)

AutoNDA by SimpleDocs

Minimum Conversion Price. The Conversion Price may not be reduced so that, on a conversion of this Note, ADSs or Ordinary Shares will be required to be issued in any circumstances not permitted by applicable Lawlaws or regulations.

Appears in 3 contracts

Samples: Convertible Notes and Warrant Purchase Agreement (Crescent Capital Investments Ltd.), Convertible Notes and Warrant Purchase Agreement (Q&K INTERNATIONAL GROUP LTD), Convertible Notes and Warrant Purchase Agreement (Q&K INTERNATIONAL GROUP LTD)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!