Exchange and Conversion Sample Clauses
Exchange and Conversion. Any Extraordinary Resolutions or Written Resolutions which have been duly passed and which modify any provision of, or action in respect of, the Conditions may be implemented at the Issuer’s option by way of a mandatory exchange or conversion of the Notes and each other affected series of debt securities, as the case may be, into new debt securities containing the modified terms and conditions if the proposed mandatory exchange or conversion of the Notes is notified to Noteholders at the time notification is given to the Noteholders as to the proposed modification or action. Any such exchange or conversion shall be binding on all Noteholders.
Exchange and Conversion. Any Extraordinary Resolutions or Written Resolutions which have been duly passed and which modify any provision of, or action in respect of, the Conditions may be implemented at the Ministry of Finance’s option by way of a mandatory exchange or conversion of the Bonds and each other affected series of debt securities, as the case may be, into new debt securities containing the modified terms and conditions if the proposed mandatory exchange or conversion of the Bonds is notified to Bondholders at the time notification is given to the Bondholders as to the proposed modification or action. Any such exchange or conversion shall be binding on all Bondholders.
Exchange and Conversion. Any duly approved modification of the terms and conditions of the Securities may be implemented by means of a mandatory exchange or conversion of the Securities for new debt securities containing the modified terms and conditions if the proposed exchange or conversion is notified to Holders prior to the record date for the relevant proposal and/or proposed modification. Any conversion or exchange undertaken to implement a duly approved proposal and/or modification will be binding on all Holders.
Exchange and Conversion. Any duly approved modification of Conditions of the Notes may be implemented by means of a mandatory exchange or conversion of the Notes for new securities containing the modified provisions if the proposed exchange or conversion is notified to Noteholders prior to the Record Date for the proposed modification. Any conversion or exchange undertaken to implement a duly approved modification will be binding on all Noteholders.
Exchange and Conversion. Subject to the terms and conditions hereof, each Term B Lender with a Term B-1 Commitment severally agrees to exchange and convert its Original Term B Advances for a like principal amount of advances (together with the Additional Term B-1 Advances, the "Term B-1 Advances") to the Borrower on the Amendment No. 1 Effective Date, and from and after the Amendment No. 1 Effective date such Term B Advance shall be deemed refinanced in full and such Term B-1 Advances shall be deemed made hereunder. Term B-1 Advances borrowed under this Section 2.01(a)(i) and repaid or prepaid may not be reborrowed.
Exchange and Conversion. At the Effective Time, upon the terms and conditions set forth in the provisions of this Agreement, each outstanding share of Company Common Stock (other than shares held in the treasury of the Company and shares as to which rights of dissent have been exercised) shall be converted into one (1) share of Holding Company Common Stock.