Exercise of Conversion Right definition

Exercise of Conversion Right. Means the exercise of the right to convert the CDs into the ordinary shares of Issuer of CDs in accordance with the prescribed conversion ratio. Exercise of Conversion Right is subject to change under certain circumstances as specified herein.
Sample 1

Examples of Exercise of Conversion Right in a sentence

  • Each Preferred Limited Partner holding Series B Convertible Preferred Units shall have the right, at any time or from time to time, to convert some or all of such Series B Convertible Preferred Units into Common Units, by providing the General Partner with a Notice of Exercise of Conversion Right as set forth on Exhibit B-2 hereto 5 business days prior to the effective date of such conversion.

  • Exercise of Conversion Right; Issuance of Common Stock on Conversion; No Adjustment for Interest or Dividends 86 Section 14.03.

  • Exercise of Conversion Right; No Adjustment for Interest or Dividends 80 Section 15.03.

  • SECTION 12.2. Exercise of Conversion Right SECTION 12.3. Fractions of Shares SECTION 12.4. Adjustment of Conversion Rate SECTION 12.5. Notice of Adjustments of Conversion Rate SECTION 12.6. Notice Prior to Certain Actions SECTION 12.7. Company to Reserve Common Stock SECTION 12.8. Taxes on Conversions SECTION 12.9. Covenant as to Common Stock SECTION 12.10.

  • Section 12.1. Conversion Right and Conversion Rate 54 Section 12.2. Exercise of Conversion Right 54 Section 12.3. Fractions of Shares 55 Section 12.4. Adjustment of Conversion Rate 56 Section 12.5. Notice of Adjustments of Conversion Rate 65 Section 12.6. Notice Prior to Certain Actions 65 Section 12.7. Company to Reserve Common Stock 66 Section 12.8. Taxes on Conversions 66 Section 12.9. Covenant as to Common Stock 67 Section 12.10.

  • Where the Convertible Debentures are in Certificate form, the Issuer shall (or shall procure that the Registrar shall), within 15 (fifteen) days from the relevant Conversion Date, issue and deliver new Certificate in respect of the remaining Convertible Debentures from each Exercise of Conversion Right (if any) to the Convertible Debentureholder who exercises his/her/its conversion rights by registered mail.

  • Exercise of Conversion Right.......................................................................

  • SECTION 6.1. Conversion Right and Conversion Rate 26 SECTION 6.2. Conversion Consideration 27 SECTION 6.3. Exercise of Conversion Right 27 SECTION 6.4. Fractions of Shares 29 SECTION 6.5. Adjustment of Conversion Rate 29 SECTION 6.6. Notice of Adjustments of Conversion Rate 36 SECTION 6.7. Cancellation of Converted Notes 37 SECTION 6.8. Provision in Case of Consolidation, Merger or Sale of Assets 37 SECTION 6.9. Rights Issued in Respect of Common Stock 38 SECTION 6.10.

  • Such Convertible Debentureholder may express his/her/its intention for the Exercise of Conversion Right within the Exercise Period in respect of the next Conversion Date.

  • Exercise of Conversion Right; Issuance of Common Stock on Conversion; No Adjustment for Interest or Dividends 39 Section 15.03 .

Related to Exercise of Conversion Right

  • 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.

  • Optional Conversion means the conversion of any Convertible Preferred Stock other than a Mandatory Conversion.

  • Forced Conversion Notice shall have the meaning set forth in Section 6(d).

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

  • Mandatory Conversion Notice shall have the meaning ascribed to it in Section 4.01(b)(ii) hereof.

  • Forced Conversion shall have the meaning set forth in Section 6(d).

  • Demand Exercise Notice has the meaning set forth in Section 2.1(a).

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

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

  • Company Convertible Securities means, collectively, any options, warrants or rights to subscribe for or purchase any capital stock of the Company or securities convertible into or exchangeable for, or that otherwise confer on the holder any right to acquire any capital stock of the Company.

  • Mandatory Conversion shall have the meaning set forth in Section 6.

  • Forced Conversion Notice Date shall have the meaning set forth in Section 6(d).

  • 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.

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

  • Company Conversion Price means, the lower of (i) the applicable Conversion Price and (ii) that price which shall be computed as ninety five percent (95%) of the lowest Volume Weighted Average Price of the Common Stock during the fifteen (15) consecutive Trading Days immediately preceding the applicable Installment Date. All such determinations to be appropriately adjusted for any stock split, stock dividend, stock combination or other similar transaction.

  • Warrant Share Delivery Date shall have the meaning set forth in Section 2(d)(i).

  • Interest Conversion Shares shall have the meaning set forth in Section 2(a).

  • Conversion Share means any share of Common Stock issued or issuable upon conversion of any Note.

  • Optional Conversion Date means, with respect to the Optional Conversion of any Convertible Preferred Stock, the first Business Day on which the requirements set forth in Section 10(d)(ii) for such conversion are satisfied.

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

  • Exercise Notice has the meaning set forth in Section 3.2(1);

  • Initial Warrant Exercise Date means __________, 1997.

  • Date of Conversion Conversion Price:_______________________________________________________________