Other Convertible Securities definition
Examples of Other Convertible Securities in a sentence
No adjustment of the number of Series B Convertible Preferred Units shall be made under this Section 12.4(h)(ii) upon the issuance of any Other Convertible Securities which are issued pursuant to the exercise of any warrants, options or other subscription or purchase rights therefor, if any such adjustment shall previously have been made upon the issuance of such warrants, options or other rights pursuant to Section 12.4(h)(i) above.
For the purposes of this Section 12.4(h)(ii), the date as of which the number of Units and/or Convertible Preferred Units shall be computed shall be the earlier of (i) the date on which the Company shall enter into a firm contract for the issuance of such Other Convertible Securities and (ii) the date of actual issuance of such Other Convertible Securities.
Such adjustments shall be made upon each issuance of Other Convertible Securities and shall become effective immediately after such issuance.
If the Securityholder holds Subject Other Convertible Securities, the Securityholder covenants and agrees in favour of the Purchaser and Eclipse that, unless this Agreement is terminated in accordance with its terms, the Securityholder shall, to the extent that it has not done so prior thereto, exercise the conversion rights attached to the Subject Other Convertible Securities in accordance with their terms on the first Business Day after the Final Order shall have been granted.
BAMI-CA Common Stock, Preferred Stock, Stock Options and Other Convertible Securities.