CONVERSION," and definition

CONVERSION," and. REORGANIZATION means (i) the conversion of the Mid-Tier Holding Company from a federally chartered stock corporation to a federal interim savings association and the subsequent Mid-Tier Holding Company Merger pursuant to which the Mid-Tier Holding Company will cease to exist, (ii) the conversion of the Mutual Holding Company from mutual form to a federal interim stock savings association and the subsequent Mutual Holding Company Merger, pursuant to which the Mutual Holding Company will cease to exist, (iii) the Association Merger, pursuant to which the Association will become a wholly owned subsidiary of the Holding Company and, in connection therewith, each share of Mid-Tier Holding Company Common Stock outstanding immediately prior to the effective time thereof shall automatically be converted, without further action by the holder thereof, into and become the right to receive shares of Holding Company Common Stock based on the Exchange Ratio, plus cash in lieu of any fractional share interest, and (iv) the issuance of Conversion Stock by the Holding Company in the Offerings as provided herein, which will increase the number of shares of Holding Company Common Stock outstanding and the capitalization of the Holding Company and the Association. All such transactions shall occur substantially simultaneously.
Sample 1
CONVERSION," and. Converted" shall refer to a conversion pursuant to Section 2.3 or Article III of one Type of Loan into another Type of Loan.
Sample 1
CONVERSION," and. CONVERTED" each refers to a conversion of Revolving Advances of one Type into Revolving Advances of another Type pursuant to Section 2.03(b).
Sample 1

Examples of CONVERSION," and in a sentence

  • A forced conversion pursuant to Section 5(b) shall occur on the date on which such forced conversion is deemed to occur pursuant to Section 5(b) (the "DATE OF FORCED CONVERSION", and together with the Date of Voluntary Conversion, the "DATE OF CONVERSION").

  • NOTE: The above forms of contact must be attempted, when applicable, for an investigation to be CLOSED—NO CONVERSION and the finding classified as NO AFFIDAVIT.

  • There is no guarantee that she was not taking more than what she was replacing and then covering this theft by adjusting the register totals.Fact 13 - CONVERSION and THEFT.

  • CONVERT, CONVERSION, and CONVERTED refers to a conversion pursuant to SECTION 3.10 of one Type of Borrowing into another Type of Borrowing.

  • CONVERT, CONVERSION, and CONVERTED refers to a conversion pursuant to SECTION 2.1(c) of one Type of Borrowing into another Type of Borrowing.

  • All proceedings occurring since the date of incorporation of the Company of the board of directors of the Company, including all committees thereof, and of the Company Shareholders, and all consents to actions taken thereby, are accurately reflected, in all material respects, in the minutes and records contained in the corporate minute books of the Company and made available to the Purchaser.

  • Using your card:  you may not exceed $2,000.00 in transactions per day or available balance, whichever is less CURRENCY CONVERSION and CROSS-BORDER TRANSACTION FEES – If you effect a transaction with your card in a currency other than US dollars, MasterCard will convert the charge into a US dollar amount.

  • DATA CONVERSION and TRAINING DAYS Data conversion and training services included in this contract are for twelve (12) man- days.

  • The Jupiter Shareholders shall, prior to the Closing, take all actions necessary to cause the Jupiter Common Stock to be converted into non-par value stock (the "CONVERSION") and shall ensure that none of such actions shall have an adverse effect on Jupiter following the Closing.

  • We hereby consent to the filing of this opinion with the SEC and the Office of Thrift Supervision as exhibits to the Registration Statement and the Savings Bank's Application for Conversion on Form AC, respectively, and the reference to our firm in the prospectus which is a part of both the Registration Statement and the Form AC under the headings "THE CONVERSION" and "LEGAL and TAX OPINIONS".


More Definitions of CONVERSION," and

CONVERSION," and. Converted" each means a conversion of Committed Advances of one Type into Committed Advances of another Type pursuant to Section 2.10, 2.11 or 2.15.
Sample 1
CONVERSION," and. Converted" shall refer to a conversion pursuant to Section 2.3 or Article III of one Type of Loan into another Type of Loan. 004726 000020 DALLAS 1786243.3 SECOND AMENDED AND RESTATED CREDIT AGREEMENT [CONFORMED THROUGH AUGUST 2004]
Sample 1
CONVERSION," and. REORGANIZATION means (i) the conversion of the Mid-Tier Holding Company from a federally chartered stock corporation to a federal interim savings association and the subsequent Mid-Tier Holding Company Merger pursuant to which the Mid-Tier Holding Company will cease to exist, (ii) the conversion of the Mutual Holding Company from mutual form to a federal interim stock savings association and the subsequent Mutual Holding Company Merger,
Sample 1
CONVERSION," and. CONVERTED" shall refer to a conversion pursuant to Section 3.2, 3.9 or 3.11 of a Eurodollar Loan into a Base Rate Loan or vice versa.
Sample 1

Related to CONVERSION," and

  • Conversion and “Converted” each refers to a conversion of Advances of one Type into Advances of the other Type pursuant to Section 2.08 or 2.09.

  • Conversion Plan shall have the meaning given to such term in Section 2.05 of this Agreement.

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

  • Mandatory Conversion Notice has the meaning set forth in Section 10(c)(iv).

  • 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.

  • 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 means the conversion of any Convertible Preferred Stock other than a Mandatory Conversion.

  • Plan of Conversion has the meaning assigned to such term in Section 14.1.

  • Mandatory Conversion Date means the third Business Day immediately following the last Trading Day of the Final Averaging Period.

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

  • Major conversion means a conversion of an existing ship:

  • Conversion Date shall have the meaning specified in Section 14.02(c).

  • Mandatory Conversion Event means the earlier to occur of: (i) the date on which the last sale price for the Class A Common Stock or Class D Common Stock, regular way, or, in case no such sale takes place on such date, the average of the closing bid and asked prices, regular way, for the Class A Common Stock or Class D Common Stock, in either case as reported in the principal consolidated transaction reporting system with respect to the principal national securities exchange on which the Class A Common Stock or Class D Common Stock is listed or admitted to trading, or, if neither Class A Common Stock nor Class D Common Stock is listed or admitted to trading on any national securities exchange, the last quoted price, or, if not so quoted, the average of the high bid and low asked prices in the over-the-counter market, as reported by the principal automated quotation system that may then be in use, for the Class A Common Stock or Class D Common Stock for fifteen (15) consecutive trading days is equal to or greater than the Mandatory Conversion Trigger Price as then in effect; and (ii) the issuance by the Corporation of Common Stock at an issue price per share not less than the Mandatory Conversion Trigger Price as then in effect for aggregate gross proceeds (before deduction of underwriting commissions and other expenses of sale) of not less than $75,000,000, provided that if such issuance is made to a Purchasing Party, the Designated Investment Bank shall have provided an opinion in customary form to the Company to the effect that the issue price per share of Common Stock is at or higher than the fair market value of a share of Common Stock.

  • Continuation/Conversion Date means the date on which a Loan is converted into or continued as a LIBOR Rate Loan.

  • Conversion Request means a request, substantially in the form of Exhibit B, by the Borrower to convert the interest rate basis for all or portions of outstanding Loans, which shall specify (a) the requested Conversion Date, which shall be not fewer than three Business Days after the date of such Conversion Request, (b) the aggregate amount of such Loans, on and after the Conversion Date, which are to bear interest as ABR Loans or Eurodollar Loans and (c) the term of the Interest Periods therefor, if any.

  • Certificate of Conversion means the Certificate of Conversion pursuant to which SunGard Bi-Tech Inc., a Delaware corporation, converted into the Company, a Delaware limited liability company, filed on August 12, 2005 with the Secretary of State of the State of Delaware, effective as of 11:59 p.m. (EDT) on August 12, 2005.

  • 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.

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

  • Date of Conversion has the meaning ascribed thereto in Section 6.4(b);

  • Conversion Consideration shall have the meaning specified in Section 14.12(a).

  • Conversion Notice means a written notice of conversion substantially in the form annexed hereto as Exhibit A.

  • Conversion/Continuation Notice means a Conversion/Continuation Notice substantially in the form of Exhibit A-2.

  • Conversion Agreement means any agreement entered into from time to time between the Issuer or Guarantor (or their respective agents) and any maintenance facility with respect to the conversion of an ACS Group Aircraft to a freighter or mixed-use aircraft.

  • Notice of Conversion/Continuation means a notice in substantially the form of Exhibit B.

  • Conversion/Continuation Date means the effective date of a continuation or conversion, as the case may be, as set forth in the applicable Conversion/Continuation Notice.

  • Conversion condominium means a condominium containing structures which before the recording of the declaration, were wholly or partially occupied by persons other than those who have contracted for the purchase of condominium units and those who occupy with the consent of such purchasers.