Conversion Election Date definition

Conversion Election Date means the date upon which the Holder's right to convert its Shares pursuant to Section 8 terminates in connection with an Elective Redemption, which date shall be no earlier than two (2) Business Days prior to the applicable Redemption Date.
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Conversion Election Date means the Holder Conversion Election Date or the Corporation Conversion Election Date, as applicable.
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Conversion Election Date means the date upon which the Holder of Series C Preferred Stock’s right to convert its shares pursuant to Section 7 terminates in connection with a Corporation Redemption, which date shall be no earlier than two Business Days prior to the Corporation Redemption Date.
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Examples of Conversion Election Date in a sentence

  • The Company shall exercise its right to Company Conversion Election by providing each Holder written notice (“Company Conversion Notice”) by facsimile and overnight courier on the Conversion Election Date.

  • The Company shall exercise its right to Company Conversion Election by providing each Holder written notice ("Company Conversion Election Notice") by facsimile and overnight courier on the Conversion Election Date.

  • Subject to the satisfaction of all the conditions of this Section 2(d)(viii), including, without limitation, the payment of the Company Conversion Election Cash Amount on the Company Conversion Election Date, on the Company Conversion Election Date each Holder of Preferred Shares selected for conversion will be deemed to have submitted a Conversion Notice in accordance with Section 2(d)(i) for a number of Preferred Shares equal to such Holder's Company Conversion Election Amount.

  • On the Company Conversion Election Date (as defined below), the Company shall pay to the Holder in cash, by wire transfer of immediately available funds, an amount equal to the sum of (I) the Make-Whole Amount and (II) the Additional Amount (the "Company Conversion Election Cash Amount").

  • The Company Conversion Election Notice shall indicate (w) the amount of the Company Conversion Election Cash Amount, (x) the date selected by the Company for conversion (the "Company Conversion Election Date"), which date shall be not less than thirty (30) Trading Days or more than sixty (60) Trading Days after the Company Conversion Election Notice Date, and (y) each Holder's Conversion Amount subject to this Company Conversion Election (the "Company Conversion Election Amount").

  • Notwithstanding the above, any Holder may convert such shares (including Preferred Shares selected for conversion hereunder which shall reduce such Holder's Company Conversion Election Amount) into Common Stock pursuant to Section 2(b) on or prior to the date immediately preceding the Company Conversion Election Date.

  • The Company shall exercise its right to Company Conversion Election by providing each Purchaser written notice (“Company Conversion Notice”) by facsimile and overnight courier on the Conversion Election Date.

  • Instead of any fractional interest in a Common Share that would otherwise be deliverable upon the conversion of a Preferred Share, the Corporation shall pay to the holder of such Preferred Share an amount in cash based upon the Current Market Price of a Common Share on the Trading Day immediately preceding the Holder Conversion Election Date or Corporation Conversion Election Date, as applicable.

  • The Company shall exercise its right to Company's Conversion Election by providing each holder of Preferred Shares written notice ("Company's Conversion Election Notice") by facsimile and overnight courier on the Conversion Election Date.

  • In the event of a Series A Redemption Notice relating to a redemption of any Shares of Series A Preferred Stock pursuant to Section 7, the conversion rights described herein of the Shares designated for redemption shall terminate at the close of business on the applicable Series A Conversion Election Date, unless the Series A Redemption Price is not fully paid on such redemption date, in which case the conversion rights for such Shares shall continue until such price is paid in full.

Related to Conversion Election Date

  • Election Date has the meaning specified in Section 312(h).

  • Optional Conversion Date means, with respect to the Optional Conversion of any Convertible Preferred Stock, the first Business Day on which the requirements set forth in Section 10(d)(ii) for such conversion are satisfied.

  • Make-Whole Fundamental Change Conversion Period has the following meaning:

  • Automatic Conversion Date has the meaning set forth in Section 7(c).

  • Final Conversion Date means 5:00 p.m. in New York City, New York on the earlier to occur following the IPO of (i) the first Trading Day falling on or after the date on which the outstanding shares of Class B Common Stock represent less than ten percent (10%) of the aggregate number of shares of the then outstanding Class A Common Stock and Class B Common Stock, (ii) the tenth (10th) anniversary of the IPO or (iii) the date specified by affirmative vote of the holders of a majority of the outstanding shares of Class B Common Stock, voting as a single class.

  • Extension Election has the meaning set forth in Section 2.16(c).

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

  • Change of Control Conversion Date shall have the meaning provided in the Articles Supplementary.

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

  • Date of Conversion Conversion Price:_______________________________________________________________ Shares To Be Delivered:_________________________________________________________ Signature:______________________________________________________________________ Print Name:_____________________________________________________________________ Address:________________________________________________________________________

  • Optional Conversion has the meaning set forth in Section 6(a).

  • Forced Conversion Date shall have the meaning set forth in Section 6(d).

  • Forced Conversion Notice Date shall have the meaning set forth in Section 6(d).

  • Non-Election Shares shall have the meaning set forth in Section 3.2.1.

  • 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.

  • 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.

  • Distribution Election With respect to any Series, as specified in the related Supplement.

  • Conversion Period means the period of time commencing on the eighth day after the Offer Date and terminating on the Expiry Date;

  • Conversion Date shall have the meaning set forth in Section 4(a).

  • Mandatory Conversion Notice has the meaning ascribed thereto in Section 4.5(a);

  • 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.

  • Redemption Calculation Date means the sixth Payment Business Day prior to the date on which the Notes are redeemed as a result of any event specified in this § 5(3).(b) Notice of redemption shall be given by the Issuer to the Holders in accordance with § 14 and shall be delivered to the Fiscal Agent not less than 15 days before and shall at least specify:

  • Judgment Conversion Date as defined in subsection 10.8(a).

  • Distribution Election Form means the form established from time to time by the Plan Administrator that the Director completes, signs and returns to the Plan Administrator to designate the time and form of distribution.

  • Forced Conversion Amount means the sum of (i) 100% of the aggregate Stated Value then outstanding, (ii) accrued but unpaid dividends and (iii) all liquidated damages and other amounts due in respect of the Series B Preferred Stock.

  • Automatic Early Redemption Date means each Automatic Early Redemption Date specified in the relevant Final Terms.