Convertible Holder definition
Examples of Convertible Holder in a sentence
The number of Agnico Eagle Common Shares to be delivered to Former Corporation Shareholders and Corporation Convertible Holders shall, without additional compensation, be rounded down to the nearest whole Agnico Eagle Common Share in the event that a Former Corporation Shareholder or Corporation Convertible Holder is entitled to a fractional Agnico Eagle Common Share.
The number of New Osisko Common Shares to be delivered to Former Corporation Shareholders and Corporation Convertible Holders shall, without additional compensation, be rounded down to the nearest whole New Osisko Common Share in the event that a Former Corporation Shareholder or Corporation Convertible Holder is entitled to a fractional New Osisko Common Share.
The number of Yamana Common Shares to be delivered to Former Corporation Shareholders and Corporation Convertible Holders shall, without additional compensation, be rounded down to the nearest whole Yamana Common Share in the event that a Former Corporation Shareholder or Corporation Convertible Holder is entitled to a fractional Yamana Common Share.
Capital Gain shall be allocated to each Convertible Holder, pro rata in accordance with their ownership of Convertible Interests, in an amount equal to the excess of (i) the amount distributable to such holder pursuant to Section 7.3(b)(ii) (without regard to the proviso at the end of Section 7.3(b)(ii)) over (ii) amounts previously allocated pursuant to this Section 5.4(i).
Agreement for the Issuance and Subscription of Convertible Notes 6 The Issuer, after updating the register in which the Convertible Notes are registered, shall in turn procure the issue of the relevant number of New Shares to the relevant Convertible Holder and the consideration therefor shall be the release by the Convertible Holder of an amount of debt equal to the Conversion Amount (by way of set-off with the issue price for the New Shares).
Each Information Rights Convertible Holder shall be solely responsible for timely accessing posted documents and maintaining its copies of such documents.
By written notice to the Company, any Convertible Holder may increase or decrease the Conversion Limitation to any other percentage not in excess of 9.99% specified in such notice; provided that (i) any such increase will not be effective until the 61st day after such notice is delivered to the Company, and (ii) any such increase or decrease will apply only to the Convertible Holder sending such notice and not to any other Holder of Convertible Notes.
The conversion shall not require the payment of any fee or charge by the relevant Convertible Holder.
To the extent that the Convertible Holder has not requested Conversion during the Conversion Period, the Convertible Holder shall be deemed to have requested Conversion of the Convertibles on the last Business Day of the Conversion Period as per Clause 4(a).
To the extent that the Convertible Holder has not requested Conversion during the Conversion Period, the Convertible Holder shall be deemed to have requested Conversion of the Convertibles on the last Business Day of the Conversion Period as per Clause 4.