Effective Date of Conversion definition

Effective Date of Conversion means the date on which all or some part of the Series HP Convertible Preferred Stock is converted into Common Stock in accordance with the terms hereof.
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Effective Date of Conversion is defined at Section 3.6(c).
Sample 1

Examples of Effective Date of Conversion in a sentence

  • The person(s) in whose name(s) any certificate for shares of Common Stock will be issuable upon such conversion will be deemed to have become the holder(s) of record of the shares represented thereby as of the Effective Date of Conversion.

  • Interest will accrue and be payable with respect to the Principal Amount converted up to the Effective Date of Conversion.

  • Upon any conversion of this Debenture, the Company will pay to the Holder all accrued and unpaid interest through the Effective Date of Conversion by check to the order of the Holder mailed to the Holder's address as it appears on the books of the Company, or, at the option of the Company, by converting such accrued Interest into shares of Common Stock at the Conversion Price.

  • Notwithstanding any other provision herein, in no event shall this Debenture be convertible into a number of shares of the Corporation such that the Holder would own or control directly or indirectly in any manner whatsoever in excess of 35% of the voting shares of the Corporation issued and outstanding on the Effective Date of Conversion.

  • Conversion calculations Effective Date of Conversion: Principal Amount and/or Interest to be converted: Number of Common Shares to be issued: [HOLDER] By: Name: Title: Address: DEBT PURCHASE AGREEMENT SCHEDULE I TRANSACTION SUMMARY Date of Put: October 17, 2014 Company Name: Sanomedics International Holdings, Inc.

  • Thereupon, there shall be issued and delivered to each such holder, promptly at such office and in the name as shown on such surrendered certificate or certificates, a certificate or certificates for the number of shares of Common Stock into which such Series D Preferred Stock was convertible on the date on which such automatic conversion occurred and cash in respect of any fraction of a share as provided in Section 4.4(d).(c) Effective Date of Conversion.

  • Within three (3) Business Days after the Effective Date of Conversion, the Corporation shall issue and deliver to each holder who has tendered its shares of Class A Preferred Stock a certificate(s) for the full number of shares of Common Stock issuable upon the conversion of such shares of Class A Preferred Stock in accordance with the provisions of this Section 7.

  • Conversion Calculations Effective Date of Conversion: Principal Amount and/or Interest to be Converted: Number of Common Shares to be Issued: [HOLDER] By: Name: Title: Address: 4835-1033-8337, v.

  • If this Debenture is converted pursuant to Subsection 1(a), then, notwithstanding anything herein to the contrary, the Corporation will pay to the Holder interest accrued hereunder up to the date upon which the Holder is deemed to be the holder of record of the Shares issuable upon conversion as provided in Subsection 1(a) (the "Effective Date of Conversion"), such interest to be paid on the Effective Date of Conversion.

  • Effective Date of Conversion: June 22, 2011 Conversion Price: $0.25 per Share Shares To Be Delivered: Forty Million (40,000,000) Address for Registration Of Shares: 200 X.

Related to Effective Date of Conversion

  • Date of Conversion Conversion Price:_______________________________________________________________ Shares To Be Delivered:_________________________________________________________ Signature:______________________________________________________________________ Print Name:_____________________________________________________________________ Address:________________________________________________________________________

  • Certificate of Conversion means the Certificate of Conversion of the Partnership filed with Secretary of State of Delaware as referenced in Section 2.1 as such Certificate of Conversion may be amended, supplemented or restated from time to time.

  • Notice of Conversion/Extension means the written notice of conversion of a LIBOR Rate Loan to an Alternate Base Rate Loan or an Alternate Base Rate Loan to a LIBOR Rate Loan, or extension of a LIBOR Rate Loan, in each case substantially in the form of Exhibit 1.1(e).

  • Automatic Conversion means the irrevocable and automatic release of all of the Company’s obligations under the Securities (other than the CSO Obligations, if any) in consideration of the Company’s issuance of the Conversion Shares at the Conversion Price to the Conversion Shares Depository (on behalf of the Holders and Beneficial Owners of the Securities) or to the relevant recipient of such Conversion Shares, all in accordance with the terms of the Securities.

  • Continuation/Conversion Date means the date on which a Loan is converted into or continued as a LIBOR Rate Loan.

  • Notice of Conversion/Continuation means a notice in substantially the form of Exhibit B.

  • Automatic Conversion Date shall have the meaning specified in Section 15.12(a).

  • Continuation/Conversion Notice means a notice of continuation or conversion and certificate duly executed by an Authorized Officer of the Borrower, substantially in the form of Exhibit C hereto.

  • Final Conversion Date means 5:00 p.m. in New York City, New York on the earlier to occur following the IPO of (i) the first Trading Day falling on or after the date on which the outstanding shares of Class B Common Stock represent less than ten percent (10%) of the aggregate number of shares of the then outstanding Class A Common Stock and Class B Common Stock, (ii) the tenth (10th) anniversary of the IPO or (iii) the date specified by affirmative vote of the holders of a majority of the outstanding shares of Class B Common Stock, voting as a single class.

  • Forced Conversion Date shall have the meaning set forth in Section 6(d).

  • Optional Conversion has the meaning set forth in Section 6(a).

  • Optional Conversion Date means, with respect to the Optional Conversion of any Convertible Preferred Stock, the first Business Day on which the requirements set forth in Section 10(d)(ii) for such conversion are satisfied.

  • Forced Conversion has the meaning set forth in Section 4.05(c) hereof.

  • Notice of Conversion shall have the meaning set forth in Section 4(a).

  • Forced Conversion Notice Date shall have the meaning set forth in Section 6(d).

  • Plan of Conversion has the meaning given such term in Section 14.1.

  • Mandatory Conversion Date has the meaning set forth in Section 7(a).

  • Change of Control Conversion Date shall have the meaning provided in the Articles Supplementary.

  • Judgment Conversion Date as defined in subsection 10.8(a).

  • Forced Conversion Notice has the meaning set forth in Section 4.05(c) hereof.

  • Make-Whole Fundamental Change Conversion Period has the following meaning:

  • Notice of Continuation/Conversion has the meaning specified in Section 2.2(b).

  • Mandatory Conversion shall have the meaning set forth in Section 6.

  • Conversion/Continuation Date means the effective date of a continuation or conversion, as the case may be, as set forth in the applicable Conversion/Continuation Notice.

  • Conversion Date shall have the meaning set forth in Section 4(a).