Examples of Conversion Interests in a sentence
Further, upon conversion of the Crowd Notes into Conversion Interests, shadow series unitholders shall grant their vote on any matter that is submitted to a vote or for the consent of the members of the Company (except for on matters required by law) by irrevocable proxy.
Termination of Crowd Note The Crowd Notes will terminate upon the earlier of: (i) a conversion of the entire purchase price under the Crowd Notes into Conversion Interests; or (ii) the payment of amounts due to the investor pursuant to a Corporate Transaction.
Self-pay patients are expected to pay in full at the time of service, or the appointment will be rescheduled.If the patient is a minor, then I, as the minor’s parent/legal guardian, am guaranteeing payment on the account asoutlined above.
In Amchem, the Supreme Court recognized that the fact of a “[s]ettlement is relevant to a class certification[,]” 521 U.S. at 619, and instructed that the portion of the predominance analysis that typically focuses on the management of the trial becomes unnecessary and irrelevant when a class is being certified in light of settlement.
Liquidity Distribution Option” means the option of a Holder ofan Allowed Class 2 Claim (other than the Backstop Parties) to elect to receive its Liquidity Amount on the Effective Date from the Liquidity Option Funding rather than the Conversion Interests and Rights provided in Section 3.02 of the Plan.
Upon receipt of all Governmental Approvals and the fulfillment of the conditions set forth in Section 5.03 above, MGM shall be deemed to be holder of record of the Conversion Interests, and, unless the Company defaults on its obligations hereunder, all rights with respect to this Convertible Note being so converted shall forthwith terminate.
Further, upon conversion of the Crowd Notes into Conversion Interests, shadow series shareholders shall grant their vote on any matter that is submitted to a vote or for the consent of the members of the Company (except for on matters required by law) by irrevocable proxy.
The Crowd Notes will terminate upon the earlier of: (a) a conversion of the entire purchase price under the Crowd Notes into Conversion Interests; or (b) the payment of amounts due to the investor pursuant to the terms of the Crowd Notes.
If this Agreement terminates pursuant to Section 2.02 as a result of the material default of INSYS at any time after INSYS has exercised the Equity Conversion Option, then APL (or Parent) would have the right, but not the obligation, at any time after such termination, to repurchase the Conversion Interests for the then fair market value (determined by an independent qualified appraiser giving due consideration to the termination of this Agreement).
Any Holder electing the Liquidity Distribution Option shall relinquish its pro rata share of Conversion Interests and Rights (including both Primary Rights and Follow-On Rights) to the Liquidity Option Backstop Parties, which shall be entitled to acquire the Conversion Interests and Rights (including both Primary Rights and Follow-On Rights) of holders electing the Liquidity Distribution Option in the order of priority and in the amounts set forth in the Backstop Commitment Agreement.