Conversion Effective Date definition

Conversion Effective Date has the meaning assigned to such term in Section 5.11(h).

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Conversion Effective Date means the immediately succeeding January 1 following receipt by the General Partner of a Notice of Conversion on or before the immediately preceding December 1.

Conversion Effective Date has the meaning set forth in Section 2.9(c)(i).

Examples of Conversion Effective Date in a sentence

• This distribution shall not be deemed a distribution on a Common Unit, but the satisfaction of prior entitlements of the holders of Class B Units as of the Conversion Effective Date.

• If a Cumulative Class B Unit Arrearage exists on the Conversion Effective Date, Available Cash shall be distributed (A) to the General Partner in accordance with its Percentage Interest and (B) to the Unitholders holding Class B Units, Pro Rata, a percentage equal to 100% less the General Partner’s Percentage Interest, until there has been distributed in respect of each Class B Unit then Outstanding an amount equal to the Cumulative Class B Unit Arrearage, if any, as of such date.

• Prior to the Class C Conversion Effective Date, the Class C Units shall be entitled to vote as a single class with the holders of the Common Units on any matters on which Unitholders are entitled to vote, and shall be entitled to vote as a separate class on any matter that adversely affects the rights or preferences of the Class C Units in relation to other classes of Partnership Interests (including as a result of a merger or consolidation) or as required by law.

• The terms of the Class C Units will be changed, automatically and without further action, on the Class C Conversion Effective Date so that each Class C Unit is converted into one Common Unit and, immediately thereafter, none of the Class C Units shall be Outstanding; provided, however, that such converted Class C Units will remain subject to the provisions of Sections 6.1(d)(xv) and 6.10.

• Such conversion shall be deemed to have been made as of the Class B Conversion Effective Date whether or not the Class B Unit Certificate has been surrendered as of such date, and the Person entitled to receive the Common Units issuable upon such conversion shall be treated for all purposes as the record holder of such Common Units as of such date.

More Definitions of Conversion Effective Date

Conversion Effective Date means the first day of the first month for which the premium for health or long−term care insur- ance is fully or partially paid from the conversion account. The conversion effective date is determined as provided in sub. (4) (a) 3.

Conversion Effective Date means the date on which the Registration takes effect.

Conversion Effective Date means the date any conversion pursuant to this Note is effected.

Conversion Effective Date means either of the following: (a) the earliest date on which Holder is required to surrender the originally executed copy of this Note to the Company for cancellation, or (b) the date on which Holder shall have received the Amended Note (as defined below) in exchange for the surrender of the originally executed copy of this Note to the Company, in each case as required by Section 5.1 of this Note; and

Conversion Effective Date has the meaning set forth in Section 2.06(a).

Conversion Effective Date means, with respect to each Note, the date so elected by the holder of such Note pursuant to Section 6.

Conversion Effective Date means the date which is 20 Business Days after the Conversion Triggering Date or such other date as agreed between the Borrower and the Agent by which all required administrative steps for the conversion of the Construction Facilities into the Final Facility have been duly effected.