Conversion Consideration definition

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

Conversion Consideration means, with respect to the conversion of any Convertible Preferred Stock, the type and amount of consideration payable to settle such conversion, determined in accordance with Section 10.

Conversion Consideration means, with respect to the conversion of any share of Convertible Preferred Stock, the type and amount of consideration payable to settle such conversion, determined in accordance with Section 8.

Examples of Conversion Consideration in a sentence

• Subject to the provisions of this Article 5, each Holder may, at its option, convert such Holder’s Notes into Conversion Consideration.

• If a Holder converts more than one (1) Note on a single Conversion Date, then the Conversion Consideration due in respect of such conversion will (in the case of any Global Note, to the extent permitted by, and practicable under, the Depositary Procedures) be computed based on the total principal amount of Notes converted on such Conversion Date by such Holder.

• After such delivery to the Company, the Trustee, the Paying Agent and the Conversion Agent will have no further liability to any Holder with respect to such cash, Conversion Consideration or other property, and Holders entitled to the payment or delivery of such cash, Conversion Consideration or other property must look to the Company for payment as a general creditor of the Company.

• Subject to applicable unclaimed property law, the Trustee, the Paying Agent and the Conversion Agent will promptly notify the Company if there exists (and, at the Company’s request, promptly deliver to the Company) any cash, Conversion Consideration or other property held by any of them for payment or delivery on the Notes that remain unclaimed two (2) years after the date on which such payment or delivery was due.

• To be timely, such written request must be so delivered no later than the Close of Business on the following date: (x) with respect to the payment of any interest due on an Interest Payment Date, the immediately preceding Regular Record Date; (y) with respect to any cash Conversion Consideration, the relevant Conversion Date; and (z) with respect to any other payment, the date that is fifteen (15) calendar days immediately before the date such payment is due.

More Definitions of Conversion Consideration

Conversion Consideration shall have the meaning assigned to such term in the Certificate of Designation.

Conversion Consideration shall have the meaning set forth in Section 2.04 hereof.

Conversion Consideration has the meaning specified in Section 12.01.

Conversion Consideration has the meaning specified in Section 4.03(b) hereof.

Conversion Consideration means the consideration due, pursuant to Section 10(c), upon the settlement of the conversion of any Series A Preferred Stock.

Conversion Consideration has the meaning set forth in Section 8(D)(i).

Conversion Consideration has the meaning set forth in Section 5.03(B).