Conversion Terms. As of the Effective Time, by virtue of the Merger and without any action on the part of any Stockholder or any stockholder of Mergerco:
Conversion Terms. The terms and procedures for conversion, including the form of Notice of Conversion, are set out in the Conditions.
Conversion Terms. As of the Effective Time, by virtue of the Merger and without any action on the part of any stockholder of the Company or AcquisitionCo:
Conversion Terms. Citizens may decide to hire a Contingent Worker as a Citizens’ employee. If Citizens decides to convert a Contingent Worker, then Citizens shall compensate Vendor as set forth in the schedule below. The conversion fee is based upon the starting base annual salary of the Contingent Worker for the position which they are being hired and will not take into consideration any relocation benefits or other sums. Job Category Calendar Days Worked Conversion Fee Non-exempt as defined by Citizens Position Description 1 – 30 Days 9% conversion fee 31 – 60 Days 7% conversion fee 61 – 90 Days 4% conversion fee 91 Days or more 0% conversion fee Job Category Calendar Days Worked Conversion Fee Exempt as defined by Citizens Position Description 1 – 365 Days Citizens reserves the right to negotiate the conversion fee up to a maximum of 18% conversion fee 366 Days or more 0% conversion fee
Conversion Terms. Subject to Section 4.7 hereof, each Special Warrant issued hereunder will entitle the holder thereof, upon the conversion thereof in accordance with the provisions of Article 4 hereof, and without payment of any additional consideration, to be issued, one (1) Common Share and one quarter of one (0.25) of one Warrant.
Conversion Terms. Subject to the terms and conditions of this Agreement, as of the Effective Time, by virtue of the Merger and without any action on the part of the parties hereto:
Conversion Terms. 13.1 Each Bondholder may exercise one or more of his Conversion Right(s) at the Conversion Price at any time during the Exercise Period (subject to any applicable fiscal or other laws) provided that notification thereof is given pursuant to clause 13.4. A Conversion Right may only be exercised in respect of the whole of the principal amount of a Bond. Conversion Rights may not be exercised (i) following the giving of notice by the Bond Trustee pursuant to clause 18.10 or (ii) in respect of a Bond which the relevant Bondholder has exercised its right to require the Issuer to redeem pursuant to the terms set forth in this Bond Agreement.
Conversion Terms. As of the Effective Time, by virtue of the Merger and without any action on the part of Acquisition, the Company or the holders of any securities of the Constituent Corporations:
Conversion Terms. Each Subscription Receipt issued hereunder will entitle the holder thereof, upon the conversion thereof in accordance with the provisions of article four hereof, and without payment of any additional consideration, to be issued one (1)
Conversion Terms. 13.1 The bonds may at any time during the term of the Loan (the “Conversion Period”) fully or partly be converted to shares of the Borrower provided that request for conversion is received by the Paying Agent as provided for in Clause 13.3 second paragraph second sentence at latest 10 Banking Days before the end of the Conversion Period.. The conversion right cannot be separated from the bonds.
