Share Conversion definition

Share Conversion means the conversion of NACCO Class B Common Stock into NACCO Class A Common Stock or the conversion of Xxxxxxxx Beach Holding Class B Common Stock into Xxxxxxxx Beach Holding Class A Common Stock.
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Share Conversion has the meaning set forth in Section 2.3.5 of this Agreement. Software shall mean all computer programs licensed to, used or owned, in whole or in part, by the Parties, or which is or has been created or developed for, used in, or necessary for the conduct of each Parties' respective Business, including, but not limited to, the computer programs listed in Schedules attached hereto and made a part hereof. Software shall also include any and all program documentation, program listings, flow charts, logic diagrams, input and output forms, manuals, specifications, instructions, and other materials prepared by or for any Party, and all copies of materials prepared by or for any Party, and all copies of the foregoing, in any medium, related to the Software. Further, Software includes any and all translations, updates, modifications, and enhancements to the Software made by any Party up to the Closing Date, and includes all of any Party's Intellectual Property Rights in the Software.
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Share Conversion the conversion of all issued and outstanding Series A Preferred Shares, Series B Preferred Shares and Series C Preferred Shares into Ordinary Shares, in accordance with the resolutions of the holders of such preferred shares to be adopted at an Alibaba shareholders meeting to be held on or prior to the Closing Date.
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Examples of Share Conversion in a sentence

  • For avoidance of doubt, fractions of Proportionate Voting Shares may be issued in respect of any amount of Common Shares in respect of which the Common Share Conversion Right is exercised which is less than one hundred (100).

  • Share Conversion SchemeThe Company’s Articles incorporate provisions to enable shareholders of any one Class of Ordinary Shares to convert all or part of their holding into any other Currency Class of Ordinary Share on a monthly basis.

  • The Common Share Conversion Right may only be exercised for the purpose of depositing the Proportionate Voting Shares acquired upon conversion under such Offer, and for no other reason.

  • To Convert a Maximum Limit of 4% of PCSO Outstanding Shares per Annum under SEC Rule 144A.Outstanding Shares 2,975,796,594 4% Maximum Share Conversion per Annum 119,031,864(2,975,796,594 x .04)Book Value per Share X $38.34Total (with rounding difference) 4,563,681,666 2.

  • If the Common Share Conversion Right is exercised, the Company shall procure that the transfer agent for the Common Shares shall deposit under such Offer the Proportionate Voting Shares acquired upon conversion, on behalf of the holder.

  • If the client keeps valuables in the safe deposit box, the Bank does not give the client nominal safe documents.

  • If the offeror under such Offer takes up and pays for the Proportionate Voting Shares acquired upon exercise of the Common Share Conversion Right, the Company shall procure that the transfer agent for the Common Shares shall deliver to the holders of such Proportionate Voting Shares the consideration paid for such Proportionate Voting Shares by such offeror.

  • Pursuant to the Merger Agreement, each outstanding share of common stock, par value $0.01 per share of the Company ("Common Stock") (other than as provided in the Merger Agreement), was converted (the "Share Conversion") into (i) 0.72 of a share of Common Stock of the Company and (ii) $5.60 in cash per share, without interest.

  • Each Proportionate Voting Share shall be convertible at the option of the holder into such number of Common Shares as is determined by multiplying the number of Proportionate Voting Shares in respect of which the Proportionate Share Conversion Right is exercised by one hundred (100).

  • To the extent that issuances of Common Shares on exercise of the Proportionate Share Conversion Right would result in the 40% Threshold being exceeded, the number of Common Shares to be issued will be pro-rated among each holder of Proportionate Voting Shares exercising the Proportionate Share Conversion Right, and the holder shall retain the balance of unconverted Proportionate Voting Shares (or fractions thereof).


More Definitions of Share Conversion

Share Conversion has the meaning attributed to it in section 2.2.
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Share Conversion means the conversion of the Company’s Class B common shares into Class A common shares, any related option conversion, share split or share consolidation and any related transactions described in the Disclosure Package, the Prospectus and the Registration Statement (exclusive of any supplement thereto).
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Related to Share Conversion

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

  • Company Conversion Price means, the lower of (i) the applicable Conversion Price and (ii) that price which shall be computed as 90% of the arithmetic average of the Weighted Average Price of the Common Stock on each of the twenty (20) consecutive Trading Days immediately following the applicable Installment Date (each such period, a "Company Conversion Measuring Period"). All such determinations to be appropriately adjusted for any stock split, stock dividend, stock combination or other similar transaction that proportionately decreases or increases the Common Stock the applicable such Company Conversion Measuring Period.

  • Series B Conversion Price means, as of the applicable Conversion Date, the greater of (A) the average of the Market Values of the Common Stock for the five consecutive Trading Days preceeding (but not including) such Conversion Date, or (B) the then effective Series B Minimum Conversion Price.

  • Date of Conversion Conversion Price:_______________________________________________________________ Shares To Be Delivered:_________________________________________________________ Signature:______________________________________________________________________ Print Name:_____________________________________________________________________ Address:________________________________________________________________________

  • New Conversion Price means the amount determined in accordance with the following formula, which shall apply from the QTE Effective Date: NCP = ECP * (VWAPAES / VWAPOS) where:

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

  • Automatic Conversion means the irrevocable and automatic release of all of the Company’s obligations under the Securities (other than the CSO Obligations, if any) in consideration of the Company’s issuance of the Conversion Shares at the Conversion Price to the Conversion Shares Depository (on behalf of the Holders and Beneficial Owners of the Securities) or to the relevant recipient of such Conversion Shares, all in accordance with the terms of the Securities.

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

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

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

  • Dividend Shares means the shares of Common Stock issuable in payment of dividends payable on the Preferred Shares in accordance with the terms of the Certificate of Designation.

  • Conversion Stock means shares of Common Stock issued upon conversion of the Preferred Stock.

  • Series B-2 Preferred Stock means shares of the Company’s Series B-2 Preferred Stock, par value $0.001 per share.

  • Series A Conversion Price shall initially be equal to $0.71. Such initial Series A Conversion Price, and the rate at which shares of Series A Preferred Stock may be converted into shares of Common Stock, shall be subject to adjustment as provided below.

  • Stock Split means any kind of stock split in relation to the Shares, including a free share distribution to the holders of Shares, a stock dividend or a sub-division of Shares;

  • Series D Preferred Shares means the Company’s series D preferred shares, par value US$0.00001 per share.

  • Forced Conversion has the meaning set forth in Section 4.05(c) hereof.

  • Company Convertible Notes means the convertible notes issued by the Company pursuant to the convertible note purchase agreement by and among the Company, PA Grand Opportunity Limited and other investors named therein dated June 6, 2016, as amended on June 13, 2016.

  • Conversion Plan shall have the meaning given to such term in Section 2.05 of this Agreement.

  • Series C Preferred Shares means the Company’s series C preferred shares, par value US$0.00001 per share.

  • Series B Convertible Preferred Stock means the Series B Convertible Preferred Stock, $0.01 par value per share, of the Corporation.

  • Series B Preferred Shares means the Series B Preferred Shares of the Company, par value US$0.0001 per share.

  • Fully Diluted Share Number means the aggregate sum of: (i) the number of shares of Company Common Stock issued and outstanding immediately prior to the Effective Time; (ii) the number of shares of Company Common Stock issuable upon the voluntary conversion of all of the shares of Company Preferred Stock issued and outstanding immediately prior to the Effective Time into Company Common Stock and (iii) the number of shares of Company Common Stock issuable upon exercise of all Stock Options.

  • Base Conversion Price shall have the meaning set forth in Section 5(b).

  • Common Share Reorganization has the meaning set forth in Section 4.1;

  • Series B Preferred Stock means shares of the Company’s Series B Preferred Stock, par value $0.00001 per share.