Conversion Securities definition

Conversion Securities has the meaning set forth in Section 4.08(b).

Conversion Securities means the shares of Common Stock issuable upon conversion of this Note in accordance with Sections 5.1 and 5.2(d).

Conversion Securities means Common Stock or Subsequent Round Securities, as applicable.

Examples of Conversion Securities in a sentence

• The sale of the Note and the subsequent issuance of the Conversion Securities are not and will not be subject to any preemptive rights or rights of first refusal that have not been properly waived or complied with.

• The Conversion Securities, when issued in compliance with the provisions of the Transaction Agreements will be validly issued, fully paid and nonassessable and free of any liens or encumbrances and issued in compliance with all applicable federal and securities laws.

• Notwithstanding the foregoing, the Buyer may assign its rights hereunder to any “qualified person”, any “permitted assigns”, or “prospective transferee” that acquires or purchases Conversion Securities in a private transaction from the Buyer or to any of its “affiliates,” as that term is defined under the 1933 Act, without the consent of the Company with Bxxxx’s opinion of counsel (from a reputable law firm) permitting the same.

• The Purchaser represents that it is acquiring the Securities solely for its own account and beneficial interest for investment and not for sale or with a view to distribution of the Note or Conversion Securities or any part thereof, has no present intention of selling (in connection with a distribution or otherwise), granting any participation in, or otherwise distributing the same, and does not presently have reason to anticipate a change in such intention.

More Definitions of Conversion Securities

Conversion Securities means this Instrument or any Conversion Shares issuable upon exercise of the conversion rights under this Instrument, in whole or in part.

Conversion Securities means the Common Stock or other securities or property purchasable on the exercise of the Warrants.

Conversion Securities means the securities delivered on conversion of Securities (or any securities successor thereto), together with any securities successor thereto to those so delivered on conversions.

Conversion Securities means the securities into which the Note is convertible, and any securities issuable upon conversion or exercise thereof.

Conversion Securities means any security, share, obligation, promissory note, option, warrant or any other debt, equity or other instrument into which any Exchange Shares has been converted or exercised into, or which are provided to any Osprey Party under or in respect of any such Exchange Shares, in each case, on and from the Original Call Option Date until the settlement of the relevant exercise of the Option hereunder in respect of the Exchange Shares (including, without limitation, the Exchange Shares and Related Rights), including in each case any Option Interest.

Conversion Securities means such securities of the Company issuable upon a Mandatory Conversion of this Note in connection with the occurrence of a Qualified Financing.

Conversion Securities means the Class A Ordinary Shares or the ADSs upon conversion of the Convertible Securities held by such holder in accordance with the terms of the Notes and/or the Certificate of Designation.