Additional Conversion Shares definition

Additional Conversion Shares means the additional Conversion Shares that are issuable as a result of this Second Amended and Restated Certificate of Designation of Preferences, Rights and Limitations of Series A-1 Convertible Preferred Stock.

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Additional Conversion Shares. ’ means the Conversion Shares of up to 191,810,365 Shares issuable by the Company upon conversion of the Convertible Bonds following the Adjustment in addition to the Approved Conversion Shares;

Additional Conversion Shares means the additional shares of Common Stock issuable upon conversion of the Series A-1 Preferred Stock as a result of the Second Amended and Restated Certificate of Designation of Preferences, Rights and Limitations of Series A-1 Convertible Preferred Stock.

Examples of Additional Conversion Shares in a sentence

If, at any time, the number of authorized but unissued shares of Common Stock is not sufficient to effect the issuance of Additional Conversion Shares, then Iomed shall immediately take such corporate action as is necessary to increase its authorized but unissued shares of Common Stock to such number of shares of Common Stock as shall be sufficient for such purpose.
The issuance by the Company of the Company Securities and the delivery of the Lu Conversion Shares, the Lu Warrant Shares and the Lu Additional Conversion Shares pursuant to the terms of the Put Agreements shall not have the effect of delisting or suspending the Common Shares from the Principal Market.
All of the Additional Conversion Shares that may be issued pursuant to the Additional Note shall have been approved for listing or quotation on the Trading Market as of the Additional Closing Date, without regard to any limitations on conversion set forth in the Additional Note, subject only to notice of issuance.
In the event that Iomed fails to take such corporate action in order to permit Four▇▇▇▇ ▇▇ receive the Additional Conversion Shares in accordance with Section 3.04 hereof, (a) such failure shall not affect or otherwise prejudice Four▇▇▇▇'▇ ▇▇ such Additional Conversion Shares, and (b) Four▇▇▇▇ ▇▇▇ll have the right to (i) receive such Additional Conversion Shares as soon as practicable after Iomed takes such corporate action and/or (ii) seek other monetary or injunctive relief.
Upon each conversion of a Note pursuant to a Redemption Period Conversion, the Holder of such Note shall be entitled to receive a number of Conversion Shares equal to the Base Conversion Shares, plus, in the case of a Warrantless Optional Redemption, the Additional Conversion Shares (collectively, the “Redemption Period Conversion Shares”).

More Definitions of Additional Conversion Shares

Additional Conversion Shares has the meaning set forth in Section 15.01(b).

Additional Conversion Shares means the additional shares of Common Stock and/or the different class or classes of shares, if any, to be issued to Four▇▇▇▇ ▇▇▇suant to Section 3.04 hereof. In the case of an adjustment to the Conversion Price, the Additional Conversion Shares to be issued to Four▇▇▇▇ ▇▇▇ll represent the difference between the number of such shares Four▇▇▇▇ (▇) would receive by dividing the Principal Amount by the Conversion Price as adjusted in accordance with Section 3.04 hereof and (b) received pursuant to Section 3.01 hereof. In the case of a change in the class or classes of stock, Four▇▇▇▇ ▇▇▇ll 5 be entitled to receive, in lieu of the Additional Conversion Shares which it is entitled to receive but for such change, the equivalent of the shares of such other class or classes of stock that reflects what Four▇▇▇▇ ▇▇▇ld have received if it had been entitled to receive such Additional Conversion Shares immediately prior to such change.

Additional Conversion Shares means, and are hereby replaced with, the "Replacement Additional Conversion Shares";

Additional Conversion Shares means shares of Common Stock that may be issued by the Company (i) in connection with the repurchase of certain Additional Notes pursuant to the mandatory repurchase obligation set forth in Section 5.15 of the New Securities Purchase Agreement and (ii) upon conversion of the Additional Notes that are not subject to the mandatory repurchase obligation in Section 5.15 of the New Securities Purchase Agreement.”;

Additional Conversion Shares shall have the meaning given in the recitals to this Agreement;

Additional Conversion Shares means the number of shares equal to a fraction, (a) the numerator of which is (I) the product of (w) the number of Purchased Shares held by such Eligible Person as of the first anniversary of the date hereof (the “Eligible Shares”), it being understood that the number of Purchased Shares shall be calculated treating the Purchased Preferred Shares on an as-converted basis for the purposes of this Section 5(b), and (x) the Per Share Price, minus (II) the product of (y) such number of Eligible Shares and (z) the Average Trading Price; and (b) the denominator of which is the Average Trading Price; provided, that if the Average Trading Price is less than $12.13, the Average Trading Price shall be deemed to be $12.13 for the purposes of this clause (i).

Additional Conversion Shares means the additional shares of Common Stock and/or the different class or classes of shares, if any, to be issued to ▇▇▇▇▇▇▇▇ pursuant to Section 3.04 hereof. In the case of an adjustment to the Conversion Price, the Additional Conversion Shares to be issued to ▇▇▇▇▇▇▇▇ shall represent the difference between the number of such shares ▇▇▇▇▇▇▇▇ (a) would receive by dividing the Principal Amount by the Conversion Price as adjusted in accordance with Section 3.04 hereof and (b) received pursuant to Section 3.01 hereof. In the case of a change in the class or classes of stock, ▇▇▇▇▇▇▇▇ shall be entitled to receive, in lieu of the Additional Conversion Shares which it is entitled to receive but for such change, the equivalent of the shares of such other class or classes of stock that reflects what ▇▇▇▇▇▇▇▇ would have received if it had been entitled to receive such Additional Conversion Shares immediately prior to such change.

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