Effective Time of the Conversion definition

Effective Time of the Conversion means the time when the Conversion becomes effective under applicable law as provided in Section 3.01(e).
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Effective Time of the Conversion shall have the meaning given that term in the recitals of this Agreement.
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Examples of Effective Time of the Conversion in a sentence

  • The ------------ ------------------------------------------------------ term Effective Time of the Conversion and Reorganization shall mean the date and time at which the Conversion is deemed to occur and be effective in accordance with Article VII hereof.

  • Immediately following the Effective Time of the Conversion, Liberty Media LLC shall adopt a limited liability company agreement, which agreement shall be the sole organizational document of Liberty Media LLC until thereafter altered, amended or repealed as provided therein or by applicable law.

  • The term Effective Time of the Conversion shall mean the date and time at which the Conversion is deemed to occur and be effective in accordance with Section 4.6 hereof.

  • Mr Boyd advanced the viewpoint that frequently, Dr Ranson had failed to answer straightforward questions with a straightforward answer – not in the sense that necessarily she was seeking to dissemble but rather that she was reluctant to make concessions where concessions could sensibly have been made.

  • In accordance with the provisions of the DGCL and the DLLCA, upon and after the Effective Time of the Conversion, the Converting Entity, a Delaware limited liability company, hereby shall be converted into and continue its existence in the organizational form of the Converted Entity, a Delaware corporation.

  • In addition, for purposes of the opinion set forth below, we have relied, with the consent of MIC LLC, upon the accuracy and completeness of the statements and representations contained in the attached representation letter of MIC LLC (the “Representation Letter”), and we have assumed, with your consent, that the Representation Letter will be true, correct and complete as of the Effective Time of the Conversion without regard to any qualification as to knowledge or belief.

  • The Articles of Organization and the Operating Agreement of the Converted Limited Liability Company shall be the governing documents upon the Effective Time of the Conversion and shall continue as such in full force and effect until altered, amended or repealed.

  • The Company Agreement of the LLC (the “Operating Agreement”) shall continue to govern the parties until the Effective Time of the Conversion.

  • Dr. Domas and Dr. Heindl contacted Dr. Mayfield and it was agreed to retroactively approve those courses.

  • Neither the Member, nor the Member’s assets, business and record keeping practices, is currently in violation of any Applicable Law which violations could at any time (including, without limitation, after the Effective Time of the Conversion) have a material adverse effect upon (i) the Member, (ii) the Member’s ability to perform its obligations hereunder or (iii) any of the other parties hereto.

Related to Effective Time of the Conversion

  • Major conversion means a conversion of an existing ship:

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

  • 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.

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

  • 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.

  • Automatic Conversion Date has the meaning set forth in Section 7(c).

  • 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.

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

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

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

  • Initial Conversion Price has the meaning specified in Section 13.01.

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

  • Fixed Conversion Price shall have the meaning set forth in Section 4(b).

  • Series B Conversion Price means, as of the applicable Conversion Date, the greater of (A) the average of the Market Values of the Common Stock for the five consecutive Trading Days preceeding (but not including) such Conversion Date, or (B) the then effective Series B Minimum Conversion Price.

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

  • Certificate of Conversion means the Certificate of Conversion of the Company filed with the Secretary of State of the State of Delaware pursuant to Section 18-214(b)(1) of the Act on October 9, 2007, as amended or amended and restated from time to time.

  • Term Loan Conversion Date means the Termination Date on which all Revolving Credit Advances outstanding on such date are converted into a term loan pursuant to Section 2.06.

  • Conversion Plan shall have the meaning given to such term in Section 2.05 of this Agreement.

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

  • Company Conversion Price means, the lower of (i) the applicable Conversion Price and (ii) that price which shall be computed as ninety five percent (95%) of the lowest Volume Weighted Average Price of the Common Stock during the fifteen (15) consecutive Trading Days immediately preceding the applicable Installment Date. All such determinations to be appropriately adjusted for any stock split, stock dividend, stock combination or other similar transaction.

  • Fixed Conversion Rates means the Maximum Conversion Rate and the Minimum Conversion Rate.

  • New Conversion Price means the amount determined in accordance with the following formula, which shall apply from the QTE Effective Date: NCP = ECP * (VWAPAES / VWAPOS) where:

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

  • Series A Conversion Rate means, as adjusted pursuant to Section 5.8(b)(vi)(E), the number of Common Units issuable upon the conversion of each Series A Preferred Unit, which shall be the quotient of (a) the sum of (i) the Series A Issue Price, plus (ii) any Series A Unpaid Distributions on the applicable Series A Preferred Unit, plus (iii) only for purposes of the definition of “Series A COC Conversion Rate,” any Series A Partial Period Distributions on the applicable Series A Preferred Unit, divided by (b) the Series A Issue Price.

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

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