Conversion Event Notice definition

Conversion Event Notice is defined in Section 2.3(g).
Conversion Event Notice means a notice from the Noteholder to the Company in accordance with Condition 15 following the occurrence of a Conversion Event and specifying the relevant Conversion Event in reasonable detail, the form of which is set out in Schedule 4 to these Conditions;
Conversion Event Notice means a notice from the Noteholder to the Company in accordance with Condition 15 following the occurrence of a Conversion Event and specifying the relevant Conversion

Examples of Conversion Event Notice in a sentence

  • Each share of Series A shall, on the third Trading Day following the date on which the Corporation delivers an Automatic Conversion Event Notice (the “Automatic Conversion Date”) automatically be converted into fully-paid, non-assessable shares of Common Stock at the Conversion Rate then in effect on the Automatic Conversion Date, without any further action by the Holders of such shares and whether or not certificates representing such shares are surrendered to the Corporation or its transfer agent.

  • As such, we provided a Conversion Event Notice to the remaining bond holders on June 18, 2013.

  • Except as set forth by a Holder in an Election Notice (as defined below), a Holder’s right to convert Notes shall automatically terminate, with no further action of the Issuer or any Holder, immediately prior to the Open of Business on the date that is 46 days following the date of the Conversion Event Notice (the “Conversion Termination Date”).

  • The Conversion Event Notice delivered by the Issuer shall be in the form set forth on Exhibit H hereto and shall state the amount of the Cash Conversion Amount and whether the payment of the Cash Conversion Amount shall be made in cash, shares of Common Stock or a combination of cash and shares of Common Stock and the method of calculating the Cash Conversion Amount payment.

  • No Accelerated Conversion Event Notice shall be required to be delivered, and the Bonds shall not be mandatorily converted, pursuant to this Condition 4(d) where the applicable Settlement Date would fall on or after the Final Maturity Date.

  • This increase was primarily the result of the achievement of the performance goal associated with delivery of a Conversion Event Notice, which occurred on June 18, 2013.

  • No Accelerated Conversion Event Notice shall be required to be delivered, and the Bonds shall not be mandatorily converted, pursuant to this Condition 4(d) where the date which (at the time such Accelerated Conversion Event Notice is given) is expected to be the applicable Settlement Date would fall on or after the Final Maturity Date.

  • Except as set forth in an Election Notice (as defined below), the right to convert Convertible Notes with respect to the occurrence of the Conversion Event shall terminate on the date that is 46 days following the date of the Conversion Event Notice (the “Conversion Termination Date”), such that the holder shall have a 45-day period in which to convert its Convertible Notes up to the amount of the Conversion Cap (as defined below).

  • A Holder may convert its Notes at any time in connection with a Conversion Event during the 45-day period from the date of the Conversion Event Notice to the Close of Business on the Business Day immediately preceding the Conversion Termination Date.

  • The Conversion Termination Date shall be the date that is 46 days following the Conversion Event Notice.


More Definitions of Conversion Event Notice

Conversion Event Notice means the notice, substantially in the form set out in Schedule 12 (Form of Conversion Event Notice).

Related to Conversion Event Notice

  • Conversion Event means the cessation of use of (i) a Foreign Currency both by the government of the country or the confederation which issued such Foreign Currency and for the settlement of transactions by a central bank or other public institutions of or within the international banking community or (ii) any currency unit or composite currency for the purposes for which it was established.

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

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

  • 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.

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

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

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

  • Conversion/Continuation Notice is defined in Section 2.9.

  • Default Conversion Price shall have the meaning set forth in Section 4(b).

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

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

  • 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.

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

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

  • Notice Event means any of the events enumerated in paragraph (b)(5)(i)(C) of the Rule and listed in Section 4(a) of this Disclosure Agreement.

  • Put Option Event means a Change of Control Event.

  • Early Preference Share Redemption Event means the event that occurs if:

  • Redemption Event has the meaning set forth in Section 3.4.

  • Early Redemption Event means that R (k) is equal to or greater than the Early Redemption Level (k) on the respective Observation Date (k).

  • Conversion Notice has the meaning specified in Section 4.02(b).

  • Major conversion means a conversion of an existing ship:

  • Early Preference Share Redemption Notice means a notice of early redemption of some or all of the Preference Shares given by or on behalf of the Company in accordance with Condition 6 (Notices).

  • 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.

  • Optional Redemption Notice Date shall have the meaning set forth in Section 6(a).

  • Automatic Early Redemption Event means that: