Conversion by Trustee Sample Clauses
Conversion by Trustee. If any Special Warrant has not been converted pursuant to Section 4.1 hereof prior to the Qualification Date, such Special Warrant will be converted by the Trustee for and on behalf of the holder thereof and, without any action on the part of the holder thereof (including the surrender of any Special Warrant Certificate), and the Special Warrants will be deemed to have been converted into Underlying Securities on the first Business Day following the Qualification Date.
Conversion by Trustee. If any Special Warrant has not been converted pursuant to section 4.1 hereof prior to the Time of Expiry, such Special Warrant will be converted by the Trustee for and on behalf of the holder thereof and, without any action on the part of the holder thereof (including the surrender of any Special Warrant Certificate), the Special Warrants shall be deemed to have been converted into Units immediately prior to the Time of Expiry in accordance with section 4.1 hereof.