Common use of Notice of Mandatory Conversion Clause in Contracts

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.

Appears in 3 contracts

Samples: Business Combination Agreement (Tailwind Acquisition Corp.), Business Combination Agreement (Tailwind Acquisition Corp.), Investment Agreement (eHealth, Inc.)

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Notice of Mandatory Conversion. If the Company elects to effect a Mandatory Conversion, the Company shall, within twenty (20) Business Days on the date immediately following the completion of the applicable thirty (30) day Trading Period referred to in Section 7(a) above, 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 thirty ten (3010) Business Days and no more than forty-five twenty (4520) 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.state, as appropriate:

Appears in 3 contracts

Samples: Registration Rights Agreement (Comscore, Inc.), Registration Rights Agreement (Comscore, Inc.), Registration Rights Agreement (Comscore, Inc.)

Notice of Mandatory Conversion. If the Company elects to effect a Mandatory Conversion, the Company shall, within twenty ten (2010) Business Days following the completion of the applicable thirty (30) day Trading Period referred to in Section 7(a) above, 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 thirty ten (3010) Business Days and no more than forty-five twenty (4520) 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.state, as appropriate:

Appears in 2 contracts

Samples: Investment Agreement (Box Inc), Investment Agreement (Coty Inc.)

Notice of Mandatory Conversion. If the Company elects to effect a Mandatory Conversion, the Company shall, within twenty ten (2010) Business Days following the completion of the applicable thirty (30) day Trading Period referred to in Section 7(a) above, 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 thirty ten (3010) Business Days and no more than forty-five twenty (4520) Business Days after the date on which the Company provides the Notice of Mandatory Conversion to the HoldersHolders (such date, the “Mandatory Conversion Notice Date”). The Notice of Mandatory Conversion shall state the Mandatory Conversion Date selected by the Company.state, as appropriate:

Appears in 2 contracts

Samples: Investment Agreement (Bright Health Group Inc.), Investment Agreement (Bright Health Group Inc.)

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.

Appears in 1 contract

Samples: Business Combination Agreement (Anzu Special Acquisition Corp I)

Notice of Mandatory Conversion. If the Company elects to effect a Mandatory Conversion, the Company shall, within twenty five (205) Business Days following the completion of the applicable thirty (30) day Trading Period referred to in Section 7(a) above, provide irrevocable and binding 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 thirty five (305) Business Days and no more than forty-five ten (4510) 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.state, as appropriate:

Appears in 1 contract

Samples: Investment Agreement (Knoll Inc)

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Notice of Mandatory Conversion. If the Company elects to effect a Mandatory Conversion, the Company shall, within twenty ten (2010) 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 ten (3010) Business Days and no more than forty-five twenty (4520) 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.state, as appropriate:

Appears in 1 contract

Samples: Investment Agreement (US Foods Holding Corp.)

Notice of Mandatory Conversion. If the Company elects to effect a Mandatory Conversion, the Company shall, within twenty ten (2010) Business Days following the completion of the applicable thirty forty-five (3045) 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 ten (3010) Business Days and no more than forty-five twenty (4520) 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.state, as appropriate:

Appears in 1 contract

Samples: Registration Rights Agreement (CommScope Holding Company, Inc.)

Notice of Mandatory Conversion. If the Company elects to effect a Mandatory Conversion, the Company shall, within twenty no later than ten (2010) Business Days following the filing of the Company’s relevant Annual Report on Form 10-K or Quarterly Report on From 10-Q or the completion of the applicable thirty (30) day Trading Period referred to in Section 7(a) abovePeriod, as applicable, provide notice of a Mandatory Conversion to each Holder (such notice, a “Notice of Mandatory Conversion”). For the avoidance of doubt, delivery of 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 five (305) Business Days and no more than forty-five twenty (4520) 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.state, as appropriate:

Appears in 1 contract

Samples: Registration Rights Agreement (Covetrus, Inc.)

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