Conversion Notice definition
Examples of Conversion Notice in a sentence
Without limiting the preceding sentences, no ink-original Conversion Notice shall be required, nor shall any medallion guarantee (or other type of guarantee or notarization) of any Conversion Notice form be required in order to exercise the New Note.
Each Loan Notice or Conversion Notice requesting a Borrowing of or conversion to Alternate Base Rate Loans (other than Swingline Loans) must be received by the Administrative Agent not later than 1:00 p.m. one (1) Business Day prior to the requested date of any such Borrowing or conversion.
Following receipt of a Loan Notice or Conversion Notice, the Administrative Agent shall promptly notify each Lender of the amount of its Pro Rata Share of the applicable Loans.
Each Loan Notice or Conversion Notice in respect of a Borrowing that is submitted by the Borrower shall be deemed to be a representation and warranty that the conditions specified in Section 6.02 have been satisfied on and as of the date of such Borrowing.
From and after the date the Company enters into such agreement or issues any such Variable Price Securities, the Holder shall have the right, but not the obligation, in its sole discretion to substitute the Variable Price for the Conversion Price upon conversion of this Note by designating in the Conversion Notice delivered upon any conversion of this Note that solely for purposes of such conversion the Holder is relying on the Variable Price rather than the Conversion Price then in effect.