Class A Ordinary Share Equivalents definition

Class A Ordinary Share Equivalents means any securities of the Company or the Subsidiaries which would entitle the holder thereof to acquire at any time Class A Ordinary Shares, including, without limitation, any debt, preferred share, right, option, warrant or other instrument that is at any time convertible into or exercisable or exchangeable for, or otherwise entitles the holder thereof to receive, Class A Ordinary Shares.

Class A Ordinary Share Equivalents means any securities of the Company or its Subsidiaries which entitle the holder thereof to acquire at any time Class A Ordinary Shares, including, without limitation, any debt, preferred stock, rights, options, warrants or other instrument that is at any time convertible into or exercisable or exchangeable for, or otherwise entitles the holder thereof to receive, Class A Ordinary Shares.

Class A Ordinary Share Equivalents means Senior Preferred Shares on an as-converted basis and/or ADSs converted from Class A Ordinary Shares (taking into account the then effective ratio between ADS and Class A Ordinary Share).

Examples of Class A Ordinary Share Equivalents in a sentence

• The Co-Sale Notice shall set forth the number of Class A Ordinary Shares (including Class A Ordinary Share Equivalents) that such Co-Sale Holder wishes to include in such Transfer, which amount shall not exceed the Co-Sale Pro Rata Portion (as defined below) of such Co-Sale Holder.

• The Company shall not effect or enter into an agreement to effect any issuance by the Company or any of its Subsidiaries of Class A Ordinary Shares or Class A Ordinary Share Equivalents (or a combination of units thereof) involving a Variable Rate Transaction, other than in connection with an Exempt Issuance.

• Each Non-Selling Shareholder’s pro rata share of the Offered Shares shall be a fraction, the numerator of which shall be the total number of the Class A Ordinary Shares (including Class A Ordinary Share Equivalents) held by such Non-Selling Shareholder on the date of the Transfer Notice and the denominator of which shall be the total number of the Class A Ordinary Shares (including Class A Ordinary Share Equivalents) held by all the Non-Selling Shareholders on such date.

• Notwithstanding anything to the contrary provided in this Agreement, the Company shall have no obligation to Register Registrable Securities which, if constituting Class A Ordinary Share Equivalents, have not been exercised, converted or exchanged, as applicable, for Class A Ordinary Shares as of the effective date of the applicable Registration Statement, but the Company shall cooperate and facilitate any such exercise, conversion or exchange as requested by the applicable Holder.

More Definitions of Class A Ordinary Share Equivalents

Class A Ordinary Share Equivalents means Senior Preferred Shares on an as-converted basis, ADSs converted from Class A Ordinary Shares (taking into account the then effective ratio between ADS and Class A Ordinary Share), and the Senior Preferred Shares or Class A Ordinary Shares vested under the warrant to subscribe for Senior Preferred Shares or Class A Ordinary Shares pursuant to the Term Sheet on an as-converted (if applicable) and as fully exercised basis. A Senior Preferred Share or Class A Ordinary Share shall be deemed vested under the warrant if the Company or any of its Subsidiaries has received the economic benefit equivalent to the purchase price for such share and such economic benefit has not been withdrawn or cancelled.