Converting Shares definition

Converting Shares means shares in respect of which valid Conversion Notices have been received and accepted which are to be reclassified pursuant to article 10;

Converting Shares has the meaning set forth in Section 3.2.

Converting Shares has the meaning set forth in Section 6(b) hereof.

Examples of Converting Shares in a sentence

• There is currently no charge for Switching between Funds or for Converting Shares in one Class of a Fund for Shares in another Class of the same Fund.

• The Conversion Notice shall also contain a statement of the name or names (with addresses and tax identification or social security numbers) in which the certificate or certificates for Common Stock shall be issued, if other than the name in which the Converting Shares are registered.

• There is currently no charge for Switching or Converting Shares in one Class of a Sub-fund for Shares in another Class of the same Sub-fund.

• Promptly after the receipt of the Conversion Notice, the Corporation shall issue and deliver, or cause to be delivered, to the holder of the Converting Shares or such holder’s nominee, a certificate or certificates for the number of shares of Common Stock issuable upon the conversion of such Converting Shares.

• There is currently no charge for Switching or Converting Shares in one Class of a Sub- fund for Shares in another Class of the same Sub-fund.

• Promptly after the receipt of the Conversion Notice, the Corporation shall issue and deliver, or cause to be delivered, to the holder of the Converting Shares or such holder's nominee, a certificate or certificates for the number of shares of Common Stock issuable upon the conversion of such Converting Shares.

• The certificate or certificates for Converting Shares shall be accompanied by proper assignment thereof to the Corporation or in blank.

• As promptly as practicable after the receipt of the Conversion Notice, the Corporation shall issue and deliver, or cause to be delivered, to the holder of the Converting Shares or such holder’s nominee, a certificate or certificates for the number of shares of Common Stock issuable upon the conversion of such Converting Shares.

• The Shareholder Conversion Notice shall also contain a statement of the name or names (with addresses and tax identification or social security numbers) in which the certificate or certificates for Common Stock shall be issued, if other than the name in which the Converting Shares are registered.

• Other than having no par value, the Mondi Limited Nominal Value Conversion will have no effect on the trading of or rights attaching to Mondi Limited Shares or Mondi Limited Special Converting Shares.

More Definitions of Converting Shares

Converting Shares means any class of Leisure Shares, Ordinary Shares, OT1 Shares, OT3 Shares or OT4 Shares (as the case may be) which are the subject of Conversion;

Converting Shares has the meaning set forth in Article III.III.2.2C.

Converting Shares has the meaning ascribed to it in Section 6(d) of this Article X.

Converting Shares. Refers to the convertible bonds which can be converted into up to 75,268,817 ordinary shares of listed companies with a face value of HK$ 0.01 at a conversion price of HK$ 2.79 per share;

Converting Shares means the new ordinary shares to be issued to Creditors by the Company, on the Effective Restructuring Date, by way of set-off against Residual Secured Claims, Unsecured Claims or Perpetual Claims under respectively the Share Capital Increase Reserved for Secured Creditors, the Share Capital Increase Reserved for Unsecured Creditors or the Share Capital Increase Reserved for Perpetual Creditors. " Creditors " means the Secured Creditors, the Unsecured Creditors, the Perpetual Creditors and the Quatrim Creditors. " Effective Restructuring Date " means the date on which all of the restructuring operations provided for in the Accelerated Safeguard Plan will have been completed, including the fulfilment of the conditions precedent included in the Reinstated RCF agreement and the Reinstated TL agreement and, where applicable, following the appointment of a court-appointed agent (mandataire de justice) by the Paris Commercial Court for the purpose of executing the deeds necessary to amend the Company’s bylaws, rights or shareholding, under the conditions set out in articleL. 626-32 of the French Commercial Code (excluding the Reverse Share Split and the Share Capital Reduction No. 2), which is expected to occur on or around 27 March 2024. " Electronic Instruction " means the instruction required to be submitted by direct participants in Euroclear or Clearstream to the Information Agent (via Euroclear or Clearstream as applicable) in the form described in the Euroclear/Clearstream Notice and in accordance with such clearing system’s procedures and deadlines in order for the relevant Creditors to have their relevant New Shares, Warrants and, as the case may be, Reinstated Quatrim Bonds to be issued, and their Support Fee, Quatrim Accrued Interest and Quatrim Redemption Amount, as the case may be, to be paid, in each case, credited on their accounts as part of the Financial Restructuring. " EMTN 2024 Bonds " means the bonds known as “Euro Medium Term Notes” issued under French law on 28 February 2014 for a nominal amount of€900,000,000, with €509,100,000 outstanding to date, due on 7 March 2024, identified under ISIN number FR0011765825. " EMTN 2025 Bonds " means the bonds known as "Euro Medium Term Notes" under French law, issued on 4 December 2014, for a nominal amount of€650,000,000, of which €357,400,000 is outstanding to date, due on 7 February 2025, identified under ISIN number FR0012369122. " EMTN 2026 Bonds " means the bonds known as "Euro Medium Term Notes...