Converted Common Shares definition

Converted Common Shares shall have the meaning ascribed to such term in the Preliminary Statements to this Agreement.

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Converted Common Shares means any shares of Common Stock acquired by the Holders by conversion of all or a portion of the principal amount of the Debentures.

Converted Common Shares means the shares of the Corporation's Common Stock into which the Preferred Shares are convertible pursuant to the terms of the Preferred Shares.

Examples of Converted Common Shares in a sentence

If a registration statement with respect to the Common Shares, the Converted Common Shares and the Warrant Shares is not effective on the Registration Deadline date, the Company agrees to and shall pay a cash penalty equal to two percent (2%) per month of the final amount of the completed offering under each Purchase Agreement, payable monthly and pro-rated for partial months until the registration statement is effective.
Such registration statement shall initially register for resale at least 100% of the Common Shares, the Converted Common Shares and the Warrant Shares.
None of the outstanding shares of Common Stock or Preferred Stock was, and none of the Converted Common Shares will be, issued in violation of any preemptive rights, rights of first refusal or other similar rights to subscribe for or purchase securities of the Company.
Notwithstanding the foregoing, neither Columbia nor any other Person will be liable to any holder of Stewardship Converted Common Shares for any amount delivered to a public official pursuant to applicable abandoned property, escheat or other similar Laws.
The Corporation agrees to grant piggy-back registration rights on the Note Holder's Converted Common Shares issued in conjunction with, and exercisable upon, Continuum's exercise of its Call Option.
To induce the Purchaser to execute and deliver the Purchase Agreement, the Company has agreed, pursuant to the terms and conditions of this Agreement, to provide certain registration rights with respect to the Common Shares, the Converted Common Shares and the Warrant Shares.
Such registration statement shall be kept current and effective for the greater of (i) a period of at least twelve (12) months from the Closing Date and (ii) a period of at least ninety (90) days after (x) all of the Class B Convertible Preferred Shares shall have been converted into Converted Common Shares or redeemed and (y) the Agent's Warrant and the Agent's Warrant shall have been fully exercised or expired.
The Company will comply with all requirements of the NYSE with respect to the issuance of the Converted Common Shares and shall cause the Common Stock and Converted Common Shares to be listed on the NYSE.
Note Holder shall be allowed to substitute one cent par value common stock of the Corporation currently held by him for the Converted Common Shares called by Continuum pursuant to the Call Option granted in this Agreement.
Assuming the receipt of the NYSE Approval, no vote of stockholders will be needed for the issuance of the Convertible Preferred Stock or the ability of Purchaser to exercise the voting rights contained therein, except for the approval described in Section 3.1(b)(A) to issue the Converted Common Shares.

More Definitions of Converted Common Shares

Converted Common Shares means the shares of CIC Class A Common Stock that will be converted into Common Stock Consideration Per Share and Common Share Cash Consideration Per Share pursuant to Sections 2.3(a)(i).

Converted Common Shares. Converted Common Shares shall mean, collectively, (a) shares of Common Stock issuable upon exercise of the conversion rights of the Series A Preferred Stock in accordance with its terms, (b) any shares of Common Stock into which such shares of Common Stock have been converted, (c) any capital stock or other securities into which or for which such Common Stock shall have been converted or exchanged pursuant to any recapitalization, reorganization or merger of the Company, and (d) any shares of capital stock issued with respect to the foregoing pursuant to a stock dividend or stock split; provided that no Converted Common Shares which have been sold pursuant to a Public Sale shall be considered to be outstanding Converted Common Shares or Securities hereunder. Determination Date. Determination Date has the meaning set forth in the form of Warrant attached as Exhibit C to the Securities Purchase Agreement.