convertible means, if used to describe securities, that the rights and attributes attached to the securities include the right or option to purchase, convert into or exchange for or otherwise acquire equity securities of an issuer, or any other security that itself includes the right or option to purchase, convert into or exchange for or otherwise acquire equity securities of an issuer;
convertible means convertible into, exchangeable for, or carrying the right or obligation to purchase or otherwise acquire or cause the purchase or acquisition of, another security;
convertible and like words shall have a corresponding meaning.
Examples of convertible in a sentence
Capital fees, stamp duty and all other fees and duties (if any) relating to the issue and delivery of the Convertible Securities, allotment and issue of the Conversion Shares and fulfilment of all obligations under the Convertible Securities shall be borne by the Company.
More Definitions of convertible
convertible. , in relation to any exchange, means exchange which is freely negotiable and transferable in international exchange markets at exchange rate margins consistent with the Articles of Agreement of the International Monetary Fund;
convertible. Instrument” will mean any instrument issued by COMPANY that is convertible into, or may be exercised in exchange for, any Capital Stock.
convertible means a security which, at the option of the holder, may be exchanged for another security;
convertible bond gives you the right to convert bond into a specified number of unissued shares of the issuer or a related company. “Exchangeable” bond allows bondholder to exchange the bond for the shares of any organization which are already in issue and held by the issuer or a related company.
convertible means a security which, at the option of the holder, can be exchanged for another security, usually the equity of the issuer;
convertible means convertible into, exchangeable for, or carrying the right to purchase or cause the purchase of, another security;
convertible means a security which, at the option of the holder, may be exchanged for another security.