Notice of Mandatory Conversion Sample Clauses

Notice of Mandatory Conversion. If the Company elects to effect a Mandatory Conversion, the Company shall, within twenty (20) Business Days following the completion of the applicable thirty (30) day Trading Period referred to in Section 7(a) above, provide notice of Mandatory Conversion to each Holder (such notice, a “Notice of Mandatory Conversion”). For the avoidance of doubt, a Notice of Mandatory Conversion does not limit a Holder’s right to convert on a Conversion Date prior to the Mandatory Conversion Date. The Mandatory Conversion Date selected by the Company shall be no less than thirty (30) Business Days and no more than forty-five (45) Business Days after the date on which the Company provides the Notice of Mandatory Conversion to the Holders. The Notice of Mandatory Conversion shall state the Mandatory Conversion Date selected by the Company.
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Notice of Mandatory Conversion. If the Company elects to effect a Mandatory Conversion, the Company shall provide notice of a Mandatory Conversion to each Holder (such notice, a “Notice of Mandatory Conversion”). The Mandatory Conversion Date selected by the Company shall be no less than five (5) Business Days and no more than twenty (20) Business Days after the date on which the Company provides the Notice of Mandatory Conversion to the Holders. The Notice of Mandatory Conversion shall state, as appropriate:
Notice of Mandatory Conversion. Within five (5) Business Days after the date on which this Note converts into shares of Preferred Stock and is then converted into shares of Common Stock as described in Section 5.1 (the "Mandatory Conversion Date"), the Company shall mail a notice of conversion by first class mail, postage prepaid, to the Holder, addressed to the Holder at its last address shown on the books of the Company. Notwithstanding any provision of this Note or any other document or instrument to the contrary, this Note (and, in accordance with the provisions of this Section 5.2, the shares of Preferred Stock issuable upon conversion of this Note) shall be converted automatically and without any further action by the Holder hereof on the Mandatory Conversion Date, whether or not this Note or any other certificates, documents or instruments are surrendered to the Company by the Holder. On the Mandatory Conversion Date, the Company shall make entries on the stock book of the Company reflecting the conversion of the Note into the shares of Preferred Stock and the conversion of the shares of Preferred Stock into Common Stock. The Company shall be obligated to issue (i) certificates evidencing the shares of Common Stock issuable upon conversion of the Preferred Stock, and, (ii) as provided in Section 7 hereof, a check or cash in respect of any fractional shares of Common Stock issuable upon such conversion, within three (3) days after the Mandatory Conversion Date. Within seven (7) days after the Mandatory Conversion Date the Holder shall either deliver this Note to the Company, or notify the Company that this Note has been lost, stolen or destroyed and provide to the Company an Indemnity in respect thereto.
Notice of Mandatory Conversion. Within five (5) Business Days after the date on which outstanding shares of Series HP Convertible Preferred Stock convert into shares of Common Stock pursuant to Section 6.1 (the "Mandatory Conversion Date"), the Company shall mail a notice of conversion by first class mail, postage prepaid, to the Holders of shares of Series HP Convertible Preferred Stock, addressed to the Holder at its last address shown on the books of the Company. The shares of Series HP Convertible Preferred Stock shall be converted automatically and without any further action by the Holder thereof on the Mandatory Conversion Date, whether or not such shares of Series HP Convertible Preferred Stock are surrendered to the Company. The Company shall be obligated to issue (i) certificates evidencing the shares of Common Stock issuable upon such conversion, and (ii) a check or cash in respect of any fractional shares of Common Stock issuable upon such conversion, as provided in Section 8 hereof, and all declared but unpaid dividends of Series HP Convertible Preferred Stock, but not until three (3) days after the certificate evidencing the shares of Series HP Convertible Preferred Stock is either delivered to the Company or the Holder notifies the Company that the certificate has been lost, stolen or destroyed and provides to the Company an Indemnity in respect thereto.
Notice of Mandatory Conversion. If the Company elects to effect a Mandatory Conversion, the Company shall, within five Business Days following the completion of the applicable period of 20 Trading Days referred to in 7(a), provide notice of such Mandatory Conversion to each Holder (such notice, a “
Notice of Mandatory Conversion. For the avoidance of doubt, a Notice of Mandatory Conversion shall not limit a Holder’s right to convert its shares of Series B-2 Preferred Stock on any Conversion Date prior to the Mandatory Conversion Date. The Mandatory Conversion Date selected by the Company shall be no less than ten Business Days and no more than 20 Business Days after the date on which the Company provides the Notice of Mandatory Conversion to the Holders. The Notice of Mandatory Conversion shall specify:
Notice of Mandatory Conversion. If the Company elects to effect a Mandatory Conversion, the Company shall, on the first Business Day following the completion of the Trading Period, provide notice of the Mandatory Conversion to each Holder (such notice, a “Notice of Mandatory Conversion”). For the avoidance of doubt, a Notice of Mandatory Conversion does not limit a Holder’s right to convert on a Conversion Date prior to the Mandatory Conversion Date. The Mandatory Conversion Date selected by the Company shall be no less than ten (10) Business Days and no more than twenty (20) Business Days after the date on which the Company provides the Notice of Mandatory Conversion to the Holders. The Notice of Mandatory Conversion shall state, as appropriate:
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Notice of Mandatory Conversion. To: [Name(s) and address(es) of Series A Unitholder(s)] Reference is made to the Amended and Restated Agreement of Limited Partnership of Columbia Property Trust Operating Partnership, L.P. (the “Partnership”), as may be amended from time to time (the “Partnership Agreement”). All capitalized terms used herein and not otherwise defined shall have the same meaning ascribed to them respectively in the Partnership Agreement. The Partnership hereby informs you that, in accordance with the Section 7(a) of the Series A Convertible, Perpetual Preferred Units Addendum attached as Schedule A to the Partnership Agreement, each outstanding Series A Preferred Unit converted automatically to [one (1)] Subject to adjustment based on the Series A Conversion Factor. Common Unit on [DATE]. Dated:__________, ____ Columbia Property Trust Operating Partnership, L.P. By: Columbia Property Trust, Inc., its general partner By: __________________________ Name: Title: Exhibit D Exhibit E Notice of Exercise of Conversion Columbia Property Trust Operating Partnership, L.P. 0000 Xxxxxxxxx Xxxxxx, XX, Xxxxx 000 Xxxxxxx, Xxxxxxx 00000 Reference is made to the Amended and Restated Agreement of Limited Partnership of Columbia Property Trust Operating Partnership, L.P. (the “Partnership”), as may be amended from time to time (the “Partnership Agreement”). All capitalized terms used herein and not otherwise defined shall have the same meaning ascribed to them respectively in the Partnership Agreement. In accordance with Section 7(b) of the Series A Convertible, Perpetual Preferred Units Addendum attached as Schedule A to the Partnership Agreement, the undersigned hereby irrevocably (i) elects to convert __________ Series A Preferred Units in the Partnership into Common Units in accordance with the terms of the Agreement and the Addendum, and (ii) directs that any cash in lieu of Common Units that may be deliverable upon such conversion be delivered to the address specified below. The undersigned hereby represents, warrants, and certifies that the undersigned (a) has title to such Series A Preferred Units, free and clear of the rights or interests of any other person or entity other than the Partnership; (b) has the full right, power, and authority to cause the conversion of Series A Preferred Units as provided in Section 7(b) of the Addendum; and (c) has obtained the consent or approval of all persons or entities, if any, having the right to consent or approve such conversion. Dated:______...
Notice of Mandatory Conversion. If the Company elects to effect a Mandatory Conversion, the Company shall provide written notice of the Mandatory Conversion to each holder of Series A Preference Shares (such notice, a “Notice of Mandatory Conversion”). The Mandatory Conversion Date selected by the Company shall be no less than 30, nor more than 60, days after the date on which the Company provides the Notice of Mandatory Conversion to each such holder. The Notice of Mandatory Conversion shall state, as appropriate: (i) the Mandatory Conversion Date selected by the Company; and (ii) the Conversion Rate as in effect on the Mandatory Conversion Date, the number of Common Shares to be issued (and the amount of cash in lieu of fractional shares, if any, to be paid) to such holder upon conversion of each Series A Preference Share held by such holder and, if applicable, the amount of Dividends to be paid to such holder on the next Dividend Payment Date.
Notice of Mandatory Conversion. If the Company elects to exercise its right to cause a mandatory conversion pursuant to Section 5.20, on or prior to the seventh Business Day following the last day of the Mandatory Conversion Eligibility Period, the Company shall mail a notice of mandatory conversion to each holder whose Securities are to be mandatorily converted at such holder's registered address. The notice shall identify the Securities to be mandatorily converted (including the CUSIP number) and shall state:
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