Examples of Convertible Portion in a sentence
When the digester is installed, the wastewater drain lines will be rerouted so that all wastewater travels through the anaerobic digester prior to entering the existing retention ponds.
From time to time, Lender may require Borrower to make any payment of the Convertible Portion (as defined below) of Borrower's obligations under this Note in shares of Common Stock of Borrower ("Common Shares") instead of lawful money of the United States of America and thereby convert all or any part of such Convertible Portion into that number of Common Shares, as is obtained by dividing the dollar amount that Lender elects to convert by the applicable Conversion Price (as defined below).
If any fractional shares of Preferred Stock would, but for this Section 7, be issuable upon the conversion of this Note or the Convertible Portion, the Company shall make a payment therefor in check or cash in an amount equal to the Fair Market Value of such fractional shares.
If an Event of Default with respect to the securities of a series issued pursuant to the Fourth Supplemental Indenture occurs and is continuing, the Trustee or the holders of at least 25% in aggregate principal amount of the Securities of such series then Outstanding, by notice in writing to the Company (and to the Trustee if notice is given by such holders), may declare the unpaid principal of, premium, if any, and accrued interest, if any, due and payable immediately.
The issuance of stock certificates upon conversion of this Note or the Convertible Portion pursuant to Sections 5 and 6 shall be made without charge to the converting Holder for any transfer, stamp or similar tax in respect of the issuance thereof.
The issue of Class A Ordinary Shares, or share certificates, as the case may be, upon conversions of the Convertible Portion of the Convertible Loans shall be made without charge to the applicable Lender for any documentary, stamp or similar issue or transfer Tax or duty in respect of the issue thereof.
The current market price of a Class A Ordinary Share shall be the current market price of an ADS divided by the number of Ordinary Shares then represented by each ADS (and current market price of an ADS shall be the Closing Sale Price on the last Trading Day immediately preceding the Conversion Date for such Convertible Portion).
When he receives too much or too little his cadastral survey fees provided for in Article 50 (2).
If any fractional shares of stock would be issuable upon the conversion of any Convertible Portion of the IFC C Loan and/or the IFC D Loan, as applicable, the Borrower shall make an adjustment and payment therefore in cash to the applicable Lender at the current market price thereof to such Lender.
The number of full Class A Ordinary Shares that shall be issuable upon conversion shall be computed on the basis of the aggregate principal amount of the Convertible Portion of the IFC C Loan and/or the IFC D Loan, as applicable, surrendered for conversion on any Conversion Date.