Conversion Transaction definition

Conversion Transaction means the conversion of the Company from the mutual to stock form of organization either on a stand-alone basis or in the context of a merger conversion.

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Conversion Transaction means the conversion of the Company from the mutual to stock form of organization either on a stand-alone basis or in the context of a merger conversion, as contemplated by regulations of the OTS or any successor thereof.

Conversion Transaction means a conversion, whether by merger, statutory conversion or otherwise) of the Borrower from a limited partnership to a limited liability company or a corporation or an exchange of some or all of the outstanding partnership interest in the Borrower for Equity Interests in a corporation or a limited liability company.

Examples of Conversion Transaction in a sentence

• No provision of the Conversion Agreement shall have been amended, nor compliance with any provision thereof, or satisfaction of any condition to the Conversion Transaction set forth therein, shall have been waived without your consent.

• The price of any Local FX Conversion Transaction will also include a spread charged by the relevant Intermediary or Recipient Bank.

• The Proxy Statement/Prospectus fairly describes, in all material respects, the general nature of the business and principal properties of the Company and its Subsidiaries after giving effect to the Conversion Transaction.

• ONEOK shall cause each Entity not to make any Tax election, other than (A) any Tax election made consistent with prior practice of the Entity, (B) a Tax election that would not adversely affect Northern Border or any Entity for any taxable period or portion thereof beginning after the Closing Date or (C) a Tax election to effect a Conversion Transaction as contemplated by Section 6.11.

• Such fee shall be payable within ten days of the date that the Company receives executed counterparts of this Agreement from the Required Holders, whether or not the Conversion Transaction is consummated.

More Definitions of Conversion Transaction

Conversion Transaction. With respect to a Mortgage Loan, a transaction initiated by Purchaser's delivery to Custodian of a Request for Certification containing a Conversion Code. A Conversion Transaction shall always be preceded by a Dry Transaction.

Conversion Transaction means the conversion of the business of CESTC from a limited partnership structure to a corporate structure pursuant to the Arrangement;

Conversion Transaction means any merger, consolidation, conversion, reorganization, exchange of securities or liquidation of the Company as a result of which the Persons who were Members immediately prior to such transaction (other than such Persons who received cash payments in such transaction in lieu of fractional interests) will, immediately thereafter, still own (in the same proportion), directly or indirectly, all of the securities or other equity interests representing the combined voting power of each successor entity's then outstanding voting securities or other equity interests.

Conversion Transaction means any transaction in terms of which

Conversion Transaction means an exchange of shares of Common Stock of the Company for units of membership interest in a publicly-traded Delaware limited liability company that results in the Company becoming a Subsidiary of such publicly-traded Delaware limited liability company and further results in the Securities becoming convertible into Equity Interests of such Delaware limited liability company pursuant to the terms of the Indenture.

Conversion Transaction means a transaction where the Customer purchases one currency by virtue of sale of another currency.

Conversion Transaction has the meaning set forth in Section 2.2.