Conversion Option definition

Conversion Option means the Company’s option to convert some or all of the Series D Preferred Stock into that number of shares of Common Stock that are issuable at the then-applicable conversion rate as described in Section 8(c) of these Articles Supplementary.
Conversion Option means the option granted to the Company in Section 5.01 hereof pursuant to which the interest rate on the Bonds is converted from the Floating Rate to the Fixed Rate as of the Optional Conversion Date.
Conversion Option means an NQSO granted under Section 6(b)(v).

Examples of Conversion Option in a sentence

  • There may also be transfer when any policyholder exercises the Currency Conversion Option.

  • When the Currency Conversion Option is exercised, the corresponding asset share of the policy will be transferred from the participating fund of the original currency to that of the new currency.


More Definitions of Conversion Option

Conversion Option means Holder’s option to convert some or all of the Obligations into Common Stock as provided in Section 4.
Conversion Option means the option granted to the Company in Section 2.07 hereof to convert from one type of Interest Period to another type of Interest Period.
Conversion Option means the right of the Holder hereunder to convert the Accumulated Debt to Common Shares.
Conversion Option means, with respect to the Revolver A Loan, the option that may be exercised by the Borrower on the Option Date or the Extension Final Maturity in accordance with the terms of Section 2.16(b) hereof, to convert the Revolver A Loan to a term loan.
Conversion Option as defined in subsection 2.5(b).
Conversion Option has the meaning set forth in Section 6(a)(i)(A).