Class C Conversion Notice definition

Class C Conversion Notice has the meaning assigned to such term in Section 5.12(e)(ii).
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Class C Conversion Notice has the meaning as provided in section 4.15; (z) “Class C conversion number” has the meaning as provided in section 4.15; (aa) “Class C Shares” means the class C non-voting shares in the capital of the Company; (bb) “Class C Shareholder” means a holder of Class C Shares; (cc) “Close of Business” means 5:00 p.m., Eastern Time; (dd) “Company” means Brookfield Asset Management Reinsurance Partners Ltd.; (ee) “control” (including the terms “controlling,” “controlled by” and “under common control with”) means the possession, direct or indirect, of the power to direct or cause the direction of the management and policies of a person, whether through the ownership of voting securities, by contract, or otherwise; (ff) “Conversion Amount” has the meaning as provided in section 2.18; (gg) “Conversion Blackout Period” has the meaning set forth in Section 2.20; (hh) “Conversion Right” has the meaning as provided in section 2.18; (ii) “distribution” includes a dividend, a capital reduction resulting in a return of capital, or a combination of a dividend and a capital reduction; (jj) “Effective Date” means, with respect to an event described in clauses (i) and (v) of the definition of “Exchange Factor” below, the first date on which the BAM Shares, Class A Shares or Class A-1 Shares, as applicable, trade on the applicable exchange or in the applicable market, in a regular way, reflecting the relevant share split, subdivision, reserve split, combination or reclassification, as applicable; (kk) “Exchangeable Distributions” has the meaning as provided in section 2.2; (ll) “Exchangeable Shares” means, the Class A Shares and/or the Class A-1 Shares, as applicable; (mm) “Exchangeable Shareholders” means a holder of Exchangeable Shares; A-3
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Examples of Class C Conversion Notice in a sentence

  • Upon receipt of a Class C Conversion Notice, the Company shall, subject to applicable Law, promptly redeem the Exchangeable Shares subject to the Class C Conversion Notice in exchange for the issue to the converting Class C Shareholder of the requisite number of Class C Shares and the Transfer Agent shall cancel the converted Exchangeable Shares subject to the Class C Conversion Notice effective concurrently therewith.

  • All shares of Class C Common Stock still outstanding and not so converted after the determination of EBIDAT for the fiscal year ended September 30, 1992, shall be retired and cancelled as of the date of the Class C Conversion Notice and shall not be reissued.

  • Such conversion will be deemed to have been made immediately upon the Company’s receipt of the Class C Conversion Notice, and Calfinco will be treated for all purposes as the record holder of such Class A Preferred Shares on such date.

  • All conversions will be based upon the number of shares of Class C Common Stock registered in the name of each holder thereof on the date of the Class C Conversion Notice.

Related to Class C Conversion Notice

  • Mandatory Conversion Notice has the meaning set forth in Section 4.7.C hereof.

  • Forced Conversion Notice has the meaning set forth in Section 4.05(c) hereof.

  • Forced Conversion Notice Date shall have the meaning set forth in Section 6(d).

  • Mandatory Conversion Date has the meaning set forth in Section 7(a).

  • Conversion Notice has the meaning specified in Section 4.02(b).

  • Continuation/Conversion Notice means a notice of continuation or conversion and certificate duly executed by an Authorized Officer of the Borrower, substantially in the form of Exhibit C hereto.

  • Optional Conversion Date means, with respect to the Optional Conversion of any Convertible Preferred Stock, the first Business Day on which the requirements set forth in Section 10(d)(ii) for such conversion are satisfied.

  • Forced Conversion Amount means the sum of (a) 100% of the aggregate Stated Value then outstanding and (b) all liquidated damages and other amounts due in respect of the Preferred Stock.

  • Mandatory Conversion shall have the meaning set forth in Section 6.

  • Final Conversion Date means 5:00 p.m. in New York City, New York on the earlier to occur following the IPO of (i) the first Trading Day falling on or after the date on which the outstanding shares of Class B Common Stock represent less than ten percent (10%) of the aggregate number of shares of the then outstanding Class A Common Stock and Class B Common Stock, (ii) the tenth (10th) anniversary of the IPO or (iii) the date specified by affirmative vote of the holders of a majority of the outstanding shares of Class B Common Stock, voting as a single class.

  • Optional Conversion has the meaning set forth in Section 6(a).

  • Automatic Conversion Date shall have the meaning specified in Section 15.12(a).

  • Automatic Conversion means the irrevocable and automatic release of all of the Company’s obligations under the Securities (other than the CSO Obligations, if any) in consideration of the Company’s issuance of the Conversion Shares at the Conversion Price to the Conversion Shares Depository (on behalf of the Holders and Beneficial Owners of the Securities) or to the relevant recipient of such Conversion Shares, all in accordance with the terms of the Securities.

  • Interest Conversion Shares shall have the meaning set forth in Section 2(a).

  • Conversion Date shall have the meaning set forth in Section 4(a).

  • Forced Conversion Date shall have the meaning set forth in Section 6(d).

  • Series B Conversion Price means, as of the applicable Conversion Date, the greater of (A) the average of the Market Values of the Common Stock for the five consecutive Trading Days preceeding (but not including) such Conversion Date, or (B) the then effective Series B Minimum Conversion Price.

  • Term Loan Conversion Date means the Termination Date on which all Revolving Credit Advances outstanding on such date are converted into a term loan pursuant to Section 2.06.

  • Make-Whole Fundamental Change Conversion Period has the following meaning:

  • Date of Conversion Conversion Price:_______________________________________________________________ Shares To Be Delivered:_________________________________________________________ Signature:______________________________________________________________________ Print Name:_____________________________________________________________________ Address:________________________________________________________________________

  • Conversion Event means the cessation of use of (i) a Foreign Currency both by the government of the country or the confederation which issued such Foreign Currency and for the settlement of transactions by a central bank or other public institutions of or within the international banking community or (ii) any currency unit or composite currency for the purposes for which it was established.

  • Initial Conversion Price has the meaning specified in Section 13.01.

  • Conversion/Continuation Notice is defined in Section 2.9.

  • Notice of Conversion/Extension means the written notice of conversion of a LIBOR Rate Loan to an Alternate Base Rate Loan or an Alternate Base Rate Loan to a LIBOR Rate Loan, or extension of a LIBOR Rate Loan, in each case substantially in the form of Exhibit 1.1(e).