Conversion Condition has the meaning given such term in Section 2.4(b).
Conversion Condition means the occurrence of shareholder approval of the Conversion Proposal, and with respect to any shares that would exceed the Corporation’s authorized share cap only, of any related amendments to the Articles of Incorporation necessary to authorize sufficient shares of Common Stock to allow such shares to be issued (“Shareholder Approval”).
Conversion Condition means, with respect to a given share of Class R Stock (or fraction thereof), the occurrence of the earliest of: (i) the repurchase or redemption by the Corporation or PKS Holdings of the share of Construction Stock to which it is attached; (ii) the exchange of the share of Construction Stock to which it is attached into another class of stock or securities of PKS Holdings intended to be issued primarily to persons leaving employment of PKS Holdings; (iii) April 15, 2006; and (iv) a Change of Control of the Corporation; provided, however, that the Conversion Condition shall not be deemed to have occurred as a result of the Class C Exchange.
Examples of Conversion Condition in a sentence
Amendment Option to disapply the Contractual Write Off Condition for Subordinated Capital Notes pursuant to Condition 6.10 (Disapplication of Contractual Conversion Condition or Contractual Write Off Condition)Not applicable68.
A Qualifying Relevant Event requires the New Conversion Condition to be satisfied.
The Company shall maintain its accounts so that the degree of fulfilment of the 2019 Conversion Condition is disclosed to holders of 2019 Plan Shares.
Ms. Amidon noted that she had spoken with Captain Robertson of the Sherriff’s Department regarding surveyors coming onto property.
Amendment Option to disapply the Contractual Conversion Condition for Subordinated Capital Notes pursuant to Condition 6.10 (Disapplication of Contractual Conversion Condition or Contractual Write Off Condition)Not applicable67.
More Definitions of Conversion Condition
Conversion Condition means the condition that will be satisfied if no Loan Event of Default has occurred and is continuing (and has not been waived) or would occur as a result of the relevant Tenanted Conversion or Managed Conversion (as the case may be) and, in relation to the immediately preceding Relevant Period and immediately preceding Relevant Year:
Conversion Condition means the occurrence of both (i) approval of the conversion under Section 8 of this Certificate of the Series D Preferred Stock into shares of Common Stock by the holders of more than 50.0% of the issued and outstanding shares of the Corporation’s Common Stock, Series A-2 Preferred Stock and Series C Preferred Stock, voting together as a single class on an as-converted basis, present in person or by proxy, at a duly called and held meeting of the Corporation’s stockholders; and (ii) receipt of all required authorizations and approvals from the NYSE American (or any such other exchange upon which the Corporation’s securities are then listed for trading) for the listing of the Common Stock underlying the Series D Preferred Stock and the continued listing of the Corporation after the closing of the merger transaction contemplated by the Agreement and Plan of Merger, dated September 12, 2019, by and among the Corporation, Glowpoint Merger Sub II, Inc. and Oblong Industries, Inc., and conversion of the Series D Preferred Stock into shares of Common Stock.
Conversion Condition means the receipt by the Lender of the FCC Approval.
Conversion Condition means the approval at a general meeting of the Shareholders of the Parent Guarantor of such resolutions as are required to enable the issuance of such number of Ordinary Shares as may be required to be issued from time to time upon the exercise of Conversion Rights pursuant to these Terms and Conditions and to approve the assumption by the Parent Guarantor of the obligation delegated to it in terms of Condition 9.8(j)(ii);
Conversion Condition means that the stockholders of the Corporation, at a duly held annual or special meeting, or by action by written consent in lieu thereof, have taken all action necessary or required under Section 5(i)(1) of the "Non-Quantitative Designation Criteria" of the NASDAQ National Market System to approve the issuance of Common Stock on conversion as contemplated by this Certificate.
Conversion Condition has the meaning ascribed to such term in the Term Sheet;