Conversion Certificate definition
Examples of Conversion Certificate in a sentence
Promptly after its receipt of a Conversion Certificate, the Custodian shall release out of the Secured Proceeds, subject to the limitation set forth in Section 1(g), to the account specified in the written instructions of the Company, an amount equal to the Converted Principal Amount.
Deeds, which is particularly mentioned in the “Schedule-A” property hereunder, & herein after also called as “said Property”, and the Landowners have been exercising their right, title, interest & possession over the same, and the concerned authority has issued Conversion Certificate in respect of the “Schedule-A” property.
Promptly after its receipt of a Forced Conversion Certificate, the Custodian shall release the Secured Proceeds to the account specified in the written instructions of the Company, in an amount equal to the ratio that the amount of principal amount of Debentures subject to the Forced Conversion bears to the outstanding principal amount of the Debentures.
The Company may condition delivery of any Conversion Certificate upon the prior receipt from the registered holder of any undertakings that the Company may determine are required to insure that the certificate is being issued in compliance with all applicable federal and State securities laws.
The Partnership was established as a limited partnership by the filing of the Certificate and the Conversion Certificate with the Delaware Secretary of State and is and shall be governed by the provisions of the Act and upon the terms and conditions set forth in this Agreement.