Conversion Right Holder definition

Conversion Right Holder means each person or entity entitled to exercise the Conversion Right with respect to a specified amount of outstanding principal hereunder and accrued interest thereon and to receive and/or designate the recipient(s) of the Conversion Shares issuable on such conversion. Each Lender party making a Credit Extension hereunder shall be the original Conversion Right Holder with respect to the outstanding principal of such Credit Extension and the accrued and unpaid interest thereon. The Conversion Right in respect of such Lender’s Credit Extension and the interest thereon may be assigned by such Lender, and by any assignee of such right, by execution and delivery to Borrower of an assignment in substantially the form of Exhibit D-2 hereto.
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Conversion Right Holder means each person or entity entitled to exercise the Conversion Right with respect to a specified amount of outstanding principal hereunder (including, but not limited to, the PIK Amount) and accrued interest thereon and to receive and/or designate the recipient(s) of the Conversion Shares issuable on any conversion. Each Lender party making a Credit Extension hereunder shall be the original Conversion Right Holder with respect to the outstanding principal of such Credit Extension (including, without limitation, the PIK Amount) and the accrued and unpaid interest thereon. The Conversion Right in respect of such Lender’s Credit Extension and the interest thereon may be assigned by such Lender, and by any assignee of such right, to any Person by execution and delivery to the Issuer of an assignment in substantially the form of Exhibit D-2 hereto.
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Conversion Right Holder means each person or entity entitled to exercise the Conversion Right with respect to a specified amount of outstanding principal hereunder (including, but not limited to, the PIK Amount) and accrued interest thereon and to receive
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Examples of Conversion Right Holder in a sentence

  • In order to exercise the Conversion Right, Holder shall surrender to the Company, at the Company’s offices, this Warrant (or the evidence and indemnity required by Section 12) and the Notice of Conversion in the form attached hereto as Exhibit C duly executed.

  • Upon a Mandatory Conversion, the number of shares of Common Stock issued to each Conversion Right Holder shall equal (A) the total amount of such Conversion Right Holder’s Associated Debt, divided by (B) the Conversion Price.

  • In order to effect a Voluntary Conversion of Associated Debt hereunder, a Conversion Right Holder shall deliver a conversion notice to the Issuer (and, if the Issuer is not Borrower, to Borrower) in substantially the form of Exhibit D-1 hereto (a “Conversion Notice”).

  • In order to exercise the Conversion Right, Holder shall surrender this Note to Maker accompanied by Holder's written notice of its intention to exercise its Conversion Right, which notice shall set forth the amount of the unpaid principal to be converted (the "Conversion Notice").

  • Any such Conversion Notice shall be irrevocable by the Conversion Right Holder unless the Issuer breaches its obligation to issue the Conversion Shares as and when required hereunder.

  • Any such Conversion Notice shall be irrevocable by the Conversion Right Holder unless the Issuer breaches its obligation to issue the Conversion Shares as and when required hereunder, but shall be contingent on the actual consummation of the applicable Conversion Event.

  • Upon a Voluntary Conversion, the number of shares of Common Stock issued to each Conversion Right Holder who has delivered a Conversion Notice (as defined below) shall equal (A) the amount of Associated Debt such Conversion Right Holder elects to convert, divided by (B) the Conversion Price.

  • In connection with a Conversion Event and in addition to its Conversion Right, upon delivery of its Conversion Right Notice each Conversion Right Holder shall have the right (but not the obligation) to purchase from Borrower all or a portion of such number of shares of the Applicable Series determined by dividing (i) the Associated Repaid Principal, by (ii) the Conversion Price.

  • For the avoidance of doubt, the Issuer’s Call Right shall not apply to any Associated Debt with respect to which a Conversion Right Holder has delivered a Conversion Notice, other than any such Associated Debt in excess of the limits described in Section 1.2(f).

  • Upon exercise of the Conversion Right, Holder shall be deemed to be the holder of record of the Conversion Shares issuable upon such exercise, notwithstanding that the transfer books of LMT shall then be closed or certificates representing such Conversion Shares shall not then have been actually delivered to Holder.

Related to Conversion Right Holder

  • Conversion Right has the meaning provided in Section 4.5(a) hereof.

  • Conversion Rights means exchange of, or the rights to exchange, the Principal Amount of the Loan, or any part thereof, for fully paid and nonassessable Common Stock on the terms and conditions provided in the Debentures.

  • Conversion Option means the Company’s option to convert some or all of the Series D Preferred Stock into that number of shares of Common Stock that are issuable at the then-applicable conversion rate as described in Section 8(c) of these Articles Supplementary.

  • Early Preference Share Redemption Notice means a notice of early redemption of some or all of the Preference Shares given by or on behalf of the Company in accordance with Condition 6 (Notices).

  • Warrant Share Number means at any time the aggregate number of shares of Warrant Stock which may at such time be purchased upon exercise of this Warrant, after giving effect to all prior adjustments and increases to such number made or required to be made under the terms hereof.

  • Common Warrant Shares means the shares of Common Stock issuable upon exercise of the Common Warrants.

  • Repurchase Option has the meaning set forth in Section 1.3(a) hereto.

  • Preferred Shareholder means any holder of Preferred Shares.

  • Series A Preferred Shares means the Series A Preferred Shares of the Company, par value US$0.0001 per share, with the rights and privileges as set forth in the Memorandum and Articles.

  • Purchase Option Period As defined in Section 9.03(a) hereof.

  • Series B-2 Preferred Shares means the Company’s series B-2 preferred shares, par value US$0.00001 per share.

  • Series D Preferred Shares means the Company’s series D preferred shares, par value US$0.00001 per share.

  • Preferred Holder means, with respect to a series of Preferred Units, a Record Holder of such series of Preferred Units.

  • Warrant Holder means the holder of a Call Warrant.

  • Exchange Right has the meaning set forth in Section 2.1 hereof.

  • Preferred Shares means shares of Series A Junior Participating Preferred Stock, par value $.01 per share, of the Company having the rights and preferences set forth in the Form of Certificate of Designations attached to this Agreement as Exhibit A.

  • Purchase Option Notice As defined in Section 3.18(e).

  • Series E Preferred Shares means the Series E Preferred Shares of the Company, par value US$0.0001 per share, with the rights and privileges as set forth in the Memorandum and Articles.

  • Warrant Exercise Period shall commence (subject to Section 6(d) below), on the later of:

  • Series B Preferred Shares means the Series B Preferred Shares of the Company, par value US$0.0001 per share.

  • Series A-1 Preferred Shares means the Company’s series A-1 preferred shares, par value US$0.00001 per share.

  • Series B Holder means a Record Holder of the Series B Preferred Units.

  • Series C Preferred Shares means the Company’s series C preferred shares, par value US$0.00001 per share.

  • Series A Warrants means, collectively, the Common Stock purchase warrants delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof, which Warrants shall be exercisable immediately from the Closing Date and have a term of exercise equal to five (5) years, in the form of Exhibit A attached hereto.

  • Redemption Right has the meaning set forth in Section 11.01(a).

  • Put Right has the meaning set forth in Section 8.05(a).