Conversion Features Sample Clauses

Conversion Features. Conversions from one class of a Fund’s shares into another class of shares are not permitted; provided, however, that if a shareholder of a particular class is no longer eligible to own shares of that class, upon prior notice to such shareholder, those shares will be converted to shares of the same Fund but of another class in which such shareholder is eligible to invest. Similarly, if a shareholder becomes eligible to invest in shares of another class that has lower expenses than the class in which such shareholder is invested, such shareholder may be eligible to convert into shares of the same Fund but of the class with the lower expenses.

Conversion Features. (A) Convertible into shares of common stock of Viking at a fixed conversion price equal to the volume weighted average price of Viking’s common stock during the period commencing on the date which the terms of the MIPA were disclosed by Viking through a Current Report on Form 8-K filed with the Securities and Exchange Commission and ending on the date that is the 10th business day following the Closing Date. (B) All conversions shall be subject to a 9.99% beneficial ownership limitation. (C) The conversion entitlement with respect to 40% of Stock Consideration shall not apply until the Commercial Operations Date.

Conversion Features. For Class I, Class II, Class III, Class IV, Class V, Class VI, Class VII and Class VIII Shares, the value of each client’s Total Investment and Total Fund Investment with GMO will be determined on each Determination Date. Based on that determination, and subject to the following, each client’s shares of each Fund will be converted to the class of shares of that Fund which is then being offered bearing the lowest Shareholder Service Fee for which the client satisfies all minimum investment requirements (or, to the extent the client already holds shares of that class, the client will remain in that class). With respect to any Fund: